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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

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Post by jknf113on Apr 17, 2009 9:35am
344 Views
Post# 15925957

NEWS!!!!! GREAT NEWS!!!!!!!!!!!!

NEWS!!!!! GREAT NEWS!!!!!!!!!!!!
Gitennes provides update on Urumalqui Project, Peru
GITENNES EXPLORATION INC GIT
4/17/2009 8:30:00 AM
VANCOUVER, Apr 17, 2009 (Canada NewsWire via COMTEX News Network) --

Gitennes Exploration Inc. (TSX-GIT) is pleased to update shareholders on the result of mineral processing tests from the Urumalqui gold - silver project in Peru.

A 50 kilogram sample was collected in December 2008 from the vein on underground level 28, and sent to C.H. Plenge & Compania S.A. in Lima for gravity, flotation and cyanide test work. Results are encouraging:

<<
1) The head grade of the sample was 4.45 g/t gold and 9.45 oz/ton
silver, with a sulphur content of 0.19%.
2) Using a Falcon SB40 concentrator and a crush to -65 mesh, a
gravimetric concentrate grading 91 oz/ton silver and 63.6 g/t gold
was obtained, for recoveries of 16% of the silver and 20% of the
gold.
3) The left-over material ("tails") from the gravity test represented
98.5% of the original weight, and had a head grade of 7.57 oz/ton
silver (84%) and 3.35 g/t gold (80%). This material was crushed to -
200 mesh and then subjected to both flotation and cyanide-leach
tests.
4) Floating the tails recovered 49% of the remaining silver and 39% of
the gold to produce a concentrate that graded 131 oz/ton silver and
45.8 g/t gold.
5) Leaching the tails with cyanide achieved 65% recovery of the
remaining silver and 93% of the gold.
>>

    

Plenge suggests that the preferred process, based on this sample, is to treat the Urumalqui Vein mineralization with a gravimetric circuit followed by treating the tails with cyanide.

<< - Target recoveries of 70% of the silver and 94.5% of the gold might be achieved by a simple combination of gravity separation followed by cyanide treatment of the tails. >>

This series of tests differs from those previously reported (December 11, 2008) which were based upon conventional flotation followed by cyanide leaching of a concentrate. The earlier tests were done using quarter-core samples obtained by drilling.

Gold and silver mineralization at Urumalqui is hosted within a simple quartz vein surrounded by a much lower grade but broad envelope of disseminated mineralization. Most of the silver is contained in the mineral argentite, the remainder with gold in electrum. Pyrite is also present.

The sample tested should not be considered to be representative of the entire deposit as it was collected underground from a single, abandoned working face. Also the assay value of 325 g/t (9.49 oz/Ton) silver and 4.45 g/t gold across 2 metres is relatively high for this portion of the vein, and much higher than the values of a surface outcrop 28 metres above (54.6 g/t silver and 860 ppb gold).

Nevertheless these gravity-cyanide tests are very encouraging and point the direction for future investigations. More tests will be required to determine the ultimate method for recovering gold and silver at Urumalqui. The technical information in this release has been reviewed by J. Blackwell (P.Geo.), a Qualified Person as defined by National Instrument 43-101. On March 31, 2009 Gitennes filed a technical report on the Urumalqui Project, which may be found on SEDAR. For further information please contact:

<< Jerry Blackwell, President The Toronto Stock Exchange has neither approved nor disapproved the information herein. >>

SOURCE: Gitennes Exploration Inc.

Suite 2390 - 1055, West Hastings Street, Box 60, Vancouver, B.C., V6E 2E9, Tel: (604) 682-7970, Fax: (604) 608-9014, email: info@gitennes.com, website: www.gitennes.com

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