The ATOCHA project consists of 2,585 ha of highly prospective ground, in northern Tolima, an area with excellent accessibility, favorable topography and working conditions.
Its extensive Colonial mining history provides ample validation why this area is regarded as the highest-grade primary silver district in Colombia, with historic silver grades reported as among the highest in Latin America.
There is an exceptional geologic setting which translates into very favourable regional structures throughout the property (the “Atocha Corridor”), resulting in a very high vein densities with a vast number of high-grade silver-(gold) showings exposed right at surface within the property area. There are +25 km cumulative strike length of silver-gold bearing veins identified from surface exposures.
Highest gold and silver grades were obtained from previous operator Condor Precious Metals. A series of rock chip samples were taken in three exposures of the Veta Grande vein system and individual samples returned gold values as high as 14.65 g/t Au and 14.20 g/t Au, and highest silver values of 3,480, 2,300, 1,955 and 1,570 g/t Ag. Baroyeca discovered 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 showings and extended an extra 100m the length of the identified high-grade shoot.
Baroyeca identified two new vein zones named El Erizo vein and Perrika vein in Q4-2020. Rock chip samples at El Erizo vein returned silver values as high as 951, 839, and 691 g/t Ag. Chip samples from Perrika vein returned 5.70 g/t Au and 696 g/t Ag and 6.91 g/t Au and 510 g/t Ag and a parallel El Cucharo vein returned higher gold values (17.59, 15.01 and 10.89 g/t Au) and 217.6, 187.2 and 168.t g/t Ag.
La Ye vein zone demonstrated the existence of a major structural deformation corridor with a wide associated vein system. The primary vein system at La Ye is comprised of at least 6 major veins and several smaller associated parallel veins covering a strike length in excess of 500m, open in both directions. Mapping has been possible due to the existence of a vast number of exposures and outcrop occurrences and the first batch of rock chips collected in Q2-2021 at outcrops and sub-outcrops average 182 g/t Ag (or 304.4 AgEq).
A series of sub outcrops were found prospecting along the Tavera-Rancho Grande-Las Guaduas vein system that returned high-grade silver assay results with anomalous gold values (up to 969.3, 726.5 and 658.4 g/t AgEq) in grab samples extending its trend for more than 1km along strike.
During early 2021, local crews were prospecting the central part of the property and several additional vein exposures were found.
The Atocha Project’s potential has only been marginally explored and exposed. The area has never been mined and there are no environmentally or culturally protected areas within the property