[Marinir] {Disarmed} Inmet (TSX: $42) to Drill GeoNovus (10 Cents) Red Hills Copper Property

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Thu Jun 21 18:00:14 CEST 2012


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http://www.geonovusminerals.com/ 

GeoNovus Begins Drilling Program at Its Red Hills Porphyry Copper 
Project, Arizona 

GeoNovus Minerals Corp. (TSX-V: GNM 

http://www.stockwatch.com/Quote/Detail.aspx?action=go&symbol=GNM&region=C&lookup=symbol&snapshot=default 

) is pleased to announce the start of its drilling program at the Red 
Hills porphyry copper property in south central Arizona. The drilling 
will test for the presence of a fault-displaced portion of the Red Hills 
porphyry system under sedimentary cover in the western part of the 
property position. 

Drilling on the western part of the property was initially conducted in 
2008. At that time, the RC drill hole RH-2 intersected what are believed 
to be Tertiary sedimentary rocks near the bottom of the hole containing 
clasts with intense porphyry-related alteration and local copper 
mineralization. Drill hole RH-2 was terminated at 622 m due to excess 
water. The upcoming program will re-enter RH-2 and continue the drill 
hole with core to intersect underlying bedrock and target rocks. 

In 2011, drilling on the eastern part of the property followed by a 
second induced polarization ("IP") geophysical survey by Zonge 
International, Inc, indicated that alteration and mineralization 
observed was likely structurally-controlled and peripheral to the main 
part of the porphyry system, further indicating the main part of the 
system lay to the west toward RH-2. 

The technical contents of this release were approved by Dr. Tom E. 
McCandless, P. Geo., Technical Advisor to Geo Minerals and qualified 
person as defined by National Instrument 43-101. 

GeoNovus has an option agreement with Inmet Mining Corp. (TSX: INM) to 
explore the Red Hills porphyry copper project, with GeoNovus holding its 
interest under a mining lease agreement with Eurasian Minerals Inc. (TSX 
VENTURE:EMX) through its wholly-owned subsidiary Bronco Creek 
Exploration Inc. Eurasian Minerals has acted as manager for the work 
programs at Red Hills. 

Eurasian Minerals Inc. (TSX VENTURE: EMX) (NYSE MKT: EMXX) is a global 
gold and copper exploration company utilizing a partnership business 
model to explore the world's most promising and underexplored mineral 
belts. EMX currently has project interests in ten countries on four 
continents, and generates wealth via grassroots prospect generation, 
strategic acquisition, and royalty growth. 

Inmet Mining Corporation (TSX: IMN) is a Canadian-based global mining 
company that produces copper, and zinc, with operations in Turkey, 
Finland, and Spain. 

ON BEHALF OF THE BOARD 

Michael England, President 

Forward-Looking Statement: 

Some of the statements in this news release contain forward-looking 
information that involves inherent risk and uncertainty affecting the 
business of GeoNovus Minerals Inc. Actual results may differ materially 
from those currently anticipated in such statements. 

Neither 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. 

Contact Information 

GeoNovus Minerals Corp. 

Michael England 

President 

1-604-683-3995 or Toll Free: 1-888-945-4770 

1-604-683-3988 (FAX) 

http://www.geonovusminerals.com 

http://www.geonovusminerals.com 

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