VANCOUVER, Aug. 23, 2012 /CNW/ – Gitennes Exploration Inc. (TSXV-GIT) has been advised by AndeanGold Ltd. of the following preliminary metallurgical test results from the Urumalqui gold-silver project, Peru. The test was conducted by G&T Metallurgical Services Ltd. (“G&T”) of Kamloops B.C. and Mine and Quarry Engineering Services Inc. (“MQes”) of San Mateo, CA was engaged to oversee the test.
PRELIMINARY METALLURGICAL TEST RESULTS
|Gravity + Flotation
|Gravity + Cyanidation
|High Grade Composite||202||99||2.09||97||96||2500|
|Low Grade Composite||98||96||0.39||90||96||2500|
Metallurgical Testing Notes:
G&T’s recommendations for further test work to optimize the cyanidation process streams of the flowsheet included, but were not limited to: a.) gravity recoverable gold / silver tests, b.) sodium cyanide sensitivity, c.) effect of lead nitrate addition rates, d.) effect of pH and e.) effect of dissolved oxygen.
Dr. William F. Lindqvist, a director of AndeanGold Ltd., is a Qualified Person and has reviewed and approved the technical information that has been provided to Gitennes.
The technical information in this release that was provided to Gitennes by AndeanGold has been reviewed by J. Blackwell (P.Geo.), a director of Gitennes, and a Qualified Person as defined by National Instrument 43-101.
On behalf of the Board of Directors of
Gitennes Exploration Inc.
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.
SOURCE: Gitennes Exploration Inc.
For further information:For more Company information please go to www.gitennes.com.