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New Extorre Video Presentation
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New Extorre Video Presentation
Click Here
to watch Co-Chairman, Mr.
Yale Simpson give a full overview of
Extorre Gold Mines Limited, dated December 27, 2010.
This video presentation is similar to what Mr.
Simpson would give
to analysts, brokers, investors, and at conferences around the
world.
Mr.
Simpson goes into great depth about the exploration
and development activities at Cerro Moro and the strategic plans
for the project going forward.
To view this presentation please Click Here: Silver and Gold at
Extorres Cerro Moro Project
About Extorre
Extorre is a Canadian public company listed on the Toronto Stock
Exchange (symbol XG) and on the OTCQX (symbol EXGMF).
Extorres
assets comprise approximately $42 million in cash, the Cerro
Morro and Don Sixto projects, and other mineral exploration
properties in Argentina.
On April 19, 2010, Extorre announced an updated National
Instrument 43-101 compliant mineral resource estimate for Cerro
Moro:
Indicated Category: 357,000 oz.
gold + 15.3 million oz.
silver
(612,000 oz.
gold equivalent*), plus
Inferred Category: 190,000 oz.
gold + 12.0 million oz.
silver
(390,000 oz.
gold equivalent*)
The 612,000 ounce gold equivalent* indicated resource, has an
average grade of 32.3 g/t gold equivalent*, a grade considered
exceptional by industry standards.
The silver contribution is
high, accounting for over 40% of the metal value.
Additional
inferred resources of 390,000 ounces gold equivalent* are also
reported from Cerro Moro.
Extorre released the results of a PEA of the Cerro Moro Project
on October 19, 2010.
The PEA highlighted the robust economics of
the future Cerro Moro mine, in which an average of 133,500 gold
equivalent* ounces would be produced during the first 5 years of
operation at a cash cost of US$ 201 per ounce (net of silver
credits).
Project CAPEX has been estimated at US$ 131 million
(of which 21% is tax that is refundable after production
commences), with a payback period of 1.8 years.
The project
economics were calculated using gold and silver prices of US$
950/ounce and US$ 16/ounce, respectively.
Extorre also submitted its Environmental Impact Assessment for
the Cerro Moro mine development to Santa Cruz Authorities on
September 16, 2010.
Mining permits and approvals for the Cerro
Moro mine are expected to be received by the end of Q1-2011.
You are invited to visit the Extorre web site at www.extorre.com
Latest news
Dec 14, 2010
Extorre Reports High Grade Gold-Silver Drill Intercepts From The
Cerro Moro Project
more
Dec 08, 2010
Extorre Initiates Pre-Feasibility Study At Cerro Moro
more
Dec 06, 2010
Extorre Discovers New Silver Rich Vein at Cerro Moro Project
more
Contact
EXTORRE GOLD MINES LIMITED
Eric Roth
President and CEO
[]
Suite 1260, 999 West Hastings St.
Vancouver, BC Canada V6C 2W2
For further information, please contact:
Rob Grey
VP Corporate Communications
T: 604.681.9512
F: 604.688.9532
Toll-free: 1.888.688.9512
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