Extorre Gold Mines has reported high-grade to bonanza-grade gold-silver results from the first three of 21 diamond drill holes completed as of April 19, 2011, on a discovery named Zoe at its Cerro Moro property in Santa Cruz province, Argentina. Assay highlights include 4.84 m at 64.6 g/mt gold and 7,530 g/mt silver, including 1.36 m at 227.3 g/mt gold and 25,428 g/mt silver. Extorre has previously reported the high-grade Escondida gold-silver deposits on the Cerro Moro property, which have been drill tested along approximately 2 km of strike extent and to a depth of 200 m. The Zoe discovery is situated on the Escondida structure, 2.5 km east of the last previously known significant Escon-ida mineralization. The Zoe discovery is interpreted to be an east-west dilation zone, some 2 km in strike length.

The Zoe discovery is essentially ‘blind’ from surface, with the shallowest high-grade mineralization appearing at a vertical depth of 80 m. The silver mineral acanthite is observed in many of the drill cores, with five holes showing electrum. Base metals and pyrite are accessory minerals. As of mid-April, two drill rigs were defining the discovery. (www.extorre.com)