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Gitennes Exploration Inc.
Summary
| Project: | Snowbird | |
|---|---|---|
| Deposit: | Snowbird | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 12/12/2019 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 12-12-2019: Gitennes Exploration Inc. announces an Exploration/Drilling Update report for its Snowbird deposit at the Snowbird project. Drilling results incl. 1.17m @ 9.73g/t Au from 40.95m. Vancouver, B.C., - December 12, 2019 - Gitennes Exploration Inc. | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Justin Rensby (Internal) | |
| ABSTRACT: | Vancouver, B.C., - December 12, 2019 - Gitennes Exploration Inc. ("Gitennes" or the "Company") - (TSXV – GIT) announces that it has received results from is recently completed 2,000 metre Phase III diamond drilling on its Snowbird High Grade Gold Project located near Fort St. James, British Columbia. The Company continues to intersect high grade gold and with the drilling of the deepest hole yet on the Project Gitennes has extended gold mineralization approximately 100 metres vertically below any previous gold intersections. The high grade gold intersected in drill holes SB19-06 and SB19-07 is associated with bands of locally massive antimony. The intersections were in proximity to the historic “Main Vein” adit. Generally, there is a strong correlation between gold grades and arsenic with many of the samples assaying approximately 0.1% arsenic. In the 400 metre deep SB19-10 drill hole the Company intersected 1.53 g/t gold and 0.17% arsenic over 0.92 metres at a depth of 239 metres indicating the potential for high grade gold mineralization deeper in the structure. Importantly, the hole did not cross the ultramafic-mudstone contact at a vertical depth of 350 metres. This indicates that the potential for continued quartz-vein hosted gold mineralization is maintained as quartz veining is consistently in close proximity to the footwall contact of the ultramafic and hanging wall of the mudstone units. While high grade gold was not intersected in all holes, seven of ten holes intersected gold grades in excess of 1.0 g/t. | |
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