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Drilling Indicates broad zones of anomalous gold and alteration
Anomalous gold values Intersected in all seven holes
Visible gold near the top of Hole NM-22-04 may indicate gold mineralization may be related to a large, regional fault running through lake west of the New Mosher gold showing
Results are listed below:
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Table 1: Gold Results from Phase 2 Drilling
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Figure 1 – Phase 2 (2022) drill hole locations in relation to Phase 1 (2021) Drilling.
Anomalous gold values were intersected in broad zones of silica, chlorite and sericite alteration. Traces of arsenopyrite were also noted. Hole NM-22-01 indicates the New Mosher gold zone is still open to the east. From 21.5 m to 37.9 m,0.33 g/t Au over 16.4mwas detected in a zone of strong alteration. This section included0.51 g/t Au over 7.8 m and 1.47 g/t over 1.05 m(true width is approximately 70% of the intersection).
Hole NM-22-04 was collared approximately 50 m from the New Mosher Showing and coarse visible gold was observed 19 m downhole and is located at the contact of a quartz vein within mafic volcanics. The visible gold section was not sent to the lab so as not to skew analyses; however, the sample will be submitted for metallic sieve analysis in order to determine the size fraction where the gold resides.
It is significant that the visible gold was intersected close to the lake. It has been noted on regional maps that the lake covers a large northwest trending fault zone that may be the source of the gold mineralization on the New Mosher Property. (See Figure 3). A parallel fault runs through the
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Figure 2: Visible gold in NM-22-04 in dry core (Left) and in wet core (Right).
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Figure 3: Government mapped, northwest trending fault running through New Mosher Property. Similar faults are noted tonoted to be in the vicinity ofsignificant gold mineralization such as the
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Figure 4 –New Mosher Property and Gitennes other properties in
The New Mosher Property is located 4.5 kilometres from the past producing
(1) Readers are cautioned that the Company has no interest in or right to acquire any interest in the Joe Mann mine and that mineral deposits and production results from the Joe Mann mine are not indicative of mineral deposits on the Company's properties or any potential exploitation thereof. Source: Technical Report on the Joe Mann Mining Property dated
About
Gitennes is in the business of exploring for and advancing mineral properties with a focus on high grade gold. The Company currently has three properties in the
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The scientific and technical information contained in this news release has been reviewed and approved by
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“Ken Booth”
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