Apr. 5, 2011 (Canada NewsWire Group) --
VANCOUVER, April 5 /CNW/ - Gitennes Exploration Inc. (TSXV: GIT) is pleased to advise that core drilling has begun at the Company's Urumalqui gold and silver project in Peru. The 3,000-metre programme is being done by AndeanGold Ltd. (TSXV: AAU) as part of an initial step to it earning a joint venture interest in Urumalqui.
Drilling will focus on infill drilling to a depth of 200 meters along the central and south eastern segments of the Urumalqui Vein, which cover one-kilometre of the 1,500-metre long outcropping Urumalqui Vein where the majority of Gitennes' three previous drilling programs occurred. Previous drilling by Gitennes encountered strong mineralization in all holes, but more drill holes are required to make the density high enough to prove-up high grade shoots within the zone. Highlights of Gitennes previous drilling in this area include:
|
Drill Hole Number |
From…To…. (metres) |
True Width of Vein |
Au g/t | Ag g/t |
| URU03-05 | 65.85-69.05 | 2.45 | 2.29 | 189.8 |
| URU03-06 | 85.30-88.40 | 2.37 | 1.40 | 334.0 |
| URU03-07 | 156.05-162.65 | 4.06 | 2.29 | 196.1 |
| URU03-08 | 147.30-151.85 | 2.48 | 0.31 | 284.0 |
| URU03-09 | 133.80-147.00 | 8.48 | 2.01 | 211.6 |
| URU03-13 | 116.00-119.70 | 2.83 | 0.83 | 237.6 |
| URU03-14 | 97.80-101.60 | 1.60 | 0.88 | 360.7 |
| URU03-15 | 160.00-174.0 | 8.03 | 1.09 | 134.0 |
| URU03-16 | 99.80-101.80 | 1.41 | 1.17 | 296.5 |
| URU04-20 | 207.20-212.10 | 3.14 | 0.67 | 68.5 |
| URU04-29 | 124.40-127.00 | 2.20 | 2.04 | 149.2 |
| URU04-30 | 173.30-174.90 | 1.03 | 1.18 | 135.0 |
| URU04-32 | 128.5-132.4 | 2.30 | 2.84 | 194.7 |
| URU04-33 | 197.95-204.8 | 3.42 | 1.31 | 293.3 |
| URU08-36 | 60.15-62.15 | 1.53 | 3.05 | 493.0 |
| URU08-37 | 170.0-180.0 | 6.46 | 0.48 | 108.9 |
| URU08-38 | 88.20-90.95 | 2.11 | 2.02 | 84.9 |
| URU08-39 | 254.50-257.90 | 2.60 | 1.18 | 104.1 |
| URU08-40 | 181.0-193.0 | 8.85 | 0.49 | 141.0 |
|
URU08-41 and |
219.30-225.50 236.00-239.30 |
3.29 1.75 |
-- 1.38 |
103.61 44.82 |
| URU08-42 | 156.05-162.50 | 4.40 | 2.48 | 157.18 |
| URU08-43 | 147.90-152.55 | 2.56 | 0.74 | 128.03 |
| URU08-44 | 239.00-242.60 | 2.98 | 0.46 | 83.81 |
|
URU08-45 and |
211.90-222.80 217.40-219.20 |
8.59 1.42 |
1.91 7.55 |
191.72 386.89 |
| URU08-47 | 139.50-142.30 | 1.98 | 0.97 | 162.86 |
Gitennes believes there to be important potential at Urumalqui beyond the limits of the current programme. Examples include the north-western segment of the vein which has only eight shallow holes scattered along 600 metres of outcropping mineralized vein as well as the numerous other mineralized structures that occur throughout the 2,700 hectare property
Gitennes granted an option to AndeanGold (see Gitennes News Release dated February 1, 2010) whereby its Peruvian affiliate, PeruGold Resources may earn a 60% interest by spending $3,000,000 over a four-year period, completing 3,000 metres of drilling by the end of the second year and 7,000 metres of cumulative drilling by the end of the third year.
A technical report on the Project, dated March 30, 2009 is available under the Company's disclosure filings at www.sedar.com. Information about Urumalqui and Gitennes' other projects may be found by visiting www.gitennes.com.
The technical information in this release has been reviewed by J. Blackwell (P.Geo.), a Qualified Person as defined by National Instrument 43-101.
Neither the 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.
Jerry Blackwell, President