Odin Mining & Exploration Ltd. announced the analytical results of the first four diamond drill holes completed on its Greater Cangrejos property in southwest Ecuador in the last quarter of 2011. The greater than 1 g/t gold mineralization is hosted within a mix of various types of igneous and hydrothermal breccias, diorites and andesites. The higher grade mineralization is located within a broader halo of lower grade porphyry-style gold /copper mineralization. The grades for gold and copper over the whole porphyry-style mineralized sequence in holes C11-30, 31, 32, 33. The table also includes the most noteworthy intersection in each hole. All four holes were drilled in the Trinchera-Paloma area. Mineralization within the Odin concessions can be traced over 5 km along the northeast trend including the Cacique and Dos Bocas gold-in-soil anomalies. These two zones are known as the Trinchera Mineralized Trend and the Paloma Mineralized Trend, and were defined on the basis of several intersections with more than 0.50 g/t Au over at least 70 m, in Newmont's 1999/2000 boreholes, which were all drilled at angles of either -45 or -50. The best intersection in the Trinchera Trend came from hole C99-14 with 1.57 g/t Au and 0.19 % Cu over 196 m. This intersection contained a higher grade zone comprising 3.06 g/t Au and 0.32% Cu over 46 m. The best intersection in the Paloma Trend came from hole C99-18 with 1.08 g/t Au and 0.11% Cu over 119 m with the hole stopped while still in mineralization. Odin's holes C11-31 in the lower section and C11-32 in the upper section were targeted on the Trinchera Trend and C11-33 in the upper section was targeted on the Paloma Trend.