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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
Comment by holdemhion Jun 04, 2005 11:17pm
85 Views
Post# 9118443

RE: gold

RE: goldWelcome to the board, rocker1956. To answer your questions, 1.The pictures show black jasperoid zones that contain high grade gold. (We all like high grade). 2.The tucumachy concessions contain carlin trend style geology. The carlin trend in Nevada is one of the most prolific gold producing areas in the world. Carlin trend geology is known to exist in Nevada, China, and Peru, but gold has only been found in the Nevada setting - until now. The surface samples show promise of a HUGE deposit or deposits containing both large bulk tonnage low grade gold as well as areas containing high grade gold. After the drill results are known the price will increase exponentially from these levels, so the time to buy is before drilling. 3.Peru has the biggest gold mine in the world, which is also one of the lowest cost producers in the world. The govt. is stable to the best of my knowlege, and it is dependent on mining to a large degree for its revenues. The tucumachy property is in a sparsely populated high elevation desert. Mike, it is good to be careful. I suggest you review the latest news releases on the GIT website, and check out the video presentation.
Bullboard Posts