St George Minerals Limited

[Franko10 ™]

St George Minerals Limited
Address : 357 Bay Street, Toronto, ON M5H 2T7
Telephone : [phone]
Category : Mining Companies
Directory : Toronto Central - East


GEOINFORMATICS EXPLORATIONS LIMITED

NOVEMBER 24, 2003 - 14:27 ET

Goldcorp Makes Strategic Investment in Geoinformatics
Explorations

OAKVILLE, ONTARIO--Geoinformatics Explorations Limited
("Geoinformatics") wishes to announce that Goldcorp Inc.
("Goldcorp") has made a strategic investment in Geoinformatics

The strategic investment consisted of a private placement of
1,000,000 common shares of Geoinformatics at a price of $1.00 per share for a total amount of $1 million. On the basis of this
investment Goldcorp holds 8.3% of the issued shares of
Geoinformatics.

After the Goldcorp investment Geoinformatics has a total of 12
million common shares and 1 million stock options outstanding.
The shareholders of Geoinformatics are St Andrew (41.7%), Fractal Holdings Pty Ltd (41.7%), St George Minerals Limited (8.3%) and Goldcorp (8.3%).

Geoinformatics Exploration Limited is a technology and science
based exploration company which utilizes the leading edge
"Geoinformatics Technology Platform" and "Geoinformatics Process" to provide innovative solutions for the definition of exploration targets and the implementation of exploration strategies.

To find out more about Geoinformatics Explorations Limited visit
our website at: www.geoinformex.com

Geoinformatics Exploration Inc.

Mailing Address: 330 Bay Street, Suite 1109
Toronto, Ontario
M5H 2S8
Head Office Address: 330 Bay Street, Suite 1109
Toronto, Ontario
M5H 2S8

Contact Name: Petra Decher
Short Form Prospectus Issuer: Yes
Business e-mail address:
Reporting Jurisdictions: British Columbia, Alberta, Yukon
Telephone Number: 416 861-1300
Stock Exchange: TSX Venture
Fax Number: 416 861-1999
Stock Symbol: GXL
Date of Formation: Mar 21 1980
Auditor: Ernst & Young
Governing Jurisdiction: Yukon
General Partner: None
Industry Classification: other
Transfer Agent: Computershare Trust Company of Canada
CUSIP Number: 37250
Size of Issuer (Assets): $5,000,001 to $25,000,000


Geoinformatics Exploration Inc is a global resources company which has developed a unique and innovative approach to resources exploration. The Company's team of geoscientists and technical experts have created a scientific and technology platform (the "Geoinformatics Process") which integrates data aggregation, data mining and three-dimensional modeling to identify and prioritize exploration drill targets. The Geoinformatics Process has been designed to assist in understanding and quantifying risk at a much earlier stage of the exploration cycle than has traditionally been available. The Company's objective has been to bring a faster, less expensive and more reliable analytical methodology to resources exploration.

The company has targeted terranes around the world that contain world class mineral deposits in countries of low sovereign risk, and where Geoinformatics believes there is significant potential for additional world class deposits.

Geoinformatics Exploration Inc has offices in Vancouver, Toronto, Perth, Orange (NSW) and Hermosillo (Mexico), with projects and partnerships in seven countries. The corporate office is in Toronto. Geoinformatics Exploration Inc has been listed on the Toronto Stock Exchange since February, 2005 (TSX-V: GXL).

[Franko10 ™]

5/27/2002:: St Andrew Goldfield reaches agreement with Fractal Graphics to form Geoinformatics Exploration Ltd. - a technology based exploration company

OAKVILLE, CANADA, May 27, 2002 (CCNMatthews via COMTEX) --
St Andrew Goldfields Ltd. (T-SAS) ('St Andrew') wishes to announce that it has reached an agreement with Fractal Graphics Pty Ltd. ('Fractal Graphics') of Perth, Western Australia to form a new company to be known as Geoinformatics Exploration Limited ('Geoinformatics')

Pursuant to a Term Sheet signed on Friday, April 20, 2002, Geocrust Pty Ltd. and Foundation Capital, the principal shareholders of Fractal Graphics Pty Ltd. will contribute the Fractal Graphics company, which will consist of the geoscience business unit comprising the geological consulting team and infrastructure, databases, technology and software license agreements with Fractal Technologies, in return for approximately 45.4% of the issued shares of Geoinformatics. St Andrew will subscribe for a private placement of $3.5 million resulting in St Andrew acquiring 45.4% of Geoinformatics. St George Minerals Ltd., a private Ontario company, will contribute various databases to Geoinformatics in return for approximately 9.2% of Geoinformatics. Silverbridge Capital Inc, a private investment company controlled by Glenn Laing, President and CEO of St Andrew owns 50% of St George Minerals Ltd.
Fractal Graphics and St Andrew are of the view that there is a fundamental step change taking place in the mining and exploration industry. Geoinformatics will be an integrated 'geoinformatics technology platform'that will form the basis of a new approach to geological exploration based on the application of innovative state of the art technology and data enhancing methodologies to produce integrated information solutions for the mining and exploration industry. These solutions, used in conjunction with the technical expertise and experience of the Fractal Graphics geoscience team, will be used to develop exploration targets and exploration strategies. Geoinformatics believes that this 'best of class'approach has the potential to generate high level mining targets and an enhanced knowledge base for exploration both for its own and third party exploitation.

Glenn Laing will be appointed Co-Chief Executive Officer, President and a director of Geoinformatics at the Company's corporate office to be located in Oakville, Ontario. Dr. Archibald will be appointed Co-Chief Executive, Chief Operating Officer, Chief Scientist and a director, to be located at the Company's technical and operating offices in Perth, Western Australia where he will be responsible for Geoinformatics'technical operations and development.

St Andrew considers that entering into a long-term relationship and commitment with Fractal Graphics to form Geoinformatics will provide St Andrew with an important tool of its corporate strategy. Going forward Geoinformatics will place St Andrew on the leading edge of geological exploration and mining project development.

Fractal Graphics has an international reputation for technological innovation in the mining and exploration industry including winning the Goldcorp Challenge, undertaken by Goldcorp Inc. in March 2001. As a technology-based exploration company with a fundamentally new and lateral approach, Geoinformatics will provide Fractal Graphics with a corporate structure, relationships, market presence, and the vehicle to raise financing to develop the venture.