Geologix Engages Financial Advisor

Geologix Explorations Inc. (the "Company") (TSX
VENTURE:GIX)(FRANKFURT:GF6)(BERLIN:GF6)(STUTTGART:GF6)(MUNICH:GF6) is pleased to
announce the appointment of Cynthia Thomas, Conseil Advisory Services Inc., as
the Company's Financial Advisor. Ms. Thomas has been engaged to advise the
Company with respect to its option to purchase the San Agustin property from
Silver Standard Resources Inc. Ms. Thomas will explore a wide range of
alternatives for funding the exercise price which may or may not include equity.


Ms. Thomas provides independent financial advisory services and has extensive
experience in the natural resource industry, a career spanning more than 25
years.


Ms. Thomas' recent engagements include providing strategic advice to a major
international mining company financing a multi-billion dollar base metal
project, monetizing a silver by-product for a U.S. base metal producer, advising
on the financing of a gold development project in Central America and financing
the development of a copper project in Canada.


Ms. Thomas is also currently on the Board of Directors and Chair of the Audit
Committee for Victory Nickel Corporation.


Prior to starting Conseil Advisory Services Inc. in 2000, Ms. Thomas was
Director, Mining Group, Investment Banking, Scotia McLeod Inc. from 1997-1999
and was with Scotiabank Corporate Banking from 1987-1996.


Geologix Explorations Inc. is a mineral exploration company focused on
acquiring, exploring and developing gold properties in North and South America.
The Company has a wealth of experience in the mining industry taking early stage
exploration prospects to final feasibility and ultimately to production.