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GEG

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Share Name Share Symbol Market Type
TSXV:GEG TSX Venture Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0 -

Ginguro Provides Clarifying Disclosure on Eastern Reef and 007 Zone

19/12/2013 8:15pm

Marketwired Canada


Ginguro Exploration Inc. (TSX VENTURE:GEG) (the "Company") is providing the
following clarification regarding previously disclosed results of channel
sampling from the Eastern Reef and 007 Zone discovery areas. This clarification
pertains to press releases issued by Ginguro on August 15th and 29th, 2013 and
on September 6th and 24th, 2013.


Ginguro's disclosure of the length weighted average grades of several channel
samples included language cautioning that the lengths reported did not represent
true thicknesses of gold bearing units. The September 6, 2013 release indicated
that the true thickness at the Eastern Reef was estimated at between 3 and 6
meters, while the true thickness at the 007 Zone was estimated at 2 meters. The
Company wishes to further clarify that the channel samples are contiguous over
the surface. Due to the near flat lying nature of the sedimentary strata, it is
not possible to cut samples across the gold-bearing strata. Samples are
collected either parallel or perpendicular to the interpreted paleochannel
direction. The channel lengths reported in the releases represent the gold
distribution over the surface area sampled and do not represent true thicknesses
of the mineralized unit.


About Ginguro

Ginguro Exploration Inc. is a mineral exploration company focused on the
advancement of its Pardo paleo-placer gold property, located in Pardo Township
in northern Ontario. To learn more about Ginguro Exploration Inc., please visit
www.ginguro.com.


The Qualified Person responsible for the geological technical content of this
news release is Richard Murphy, P.Geo, President and CEO of Ginguro Exploration
Inc.


Statements in this release that are forward-looking statements are subject to
various risks and uncertainties concerning the specific factors disclosed under
the heading "Risk Factors" in the Corporation's filings with Canadian securities
regulators. Such information contained herein represents management's best
judgment as of the date hereof based on information currently available. The
Corporation does not assume any obligation to update any forward-looking
statements, save and except as may be required by applicable securities laws.


Neither TSX Venture Exchange nor its Regulation Services Provider (as that term
is defined in the policies of the TSX Venture Exchange) accepts responsibility
for the adequacy or accuracy of this release.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Ginguro Exploration Inc.
Richard Murphy
President and CEO
(705) 222-8800
(705) 222-8801 (FAX)
info@ginguro.com
www.ginguro.com

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