Monday 24th October 2016

Resource Clips

Extorre reports Argentina Assays of 36.3 g/t Gold, 4,412 g/t Silver over 11.2m

Resource Clips - essential news on junior gold mining and junior silver miningExtorre Gold Mines Limited TSX:XG announced results from the Zoe zone of its Cerro Moro project in Santa Cruz Province, Argentina. Assays include

36.3 g/t gold and 4,412 g/t silver over 11.2 metres
(including 487.4 g/t gold and 37,993 g/t silver over 0.7 metres)
27.5 g/t gold and 3,424 g/t silver over 4.6 metres
(including 128.5 g/t gold and 12,199 g/t silver over 0.8 metres)
32.8 g/t gold and 2,819 g/t silver over 3.6 metres
44.9 g/t gold and 2,951 g/t silver over 2.5 metres
(including 158.1 g/t gold and 9,601 g/t silver over 0.7 metres)
1.3 g/t gold and 261 g/t silver over 9 metres

Exploration Manager Matt Williams stated, “These results represent a mix of infill drilling to gain further confidence in the Zoe resource and step-out drilling to test for extensions to the deposit. As Zoe represents 24% of the total indicated mineral resource and 37% of the inferred mineral resource for Cerro Moro, it remains our focus for two of the four drill rigs employed on the property. Of particular significance is the MD1433 drill intersection at a 420-metre vertical depth below surface, the deepest intercept to date of significant mineralization on the Cerro Moro property. The 420-metre depth, when compared to the other principal zones (270 metres at Escondida and 320 metres at Gabriela) demonstrates the potential for expanding all of the veins at Cerro Moro to depth. Elsewhere at Cerro Moro a total of 65 drill holes have been completed on 22 targets. A number of these holes have successfully intersected veins displaying the mineral assemblage considered favourable for high grades. Some follow-up drilling is in progress to establish grade continuity of the discoveries but preliminary indications are encouraging.”

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Rob Grey
VP Corporate Communications

by Ted Niles

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