Gitennes readies drills at Tucumachay

Gitennes Exploration‘s (GIT-T) drills are revving after the latest batch of sample results from the Tucumachay property, 160 km east of Lima in Peru.

Results from 2-metre-by-5-metre panel samples are as follows:

• 12 metres grading 3.6 grams gold and 44.7 grams silver per tonne;
• 20 metres of 5.7 grams gold and 26.3 grams silver per tonne; and
• 20 metres at 0.7 gram gold and 21.6 grams silver.

The samples were collected southeast and along strike from previous sampling that yielded up to 25 metres running 7.9 grams gold and 30.9 grams silver. Gitennes says the results extend the Encantada target by 100 metres to the south.

Chip sampling on isolated jasperoid outcrops some 1 km along strike to the northwest yielded up to 6 metres of 1.7 grams gold and 14.8 grams silver. A single panel sample averaged 1.1 grams gold and 9.6 grams silver over 15 metres.

Induced polarization surveying over a previously sampled area has defined a 900-metre-long chargeability anomaly. Panel samples run up to 13.3 grams gold and 36 grams silver over 25 metres. The area also contains rust-coloured soil, gossan, jasperoid outcrop and anomalous gold-in-soil anomalies.

Gitennes is currently focussed on the Cliff-Sinkhole-Leonardo target area, with mapping, rock sampling and geophysics ongoing.

Drilling will begin in August.

The Tucumachay project is held under option from Inmet Mining (IMN-T).

Meanwhile, Meridian Gold (MNG-T) has dropped out of the Urumalqui joint venture in north-central Peru. Gitennes now regains a 100% interest. The prospect centres on a broadly outlined low-sulphidation epithermal silver-gold mineralized vein system.