Exploring the Most Prolific, High-Grade Gold & Silver Belts in Colombia

Savvy Stockhouse metals & mining investors know a thing or two about precious metals exploration companies, and what differentiates a contender from a pretender. ... [Open in your browser]( [Investor Alert] [Stockhouse.com]( Exploring the Most Prolific, High-Grade Gold & Silver Belts in Colombia --------------------------------------------------------------- [Visit the company website]( [Facebook]( [Twitter]( the Most Prolific, High-Grade Gold & Silver Belts in Colombia) [LinkedIn]( [Email](mailto:?subject=Exploring the Most Prolific, High-Grade Gold & Silver Belts in Colombia&body= Dave Jackson, Stockhouse Savvy Stockhouse metals & mining investors know a thing or two about precious metals exploration companies, and what differentiates a contender from a pretender. And it almost always comes down to three major considerations – location, grade, and infrastructure. And an experienced management and technical team in a mining-friendly jurisdiction doesn't hurt either. Baroyeca Gold & Silver Inc. (BGS) ([TSX-V.BGS]( [OTCQX: BRYGF]( [Forum]( is a Vancouver BC-based company that clearly meets and exceeds the standards above. The forward-thinking company benefits from excellent infrastructure in the two Colombian mining jurisdictions where it is currently conducting exploration operations, is well cashed up, and boasts an experienced management team along with a knowledgeable boots-on-the-ground technical crew working on both of its projects. Currently, BGS is primarily focused on exploration of precious metals projects in Colombia. The company's [Atocha flagship silver project]( is located in the richest primary silver district of Colombia's northern Tolima province, with historic silver grades reported as among the highest in Latin America. The Atocha Project's massive precious metals potential has only been marginally explored and exposed. This extensive area has never been mined and there are no environmentally or culturally-protected areas within the property. [click image to view larger]( Baroyeca Gold & Silver's highly-prospective [Santa Barbara Project]( is comprised of over 310 hectares strategically located in the core of a prolific gold zone on the northern tip of the Serranía de San Lucas, also known as the richest gold belt in Colombia. The region is surrounded by numerous active small-scale mining operations and artisanal miners, indicating the richness of the gold veins and outstanding potential of the district. [click image to view larger]( [SEE COMPANY PROFILE]( In the News [On March 1st]( Baroyeca announced further assay results from its Phase 1 drilling program at Atocha, with up to 981.45, 669.23 and 502.95 g/t AgEq from additional drill holes. [click image to view larger]( Company President Raul Sanabria, P.Geo., commented: "We continue to show strong consistency of the multiple parallel vein system with multiple veins in every hole drilled and consistent three figure silver grades through the entirety of the La Ye structure, which is our first true discovery in our flagship Atocha Project. From those initial 13 drill holes, Baroyeca hit a series of high-grade intercepts including 2,233g/t AgEq over 0.80m, 1,137g/t AgEq over 0.50m and 981g7t AgEq over 0.40m. From just 13 holes, we achieved more than 25 intercepts returning over 200g/t AgEq at La Ye, with a weighted average grade of 570g/t AgEq (7.6 AuEq g/t) over an average intercept width of 0.50 metres. As predicted, much thicker vein intersects in excess of 5m were found moving towards the southwest, in holes 10 to 12, in line with other comparable areas in the district such as El Gran Porvenir mine to the south. Hole AT-22-13 opens the door to a parallel vein system to the San Antonio continuing towards the southwest as indicated by the number of sub-outcrops on the slopes of the Santa Agueda creek. Completing these first 13 holes at La Ye is giving us a good understanding of our discovery-oriented model which can now be applied to additional targets in other areas of the Atocha property, such as Veta Grande, where the drill is moving next." [On the financial ledger]( recently BGS announced the closing of a $3 million-plus oversubscribed private placement (PP). The company reported that proceeds from the PP will be used for property acquisition costs, corporate administration, property payments, and operating expenses for its Colombian properties and general working capital. Baroyeca Gold & Silver Inc: The Year in Review and 2022 Outlook Baroyeca began 2021 with the acquisition of two highly prospective precious metals properties in Colombia and remains laser-focused entirely on this jurisdiction. The company's cornerstone Atocha Project is located in the historic Santa Ana-Frías Colonial silver district in Tolima, considered one of the highest-grade primary silver projects in the country and competitive in regard to grade vis a vis any modern project in Latin America. At the Santa Bárbara project in the Serranía de San Lucas in Bolivar Province, which many believe to be the richest gold belt in Colombia, Baroyeca completed a milestone 500-ton bulk sample with a head grade of 24 grams per tonne gold, demonstrating the consistent high-grade of the gold-rich veins. With these prospects in hand, the Company was able to raise the capital required to fully-fund its initial exploration programs through 2022 and beyond, attracting the attention of strategic investors and world class advisors providing significant upside to shareholders. To date, Baroyeca has mapped and prospected just over 30% of its flagship Atocha project and during that small span of time has identified more than two dozen high-grade silver and gold targets on the property, which has seen no previous exploration or historical mining. [click image to watch video]( Investors Corner As a cash flowing exploration company offering shareholders and potential investors tremendous exploration upside and potential profitability, Baroyeca Gold & Silver Inc. is poised to deliver results on and under highly prospective ground in two of Colombia's richest gold and silver zones. A series of multiple rock chip samples were obtained in [three exposures of the Veta Grande vein system]( – identified high-grade shoot – and individual samples returned gold values as high as 14.65 g/t Au and 14.20 g/t Au, along with the highest silver values of 3,480, 2,300, 1,955 and 1,570 g/t Ag. Baroyeca also uncovered a new outcrop along the vein proving results as high as 14.4 g/t Au and 420 g/t Ag in chip samples from the western extension of the Veta Grande. These are the kind of sample results that exploration companies and investors often drool over. As indicated in the stock cart below, investors have taken notice of Baroyeca Gold & Silver's very high glass ceiling. The Company says its senior management team and board of directors are completely "committed to creating shareholder value through the discovery process, careful allocation of capital, and environmentally and socially responsible mineral exploration." In three short months, BGS's shareholder value has increased by nearly 60% at press time, demonstrating strong market confidence in a small cap junior exploration company. This is no small feat given the highly competitive nature of the precious metals exploration space at present. [TSX-V.BGS]( stock chart Dec 2021 – Mar 2022. Click image to link to chart) [click image to view larger]( Meet the Team [click image to view larger]( [INVESTOR UPDATES]( From the President In conversation with Stockhouse Editorial, President and Director Raul Sanabria discussed a wide variety of timely and newsworthy topics from Baroyeca's flagship Atocha Project to Colombia's exploding gold & silver mining sector to the company's corporate vision...today and into the future. SH: For our Stockhouse audience that may be discovering your company for the first time, can you please give us a little background history about yourself and a brief overview of your Colombian operations, especially your flagship Atocha project? RS: I'm a geologist by training. I graduated in Spain, so I had my M.Sc. in Spain and I moved to Canada about 16 years ago. And I explored the Yukon, the Golden Triangle, Northwest Territories, and the Red Lake District in Ontario. I've worked in Mexico, Guatemala, Nicaragua, Argentina, Chile, but I spend most of the time in Colombia. I've been working in Colombia for over 10 years and eventually I visited and evaluated most of the projects that were available. Nothing is really new, only more and more developed or changed hands. I ended up working for a public listed company as a chief geologist, but I had interest in two projects, the former, the actual Santa Ana colonial mines and another one in Cali. It's been developed privately for a number of years. We had the Atocha project for more than ten years and Santa Barbara for over five. We built a pilot processing plant, a new tunnel, underground structure. And once everything was a turnkey operation, this is when we actually got it into Baroyeca. So these are not new projects that are bought from artisanal miners or being opportunistic. This is actually something that's been worked privately behind the scenes for almost ten years SH: You've also recently announced some very promising assay results from additional drill holes at your Atocha Project in Tolima Colombia. What are some of the important details here? RS: Yes, from the first 13 holes, we achieved 26 intercepts returning over 200g/t AgEq at La Ye, with a weighted average grade of 570g/t AgEq (7.6 AuEq g/t) over an average intercept width of 0.50 metres. Our first true discovery on this promising property. SH: You've said there's 'tremendous exploration upside potential' in these Colombian mineral belts. How so? RS: Well, you get into a silver belt it's underexplored. It's a dormant district where there's only a few colonial mines and there's been no exploration. You can see the distribution of the mines over that distance. The chances to find something big is high. We've only been there for six months and look at how much we've found. And we stopped ground exploration to start drilling as we got pressure from investors. Now we're going to resume ground exploration in the central part of the property. SH: What differentiates Baroyeca from the competition in the gold & silver exploration space, particularly in Colombia, and what makes your business model unique? RS: One thing is we are not just acquiring a project being opportunistic. We are actually continuing to develop something that was started between five and ten years ago. These are projects that are known and are previously evaluated. And we were looking at the opportunity to take them public, to raise the capital to move them to the next level. The team with the exception of me (I'm Spanish) is Colombian. We use a hundred percent Colombian workforce. We believe in Colombia. Colombia has talent. Our title manager was actually the guy that wrote part of the mining act and was a director of a provincial mining office. Everybody in our team has 20 years plus of experience. They understand the process. They understand the bureaucracy, they understand environmental, and the social, political, so everything is covered. Our projects have merit, we are not going into an artisanal or a former mine that has to be completely refurbished. It will cost you more than actually building a new one. We have our own tunnel built from scratch. So that's our actual mine. Our plant is brand new and we can upgrade it, and we know how to upgrade it because we built it. So that's where we get the cash flow potential. And then on the silver, we were first movers in the district. We are surrounded now by other companies, but we were the first movers. So I think we have the best part of the district and we have enough merit with our prospects. SH: I have to mention your stock has had a very nice bump over the last three months...nearly doubling in in value since mid-December. What can you tell our investor audience regarding the current valuation of your stock and why you think it's still a good buy right now? RS: The market is now realizing that Colombia is still very under explored and has world class potential for major discoveries. That is why we have world class advisors such as John Robins from Discovery Group actively involved in this company, and top investors and shareholders getting positioned in early stages based on the excellent opportunity Baroyeca is providing. The Bottom Line There's an old adage that good business is where you find it. This holds particularly true for when it comes to mining in underexplored and underdeveloped jurisdictions. Historically renowned as the world's largest producer of high-quality emeralds Colombia is now on the cusp of reaping the riches and rewards of its relatively untapped gold & silver exploration sector. For savvy investors in the space, Baroyeca Gold & Silver Inc. is a precious metals play that looks to be worthy of strong attention moving forward into 2022...and beyond. [click image to view larger]( For more information on the company, visit [www.baroyeca.com](. 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