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Tribeca Resources Accelerates 100% Acquisition of Gaby and Reports Progress at the Jiguata Porphyry and La Higuera IOCG Projects
27 MAY, 2026 | VANCOUVER, BC – TheNewswire - Tribeca Resources Corporation (TSXV: TRBC) (OTCQB: TRRCF) (“Tribeca Resources”, the “Company”) reports progress
About this update from Tribeca Resources Corporation
[{"type":"text","content":"\n 27 MAY, 2026 | VANCOUVER, BC – TheNewswire - Tribeca Resources Corporation (TSXV: TRBC) (OTCQB: TRRCF) (“Tribeca Resources”, the “Company”) reports progress at its northern Chile copper projects. \nTribeca has exercised its right, under an existing purchase option agreement (the “Purchase Option Agreement”), to acquire a 100% interest in the Gaby-Totito property at its La Higuera IOCG Project (“La Higuera”). This transaction provides Tribeca with, for the first time, 100% and outright ownership of all concessions across its flagship La Higuera project.\nIn addition, drilling is progressing at the Chirsposo Sur target, located 4km to the south of Gaby, and pre-drilling field activities at the Jiguata porphyry – high sulphidation copper exploration Project (“Jiguata”) are now complete.\nHighlights:\n\n\nGaby-Totito property purchase option exercised via US$500,000 completion payment. Deferred payments to be made through to September 2027 (see details below), with a 1% NSR retained by the Project Vendors over future production \n\n\nFirst of three planned drill holes at the previously untested Chirsposo Sur target completed. Assays are pending \n\n\nField data collection for the Jiguata MT survey completed, with data processing and interpretation in progress. Drill planning will commence once pending hyperspectral and multielement soil data are received from the laboratory \n\n\nTribeca Resources CEO, Dr. Paul Gow commented: “We are very pleased to have acquired 100% ownership of the Gaby-Totito property which hosts the exciting Gaby discovery. This proactive transaction is a pivotal milestone and underscores our disciplined approach to capital management. We look forward to proceeding with additional drilling at the Gaby target later in the year.”\n“Four kilometers south of Gaby, at the Chirsposo Sur target, drilling is progressing. We are testing a “blind” geophysical target, consistent with our science-driven approach to identifying and testing previously missed or misunderstood targets below cover. Assay results from the first hole are expected in 4-6 weeks and will be reported in due course.”\n“At Jiguata, which we believe has potential to host a large Miocene porphyry copper or high sulphidation system, we are excited to plan our maiden drill program, once analyses for the remaining soil and rock sample...