Business
Tribeca Resources drills 268m at 0.66% copper and 0.14 g/t gold, incl. 90m at 1.02% copper and 0.23 g/t gold, in 100m step-out first drill hole at La Higuera IOCG project
(TheNewswire) January 30, 2023 – TheNewswire – Vancouver, BC - ...
About this update from Tribeca Resources Corporation
[{"type":"text","content":"Tribeca Resources drills 268m at 0.66% copper and 0.14 g/t gold, incl. 90m at 1.02% copper and 0.23 g/t gold, in 100m step-out first drill hole at La Higuera IOCG project\n \n \n (TheNewswire)\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n January 30, 2023 – TheNewswire – Vancouver, BC -\n \n \n Tribeca Resources Corporation (TSXV:TRBC)\n(“\n \n \n Tribeca\nResources\n \n \n ”, the “\n \n \n Company\n \n \n ”) is\npleased to report assay results from the first three holes of the\ndrilling program under way at its La Higuera iron oxide copper-gold\n(IOCG) project, located 40km north of La Serena, in the Coquimbo\nregion of northern Chile.\n \n \n \n \n Highlights:\n \n \n \n \n \n \n Hole GBY001 intersected\n \n \n 268m at 0.66% copper, 0.14g/t\ngold,\n \n \n including\n \n \n 90m at 1.02% copper, 0.23 g/t\ngold\n \n \n , from the base of gravel cover at 52m.\n \n \n \n \n \n \n Holes GBY002 and GBY003 (Table 1) intersected\nwell-developed sulphide mineralization of a lower grade, albeit\nperipheral to the main trend.\n \n \n \n \n \n \n Four holes (GBY004 to GBY007) are being geologically\nprocessed and analysed, including two drilled as large step-out holes\nto the north. Results from these holes, together with two additional\nholes that remain to be drilled at the Chirsposo target 3km to the\nsouth, will be released in due course.\n \n \n \n \n \n \n All three holes reported here have intersected sulphide\nmineralization, with GBY001 returning assays that are of significantly\nhigher grade than the best results reported in historic drilling\n(RCH-LH-07).\n \n \n \n \n Tribeca Resources CEO, Dr Paul Gow commented:\n \n \n \n \n “This is a very strong start for\nTribeca with results from the first 100m step-out hole at Gaby,\nGBY001, surpassing our expectations and intersecting a very thick zone\nof copper-gold mineralization.”\n \n \n \n \n “With only the first three drill\nholes of a nine-hole program released, we look forward to continued\nnews flow as we work to build on this expanding IOCG mineral system.\nIts location at low altitude, and with proximity to infrastructure,\nwould expedite development should we define a suitable resource.\"\n \n \n \n Table\n \n \n 1. Summary of significant\nmineralized intersections in drill holes GBY001 to GBY...