Extorre receives final assays from Zoe zone for NI 43-101 estimate at Cerro Moro

Extorre Gold Mines (TSE:XG) (AMEX:XG) announced Tuesday it has received the results from the final 33 of the approximate 100 holes on the Zoe discovery that are to be included in the new NI 43-101 compliant resource report for the Cerro Moro project in southern Argentina - due out next month.
Extorre said the new estimate will also include contributions from the recent discoveries at the Martina, Carla, and Esperanza-Nini zones, in addition to Zoe.
Highlights from the latest Zoe target results included 3.0 metres grading 18.9 grams per tonne (g/t) gold and 943 g/t silver (37.8 g/t gold equivalent), including 0.88 metres at 55.5 g/t gold and 2,655 g/t silver (108.6 g/t gold equivalent), in MD1345.
Meanwhile, hole MD1348 returned 3.65 metres of 17.3 g/t gold and 2,314 g/t silver (63.6 g/t gold equivalent), including 116.8 g/t gold and 16,068 g/t silver (438.2 g/t gold equivalent) over 0.34 metres, while hole MD1351 found 39.1 g/t gold and 2,231 g/t silver (83.7 g/t gold equivalent) over 2.02 metres, including 0.51 metres at 113.6 g/t gold and 5,250 g/t silver (218.6 g/t gold equivalent).
Drilling continues at Zoe to further delineate the zone and its potential extensions. The Zoe structure has so far been tested for 2.2 kilometres of strike, with significant mineralization delineated over 1.1 kilometres, Extorre said.
A total of 119 holes have been completed since the zone's discovery in March, with results from 19 new holes still pending.
Other notable assays from the 33 holes reported today included 7.7 metres at 10.1 g/t gold and 3,285 g/t silver (75.8 g/t gold equivalent), including 53 g/t gold and 17,297 g/t silver (399.0 g/t gold equivalent) over 1.4 metres in hole MD1362.
Hole MD1372 also intersected 15.8 g/t gold and 1,494 g/t silver (45.7 g/t gold equivalent) over 2.55 metres, including 0.43 metres at 69.1 g/t gold and 4,932 g/t silver (167.7 g/t gold equivalent).
Independent consulting group Cube Consulting, Australia will be performing the new estimate, which is expected to be available early November 2011.
As of April last year, Cerro Moro was estimated to have 662,440 ounces of gold equivalent in the indicated category, as well as inferred resources of 430,880 ounces of gold equivalent.
Aside from Cerro Moro, Extorre’s assets comprise of the Puntudo and Don Sixto projects, and other mineral exploration properties in Argentina.