Tribeca Resources Signs Definitive Option Agreement to Acquire the Jiguata Porphyry Copper Property in Northern Chile

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[{"type":"text","content":"Tribeca Resources Signs Definitive Option Agreement to Acquire the Jiguata Porphyry Copper Property in Northern Chile\n\n\n (TheNewswire)\n \n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n 29 OCTOBER, 2025 –\n \n\n TheNewswire -\n \n\n VANCOUVER, BC - Tribeca Resources\nCorporation\n \n\n (TSXV: TRBC) (OTCQB: TRRCF)\n(“\n \n\n Tribeca\nResources\n \n\n ” or the “\n \n\n Company\n \n\n ”) is\npleased to announce that, further to the Company's news release\ndated June 19, 2025, it has entered into a definitive option agreement\ndated October 28, 2025 (“\n \n\n Option Agreement\n \n\n ”) with private arm’s\nlength vendors (the\n \n\n “Project\nVendors”\n \n\n ) to acquire a 100% interest in the\n10,000 hectare Jiguata Porphyry Copper property (the “\n \n\n Jiguata\n \n\n Property\n \n\n ”) over a\nperiod of 5 years (the “\n \n\n Purchase Option\n \n\n ”).\n \n\n\n\n The Jiguata Property, located in northern Chile, 120km\nnorth of the major mining company controlled Collahuasi and Quebrada\nBlanca mines (Figure 1), will be progressed in parallel with the\nCompany’s two existing projects: La Higuera (the “\n \n\n La Higuera Property\n \n\n ”) and Chiricuto (the “\n \n\n Chiricuto Property\n \n\n ”), both located in the Chilean Coastal IOCG Belt.\n \n\n\n\n\n\n Highlights:\n \n\n\n\n\n\n Large epithermal and interpreted porphyry alteration\nsystem in the northern extension of the prolific Chilean\nporphyry-bearing Eocene-Oligocene Belt, with partial overprint and\ncover by younger Miocene age rocks\n \n\n\n\n\n\n Drive-up access via paved Collahuasi road, nearby\naccommodation and associated infrastructure\n \n\n\n\n\n\n Soil sampling, historic drilling, geological mapping\nand geophysics highlight a large 5km x 3km exploration target zone,\nwith two existing discrete near drill-ready targets\n \n\n\n\n\n\n Under the Option Agreement, during the first two years,\nTribeca will make staged cash payments totalling US$ 100,000 and\nundertake a minimum of 3,000 meters of drilling\n \n\n\n\n\n\n Pre-drilling activities at the Jiguata Property will be\nundertaken in parallel with further drilling at the Company’s\nflagship La Higuera Property\n \n\n\n\n\n\n Tribeca Resources CEO, Dr. Paul Gow\ncommented:\n \n\n\n\n &#x2...

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