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REVX.V ·

News release

Management Changes

Vancouv ver, B.C. – June 21, 2012 – Gitenne es Exploratio on Inc. (TSX XV-GIT) is pl leased to pro ovide an upda ate of on-go oing explora ation activities at the Urumalqui silver-gold project in Peru, announce the appointment of a new directo he termination of or to the Bo oard of Dire ectors and th property option agree ements for the Riddle pr roperty.

Urumalqu ui: Explorati ion at Urum malqui is con nducted by A AndeanGold d Ltd. which h has the rig ght to earn a 100% interes st in the Project by me eans of a 60% option a and a 40% Share Sale e and Purchase e Agreemen nt. To date e AndeanGo old has com mpleted app proximately 5,070 metre es of f a required 7,000 m of drilling and $3.0 drilling and expende ed approxima ately $2.3 m million out of million o %. During 2012 Ande eanGold has commissi of expenditu ures to ear rn the 60% ioned posites of drill core samp ples. These tests are be metallurg gical studies using comp eing conduct ted in Canada at G&T Metallurgical Se ervices Ltd. ("G&T") of K Kamloops, B B.C. Results s of this wor rk are pending. Also the main Urumalq qui Vein has s been “trenc ched” at 25- -metre spaced intervals, with each trench dug su ufficiently de eep to fully expose the e Vein for c channel sam mpling purpo oses. Continuo 1.8 m long, were ous channel samples, a averaging 1.0 m and ranging from 0.50 m to 1 ein can be traced in ou taken uti ilizing a por rtable rock s saw. The ve utcrop for a a length of 1 1,650 metres. T Though one mineralized d system, the e Vein is sub bdivided for descriptive p purposes int to the ctions. The SE section includes a 1 Southeas st (“SE”) and d Northwest t (“NW”) Sec 1,000 metre e long 1 metre infill drilling prog block tha at was subjec ct to a 5,071 gram by And deanGold in 2011.

esults are tabulated as follows:

A summa ary of the Pr rogram's tren nch assay re

Length of Vein (metres)From Section # to Section #AVERAGE WIDTH (metres)Silver (g/t)Gold (g/t)Silver Eq. (g/t)
URUMALQUI VEIN1650950S - 700N2.3577.792.24190.04
Including SE SECTION1000950S - 050N1.8699.981.60180.17
And NW SECTION650050 N - 700N3.2358.032.82198.82
-Which also includes500050N - 550N2.6682.462.66292.94

Silver Eq q.: Equivalen nt grade of silver based d on price ra atio of 50:1 silver to go old and assu uming 100% rec coveries of b both metals.

The resu ults reported here are co omparable t to chip-chan nnel results o obtained by y Gitennes d during campaigns in 2002 2-2003, how wever the systematica ally-collected d and saw wn-nature of f the AndeanG Gold sample es may now w be used in future r resource es stimates. Th hese results s are al trenches have weighted d averages of all samp ples within t the stated v vein segmen nt. Individua significan nt ranges in silver and g gold tenor, ye et high-grad de results clu uster and de efine areas w within the vein structure tha at offer high h-grade poss sibilities at d depth. For in nstance 70% %, or 47 of th he 67 trenches returned gr rades greate er than the 9 90 g/t silver e equivalent c cut-off grade e employed i in the initial res source estim mate by Mine e and Quarry Engineer ring Services s Inc. (for M Mineral Reso ource nch results were information see New ws Release of Novemb ber 15, 201 11). Most of these tren ld between 2003 preceded d by drilling campaigns conducted by both Git tennes and AndeanGol

Su uite 2390 – 1055 5 West Hastings S Street, Box 60, Va ancouver, B.C. V6 6E 2E9 Tel: 604-6 682-7970 Fax: 6 604-608-9014 emai il: [email protected] com website: ww ww.gitennes.com and 2011, however the results for the NW Segment highlight this underexplored portion of the vein system and the significant potential extensions to the known zone.

The technical information in this release has been reviewed by J. Blackwell (P.Geo.), a Qualified Person as defined by National Instrument 43-101.

Changes to the Board of Directors - Gitennes is pleased to announce the appointment of Mr. G. Robert Matthews to the Board of Directors. Mr. Matthews is a businessman residing in Vancouver who currently works in commercial and residential real estate sales and property development. Robert has previously served as a Director of other listed-companies and has maintained an active interest in the junior resource sector through the years. Mr. Matthews has been appointed to the Company’s audit committee. The Company has granted Mr. Matthews 200,000 stock options at an exercise price of $0.05 per share which are valid for five years from the date of grant. Also, Lyle Hepburn and Vic Tanaka have resigned from the Board of Directors. The Company thanks Lyle and Vic for their many years of service and wish them success.

Changes to Exploration Property Portfolio - Gitennes has given a notice to the owners of the Riddle property that the Company will not be continuing with the two options on the property.

For more Company information please go to www.gitennes.com.

On behalf of the Board of Directors of Gitennes Exploration Inc.

Ken Booth President

Neither the 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.

DISCLAIMER: This news release includes certain statements, other than historical information, that may be deemed "forward- looking statements". All statements in this release, other than statements of historical facts, including, without limitation, statements regarding future plans and objectives of the companies are forward-looking statements that involve various risks and uncertainties. Although Gitennes believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in the forward-looking statements. Forward-looking statements are based on a number of material factors and assumptions. Factors that could cause actual results to differ materially from those in forward-looking statements include general economic, market or business conditions, and other risks detailed herein and from time to time in the filings made by the companies with securities regulators. Mineral exploration and development of mines is an inherently risky business. Accordingly the actual events may differ materially from those projected in the forward-looking statements. Historical information necessarily is not current and is provided for your reference only. No warranty whatsoever is made that any of the historical information is accurate, precise, or up-to-date. For more information on Gitennes and the risks and challenges of their businesses, investors should review their annual filings that are available at www.sedar.com.

This press release does not constitute an offer to sell or a solicitation to buy any of the securities of Gitennes in the United States.