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Gitennes exploration - progress report
Gitennes exploration - progress report.
About this update from Rev Exploration Corp.
[{"type":"text","content":"\n\n\n\n\nVANCOUVER, Nov. 2 /CNW/ - Gitennes Exploration Inc. (TSX-GIT) is pleased\nto announce that it has acquired a 1,600-hectare copper property in the\ndepartment of Arequipa, southern Peru, approximately 510 kilometres southeast\nof Lima. The TotoRoko Property was staked based upon its gross geological\nsimilarities to the IOCG-type (Iron-Oxide-Copper-Gold) deposits found in\nnorthern Chile. There is no evidence of prior work on the property, however\nthere is considerable competitor activity in the region, exploring for similar\ndeposits.\nSeveral copper showings hosted in upper Jurassic-age volcanic rocks were\ndiscovered by company geologists during regional reconnaissance. This volcanic\nsequence, the Guaneros Formation, is similar to the La Negra Formation in\nChile that hosts deposits such as Phelps Dodge¿s Candelaria and Anglo\nAmerican¿s Mantoverde deposits.\nSurface mineralization at TotoRoko is oxidized, with secondary copper\nminerals such as chalcocite and malachite being observed in outcrop. Rock\ntextures indicate that the original sulphide minerals occurred as\ndisseminations or along fractures in silicified and metasomatized volcanic\ntuffs and volcanically-derived sediments. In addition to copper, associated\nsilver may be significant. Grab and panel samples taken from outcrops within a\n300 x 150 metre area of mineralized garnet-epidote skarn assay 2.06% Cu and\n28 g/t Ag, 4.1% Cu and 65.8 g/t Ag, and 2.9% Cu and 33 g/t Ag.\nStream-sediment surveys have identified a second area two to three\nkilometres further west with anomalous copper values (greater than 100 ppm).\nMineralized copper-bearing float has been noted within the anomaly area.\nWork at TotoRoko is under the supervision of Alvaro Fernandez-Baca\n(P.Geo). Analytical services are provided for by ALS Chemex Laboratories in\nLima, Peru.\nThe TotoRoko Property is in part road accessible, three hours by truck\neast of the Pan American Highway, and at elevations of less than 3,500 metres.\nThe Company plans to continue exploration at TotoRoko over the coming months,\nthrough a programme of reconnaissance mapping, prospecting and sampling.\n\nTucumachay Project\n\nGitennes anticipates drilling to resume at its Tucumachay Property within\nthe first half of November. This will be the third drill programme at\nTucumachay, following upon earlier success a...