Gitennes Exploration - First Report on 2011 Drilling at Urumalqui

VANCOUVER, May 16 /CNW/ - Gitennes Exploration Inc. (TSXV: GIT) has been advised by AndeanGold Ltd (TSXV-AAU) of assay results for the first three core holes from its Phase I diamond drill program at the Urumalqui project in Perú.  The 2011 drill program is expected to complete up to 23 diamond core holes and 3,000 to 4,000 metres of drilling on the Main or Urumalqui Vein target.  To date, 13 holes have been completed and all intersected the target as predicted. Core samples from 8 of these holes have been shipped to the Inspectorate Lab in Lima, Perú for assay.

The three drill holes reported here where are aligned vertically, one beneath the other, on a section near the centre of a 1,000-metre-long portion of the much larger mineralized structure:

 
FROM - TO   INTERVAL TRUE
WIDTH
GOLD SILVER SILVER EQUIVALENT*
(metres)   (metres) (metres) (g/t) (g/t) (g/t) (oz/ tonne)
DRILL HOLE PGUR #09 (VEIN INTERSECTED - 52.3 METRES BELOW SURFACE)
68.75-72.1   3.35 2.28 0.34 93.22 110.29 3.55
including              
70.10-71.6   1.50 1.02 0.29 201.63 215.98 6.94
DRILL HOLE PGUR #10 (VEIN INTERSECTED - 102.3 METRES BELOW SURFACE)
112.40-117.95   5.55 2.43 1.54 203.25 280.26 9.01
including              
114.04-116.80   2.76 1.20 2.74 391.85 528.85 17.00
including              
114.73-116.11   1.38 0.60 4.72 645.00 881.23 28.34
DRILL HOLE PGUR #11 (VEIN INTERSECTED - 151.5 METRES BELOW SURFACE)
179.40-185.50   6.10 4.21 2.14 180.45 287.62 9.25
including              
180.50-184.50   4.00 2.76 3.03 201.40 352.75 11.34

* SILVER EQUIVALENT - Based on a silver to gold ration of 50:1 and assuming 100% metallurgical recoveries, expressed as oz/ tonne - Troy ounces per metric tonne.

The objective of AndeanGold's program is to infill drill to a depth of 200 metres so as to provide a nominal spacing of intersections that are approximately 50 metres apart within the central and southeastern segments of the main vein.  AndeanGold expects that this level of drill hole penetrations will be sufficient for the preparation of a NI 43-101 resource estimate, which it plans to commission upon completion, and subject to the results, of the current drill program. A third of the main vein may not be drilled during the current program as well four other mineralized targets on the property.

AndeanGold has in place a QA/QC program using best industry practices.  The program includes chain custody of samples, standards and blanks submitted to the independent Inspectorate Lab in Lima Perú with each batch of samples and a check assay program on a proportion of sample pulps with a second independent laboratory.  The results of the QA/QC program to date have been satisfactory.

In February 2010 Gitennes signed an option agreement with AndeanGold Ltd. whereby the Company granted it the right to earn a 60% interest in the Urumalqui project. In order to earn its interest AndeanGold must spend $3,000,000 in qualifying exploration expenditures on the project over a four-year term, which shall include a minimum of 3,000 metres of drilling by the end of the second year and 7,000 metres of cumulative drilling by the end of the third year. Andean must also issue 80,000 shares to the Company in four tranches of 20,000 shares each. Except for the first trance Gitennes may elect to receive cash in lieu of shares, with the amount not to exceed $25,000, $50,000 and $100,000 with respect to the first, second and third year anniversary date payments, respectively. If the market value of the shares on the respective payment dates exceeds the maximum cash payment amount on such date, the difference will be paid in equivalent shares.

A technical report on the Urumalqui Project, dated March 30, 2009 is available under the Company's disclosure filings at www.sedar.com. Information about Urumalqui and Gitennes' other projects may be found by visiting www.gitennes.com.

The technical information in this release has been reviewed by J. Blackwell (P.Geo.), a Qualified Person as defined by National Instrument 43-101.

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:

Market Smart Communications Inc.

877 261-4414

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