Geodex Minerals Ltd.: West Gore Vein Rubble Samples Assay Up to 56.9% Antimony and 153 g/tonne Gold

Geodex Minerals Ltd. (TSX VENTURE:GXM) (FRANKFURT:G2W), (the "Company" or
"Geodex") is pleased to announce that it has received antimony and gold assays
for initial rock samples collected at the West Gore Antimony - Gold Project. The
West Gore Project is located in west-central Nova Scotia, approximately 50 km
northwest of Halifax. The Project was recently acquired by Geodex through an
option agreement with Elk Exploration Ltd. Previous antimony and gold mining was
conducted within the Project area during 1884 to 1917 with most production
reported from the Main Vein - Fissure (Geodex News Release of June 25, 2014).


Geodex collected rock grab samples during an initial one-day visit to the
Project in early July. Samples WG-R-14-1 to WG-R-14-5 were collected from rubble
and apparent waste rock piles in the northern part of the Project. This is the
documented area of the Main Vein - Fissure. An old shaft is evident in the area
of these samples. Samples WG-R-14-1 to WG-R-14-3 consist of angular quartz -
stibnite vein material while samples WG-R-14-4 and WG-R-14-5 consist of sheared
meta-sediment with quartz veining, pyrite and stibnite. Sample WG-R-14-6 was
from a piece of angular massive stibnite in the area of the documented Brook
Vein (north-central region of the Project). This sample was within 20 metres of
what appears to be an old Shaft. 


The rock samples were assayed by Activation Laboratories Ltd. in Ancaster,
Ontario. The antimony assays were performed by Instrumental Neutron Activation
Analysis (INAA). The gold assays were initially performed by Fire Assay - Atomic
Absorption (FA-AA). Samples exceeding 3000 ppb gold by FA-AA were re-assayed by
Fire Assay - Gravimetric (FA-GRA). The assay results of the rock samples are as
follows:




                                                Au (ppb)       Au ( g/tonne)
Sample Number                 Sb (%)               FA-AA              FA-GRA
----------------------------------------------------------------------------
WG-R-14-1                       1.72   greater than 3000              153.00
WG-R-14-2                       11.3   greater than 3000                4.28
WG-R-14-3                       21.0   greater than 3000                5.97
WG-R-14-4                      0.374   greater than 3000                3.15
WG-R-14-5                       3.31                2590                    
WG-R-14-6                       56.9                 671                    



David Martin, Vice President New Brunswick Operations, noted "The initial
sampling of rubble near the documented location of the Main Vein - Fissure
confirmed antimony and gold in variable amounts in both vein material and
sheared wall rock. Public documents indicate mineralized rock in the waste dump
areas near the shafts at this vein. I expected to find antimony mineralization
here. Although our sampling was limited, I was pleased with the levels of gold
including some high grade gold as indicated by the first sample. Samples 4 and 5
are especially significant to me as these indicate mineralization in sheared
wall rock. Sample 6 indicates a narrow high grade source as I measured the
sample to be 16 x 10 x 6 centimetres." 


Geodex has compiled previous information for the West Gore Project in
preparation for the next phase of exploration. Geodex management is proposing a
trenching program for the next phase although a time frame for this work has not
been determined. Geodex also plans more detailed study and sampling of the waste
rock piles near the Main Vein - Fissure.


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


The CEO and President of Geodex, Christopher Ecclestone, added "This is a highly
promising start to our new strategy of positioning Geodex as a major producer of
antimony utilising proven, low-cost technologies thereby providing early cash
flow. This is but the first of several proposed acquisitions of past-producing
Antimony mines, with several properties in Europe and Australia currently under
consideration. 


About Geodex

Geodex is a mineral resource company focused on critical metal projects and
particularly in the Maritime Provinces of Canada. 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 Projects.


ON BEHALF OF THE BOARD OF DIRECTORS

GEODEX MINERALS LTD.

Christopher Ecclestone, President & CEO

Tel: [phone]

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
www.geodexminerals.com