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Baroyeca Gold & Silver
Crux Investor Index
3
–
Market Cap (USD)
1579682
Symbol
TSXV:BGS
Stage of development
Exploration
Primary COMMODITY
Gold
Additional commodities
Silver
Baroyeca Gold & Silver Inc. is exploring high-grade silver and gold projects in Colombia. The Atocha project is located in a historic colonial silver mining district in Tolima. Recent drilling has intersected high-grade silver and gold mineralization in multiple parallel veins. Surface sampling has returned exceptionally high silver and gold grades. A Phase 2 drill program is underway to follow up on positive Phase 1 results.
The Santa Barbara gold project is situated in a highly prospective gold belt. Sampling has returned high grade gold from numerous closely spaced veins identified on surface. The company has a fully operational pilot processing plant on site conducting bulk sampling, which has returned high gold grades. Cash flow potential exists from additional bulk sampling to fund ongoing exploration efforts.
The company also has an early stage copper project called Zapatoca. Surface sampling has revealed the first occurrence of sedimentary-hosted copper in this region of Colombia, representing a new potential discovery.
Cash flow potential from bulk sampling could assist with exploration funding.
Article
No analyst notes