Business
Baroyeca Gold & Silver Commences Drilling at Its Atocha Project in Tolima, Colombia
Vancouver, British Columbia--(Newsfile Corp. - October 28, 2021) - BAROYECA GOLD & SILVER INC. (TSXV: BGS) (the "Company") is pleased to announce it has finishe
About this update from Terra Rossa Gold Ltd.
[{"type":"text","content":" Vancouver, British Columbia--(Newsfile Corp. - October 28, 2021) - BAROYECA GOLD & SILVER INC. (TSXV: BGS) (the \"Company\") is pleased to announce it has finished the first drill hole from its phase 1 drilling program at its flagship Atocha high-grade silver project in Tolima, Colombia. Baroyeca's initial 2,000m phase 1 drilling program at the La Ye vein system is underway and the company finished drilling its first drill hole, which intersected two mineralized zones as initially targeted. Two shallow mineralized zones were intersected from 14.8m to 16m and from 32m to 33.2m comprised of thin quartz/adularia veins showing disseminated pyrite/sphalerite/galena sulfides. The target larger mineralized zone corresponds to the San Antonio Vein mapped at surface dipping 60 degrees to the northwest, which was intersected from 69.25m to 75.8m. The vein zone is locally very brecciated and spans a wide interval marked by pervasive sericite/pyrite alteration of the host rock and a high density of quartz and coarse sulfides, mainly pyrite. Core samples are being processed and the Company will release results in groups of two or three holes once assays have returned from the laboratory. Baroyeca will drill a total of three holes from this initial drill pad before moving to the next using multiple drill platforms to follow the vein trend along strike from its northeastern end towards the southwest. It is anticipated to target several stacked and closely spaced parallel silver-rich veins identified at surface with 25m step outs. Drilling will help characterize these veins at depth as well as the distribution of the high-grade silver (and gold) zones found at surface. Depending on results, and as land permits are obtained, the drill program will progress beyond 2,000m, to test other targets. Raul Sanabria, P.Geo., President of Baroyeca commented: \"I was on site during the drilling of the first hole and I was very excited to see us hit the target mineralized zone in the first hole and see the core coming out of the barrel. Hitting the vein with the first hole as planned sets us up well for continuing to define the vein as we step out long its strike.\" The La Ye vein system is a zone comprised of three parallel vein zones over a width of 250m. The northernmost vein is well exposed and appears to be a high-grade shoot with silver valu...