Gitennes fires blanks at Bear

Scout drilling at the Bear property, north of Thunder Bay, Ont., has come up dry for Vancouver-based Gitennes Exploration (GIT-T).

The junior sank three holes into a coincident electromagnetic and magnetic anomaly. The holes were spaced 100 metres apart to cover a third of the anomaly’s length.

All of the holes cut a 20-to-30-metre-thick iron formation characterized by units mineralized in disseminated-to-semi-massive pyrite and pyrrhotite. None of the holes carried any significant gold or base metal values, though Gitennes has not ruled out the possiblity of drilling the untested portion of the sequence.

The Bear property is one of two in the region that Gitennes optioned from a local prospector earlier this year. The other, known as Badger and similarly devoid of outcroppings, includes anomalous lake sediments carrying up to 0.07 gram palladium per tonne, plus elevated values of platinum, gold, chromium, nickel and copper.

The anomalous lake sits on the northwestern flank of a 2,500-metre-wide circular magnetic anomaly which lies at the intersection of two regional structures. Surface exploration in the vicinity continues.

Gitennes can earn 100% interests in the properties for nominal cash payments, share issuances and exploration expenditures. It has three years to fulfil its commitments.

Gitennes also is exploring the Fox base metals property in southwestern British Columbia using surface techniques. A 2001 drill program returned one notable hole, F0-02, which carried 16.5% zinc, 1.18% copper, 87.4 grams silver and 0.04 gram gold per tonne over 0.7 metre, starting roughly 50 metres down.