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Tribeca Resources Maiden Drill Program Intersects Porphyry-style Mineralization with Encouraging Gold Values at the Chiricuto Property in the Atacama Region of Chile
(TheNewswire) 7 MAY, 2025 | VANCOUVER, BC – TheNewswire - Tribeca Re...
About this update from Tribeca Resources Corporation
[{"type":"text","content":"Tribeca Resources Maiden Drill Program Intersects Porphyry-style Mineralization with Encouraging Gold Values at the Chiricuto Property in the Atacama Region of Chile\n\n\n (TheNewswire)\n \n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n 7 MAY, 2025\n \n\n |\n \n\n VANCOUVER, BC –\n \n\n TheNewswire\n-\n \n\n Tribeca Resources\nCorporation\n \n\n (TSXV: TRBC) (OTCQB: TRRCF)\n(“\n \n\n Tribeca\nResources\n \n\n ”, the “\n \n\n Company\n \n\n ”) is\npleased to report the completion of a maiden drill program at the\nCompany’s previously undrilled Chiricuto Property (“Chiricuto”)\nin the Atacama region of northern Chile. Since acquiring an option to\npurchase a 100% interest in the property in March 2024, Tribeca\nsystematically completed geological mapping, IP-MT geophysical\nsurveying and soil sampling ahead of the now completed drill\nprogram.\n \n\n\n\n Highlights:\n \n\n\n\n\n\n 5 holes drilled:\n \n\n two targets tested with a\ncombined 1,586m of diamond drilling. Assay data received for the first\nthree holes (CHR001-CHR003)\n \n\n\n\n\n\n Copper-gold\nporphyry-style mineralization intersected at IP-MT target:\n \n\n Hole CHR001, drilled into the\nnorthern strong coincident IP chargeability - MT anomaly, intersected\n \n\n a strong\nsulphide system\n \n\n over most of\nthe hole length (456m) associated with porphyry-style veins and\nbreccias. The pyrite-chalcopyrite sulphide assemblage in the hole is\ndominated by pyrite, and hosts\n \n\n significant gold values\n \n\n , with the best of several 10-16m thick\nmineralised zones recording 10m @ 0.12% Cu, 0.47 g/t Au.\n \n\n\n\n\n\n Magnetic target\ntested:\n \n\n The two drill holes\n(CHR002, CHR003) tested the magnetic target and intersected an\n \n\n IOCG-style\nmagnetite alteration\n \n\n system\nhosted by breccias and veins. Chalcopyrite is locally present in the\ndrill holes with a maximum individual assay of 0.16% Cu. One zone of\nsemi-massive iron mineralization yielded 18m @ 26.1% Fe (from 102m in\nCHR003).\n \n\n\n\n\n\n The results from the drilling expand our understanding\nof the copper mineralization in the area. The intersection of\ncopper-gold porphyry-style mineralization was unexpected and provides\na new target style that has not previously been the focus of\nexploration in the area. Next steps will be determined once all...