VANCOUVER, July 7, 2011 /CNW/ - Gitennes Exploration Inc. (TSXV: GIT) has been advised by AndeanGold Ltd. (TSXV: AAU) of assay results for nine more drill holes from its drilling programme on the Urumalqui Vein target at our Urumalqui Silver-Gold project located in Peru.

Silver equivalent is calculated on a silver to gold ratio of 50:1 assuming 100% metal recovery, expressed in grams/tonne and troy ounces/metric tonne.

The latest holes were drilled along strike over an approximate 200 metre interval to the west of the eleven drill holes announced earlier this year (news releases dated May 13 and 24, 2011 and June 7, 2011). Based upon Gitennes' previous reconnaissance drilling, current results demonstrate excellent continuity of the mineralized structure along 800 metres of the 1,000 metre segment targeted in AndeanGold's current programme. The zone remains open to expansion along strike and to depth. An updated Longitudinal Section of the Urumalqui Vein, showing all drill intersections is available on the Gitennes' website).

AndeanGold expanded its original programme and now reports that it has completed 31 core holes totalling 5,071 metres. Results for the first 20 holes of the drill holes have been received and reported by both Companies.

Quality Assurance / Quality Control:

AndeanGold has a detailed QA/QC program in place consistent with best industry practices. The program includes chain of custody of samples; standards and blanks submitted to the independent Inspectorate Lab in Lima Peru with each batch of samples, and a check assay program on a proportion of sample pulps with a second independent laboratory. AndeanGold advises that the results to date of the QA/QC program have been satisfactory.

Background:

In February 2010 Gitennes signed an option agreement with AndeanGold whereby the Company granted it the right to earn a 60% interest in the Urumalqui project. In order to earn its interest AndeanGold must spend $3,000,000 in qualifying exploration expenditures on the project over a four-year term, which shall include a minimum of 3,000 metres of drilling by the end of the second year and 7,000 metres of cumulative drilling by the end of the third year. AndeanGold must also issue 80,000 shares to the Company in four tranches of 20,000 shares each. Gitennes may elect to receive cash in lieu of shares, with the amount not to exceed $25,000, $50,000 and $100,000 with respect to the first, second and third year anniversary date payments, respectively. If the market value of the shares on the respective payment dates exceeds the maximum cash payment amount on such date, the difference will be paid in equivalent shares.

Update on other Gitennes Projects

Gitennes recently completed its first pass of reconnaissance prospecting and mapping at the Blue Ice Option near Sept Iles, Quebec.  Based upon the work done during the past twelve months the Company has decided not to renew its option on the property and will focus on its Silver King copper-gold and Cross gold properties in Nevada plus the Keg and Riddle properties in British Columbia.

The technical information in this release has been reviewed by J. Blackwell (P.Geo.), a Qualified Person as defined by National Instrument 43-101.

Information about all of Gitennes' projects may be found by visiting www.gitennes.com.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

DISCLAIMER: This news release includes certain statements, other than historical information, that may be deemed "forward-looking statements". All statements in this release, other than statements of historical facts, including, without limitation, statements regarding future plans and objectives of the companies are forward-looking statements that involve various risks and uncertainties. Although Gitennes believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in the forward-looking statements. Forward-looking statements are based on a number of material factors and assumptions. Factors that could cause actual results to differ materially from those in forward-looking statements include general economic, market or business conditions, and other risks detailed herein and from time to time in the filings made by the companies with securities regulators. Mineral exploration and development of mines is an inherently risky business. Accordingly the actual events may differ materially from those projected in the forward-looking statements. Historical information necessarily is not current and is provided for your reference only. No warranty whatsoever is made that any of the historical information is accurate, precise, or up-to-date. For more information on Gitennes and the risks and challenges of their businesses, investors should review their annual filings that are available at www.sedar.com.

This press release does not constitute an offer to sell or a solicitation to buy any of the securities of Gitennes in the United States.