Gitennes drilling update

VANCOUVER, Aug. 23 /CNW/ - Gitennes Exploration Inc. (TSX-GIT) is pleased
to advise that core drilling has begun at the Company's Tucumachay Project.
Tucumachay is a road-accessible, 3,200-hectare gold exploration property
located in the Andes Mountains of central Peru, between the cities of Lima and
Huancayo.
The Tucumachay Project covers a large area of carbonate-hosted gold and
gold/silver targets occurring in black chert (jasperoid) and breccia.
Mineralized jasperoid occurs as bedding-parallel replacement and vein-like
bodies along favourable rock contacts and fault structures. Minerals
associated with gold-bearing jasperoid include orpiment, realgar and lesser
amounts of graphite, pyrite and barite. The current drilling follows-up on
some of the strong surface-sampling results obtained during this year's
exploration programmes (visit www.gitennes.com for previous news releases,
technical information, maps and photographs).
The rig is currently drilling at the south end of the Encantada target,
where the first-pass programme foresees 6 to 8 holes being completed. The
drill will then test targets one to three kilometres south, in the Nariz
portion of the Saturno anticline. The Company will provide updates of results
from the drill programme on a timely basis, pending receipt of analytical
results and confirmation that they are representative. Work at Tucumachay is
under the supervision of James Foster (P.Geo.) and Alvaro Fernandez-Baca
(P.Geo.).
The Tucumachay Project is held under option from Inmet Mining
Corporation. Under the terms of the agreement, Gitennes must incur US$ 600,000
exploration expenditures before December 31, 2005 and US$ 1.6 million by
December 31, 2008 to earn a 100% interest. Inmet has the option to
subsequently earn-back a 60% interest by spending three times Gitennes' total
project-related expenses, a decision that will be triggered upon Gitennes
completing 12,000 metres of drilling.
The technical information contained in this release has been reviewed by
Jerry Blackwell (P.Geo.) a Qualified Person as defined in National Instrument
43-101.

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                       the information herein.