Baroyeca Gold & Silver - Exploring Colombia's Untapped Mineral Potential

• Baroyeca Gold & Silver (BGS) is a Toronto Stock Exchange-listed company exploring gold and silver belts in Colombia.
• Projects include Santa Ana (high-grade silver district) and Santa Barbara (developing a pilot processing plant).
• Colombia has shown improvements in infrastructure, security, and regulations. Changes in government and upcoming elections create some uncertainty, but major impacts on operations are unlikely.
• Mining laws have evolved positively in the past decade, becoming more efficient and transparent.‍‍
• Exploration is focused on silver and gold veins, with drilling and prospecting ongoing.
• Plans to expand projects, possibly through mergers and acquisitions, and to build a strong presence in Colombia's mining sector.

About Baroyeca Gold & Silver

Baroyeca Gold & Silver (BGS) is a Toronto Stock Exchange-listed mining company focused on exploring and developing high-grade silver and gold projects in Colombia. Led by experienced mining executive Raul Sanabria, Baroyeca Gold & Silver was formed in 2021 through the acquisition of privately-held Colombian assets with over a decade of exploration history. With major backers and advisors on board, Baroyeca is poised to unlock Colombia's vast untapped mineral potential.

Interview with President, Raul Sanabria

Promising Projects in a Stable Jurisdiction

A key draw for Baroyeca Gold & Silver is Colombia itself. Long known for oil, gas, coal and gold production, Colombia is an increasingly stable and business-friendly jurisdiction. President Raul Sanabria notes that the country has invested heavily in infrastructure, security and transparency over the past decade. While upcoming elections bring some uncertainty, major disruptions to the mining industry are considered unlikely. Mining laws have modernized to be more efficient and digitized. With only 5% of Colombia's land currently claimed for mining, immense opportunities remain.

Baroyeca's flagship properties are the 2600-hectare Santa Ana high-grade silver district, and the nearby Santa Barbara pilot processing plant. Exploration and drilling is ongoing across multiple identified veins at Santa Ana, with impressive early results including intercepts over 6m wide and 1000g/t silver. Meanwhile, the Santa Barbara pilot plant provides crucial data to inform ongoing exploration and development. A 500-tonne bulk sample averaged 24g/t silver, confirming potential.

Seasoned Leadership and Backing

Leading Baroyeca is geologist Raul Sanabria, who brings over 20 years of mining industry experience. He is supported by an accomplished team based in Colombia, as well as mining entrepreneur John Robbins as a special advisor. Robbins' Discovery Group has helped incubate and finance dozens of successful mining ventures over the past two decades.

Additionally, Baroyeca has attracted over $7 million in funding from high-net-worth individuals and networks, predominantly in Canada. The company is tightly held with only 52 million shares outstanding, and major backers on board.

Plans for Growth

With exploration ongoing and funding secured, Baroyeca plans to continue expanding its presence in Colombia. This includes assessing mergers and acquisitions to acquire additional promising properties and teams. Baroyeca also aims to advance the Santa Barbara pilot project to become a small-scale producer, providing additional funding for exploration.

Longer term, the company intends to establish itself as a major player in Colombia's mining sector. With ample prospective land left unclaimed, Baroyeca has first-mover advantage to lock up the most promising properties. Additionally, the company plans to generate and spin off new projects, leveraging its in-country expertise.

Silver Lining

Raul Sanabria sees strong tailwinds for silver over gold, given widespread supply deficits versus booming industrial demand. With seizure of the Russian Central Bank's reserves and increased sanctions risk, countries are also growing wary of holding dollars. Baroyeca's high-grade silver assets are thus strategically positioned. As Zanabre notes, the world needs hundreds of millions more ounces of silver production annually from juniors like Baroyeca.

Risks & Opportunities

Risks

• Exploration and mining risks - As with any mining company, there is no guarantee that exploration will successfully locate economically viable deposits. Mine development may also face challenges.
• Political/jurisdictional risks - Though Colombia has made strides, some policy uncertainty remains around upcoming elections. Tax/royalty changes could impact profitability.
• Funding risks - Additional funding may be needed for continued exploration and expansion. Share dilution or unfavorable financing terms are possible.
• Silver price volatility - As a primary silver producer, Baroyeca's valuation is heavily dependent on silver prices. Major price swings could occur.
• Early stage company - The limited operating history comes with higher execution risks.

Opportunities

• Significant silver/gold deposit discoveries - Exploration success could quickly transform Baroyeca's valuation with a major new deposit find.
• Rising silver demand - Strong tailwinds from industrial demand and safe haven buying could buoy silver prices. Baroyeca offers leverage.
• Colombia mining boom - The country's vast mineral potential and stable jurisdiction provide ample upside. Baroyeca has first-mover advantage.
• M&A opportunities - Baroyeca is well-positioned to acquire additional properties and teams at favorable valuations.
• Potential spin-offs - Baroyeca can incubate new projects and spin them out, creating shareholder value.
• Strong backers - Major investors and advisors add credibility and access to capital/expertise.

Conclusion

For investors seeking leverage to rising precious metals demand alongside strong exploration upside, Baroyeca Gold & Silver presents a compelling opportunity. With promising assets, seasoned leadership, strategic backing and ambitious growth plans, Baroyeca has the key ingredients for success. There is still time to get in early before the next leg up in silver prices and the company's ongoing exploration progress catalyze a potential re-rating. Take a close look at adding Baroyeca Gold & Silver to your mining portfolio.