Gitennes Update on Diamond Drilling and Discovery of New Showing at New Mosher Gold Property, Chapais-Chibougamau area, Quebec

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[{"type":"text","content":"Gitennes Update on Diamond Drilling and Discovery of New Showing at New Mosher Gold Property, Chapais-Chibougamau area, Quebec\n \n \n (TheNewswire)\n \n \n \n \n \n \n \n \n \n \n \n Vancouver, B.C. -\n \n \n TheNewswire\n \n \n - May 11, 2021: Gitennes\nExploration Inc.\n \n \n (\"Gitennes\" or the\n\"Company\") –\n \n \n (TSXV:GIT) provides an\nupdate on the first phase of diamond drilling on its New Mosher Gold\nProperty and the discovery of a new, mineralized showing.\n \n \n The Company has completed ten holes for approximately\n1,700 metres (Figure 1).  Through prospecting\n \n \n ,\n \n \n the Company has discovered a new zone\nof mineralization on the Property that coincides with a strong IP\nchargeability anomaly in the northeastern portion of the Property.\n \n \n The new showing may be related to a large,\nangular boulder that was discovered on the property in 1958 that was\nreported to contain visible gold.\n \n \n The first\nphase of drilling is planned for a minimum of 2,500 metres and is\ntargeting areas of\n \n \n I\n \n \n nduced\n \n \n P\n \n \n olarization\n \n \n ,\n \n \n (“IP”) high chargeability\n \n \n anomalies that are associated with historic gold\nvalues\n \n \n in diamond drilling and will now include\ndrill holes to test mineralization of the new showing (Figure 1 and\n4)\n \n \n .\n \n \n \n \n \n \n \n \n Click Image To View Full Size\n \n \n \n \n Figure 1:  IP Chargeability high (shown in pink) with\nassociated features\n \n \n .\n \n \n \n \n Highlights of Current\nDrilling:\n \n \n \n \n \n \n - All holes in both areas successfully\nintersect\n \n \n ed\n \n \n altered and\nmineralized zones\n \n \n with quartz-carbonate\nveining\n \n \n .\n \n \n \n \n - Five holes have been drilled on the New Mosher gold\nzone and along Anomaly A;\n \n \n \n \n \n \n - Holes showed extensive quartz-carbonate veining,\nlocally sericit\n \n \n ic\n \n \n ,\n \n \n and several\n \n \n metres\n \n \n wide\n \n \n in a deformation\ncorridor (Figure 2)\n \n \n \n \n - Sulphide mineralization includes pyrite, pyrrhotite\nwith local chalcopyrite and arsenopyrite.\n \n \n \n \n \n \n - Five holes drilled along Anomaly B\n \n \n which has been associated\n \n \n with\nhistorical gold\n \n \n intersections in diamond drill\nholes\n \n \n ;\n \n \n \n \n \n \n - Holes have intersected qu...

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