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Tribeca Resources Reports Drill Results from Second Target at La Higuera IOCG project and Commences Phase 2 Work Program
(TheNewswire) Vancouver, BC - TheNewswire - May 17, 2023 - Tribeca Resource...
About this update from Tribeca Resources Corporation
[{"type":"text","content":"Tribeca Resources Reports Drill Results from Second Target at La Higuera IOCG project and Commences Phase 2 Work Program\n \n \n (TheNewswire)\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n Vancouver, BC -\n \n \n TheNewswire -\n \n \n May 17, 2023\n \n \n -\n \n \n Tribeca Resources\nCorporation\n \n \n (TSXV:TRBC)\n \n \n (“\n \n \n Tribeca Resources\n \n \n ”,\nthe “\n \n \n Company\n \n \n ”) is pleased to announce final drill results from its\nrecently completed first phase exploration program at the La Higuera\nIOCG project in northern Chile. These results mark a significant\nadditional milestone in the Company's pursuit of copper-gold systems\nin this well-endowed and infrastructure-rich district.\n \n \n \n \n Highlights:\n \n \n \n \n \n \n The Phase 1 drilling program concluded with hole\nCHS002, which intersected a substantial zone of copper mineralization.\nOver a length of 167 meters, the copper grade averaged 0.21%,\nincluding a section of 12 meters at 0.91% copper and 0.24 g/t gold,\nstarting from a depth of 56 meters.\n \n \n \n \n \n \n A field campaign has been initiated to systematically\ndevelop additional drill targets. This campaign involves comprehensive\ngeological mapping and soil sampling activities at the Benja and Don\nBaucha targets.\n \n \n \n \n \n \n The results from CHS002, combined with historic\nexploration data, confirm the presence of three distinct copper-gold\nmineralized shear zones within a zone measuring 700 meters in length\nby 400 meters in width at Chirsposo. The characteristics of the\nmineralization closely resemble those from the previously reported\nGaby discovery, as highlighted in Tribeca Resources' news releases\nfrom January to April 2023.\n \n \n \n \n Tribeca Resources CEO, Dr Paul Gow commented:\n \n \n \n \n “With an abundance of exciting\nexploration targets on our La Higuera district mineral concessions, we\nbelieve Tribeca Resources has only started to scratch the surface of\nthis copper district. We look forward to systematically delineating\nnew drill targets as well as recommencing drilling to understand the\nsize of our exciting new Gaby discovery.”\n \n \n \n \n Chirsposo drill results\n \n \n \n \n The combination of historic RC-dominant drilling,\ntrenching, soil sampling, and geophysical ground magnetic data has\nreve...