Geodex Minerals Ltd. (TSX VENTURE:GXM)(FRANKFURT:G2W) reported the results of the first ever drill program on its Flume Ridge property in New Brunswick.
The press release is quoted as saying:
The Flume Ridge property forms part of a group of properties, in addition to Sisson Brook, with potential for granite-related deposits with tungsten, molybdenum, tin and related metals. The challenge and potential of the region lies in the complexities due to the extensive glacial till cover masking potential mineral deposits. Geodex has successfully moved the Sisson Brook deposit through exploration to development stage in this geological environment and the drill discovery at Flume Ridge is further proof of the potential of this region of New Brunswick.