- Baroyeca Gold & Silver (BGS) has provided an update on the Santa Barbara Gold Project in Bolivar, Colombia
- The National Mining Agency approved the transfer of 214.3345 hectares to Minera La Fortuna SAS, a 100-per-cent Colombian subsidiary of Baroyeca
- Baroyeca plans to continue to improve access infrastructure to the Mariana mine, providing road access directly into the mine portal, and construction of ancillary service infrastructure and buildings
- Baroyeca Gold & Silver Inc. is a mineral exploration company focused on high-grade silver and gold projects located in Colombia
- Baroyeca Gold & Silver Inc. opened trading at C$0.09 per share
Baroyeca Gold & Silver (BGS) has provided an update on the Santa Barbara Gold Project in Bolivar, Colombia.
The National Mining Agency (Agencia Nacional de la Mineria, ANM), in September, approved the transfer of 214.3345 hectares to Minera La Fortuna SAS, a 100-per-cent Colombian subsidiary of Baroyeca Gold & Silver Inc., which will be registered with the In plate number 0-439C1.
Baroyeca plans to continue to improve access infrastructure to the Mariana mine, providing road access directly into the mine portal and construction ancillary service infrastructure and buildings.
“As we continue on track advancing our Santa Barbara project, one big milestone was to secure title and this resolution approving the title transfer of the 0-439C1 secures our investment in on-the-ground infrastructure development,” said Raul Sanabria, President of Baroyeca.
“Our team is working on a mine plan following the highest technical standards while at the same time we are getting ready to mobilize a drill rig to test these veins at depth and along strike,” he added.
Baroyeca targets a 1,500-metre drill program at the Santa Barbara project to test the down dip and along strike extensions of the known vein systems anticipated to start before the end of November 2022.
The company’s mining engineering team is focused on improving ground access to the Mariana mine and conducting underground tunnel upgrades to accelerate access to the fresh (unaltered) part of the vein below the saprock boundary.
Baroyeca will continue with the bulk sampling/channel sampling in this area of the project immediately west of the Pilot Processing Plant.
Rock samples are shipped by transport truck in sealed woven plastic bags to the SGS sample preparation facility in Medellin, Colombia, for sample preparation and analysis. SGS operates according to the guidelines set out in ISO/IEC Guide 25.
Gold is determined by the fire-assay fusion of a 50 g sub-sample with atomic absorption spectroscopy (AAS).
Samples that return values >10 ppm gold from fire assay and AAS are determined by using a fire assay and a gravimetric finish.
Silver is analyzed by inductively-coupled plasma (ICP) atomic emission spectroscopy following multi-acid digestion. Silver is determined by ore grade assay for samples that return >500 ppm.
Baroyeca Gold & Silver Inc. is a mineral exploration company focused on high-grade silver and gold projects located in Colombia.
Baroyeca Gold & Silver Inc. opened trading at C$0.09 per share.
