Vancouver, British Columbia / TheNewswire / September 21, 2017 - Gitennes Exploration Inc. ("Gitennes" or the "Company") has completed geological mapping and rock sampling on the Snowbird High Grade Gold Project, located in north central BC. The project is accessible year round via paved and dirt roads and sits at a relatively low elevation with moderate relief (not exceeding 190 meters) allowing access to all parts of the property and enabling cost effective diamond drilling programmes at all time of the year. Subsequent to the first phase of exploration, a detailed high- resolution ground magnetometer survey is currently being expanded and a targeted soil geochemistry programme is being carried out over areas where gold-rich veins are projected to outcrop in the North Zone based on historical drilling.
The reconnaissance mapping and rock sampling programme was implemented to better define the controls on gold mineralization within the system. Grab sampling was carried out across all rock types in the Main and East Zones with the intent of identifying the host for gold mineralization. The programme was designed not to bias results by attempting to only replicate ultra-high grade gold from specific areas, specifically, the Main Vein or the Pegleg Vein where historically reported diamond drill results include:
- 20.02 g/t gold over 2.4 metres, 11.08g/t gold over 3.0 metres and 24.50 g/t gold over 1.0 metre*.
* Readers are cautioned that a "qualified person" (as defined by National Instrument 43-101) has not yet completed sufficient work to be able to verify the historical information, and therefore the information should not be relied upon.
The results of the sampling campaign confirmed that gold within the Main Zone is associated with stibnite (Sb2S3). The high gold-stibnite samples were taken from quartz veins in the northwest and central parts of the Main Zone. Five of seven samples running over 1.0 g/t gold had a strong association between gold and antimony. Antimony values within these samples exceeded the upper threshold detection limits at the analytical laboratory (10,000 ppm). Approximately 20% of the samples taken reported grades exceeding 0.1 g/t gold and greater than five percent of the samples had grades over 1.0 g/t gold with the highest assaying 4.0 g/t gold.
The Company was successful in gaining access to the Main Vein decline (see picture below) but given the condition of the workings only seven metres was investigated but no sampling was carried out due to the condition of the workings. Historical sampling from the walls of the Main Vein returned:
- Approximately 40 metres (dip length) with a weighted average grade of 11.73 g/t gold*.
* Readers are cautioned that a "qualified person" (as defined by National Instrument 43-101) has not yet completed sufficient work to be able to verify the historical information, and therefore the information should not be relied upon.
Detailed mapping at the Main Zone indicates that structural controls have played an important role in the distribution of gold. It illustrates why previous operators may not have intersected the vein in some drill holes while drilling in the same orientation and possibly assuming greater continuity of the mineralization. Gitennes' understanding of the structure provides an opportunity to intersect high grade gold mineralization in addition to what has been drilled in the past. While the Main Zone remains important to Gitennes, the North Zone may potentially show greater consistency in the strike and dip of the gold vein system. An expansion of the high resolution ground magnetometer survey and a targeted soil sampling programme over the North Zone will be used to augment the information required to focus the next phase of exploration in this area. Results from this phase of exploration will be released as the data becomes available.
Figure 1. Main Vein, seven metres from the decline entrance.
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 D. Fraser (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.
