Thursday 27th October 2016

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Extorre reports Argentina assays of 64.6 g/t Gold, 7,530 g/t Silver over 4.8m

Extorre Gold Mines Limited TSX:XG announced assay results from the Zoe discovery of its Cerro Moro Project in Santa Cruz Province, Argentina. Highlights include 2.5 g/t gold and 323 g/t silver over 1.1 metres, 2.4 g/t gold and 316 g/t silver over 2.8 metres (including 4.3 g/t gold and 615 g/t silver over 1.2 metres), 13.4 g/t gold and 1,750 g/t silver over 1.3 metres (including 21.9 g/t gold and 2,832 g/t silver over 0.8 metres), and 64.6 g/t gold and 7,530 g/t silver over 4.8 metres (including 227.3 g/t gold and 25,428 g/t silver over 1.4 metres).

Exploration Manager Mathew Williams commented, “We have made another blind discovery of spectacular mineralization. The surface expression of Zoe is an outcrop that assays only 0.34 g/t gold and 115 g/t silver. It demonstrates the value of persistence and commitment to a soundly based geological model. The dramatic increase in gold and silver grades in diamond drill hole MD1196, a 40-metre step-back of the discovery hole MD1191, coupled with the bonanza gold and silver grades encountered in MD1204, a 40-metre step-out, support our decision to concentrate 50% of our drill rigs and team on defining the Zoe discovery. Every effort will be made to ensure that this new discovery will be included in the revised resource scheduled for Q3 this year.”

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Eric Roth

or Rob Grey
VP Corporate Communications

by Ted Niles

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