Vancouver, British Columbia / TheNewswire / August 24, 2017 - Gitennes Exploration Inc. ("Gitennes" or the "Company) progresses the exploration on its Snowbird high grade gold Project, located in north central BC. The Company continued mapping areas that host and have the potential to host high grade gold mineralization and carried out the first phase of a ground magnetometer survey ("MAG") as well as soil sampling. All rock and soil samples have been submitted for assaying.
In the Main Zone, known to host high grade gold mineralization identified through five diamond drill programmes in the 1980's, mapping has recognized a system comprising stacked quartz and quartz-carbonate veins. This observation increases the potential for additional sources of high grade gold mineralization. The Company has collected 111 rock samples which have been submitted for analysis. Further review of historic diamond drill core data indicated several intersections of gold occurs in graphitic argillites proximal to intensely carbonatized and silicified ultramafics, also referred to as listwanite which is common in several orogenic high grade gold deposits. This provides an exploration tool that can be used to trace additional mineralization adjacent to the Main Zone or elsewhere on the Snowbird Property.
The preliminary MAG survey consisted of approximately 11 line kilometres and is following up on a 1994 airborne magnetometer survey. The survey is providing better definition than the airborne survey and has highlighted north-south structures that cross the main mineralized structure and offer a target for future drilling as much of the historical drilling was done parallel to these cross structures. The MAG has also confirmed a magnetic low coincident with the MAZ; most likely a result of the reaction of carbonate rich mineralizing fluids invading serpentinized ultramafics leading to destruction of magnetite. This feature is common in other Cordilleran lode gold deposits such as the Atlin gold camp in northern British Columbia.
Soil sampling was conducted along approximately two line kilometres and 75 samples were collected south of the Main Zone. The soil sampling and the MAG are being used to assist in prioritizing magnetic lows identified through the historical airborne magnetometer survey.
The next phase of the exploration at Snowbird will consist of a more detailed and extensive MAG survey over approximately 23 line kilometres beginning in late August and detailed structural mapping of the Main Zone.
About Gitennes Exploration Inc.
Gitennes is in the business of exploring for and advancing mineral deposits. The Company currently has two gold exploration properties, Hixon and Snowbird, both in British Columbia and a 1% Net Smelter Returns royalty on the 18 million ounce Urumalqui Silver Project in Peru.
Qualified Person
The scientific and technical information contained in this news release has been reviewed and approved by L. Mireku, MSc (P.Geo.), technical advisor to the Company, who is a "qualified person" within the meaning of National Instrument 43-101.
For further information on the Company, readers are referred to the Company's website at www.gitennes.com and its Canadian regulatory filings on SEDAR at www.sedar.com.
