Extorre Gold Mines (XG.TSX, AMEX: XG) announced results for 20 additional holes from the Renaldo Area on the company’s 100% owned Puntudo Project in Santa Cruz Province, Argentina. The emerging gold company reported that drilling indicates the presence of a mineralized body approximately 750 meters in length, which remains open to the southeast. The zone is located 1 kilometer southeast of the silver-gold resource reported on the La Negra structure by Coeur d’Alene and Mirasol Resources on the Joaquin property.
* 3.8m at 2,154 grams per tonne (g/t) silver and 3.34 g/t gold (2,321 g/t silver equivalent), including 0.95m at 8,516 g/t silver and 9.40 g/t gold (8,986 g/t silver equivalent) at Hole RD0020A at La Negra
* 5.0m at 236 g/t silver and 0.39 g/t gold (256 g/t silver equivalent), including 3.86m at 300 g/t silver and 0.42 g/t gold (321 g/t silver equivalent) at hole RD0026 at La Negra
* 8.0m at 227 g/t silver and 0.48 g/t gold (251 g/t silver equivalent), including 1m at 856 g/t silver and 2.80 g/t gold (996 g/t silver equivalent) at hole RD0032 at La Marocha
Glen van Kerkvoort, Extorre Gold Mines’ Chief Geologist:
“We are very pleased with the results from this being our first drill campaign on the Renaldo Area. Our aim for the forthcoming drilling season in October is to define the limits of mineralization identified to date and to test additional targets defined by prospecting. ”
Daniel Earle, TD Securities:
“The results included stunning highlights… drilling encountered broad zones with elevated grades but higher gold/silver ratios which it suggested could be representative of the influence of a separate zone further to the southeast.”