London Global Mining Investment Conference16.25 TungstenMark FieldsPresident & CEOGeodex MineralsStationers Hall, LondonWednesday 30th September 2009www.ObjectiveCapitalConferences.com

TUNGSTENThe Commodity Super Cycle

DisclaimerThis presentation by Geodex Minerals Ltd. (the “Company”) contains forward-looking statements, including, in particular, statements about the Company’s plans, strategies and prospects. These statements have been based on the Company’s current assumptions, expectations and projections about future events. Although the Company believes that the expectations reflected in these forward-looking statements are reasonable, the Company can give no assurance that these expectations will prove to be correct or that results anticipated in the forward-looking statements will be achieved. These forward-looking statements include risks and uncertainties. These risks and uncertainties include, among other things, market conditions, industry uncertainty and other factors.

Tungsten PriceTungsten APT* European free market $ per mtuSource: Metal Bulletin*APT = Ammonium Paratungstate 1mtu =10kg

TUNGSTEN Primary USESA Unique MetalHardest of all metalsHighest Melting PointLowest Expansion CoefficientHigh Thermal and Electrical ConductivitySource: ITIA - 2009

Hardest of all metals

Highest Melting Point

Lowest Expansion Coefficient

High Thermal and Electrical Conductivity

Cemented CarbidesMining and ConstructionTooling – Turning, Milling, DrillingWoodcuttingHard & Resistant: Wear Parts

Cemented Carbides con’tSource: ITIA - 2009

Steels/AlloysHeat Resisting Steel and Cast SteelSea Water ResistantTool Steels Stainless Steel & Valve SteelsHigh Speed Steel

Steels/AlloysWear ProtectionDiamond ToolsTungsten Alloys

MILL PRODUCTSIncandescent LampsFluorescent Lamps & TubesHigh Intensity discharge LampsLamps & Tungsten Wires

MILL PRODUCTSChipsHigh Performance SwitchesLCD’sElectrodes

Other applicationsChemical ProductsSports & Leisure TimeBiologyJewellery

Research and DevelopmentNew TechnologiesDeep DrillingFossil Power GenerationThermonuclear EnergyChip TechnologyTungsten & the EnvironmentCatalyst to clean exhaust fumes or products from toxic compoundsSaves fossil fuels through energy saving devicesAs a substitute for toxic lead and chromiumMedical Industry Micro Machining Brain Implant Needle ArraysDirectional DrillingChip Technology

Deep Drilling

Fossil Power Generation

Thermonuclear Energy

Chip Technology

Catalyst to clean exhaust fumes or products from toxic compounds

Saves fossil fuels through energy saving devices

As a substitute for toxic lead and chromium

Micro Machining Brain Implant Needle Arrays

Annual World Tungsten ProductionSource: ITIA - 2009

World Mine ProductionWorld Production 2008tonnes of tungsten

World Tungsten ReservesSource: ITIA - 20093 million tonnes, W content

CHINA FACTORSChina has dominated tungsten markets for the past 20 years, and currently supplies over 75% of world’s tungsten.China has recently shifted from an exporter to a net importer with an increasing focus on producing downstream tungsten products.China now prohibits tungsten exploration by foreign companies.Tungsten prices have increased as China’s expansion and infrastructure build-out surpassed tungsten mine capacity.Geodex has opportunity to position itself as a key supplier in world tungsten industry.

China has dominated tungsten markets for the past 20 years, and currently supplies over 75% of world’s tungsten.

China has recently shifted from an exporter to a net importer with an increasing focus on producing downstream tungsten products.

China now prohibits tungsten exploration by foreign companies.

Tungsten prices have increased as China’s expansion and infrastructure build-out surpassed tungsten mine capacity.

Geodex has opportunity to position itself as a key supplier in world tungsten industry.

CHINA FACTORS CON’T1991 - Tungsten listed as one of the ‘Protective Resources” 2001 - Policy of Qualified Tungsten Exporter and Export Supplies2005 - Export rebate reduced from 13% to 8%2006 - Export rebate further reduced and cancelled 2007 - Export duty introduced at 5%2008 - Export duty increased to 10%2009 - Export reduced to 5%Source: China Minmetals Nonferrous Metals Co., Ltd - 2009

1991 - Tungsten listed as one of the ‘Protective Resources”

2001 - Policy of Qualified Tungsten Exporter and Export Supplies

2005 - Export rebate reduced from 13% to 8%

2006 - Export rebate further reduced and cancelled

2007 - Export duty introduced at 5%

2008 - Export duty increased to 10%

2009 - Export reduced to 5%

World’s 10 Largest Tungsten Deposits*Includes only Measured & Indicated Resources. Additional Inferred Resource of 43,000t W (Sisson Brook excludes molybdenum values) Source: US Geological Survey and updated by ITIA and Geodex in 2009

Geodex Minerals TSX.V: GXMFrankfurt: G2W

Share Structure September 2009SHARES OUTSTANDING 87.7 million sharesFULLY DILUTED 101.1 millionCASH ON HAND $0.7 million 52 Week High-Low: $0.10 - $1.37

New Brunswick, CanadaSisson Brook Located within one hour drive of Fredericton, provincial capital of New Brunswick Stable, mining - friendly jurisdiction with excellent labour workforceGeodex owns 70% directly and 16% indirectly, no royalties

Located within one hour drive of Fredericton, provincial capital of New Brunswick

Stable, mining - friendly jurisdiction with excellent labour workforce

Geodex owns 70% directly and 16% indirectly, no royalties

SISSON BROOK MINE DEVELOPMENT PLANRight ingredients for developing low-cost mineInfrastructure on or near project includes: hydro line provincial highway railway deep water port Previously logged area with extensive road network Geotechnical, environmental and community studies continue to progressBird Brook Tailings AreaProcess PlantPotential Open Pit Mine producing 20,000 tonnes per dayPower Line1000 m

Infrastructure on or near project includes:

hydro line

provincial highway

railway

deep water port

Previously logged area with

Geotechnical, environmental and community studies continue to progress

SISSON BROOK DEPOSITTungsten - MolybdenumZone IZone II46,500m of drilling carried out since 2005Jan 2009, new resource calculation completedFeb 2009 preliminary economic assessment completedInitiating pre-feasibility studyZone IIICore ZoneEast FlankEllipse Zone500 m

46,500m of drilling carried

Jan 2009, new resource calculation completed

Feb 2009 preliminary economic assessment completed

Initiating pre-feasibility study

SISSON BROOK LEVEL PLAN - ZONE III 275 m ELEVATIONCross – Section 5136700Core ZoneWEEllipse Zone300 m

SISSON BROOK CROSS - SECTION 5136700200 m

2009 RESOURCE MODELSisson Brook January 2009 43-101 Resource Calculation Zone III & Ellipse* At 0.125% WO3 equivalent cutoff grade, based on %WO3 + (%Mo x 2.02) M & I = Measured & Indicated

Scoping Study May 2009¹¹ This assessment is preliminary in nature and it includes inferred mineral resources that are considered too speculative geologically to have the economic considerations applied to them that would enable them to be categorized as mineral reserves. There is no certainty that the preliminary assessment will be realized. The mineral resources discussed here are not mineral reserves and do not have demonstrated economic viability. Jack M. Marr, M. Sc. P. Geo., is the QP, responsible for the Sisson Brook project.

Scoping Study May 2009* 1 mtu = 10kg¹Conversion used: $1CDN = $0.85 US

Scoping Study May 2009

Proposed Prefeasibility ProgramPurposeIdentify and outline the potential commercial development scenario Provide the basis for future work programs including feasibility report Mine Design EngineeringMetallurgical TestingProcess Facilities DesignGeneral Engineering and Infrastructure DesignEnvironmental MonitoringWaste Management DesignFinancial Modeling and Analysis

Identify and outline the potential commercial development scenario

Provide the basis for future work programs including feasibility report

Mine Design Engineering

Metallurgical Testing

Process Facilities Design

General Engineering and Infrastructure Design

Environmental Monitoring

Waste Management Design

Financial Modeling and Analysis

Geodex Minerals TSX.V: GXMFrankfurt: G2W

London Global Mining Investment ConferenceMark FieldsPresident & CEOGeodex MineralsMark Fields joined Geodex Minerals as President and CEO in May 2009. Mr Fields holds a B.Sc. in Geology from the University of British Columbia and a B. Comm. (Honours) from Queen’s University. Mr Fields was a member of the management team which participated in the sale of La Teko Resources Ltd to Kinross Gold Corporation and he was involved in the acquisition and development of the Diavik diamond mine for the Rio Tinto Group. As Executive Vice President of Pine Valley Mining Corporation, he was a key member of the executive team which brought the Willow Creek coal mine into commercial production. He is an independent director of three companies listed on the TSX Venture Exchange.Stationers Hall, LondonWednesday 30th September 2009www.ObjectiveCapitalConferences.com