XTORRE (XG)

[Picassa]

Daniel Earle, TD Newcrest (5/18/11) "Pre-market Tuesday, Extorre Gold Mines announced the successful permitting of its flagship Cerro Moro project with the formal approval of the EIA and that it had purchased surface rights covering 14,000 ha over the principal vein zones. The potential for expansion is something we have highlighted previously, as the Zoe results have been among the best we have seen from Cerro Moro to date, and the zone appears to be taking on dimensions that are similar to the Escondida Far West zone that hosts the bulk of the high-/bonanza-grade resources on the property."