Geodex Minerals Ltd.: South Dungarvon Drill Program Intersects Tin Mineralization

Geodex Minerals Ltd. (TSX VENTURE:GXM)(FRANKFURT:G2W) (the "Company" or
"Geodex") announces that it has received the drilling results for its South
Dungarvon Tin Project in central New Brunswick. Three holes were completed for a
total of 276 metres for which all analytical results have been received. 


The South Dungarvon property hosts multiple tin mineral occurrences within and
along the contact of the Late Devonian Dungarvon Granite. The focus of the South
Dungarvon 2013 work was to complete a first stage drill program to test an area
in the eastern region of the property where previous operators had identified
tin bearing boulders and tin soil anomalies. Geodex confirmed and partially
defined these soil anomalies in 2012 in an area covered by a blanket of glacial
till, largely masking the underlying bedrock. The tin anomalies in the area of
the 2013 drill program are associated with an interpreted major northeast
trending regional structure. 


Drill holes SD-13-01 and SD-13-03, drilled to create a scissor pattern on the
same north-south section, both intersected near-surface tin mineralization. This
establishes a new tin occurrence in the eastern region of the property. The tin
mineralization intersected in these holes was mainly in quartz (+/- chlorite,
fluorite, carbonate) veins cutting the Late Devonian Dungarvon Granite and as
local disseminations and clusters in the granite. SD-13-01 was drilled to the
north at a 45 degree dip to a length of 85 metres. SD-13-03 was collared 25
metres further north, and drilled to the south at a 55 degree dip to a length of
76 metres. Both holes were within an area of tin soil anomalies and the
approximate area of the reported structure. There is approximately 5 metres of
glacial till in the immediate area of these drill holes. Veining was locally
frequent in both holes, which Geodex believes is a result of the mapped
structure in this area and a key controlling feature of the mineralization. 


The results included:



Drill Hole          From          To    Intercept        Tin
                 (metres)    (metres)     (metres)        (%)

SD-13-01           15.10       16.42         1.32      0.239
SD-13-01           22.68       28.18         5.50      0.062
SD-13-01           33.26       34.37         1.11      0.147
SD-13-01           37.36       37.96         0.60      0.372
                                                            
SD-13-03           10.65       11.17         0.52      0.207
SD-13-03           22.95       23.95         1.00      0.144
SD-13-03           58.40       59.10         0.70      0.216

Note: The above intervals do not represent true widths of mineralization,   
which would be less based on the measured core angles.                      



Drill hole SD-13-02 was collared approximately 500 metres northwest of SD-13-03.
SD-13-02, which tested the northern part of the soil anomaly, failed to
intersect significant mineralization and appears to have been collared north of
the target structure.


David Martin, VP New Brunswick Operations, commented, "The small 2013 drill
program established a new area of tin mineralization in the eastern region of
the South Dungarvon Project. A first stage drill program in a glacially till
covered area has a number of purposes. We are pleased that our drilling
successfully intersected tin mineralization and the structure that is associated
with the mineralization as well as providing some valuable data on the property
geology. The tin soil anomalies and reported fault continue east and west of
SD-13-01 and SD-13-03, providing targets for further drilling."


Geodex also reports that it has terminated its agreement on the Dungarvon
Tungsten-Molybdenum-Tin Project on which it reported drill results earlier.
Geodex retains 100% ownership of the South Dungarvon Project.


Geodex's disclosure of a technical or scientific nature in this press release
has been reviewed and approved by David Martin, P. Geol., Geodex's Vice
President New Brunswick Operations, who acts as the qualified person under the
definition of National Instrument 43-101.


About Geodex

Geodex is a mineral resource company focused on New Brunswick, Canada. Geodex
has continued to actively develop its exploration portfolio focused on the
discovery of critical metals in New Brunswick. Geodex has operated for a decade
in New Brunswick where it has had a number of discovery and development
successes including Sisson and Mount Pleasant West.


ON BEHALF OF THE BOARD OF DIRECTORS

GEODEX MINERALS LTD.

Mark Fields, President & CEO

Forward Looking Statement

Certain information regarding the Company contained in this press release may
constitute forward-looking statements within the meaning of applicable
securities laws. Forward-looking statements may include estimates, plans,
opinions, forecasts, projections or other statements that are not statements of
fact. Although the Company believes that expectations reflected in such
forward-looking statements are reasonable, it can give no assurance that such
expectations will prove to have been correct. The Company cautions that actual
performance will be affected by a number of factors, many of which are beyond
the Company's control, and that future events and results may vary substantially
from what the Company currently foresees. 



FOR FURTHER INFORMATION PLEASE CONTACT: 
Geodex Minerals Ltd.
Investor Relations
[phone] or Toll free 1-888-999-3500
604-689-5528 (FAX)
[e-mail]
www.geodexminerals.com