Extorre Gold Mines Limited TSX:XG announced assays from Cerro Moro Project in Santa Cruz Province, Argentina. Highlights include 3.5 g/t gold and 250 g/t silver over 4.1 metres, 2.7 g/t gold and 253 g/t silver over 5.3 metres, 4.7 g/t gold and 389 g/t silver over 1.5 metres, 6.4 g/t gold and 798 g/t silver over 1.3 metres, 12.2 g/t gold and 1,079 g/t silver over 1.9 metres, 10.8 g/t gold and 1,293 g/t silver over 0.6 metres, 310.1 g/t gold and 222 g/t silver over 0.9 metres, 10.3 g/t gold and 1,440 g/t silver over 4.5 metres, and 6 g/t gold and 959 g/t silver over 1.8 metres.
President/CEO Eric Roth commented, “The Company continues to advance the Cerro Moro pre-feasibility study, anticipating delivery by June 2011. Concurrently, we have initiated a 100,000-metre ‘discovery drilling’ program to expand the high grade resources. With four rigs operating on a 24 hour a day basis, the contractors are exceeding 5,000 metres of drilling per month. The latest Esperanza assays provide solid support for the presence of additional near surface gold-silver mineralization on the vein, particularly to the northwest of earlier drilling. Given the new results we have deferred infill drilling of the vein until we have more thoroughly evaluated the +2 kilometre long strike of the vein structure. A new Cerro Moro resource estimate update will be deferred to Q3 2011 to accommodate the new drilling at Martina, Gabriela and Esperanza.”
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VP Corporate Communications
by Ted Niles