VANCOUVER, BRITISH COLUMBIA, Aug 03, 2010 (MARKETWIRE via COMTEX News Network) --
Extorre Gold Mines Limited (TSX: XG)(FRANKFURT: E1R)(PINK SHEETS: EXGMF) ("Extorre" or the "Company") is pleased to report assay results from the first fourteen diamond drill holes completed on the Martina Zone, a new zone of high grade gold mineralisation at its 100%-owned Cerro Moro project in Santa Cruz Province, Argentina. In addition, Extorre reports results from the Escondida Far West and Carla Zones where drilling is defining high grade mineralisation to be included (or reclassified) in the next resource statement.
The Martina Zone is located approximately 2 kilometres ("km") (6,560 feet ("ft")) south east of the high grade Escondida Central zone, and is hosted within an extensional "jog" along the Escondida structure. Eleven diamond drill holes, from a total of 21 holes completed to date are presented in the table below. Best results include:
-- MD849 cut two vein zones (see attached section), a 1.60 metre ("m") vein zone from 260.47m to 262.07m grading 17.9g/t gold and 212g/t silver, and a separate 1.42m vein zone from 293.58m to 295.00m grading 41.2g/t gold and 123g/t silver.
-- MD888 intersected a 1.25m vein zone grading 20.0 g/t gold and 53g/t silver
-- MD935 intersected a 1.40m vein zone grading 23.0g/t gold and 62g/t silver
-- MD943 intersected 0.65 metres grading 171.3g/t gold and 6,314g/t silver, and
-- MD 949 intersected 2.22m grading 106.7g/t gold and 348g/t silver
At Escondida Far West, MD953, one of the deepest intersections on the project to date, and located some 80 m below the previous high grade resource calculated for this zone, intersected: -- 1.51m grading 98.4g/t gold and 26g/t silver and, located above the previous drilling at the same zone: -- MD897 intersected a 3.2m section grading 39.0g/t gold and 2,145g/t silver. |