공시 • Dec 16
Terra Rossa Gold Announces to Recommence Exploration and Development Work on its Advanced Stage Veta's Gold Project Located in Santander, Colombia
Terra Rossa Gold Ltd. announced the launch of its newly redesigned website, reflecting the Company's evolution as it advances the well established and exciting Minera Veta Gold Project in Colombia. The website will serve as a central hub for updates on Terra Rossa Gold milestones, including advancements in its Veta's Gold Project, exploration results, and key corporate developments. Visit the new website at <URL> to explore Terra Rossa's evolving story. Terra Rossa Gold is well positioned to recommence exploration and development work on its advanced stage Veta's gold project located in Santander, Colombia, three kilometres north of the multimillion-ounce Soto Norte gold project. The company holds 100% of the Vetas gold project. The project was drilled from surface by CB Gold between 2010 and 2013, outlining several gold bearing veins and stockwork systems, highlighting the potential for high-grade gold and silver vein mineralization. A total of 162 diamond drill holes totaling 71,035 m were completed on the property between 2010 and 2013. Highlight assay results include: Drill hole ED-DDH12-106A from El Dorado returned assays of 19.83 grams per tonne Au (gold) and 10.6 g/t Ag (silver) over 3.3 m between 321.43 m to 324.8 m depth; Drill hole AR-DDH11-06 from the Arias zone returned assays of 506.69 g/t Au and 89.7 g/t Ag over 0.74 m between 162.32 m to 163.06 m; Drill hole RM-DDH12-11 from Real Minera returned assays of 78.14 g/t Au and 12.66 g/t Ag over 3.31 m between 98.2 m to 101.51 m. Vetas lies within the prolific Vetas-California mining district, within a belt of epithermal gold-silver occurrences. including the Soto Norte project. The Vetas gold project is located adjacent to the town of Vetas, a historic mining community, approximately 70 kilometres northeast of the city of Bucaramanga. Mineralization and artisanal mining at the Vetas gold project comprise several narrow high-grade Au-Ag-bearing veins striking northeast and northwest, moderate to steeply dipping. The area has a long history of gold mining dating back to at least the seventeenth century. Modern exploration at Vetas was only commenced by CB Gold in September, 2009, and ended in 2013. The company plans to advance the Vetas project in the near term with an extensive underground sampling and drilling program with the goal to better understand and expand the delineation of high-grade vein resources exploited by underground mining methods. This work will initially involve compiling existing data, detailed underground mapping of existing mine workings, detailed underground channel sampling and prioritizing targets for subsequent drifting and underground diamond drilling. Previous operators, CB Gold, used industry standard best practice quality control procedures during collection of drill core data, including the insertion of commercial certified control samples, sample blanks and duplicates to monitor the accuracy and precision of their analytical results. From Oct. 29, 2009, until July 25, 2011, samples were sent to ALS laboratories sample preparation laboratory inogota, Colombia, where they were dried, crushed, split and pulverized. Subsequently, 250-gram pulps were sent to ALS's laboratory in Lima, Peru, for analyses. From Aug. 28, 2011, to July 24, 2013, samples were sent to the ACME laboratories sample preparation laboratory in Medellin, Colombia, where they were dry, crushed, split and pul Verized. Subsequently, 250 g pulps were sent to ACME's laboratory in Vancouver, B.C., for analyses. Drill core samples were analyzed for a 34-element suite, including Au and Ag, by ICP-MS. All samples with Au results in excess of 0.075 part per million were sent for full metallic screen fire assay. Sam identified by the logging geologists to contain visible gold or otherwise thought to contain high-grade mineralization were automatically sent for full metallic screen fire test with an AA finish. If the metallic screen fire assay with an AA finish. If The metallic screen minus fraction was in excess of 10 ppm Au, then a gravimetric finish was in excess of 10 ppm gold assay with an AA finish was in excess of 10pp Au, then a gravimetrical finish was in excess of 10 pp Au, then a gravimetas. If the metallic screen fire assays. If the metallic screen fire test. If the metallic screen fire Assays. If the metallic screen minus fraction was in the metallic screen minus fraction was sent for full metallic screen minus fraction was in additional gold assay. If the metallic screen fire drill holes in excess of 10 ppm Au.