GXL Galileo Exploration Ltd

Geoinformatics Exploration Inc. (TSX VENTURE:GXL) ("Geoinformatics" or the
"Company") announced today that George R. Ireland has advised the Company that
he is resigning as a director effective December 31, 2007, due to growing time
commitments in his other principal business activities.


Mr. Ireland joined the Geoinformatics board of directors in November 2005 and
has provided invaluable advice and support through a period in which
Geoinformatics has undergone a remarkable transformation to become a focused
North American minerals exploration company with a growing portfolio of
significant projects.


The board and management of Geoinformatics expressed its thanks to Mr. Ireland
for his past service and counsel to the Company.


About Geoinformatics

Geoinformatics is a global exploration company which has developed a unique and
innovative approach to minerals exploration. Geoinformatics is developing the
Whistler Project in Alaska which consists of the Whistler and Main Zones, which
have been interpreted from extensive drilling as a large gold-copper porphyry
system, and a significant number of regional exploration targets. In addition,
the Company is actively exploring several advanced projects located in British
Columbia, Utah, the Battle Mountain Trend region of Nevada, and the State of
Sinaloa, Mexico. Fourteen Company-owned properties in the State of Sonora,
Mexico, fall under a joint venture in which Azure Minerals Limited (ASX:AZS) is
earning a 51% interest by spending US$4 million. Geoinformatics also has an
extensive portfolio of other direct and indirect property interests, joint
ventures, and royalties covering a wide range of minerals in Mexico, Australia
and New Zealand and North America.


This news release includes certain forward-looking statements concerning the
future performance of our business, its operations and its financial performance
and condition, as well as management's objectives, strategies, beliefs and
intentions. Forward-looking statements are frequently identified by such words
as "may", "will", "plan", "expect", "anticipate", "estimate", "intend" and
similar words referring to future events and results. Forward-looking statements
are based on the current opinions and expectations of management. All
forward-looking information is inherently uncertain and subject to a variety of
assumptions, risks and uncertainties, including the speculative nature of
mineral exploration and development, fluctuating commodity prices, competitive
risks and the availability of financing, as described in more detail in our
current Annual Information Form and other recent securities filings available at
www.sedar.com. Actual events or results may differ materially from those
projected in the forward looking-statements and we caution against placing undue
reliance thereon. We assume no obligation to revise or update these
forward-looking statements.

Galileo Exploration (TSXV:GXL)
Historical Stock Chart
From Jun 2024 to Jul 2024

Galileo Exploration (TSXV:GXL)
Historical Stock Chart
From Jul 2023 to Jul 2024