VANCOUVER, Jan. 6 /CNW/ - Gitennes Exploration Inc. (TSX-GIT) has
received a preliminary update from Buffalo Gold Ltd. on drill results from
Buffalo's late season drill program on the Red Property in northern British
Columbia. The Red Property is a copper-gold porphyry prospect within the
northwest trending Quesnel terrain of the Intermontane Belt of northern
British Columbia, Canada, approximately forty kilometres south of Northgate's
Kemess Mine. Buffalo's drill program consisted of four drill holes totalling
626 metres. Three separate targets were tested during the program.
Drill hole R05-01 (042az/-55dip) was collared to test a coincident I.P.
chargeability anomaly and Cu in soil geochemical anomaly approximately 150
metres west of drill hole R04-14. The hole was targeted to test the possible
northwestern extension of the mineralized zone intersected in hole R04-14
(36.5 metres 0.26% copper and 0.12 g/t Au). Intervals of interest included:
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Hole From To Interval(x) (metres) Cu (%) Au (ppb)
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R05-01 5.6 21.6 16.0 0.20 98
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86.6 145.7 59.1 0.14 79
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166.8 177.8 11.0 0.13 50
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(x)There is insufficient information to determine whether intervals
represent true widths
Drill hole R05-02 (042az/-55dip) was collared to test a NW trending gold
and copper MMI anomaly which lies immediately south of and sub parallel to the
main trend of copper-gold mineralization in the Main Target Area. Hole R05-02
returned low grade intervals.
Drill holes R05-03 (230az/-55dip) and R05-04 (042az/-45dip) were collared
to test the SW-trending contact zone between an ultramafic intrusive unit to
the southwest and a dioritic intrusive and Takla volcanic rocks to the
northeast. Both holes were collared from the same site in the ultramafic unit,
immediately south of the contact zone. Hole R05-03 was drilled to the
southwest into the ultramafic unit and hole R05-04 was drilled to the
northeast, through the contact zone and into the dioritic intrusives and Takla
volcanic rocks. The contact zone was intersected at 23.8 metres in hole R05-04
and consisted of a 10-metre wide interval of mylonitic schist, followed by a
sequence of altered, mineralized and variably porphyritic dioritic and
andesitic rocks, terminating at 143.26 metres, still in copper mineralization.
R05-04 intersected the following significant intervals.
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Hole From To Interval(x) (metres) Cu (%) Au (ppb)
-------------------------------------------------------------------------
R05-04 33.5 56.0 22.5 0.11 24
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65.0 112.9 47.9 0.16 45
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115.8 124.8 9.0 0.53 266
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128.2 143.26 (eoh) 15.0 0.17 60
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(x)There is insufficient information to determine whether intervals
represent true widths
The narrow un-mineralized intervals between the reported mineralized
intervals are dykes of barren, post-mineral porphyry.
Gitennes is pleased by the results of Buffalo's program at the Red. Hole
R05-04 not only expands the size of the zone of copper-gold mineralization at
Red, it is significantly higher grade than most previous drill intercepts and
suggests that further exploration is warranted.
The 2005 drill program at the Red Property was completed under the
supervision of Dean Besserer P. Geo. of Apex Geoscience Ltd. All drill core
was split on site and a split half of the entire drill core was shipped to TSL
Laboratories of Saskatoon, Saskatchewan for analyses. Check analyses were
performed on 5% of the core by ALS Chemex in Vancouver. Both TSL Laboratories
and ALS Chemex perform repeat and standard analyses as part of their in house
QA/QC program. The technical content presented in this release was reviewed by
Jerry Blackwell, P. Geo., a qualified person as defined in National Instrument
43-101.
Buffalo has been granted an option to acquire a 60% interest in the Red
Property. The Red Property is presently held under option by Gitennes
Exploration Inc. which can acquire a 100% interest in the Red Property,
subject to a 1.5% net smelter return royalty.
A map showing the location of the 2005 drill holes is available at
www.gitennes.com
The Toronto Stock Exchange has neither approved nor disapproved the
information herein.
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