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Baroyeca Gold & Silver Inc V.BGS

Alternate Symbol(s):  BRYGF

Baroyeca Gold & Silver Inc. is a mineral exploration and evaluation company. The Company is actively examining opportunities to joint venture or acquire a new mineral interest. It has no revenue generating operations.


TSXV:BGS - Post by User

Post by EWPeakIMon Jul 18, 2022 11:43am
318 Views
Post# 34831480

Baroyeca Makes a New Copper Discovery in Santander, Colombia

Baroyeca Makes a New Copper Discovery in Santander, Colombia

Vancouver, British Columbia--(Newsfile Corp. - July 18, 2022) - BAROYECA GOLD & SILVER INC. (TSXV: BGS) (the "Company") is pleased to announce that its geologists have found copper mineralization in a preliminary reconnaissance campaign at its road-accessible Zapatoca Project in a new mining district in Santander Department, Colombia, about 40km southwest of the departmental capital, Bucaramanga.

The discovery comprises disseminated to veinlet copper carbonates (malaquite-azurite) as seen in photo 1, constrained in siliciclastic sedimentary rock units. Sediment-hosted stratiform copper deposits haven't previously been found in this part of Colombia and so this represents a true new discovery.

Baroyeca has subsequently secured an area of 4,000 hectares surrounding the new copper discovery.

Raul Sanabria, P.Geo., President of Baroyeca, commented: "Finding sedimentary copper in this area was totally unexpected and it underlines the potential Colombia still has to offer new mineral discoveries. We have staked the surrounding area, providing the Company with another exploration project at no cost or dilution to our shareholders. Sediment-hosted stratiform copper deposits represent one of the most-exciting copper exploration prospects in Cesar Department in northeastern Colombia, but this potential has not previously been seen in nearby Santander. With demand increasing for copper exploration projects, for Baroyeca, this could be a starting point towards becoming a project generator in the country."

full news release: https://bit.ly/3RHm9Cj

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