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Gitennes Exploration Inc V.GIT

Alternate Symbol(s):  GILXF

Gitennes Exploration Inc. is a gold exploration company. The Company is in the business of exploring for and advancing mineral properties with a focus on high grade or large tonnage gold deposits. The Company has five gold properties in Quebec, JMW, New Mosher, Maxwell, VG Boulder and Serpenphior, the Snowbird gold property in British Columbia. It has an option to earn up to an 85% interest in the New Mosher Gold Property which is 670 hectares and is located approximately four kilometers (km) from the past producing Joe Mann Gold Mine. The Maxwell Property is 6,640 hectares and it is located approximately 14 kilometers south of Chapais and 18 kilometers northeast of the Company’s JMW property. It owns 100% of the 2,150-hectare JMW Property, which is located approximately 30 km south of Chapais Quebec. The Snowbird High Grade Gold Project consists of eight mineral claims, comprising 3,018 hectares, located approximately 20 km west of Fort St. James, in central British Columbia.


TSXV:GIT - Post by User

Bullboard Posts
Post by jknf113on Mar 13, 2008 6:45am
149 Views
Post# 14651046

Nov. 17th, 2005 Tucumachay Trench results

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 update

of 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 and

underlying 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 along

bedding 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 a

broad 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.

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