XTORRE (XG)

[Picassa]

John Hayes, BMO Capital Markets (3/5/12) "Extorre Gold Mines Ltd.'s results from 15 intercepts in 15 reported infill and extensional drill holes drilled at Zoe returned weighted average grades of 15.3 g/t gold and 1,438 g/t silver over an average intercept (true width) of ~1.50m; the high-grade results are largely typical of previous drill results from Zoe. . .the exploration results showed some interesting intercepts that require follow-up to determine their significance."