Tribeca Resources Confirms the Discovery of a 1km Long Mineralized Copper-Gold System at its La Higuera IOCG Project in Chile
Tribeca Resources Corporation (TSXV:TRBC)(“Tribeca Resources”, the “Company”) is pleased to announce results from two 250m step-out drill holes, adding 500m of additional strike length for a total of 1 km to this discovery at the Gaby target. This new discovery is part of the Company’s La Higuera iron oxide copper-gold (IOCG) project, located in the Coquimbo region of northern Chile.
Highlights:
-Results from two drill holes forming a 500m step-out to the north have doubled the strike length of known significant copper-gold sulphide mineralization, at what is now a 1km long mineralized zone at the Gaby discovery
-Drill hole GBY007 intersected 44m @ 0.52% copper, 0.10 g/t gold from 96m depth within a larger mineralized interval of 264m @ 0.31% copper, 0.06 g/t gold.
-Drill hole GBY006 intersected 26m @ 0.51% copper, 0.10 g/t gold from 228m depth within 186.7m @ 0.27% copper, 0.05 g/t gold from 76m to end-of-hole.
-The mineralization remains clearly open to the north and at depth. Integration of the step-out results with new geophysical data provides additional promising drill targets both along strike and adjacent to this discovery.
-Logging and data collection from the drill core is being completed before planning the next phase of drilling to expand what is now a growing copper-gold discovery.
-The two holes reported here have intersected an interpreted approximately 130m-wide NNW-trending sub-vertical zone of magnetite-related IOCG-style copper sulphide mineralization. Read More..