Disclaimer<br />This 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.<br />
Tungsten Price<br />Tungsten APT* European free market $ per mtu<br />Source: Metal Bulletin<br />*APT = Ammonium Paratungstate<br /> 1mtu =10kg<br />
TUNGSTEN Primary USES<br />A Unique Metal<br /><ul><li>Hardest of all metals
Chip Technology</li></ul>Tungsten & the Environment<br /><ul><li>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</li></ul>Medical Industry <br /><ul><li>Micro Machining Brain Implant Needle Arrays</li></ul>Directional <br />Drilling<br />Chip Technology<br />
Annual World Tungsten Production<br />Source: ITIA - 2009<br />
World Mine Production<br />World Production 2008<br />tonnes of tungsten<br />
World Tungsten Reserves<br />Source: ITIA - 2009<br />3 million tonnes, W content<br />
CHINA FACTORS<br /><ul><li>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.</li></li></ul><li>CHINA FACTORS CON’T<br /><ul><li>1991 - Tungsten listed as one of the ‘Protective Resources”
2001 - Policy of Qualified Tungsten Exporter and Export Supplies
2009 - Export reduced to 5%</li></ul>Source: China Minmetals Nonferrous Metals Co., Ltd - 2009<br />
World’s 10 Largest Tungsten Deposits<br />*Includes only Measured & Indicated Resources. Additional Inferred Resource of 43,000t W<br /> (Sisson Brook excludes molybdenum values) <br />Source: US Geological Survey and updated by ITIA and Geodex in 2009<br />
Share Structure <br />September 2009<br />SHARES OUTSTANDING 87.7 million shares<br />FULLY DILUTED 101.1 million<br />CASH ON HAND $0.7 million <br /> 52 Week High-Low: $0.10 - $1.37<br />
New Brunswick, Canada<br />Sisson Brook <br /><ul><li>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</li></li></ul><li>SISSON BROOK MINE DEVELOPMENT PLAN<br />Right ingredients for developing low-cost mine<br /><ul><li>Infrastructure on or near project includes:
2009 RESOURCE MODEL<br />Sisson Brook January 2009 43-101 Resource Calculation Zone III & Ellipse<br />* At 0.125% WO3 equivalent cutoff grade, based on %WO3 + (%Mo x 2.02)<br /> M & I = Measured & Indicated <br />
Scoping Study May 2009¹<br />¹ 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. <br />Jack M. Marr, M. Sc. P. Geo., is the QP, responsible for the Sisson Brook project.<br />
Scoping Study May 2009<br />* 1 mtu = 10kg<br />¹Conversion used: $1CDN = $0.85 US<br />
London Global Mining Investment Conference<br />Mark Fields<br />President & CEO<br />Geodex Minerals<br />Mark 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. <br />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.<br />Stationers Hall, London<br />Wednesday 30th September 2009<br />www.ObjectiveCapitalConferences.com<br />