VANCOUVER, BRITISH COLUMBIA--(Marketwire - Dec. 14, 2010) - GEO MINERALS LTD. (TSX VENTURE:GM)(FRANKFURT:8G3) ("Geo" or the "Company") is pleased to report on progress on its 100 per cent owned West Blackwater property located approximately 150 kilometers south of Vanderhoof, B.C. Highlights of the program include multiple gold-in-soil anomalies, with a peak gold value of 0.35 grams per tonne (357 ppb - parts per billion) received in the south - central portion of the property. The Company's West Blackwater property is located immediately west of Richfield Ventures Corp.'s Blackwater property, were Richfield is currently delineating a bulk-tonnage gold deposit.
The Company completed a Phase 1 exploration program this past fall comprising geological mapping, prospecting, gridding and soil sampling. Soil sampling was completed on grid lines at a 100 metre spacing, with sample intervals every 50 metres. Four soil samples returned greater than 20 ppb gold, and an additional four samples returned 10-19 ppb gold. These samples are considered to be significantly anomalous when compared to other geochemical surveys in the region that are available on the B.C. government assessment files. Assessment file number 29363, on the Dave claim, now owned by Richfield Ventures Corp., reports peak value of 220 ppb gold from a 2007 soil sampling survey, and indicated "four zones of anomalously high gold values (greater than 20 ppb) were identified".
The four highest anomalies (greater than 20 ppb gold) on the West Blackwater property are widely spaced, with three on the steep side slopes of an unnamed hill with an elevation of 1620 m. Although outcrop exposure is limited, this area is interpreted to be underlain by rhyolite breccia (pyroclastic) and tuff units. The fourth anomaly returned 89 ppb gold and is located in a swampy area in the south-central part of the property, with no rock exposures.
"Geo Minerals is proposing to complete additional prospecting, geophysics and further detailed geochemical surveys on the West Blackwater property as early as possible in 2011," states Michael England, chief executive officer and president of the Company. "The objectives of the proposed surface exploration programs will be to better define drill target related to theses encouraging geochemical anomalies."
Field activities were completed by UTM Exploration Services of Smithers, B.C., under the direction of Robert Weicker, PGeo, whom has been working in the region since 2001. Mr. Weicker is the qualified person as defined by NI 43-101 and has supervised the preparation of the technical information in this release.
Geo Minerals is a junior exploration company actively seeking mineral opportunities in North America for the benefit of all its stakeholders. For further information we invite you to visit us at www.geominerals.ca.
ON BEHALF OF THE BOARD
Michael England, PresidentNeither 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.