- Baroyeca (BGS) is reporting continued bulk sampling at the Santa Barbara Project in Colombia
- Drifting 25 m to the southwest at Vein #1 averaged 17.08 g/t gold over 18.8 m and 25.85 g/t gold over 19 m
- Assay results from head-grade samples from the discharge point of the second ball mill that were later homogenized returned 18.91 g/t gold
- The company is confident in proving the full extent of Santa Barbara’s high-grade gold system
- Baroyeca Gold & Silver operates high-grade silver and gold projects in Colombia
- Baroyeca (BGS) is up by 4 per cent, trading at $0.13 per share
Baroyeca (BGS) reports continued bulk sampling at the Santa Barbara Project in Colombia.
The company recently processed a second 15,000 kg batch of mineralized vein material at its pilot processing plant.
Exploratory drifting followed Vein #1 from the crosscut towards the southwest for another 25 m. The southernmost branch of the vein (A) averaged 17.08 g/t gold over 18.8 m, while the northernmost branch (B) averaged 25.85 g/t gold over 19 m, for a combined weighted average of 21.42 g/t gold over 0.4 m in the entire interval.
Assay results from the batch’s head-grade samples collected at the discharge point of the second ball mill and later homogenized returned 18.91 g/t gold.
The company expects to resume bulk and channel sampling the vein at the Mariana Mine through a horizontal drift 40 m to the northeast of the former access shaft.
“We continue advancing the Santa Barbara Project while proving the exceptional continuity of high gold grades over 200 m along strike within a single vein and still open to the southwest,” stated Raul Sanabria, President of Baroyeca. “This extrapolates to the other parallel veins already identified in this project.”
“Our exploration tunnelling-bulk sampling approach is paying off as we are not facing any nugget effect or small narrow discrete ore shoots, but the opposite, well-defined veins with evenly distributed high gold grades over long distances. These kinds of gold veins are well known in Colombia for their continuation at depth, and we will soon drill them to prove the full extent of the system,” he added.
Assay results from channel samples Vein #1 (A & B)
| Sample ID | Distance (m) | Au g/t | Ag g/t | Sample ID | Distance (m) | Au g/t | Ag g/t |
| V1S001A | 3 | 1.12 | 3.6 | V1S001B | 3 | 27.74 | 64.9 |
| V1S002A | 6 | 29.26 | 51.4 | V1S002B | 4.8 | 22.28 | 55.3 |
| V1S003A | 7.6 | 17.1 | 41.7 | V1S003B | 6.6 | 18.9 | 64.6 |
| V1S004A | 9.2 | 15.68 | 30.3 | V1S004B | 8.4 | 16.95 | 60.9 |
| V1S005A | 10.8 | 10.46 | 16.4 | V1S005B | 10.2 | 19.82 | 60.7 |
| V1S006A | 12.4 | 22.46 | 41.5 | V1S006B | 12 | 15.16 | 28.8 |
| V1S007A | 14 | 18.07 | 28.2 | V1S007B | 13.8 | 16.92 | 43.4 |
| V1S008A | 16.6 | 8.35 | 14.3 | V1S008B | 15.6 | 18.52 | 59.5 |
| V1S009A | 18.2 | 17.88 | 31.7 | V1S009B | 17.4 | 30.51 | 61.6 |
| V1S0010A | 19.8 | 19.13 | 29.8 | V1S0010B | 19.2 | 29.56 | 51 |
| V1S0011A | 21.8 | 11.69 | 32.5 | V1S0011B | 21 | 58.99 | 105.4 |
| V1S0012B | 22 | 34.78 | 75.7 |
Baroyeca Gold & Silver operates high-grade silver and gold projects in Colombia.
Baroyeca (BGS) is up by 4 per cent, trading at $0.13 per share as of 2:53 pm EST.
