| Announcement Date: | 2021-11-15 |
|---|---|
| Announcement Type: | Drilling Results |
| Announcement Code: | NI43-101 |
| Company name: | Baroyeca Gold & Silver Inc. |
| Project name: | Atocha |
| Location: | Colombia |
| Commodities: | Gold,Silver |
| Highlight: | Drilling results incl. 0.8m @ 20.14g/t Au, 723g/t Ag from 85.7m |
| Resources: | only available to subscribers |
| CP/QP: | only available to subscribers |
| Announcement summary: | Vancouver, British Columbia–(Newsfile Corp. – November 15, 2021) – BAROYECAGOLD & SILVER INC. (TSXV: BGS) (the “Company”) is pleased to announce assay results from the first two drill holes of its phase 1 drilling program at its flagship Atocha high-grade silver project in Tolima, Colombia. The third hole is underway as part of Baroyeca’s initial 2,500m phase 1 drilling program at the La Ye vein system, targeting three silver-gold bearing vein zones at depth which have been mapped at surface. Holes AT-21-01 and 02 were drilled northwards dipping 45 and 40 degrees to a depth of 125m targeting the northeastern end of the most prominent San Antonio central vein zone of La Ye vein system. The vein is well exposed at the San Antonio creek for reference and the purpose of the drill holes included testing for associated parallel veins (See Figure 1). The silver-gold bearing veins are hosted mainly in amphibolitic schists with variable amounts of chlorite. The host schist is later intruded by felsic (rhyolite to granodiorite) dikes. Early orogenic banded veins are associated with intense deformation of the host rock (shear zones to mylonitic corridors) and show no hydrothermal alteration |
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