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Tribeca Resources extends IP anomaly north of the Gaby discovery at the La Higuera IOCG project
(TheNewswire) July 27, 2023 – TheNewswire – Vancouver, BC - Tribeca Resourc...
About this update from Tribeca Resources Corporation
[{"type":"text","content":"Tribeca Resources extends IP anomaly north of the Gaby discovery at the 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 July 27, 2023 – TheNewswire – Vancouver, BC -\n \n Tribeca Resources Corporation (TSXV:TRBC) (OTC:TRRCF) (“\n \n Tribeca Resources\n \n ”, the “\n \n Company\n \n ”) is pleased to announce\nresults from extension geophysical surveying (Induced Polarization -\nIP) at the Gaby discovery, which is part of the La Higuera IOCG\nproject in northern Chile. The results provide new chargeability\nanomalies that significantly extend the chargeable zone at Gaby to the\nnorth, providing encouragement that recently intersected\nmineralization continues beyond the limits of current drilling.\n \n \n \n \n Highlights:\n \n \n \n \n Two lines of extension IP geophysical surveying at the northern end of\nthe Gaby IOCG target have returned significant IP chargeability\nanomalism, up to 26 mV/V in inverted data, consistent with the\npresence of disseminated sulphide minerals. The new data extends the\nchargeable zone at Gaby by an additional 600m to the north.\n \n \n \n \n The eastern line (1400E) also identified a promising coincident low\nresistivity – high chargeability anomaly at its southern end, which\npresents a strong drill target, and is located in the vicinity of\nsmall historic pits hosting both oxide and chalcopyrite copper\nmineralization.\n \n \n \n \n This IP survey was designed to test the area to the north of the Gaby\ndiscovery, where ground magnetic and gravity anomalism are present,\nbut not coincident. Chargeability anomalism consistent with sulphide\nmineralization has been recorded adjacent to the previously reported\n1mGal gravity anomaly. This data is supportive of mineralization\nintersected in the northernmost hole of the last program (e.g. 264m @\n0.31% Cu, 0.06 g/t Au in GBY007) continuing further to the north.\n \n \n Tribeca Resources CEO, Dr Paul Gow commented:\n \n \n “These are excellent results from the extension IP surveying at\nGaby, which significantly extend the one-kilometre-long chargeability\nanomaly we have been successfully drilling.\n \n \n Off the back of our recently announced financing, we are now preparing\nfor the Phase 2 drill program in which we will drill further north\nunde...