Geodex Plans South Dungarvon Tin and Pabineau Molybdenum Programs

Geodex Minerals Ltd. (TSX VENTURE:GXM) (FRANKFURT:G2W), (the "Company" or
"Geodex")is pleased to announce that it has completed the data compilation and
exploration program plans for the South Dungarvon Tin and Pabineau Molybdenum
Projects in New Brunswick. The work programs will refine the known targets in
preparation for drill programs. 


South Dungarvon Tin Project 

Geodex undertook a first phase drill program at South Dungarvon, located 80 km
north of Fredericton, in June this year. The drill holes tested a zone of tin
soil anomalies and a reported major fault in the eastern region of the Late
Devonian Dungarvon Granite. Two of the drill holes intersected near-surface tin
mineralization, establishing a new tin occurrence in the eastern part of the
property (see Geodex news release August 1, 2013). Importantly these two drill
holes also successfully intersected a major structure within the Dungarvon
Granite which Geodex believes is a key regional control for the tin
mineralization. The property is covered by a blanket of glacial till,
approximately 5 metres thick and masking the underlying bedrock. The drill
program was the first program to test the character of the bedrock in this area
of the property.


Having identified the structure and examined its geological characteristics in
drill holes SD-13-01 and SD-13-03, Geodex will conduct a VLF survey to map the
extensions and orientation of the structure that appears to control the
mineralization. Geodex also plans to undertake further soil sampling and
prospecting to fully define the tin soil anomalies. 


Previous work by Geodex and other parties has discovered multiple tin mineral
occurrences within the South Dungarvon property occurring within and along the
contact of the Dungarvon Granite. The tin mineralization intersected in the
drill holes completed earlier this year was mainly in quartz (+/- chlorite,
fluorite, carbonate) veins cutting the Dungarvon Granite and as local
disseminations and clusters in the granite. The results included 1.32 metres
grading 0.239% tin, 5.50 metres of 0.062% tin and 0.60 metres grading 0.372% tin
(not true widths). The tin soil anomalies and reported structure continue east
and west of SD-13-01 and SD-13-03. Limited previous prospecting by Geodex
resulted in the discovery of tin bearing rubble near a previous trench in the
western region of the property with one sample returning 21,300 ppm tin. 


Definition of the structure and soil anomalies east and west of SD-13-01 and
SD-13-03 will be the target of the proposed work program and it is expected that
the results will provide targets for further drilling.


Pabineau Molybdenum Project 

The Pabineau project is a molybdenum target located approximately 10 km
southwest of Bathurst, New Brunswick. (see Geodex news release August 13, 2013)
Geodex has completed its data compilation and program planning after acquiring
this project earlier this year. The Pabineau Molybdenum Project work program
will refine the known targets in preparation for a drill program. 


The Pabineau project is in an area of extensive glacial till cover. Previous
work has identified a number of boulders containing molybdenite. Assays from
various boulders included 0.254% Mo, 0.244% Mo and 0.149% Mo. Molybdenum soil
and stream sediment anomalies have been reported in multiple locations within
the property. Historic packsack drilling in the northern part of the property
intersected near-surface molybdenum mineralization with reported intersections
including 1.68% MoS2 over 0.8 metres and 0.32% MoS2 over 1.5 metres. 


Geodex plans on using an Induced Polarization ("IP") geophysical survey,
prospecting, soil sampling and trenching in order to further define the
previously defined anomalous areas


David Martin, P. Geol., Geodex's Vice President New Brunswick Operations
commented "Geodex has previously used similar combinations of exploration tools
on other New Brunswick projects to define attractive drill targets and
subsequently discovered significant mineralization. Geodex will integrate
glacial ice direction data, local geology, and data from prospecting, soil
sampling and geophysical surveys to identify drill hole locations at the South
Dungarvon and Pabineau Projects"


Mark Fields, President and CEO commented "Geodex has remained active during this
period of historically low junior company share prices and very restricted
financing opportunities. These fall programs, in addition to our plans at the
Benjamin Copper-Molybdenum Project, are intended to position Geodex for multiple
drill programs which could lead to a drill discovery."


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 base and 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. 


Neither the TSX Venture Exchange nor its Regulation Services Provider (as that
term is defined in the policies of the TSX Venture Exchange) accepts
responsibility for the adequacy or accuracy of this release.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Geodex Minerals Ltd.
Investor Relations
[phone] or Toll Free: 1-888-999-3500
www.geodexminerals.com