VanEck Vectors Global Alternative Energy ETF

Published : November 13th, 2007

UPDATE ON TOTOROKO DRILLING

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Keywords :   Copper | Gold | Iron | K Street | Peru | Silver |

 

GITENNES EXPLORATION - UPDATE ON TOTOROKO DRILLING

Vancouver, November 13, 2007: Gitennes Exploration Inc. (TSX-GIT) is pleased to advise that drilling is getting underway at the TotoRoko Property.  This drill programme, the first on the property, will comprise up to 1,500 metres of core drilling and is expected to be completed by the middle of December.

TotoRoko is a new copper prospect situated in southern Peru.  Copper mineralization at TotoRoko is hosted within massive Jurassic-aged tuffs that have been extensively altered by later hydrothermal activity. Copper minerals occurs as disseminated and fracture-controlled zones of mineralization, often associated with zones of strongly developed replacement feldspar with lesser amounts of magnetite, epidote and garnet. A 4,500 metre � long target area is recognized, however initial drilling will be centred on a 1,300 metre long area at Cerro TotoRoko that is distinguished by abundant mineralization, strong alteration and a well defined induced polarization geophysical anomaly. Here secondary copper minerals, formed during weathering, include chrysocola, malachite and azurite that appear to have formed from the primary copper sulphide minerals bornite and chalcopyrite.  The southeastern edge of the geophysical anomaly is marked by a sharp break that closely matches the north-striking Canta�a target, a cross-cutting, 1,000 metre-long zone of brecciation, fracturing, and clay alteration. This 2.0 to 10.0 metre-wide target contains silver and gold-bearing zones of secondary iron oxide minerals and variably silicified breccia. Chip sample results (previously released) range from 177 to 1,230 g/t silver and up to 1.7 g/t gold across sample widths of two to three metres. Several drill holes are planned to test this zone.

On-going mapping, rock-chip sampling and prospecting continues to both expand and fill-in the zones of copper mineralization at TotoRoko. A new but related area of mineralization has been found along an altered and mineralized structure that extends at least 500 metres southeast of Cerro TotoRoko.  Rock chip samples recently taken from this new zone yielded 2.0 metres of 0.78% Cu and 34 g/t Ag and 2.6 metres of 0.64% Cu.

TotoRoko is a 5,000-hectare property located in the dry coastal mountains of southwest Peru. The property is accessible by truck, and is located in a sparsely settled area at an elevation of 3,400 metres. Principal economic activities in the region are mining and farming.

Work at TotoRoko is supervised by J. Foster (P.Geo) and A. Fernandez-Baca (P.Geo). Analytical services are provided by ALS Chemex in Lima, Peru. The technical information in this release has been reviewed by J. Blackwell (P.Geo), a Qualified Person as defined by National Instrument 43-101.

For further information visit our recently re-designed website at www.gitennes.com, or contact:

Jerry Blackwell, President

 

The Toronto Stock Exchange has neither approved nor disapproved the information herein.

 

Gitennes Exploration Inc.

Suite 2390 � 1055 West Hastings Street, Box 60, Vancouver, B.C.  V6E 2E9  Tel: 604-682-7970  Fax: 604-608-9014

email: info@gitennes.com   website: www.gitennes.com

 
Data and Statistics for these countries : Peru | All
Gold and Silver Prices for these countries : Peru | All

VanEck Vectors Global Alternative Energy ETF

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CODE : GIT.TO
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Gitennes Expl. is a silver exploration company based in Canada.

Gitennes Expl. holds various exploration projects in Canada and in Peru.

Its main exploration properties are TUCUMACHAY, URUMALQUI and TOTOROKO in Peru and RED and BEAR in Canada.

Gitennes Expl. is listed in Canada. Its market capitalisation is 2.6 millions as of today (US$ 2.4 millions, € 1.6 millions).

Its stock quote reached its highest recent level on December 31, 1998 at 3.50, and its lowest recent point on April 09, 2009 at 0.03.

Gitennes Expl. has 47 442 200 shares outstanding.

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Financings of VanEck Vectors Global Alternative Energy ETF
4/20/2010private placement update
8/26/2009Completes Private Placement
7/28/2009Amends Terms of Private Placement
Project news of VanEck Vectors Global Alternative Energy ETF
2/23/2011(Urumalqui)[Gitennes Exploration Inc.] 2011-02-22
2/1/2010(Urumalqui)Option Urumalqui Project
5/13/2009(Tucumachay)to Acquire 100% Ownership of Peruvian Gold Project
12/11/2008(Urumalqui)Reports on Progress at the Urumalqui Silver-Gold Project
4/18/2008(Urumalqui)REPORTS THAT URUMALQUI DRILLING HIGHLIGHTS GOLD AND SILVER G...
4/1/2008(Totoroko)NEW RESULTS POINT TO ADDITIONAL DRILLING
3/4/2008(Urumalqui)INTERSECTS URUMALQUI SILVER - GOLD VEIN AT DEPTH
1/30/2008(Totoroko) REPORTS COPPER AT TOTOROKO, STARTS DRILLING AT URUMALQUI
11/13/2007(Totoroko)UPDATE ON TOTOROKO DRILLING
7/30/2007(Totoroko)TotoRoko copper-silver-gold project - update
4/16/2007(Totoroko)Update on Peru Copper-Silver Project
Corporate news of VanEck Vectors Global Alternative Energy ETF
9/1/2011.
7/7/2010acquires Quebec Property, provides update on Peru Operations
3/19/2010Equity Financing
8/17/2009Listing Update
6/15/2009announces equity financing
12/18/2008TSX Listing Review
6/24/2008Stakes Iron Property in Peru
9/19/2007Gitennes reports on TotoRoko geophysics and results
5/15/2007Peru exploration and royalty update
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