Nov. 17th, 2005 Tucumachay Trench resultsHere is the Press Release, the numbers are excellent, we should not partner with anyone. I believe that this could be a world class discovery. We also have Uramalqui, that is going to be a silver/gold mine, very soon, and Totoroku that has very exciting targets to drill.
MORE RESULTS WILL BE POSTED LATER TODAY AND TOMORROW
ANYONE SELLING AT THESE LEVLES IS CRAZY!!!!!!!
READ THE FOLLOWING, MORE TO COME!!!!
GITENNES – MORE TUCUMACHAY RESULTS, DRILLING TO RE-START
Vancouver, November 17, 2005: Gitennes Exploration Inc. (TSX-GIT) is pleased to provide an updateof its on-going exploration at the Tucumachay Project in central Peru. Recent activity included trenching
through deep overburden and weathered rock, the aim of which was to test the location and nature of
certain geological contacts and structural relationships prior to the resumption of drilling. Preliminary
results indicate gold mineralization is present in several of these trenches:
Trench----------------------------Target--------------------------Sample length (metres)-----------Gold (g/t)
T24239------------------Cerro Oeste-------------------------------------20.0-------------------------------------3.02
Incl.------------------------------------------------------------------------------6.0--------------------------------------6.34
T26119----------------- Cerro Oeste------------------------------------- 8.0------------------------------------- 2.56
T29189---------------------- Greg----------------------------------------- 14.0------------------------------------- 1.96
T28401--------------------- Encantada----------------------------------- 6.0-------------------------------------- 5.01
T27882--------------------- Leonardo Norte----------------------------- 8.0------------------------------------- 1.46
These results add to the developing exploration model at Tucumachay where three differing styles and
sites of gold mineralization occur:
1) Cerro Oeste – Greg, where a four to five metre-thick mudstone sits between overlying sandstone andunderlying limestone. The mudstone has been both surface-sampled and trenched intermittently through
a 700-metre strike length and is anomalously mineralized with gold throughout. In the vicinity of T24239,
T26119 and T29189 the mudstone and underlying limestone is cut by near-vertical zones of
carbonaceous breccia that is strongly mineralized (i.e. 6.0 m grading 6.34 g/t gold) that is enveloped by
softer, slightly lower grade sheared mudstone and limestone breccias. Of four earlier holes (T05- 8 to 11),
half stopped short of testing the steep mineralized structure, and core recovery was very poor in the other
two.
2) Encantada, where mineralized silicified limestone (jasperoid) occurs as manto-like bodies alongbedding contacts and as thinner veins in joints and fractures. The trenched interval is adjacent to the
mineralized interval in hole T05-1 (5.95 m grading 3.03 g/t). The mineralized manto was traced over a
distance of 20 metres and is up to 6 metres thick. The same manto is thought to be offset beneath the
trench, then is re-encountered 25 metres below surface by hole T05-5 (5.0 metres grading 2.71 g/t gold),
and is open to depth and laterally.
3) La Nariz, where a large flat-lying, near-surface zone of mineralization is targeted across the axis of abroad fold. Trench T27882 exposed the western edge of the zone intersected in hole T05-16 (47.8 metres
grading 0.98 g/t gold) and T05-12 (18 metres grading 1.21 g/t gold). This zone of variably silicified
limestone collapse and fault breccias has been intersected in drilling up to 450 metres east of the trench,
and is found in outcrop at several locations along the eastern edge of the fold.
Since the start of exploration at Tucumachay in mid-2004, crews have collected over 1,830 rock samples
(of which 1,700 are chip channel samples over an aggregate distance of over eight kilometres) as well as
1050 soil samples, 367 MMI samples, and completed 1,984 metres of core drilling in 19 holes. Based on
the results to date, it appears that the La Nariz area offers the best potential for proving-up a large
tonnage, near-surface zone, followed by the Cerro Oeste – Greg and Encantada.
The 2005 drill programme will resume in early December and continue into January 2006.