Remaining Drill Holes At The Western Extension Of La Ye Target In Atocha Project

VANCOUVER — Baroyeca Gold and Silver, Inc. reported on the remaining assay results from its Phase 2 drilling program in the western extension of La Ye mineralized corridor at its Atocha silver and gold project in Tolima, Colombia. The Company drilled approximately 1,400m in 12 holes. Follow up drill holes of this Phase 2 program continued delineating the boundaries of the mineralized shootintersecting multiple sets of stacked veins, with up to four of them in the northernmost holes. The veins are hosted in amphibolitic to graphitic schist and a precursor high grade silver-gold zone is markedly delineated by an outer zone comprised of swarms of late white quartz epithermal veins. Graphitic schist is the preferred host rock, showing pyritic alteration haloes around the veined zones. Hole AT-22-22 intersected 0.50m of 210.33 g/t AgEq followed by 0.40m of 986.58 g/t AgEq. An undercut hole to this one, AT-22-23, intersected the same vein zones, including an upper zone of one meter of 316.70 g/t AgEq (including 0.25m of 648.88 g/t AgEq).

Follow up holes towards the north included hole AT-22-27 that intersected 138.83 g/t AgEq over 0.70m and 447.38 g/t AgEq over 0.65m. Hole At-22-28 to the north of the previous hole continued intersecting the vein system returning 247.03 g/t AgEq over 0.50m and 130.65 g/t AgEq over 0.35m. The following hole in the structure, AT-22-29, returned 304.68 g/t AgEq over 0.35m for another 25m step out in hole AT-22-30 returning 261.33 g/t AgEq over 0.55m.

Hole AT-22-31 intersected the widest vein zone interval in the target, over 7 meters, but lacking any sulfide content and it only returned trace gold and silver values. An undercut hole AT-22-32 between holes 29 and 30 returned 135.30 g/t AgEq over 0.36m. The mineralized shoot extends for approximately 200m along strike with a 30o rake to the north, remaining open at depth. It is offset to the south by an E-W late fault.

Raul Sanabria, P.Geo., President, said, “We have successfully completed our initial objective of delineating and characterizing the first of the several vein corridors found on the property. The drill program has demonstrated continuity for a strike length in excess of 1km and two high-grade silver-gold zones have now been delineated for deeper follow-up drilling. The vein corridors are regional-scale structures reactivated by several mineralizing pulses where they form higher grade silver and gold zones or shoots at certain frequencies. Despite the narrower widths of the precursor silver enriched mineralized zone in this second target compared to the main La Ye, the system supports consistent AgEq grades in the hundreds of grams per tonne and is large and regional in scale. Baroyeca has so far only tested the shallower parts of system to connect the surface exposures with the inferred structures and following them along strike. This has proven the first continuous 1km plus vein corridor. The drill rig has now started drilling a separate parallel structure 1km to the South in what is known as the Tavera target."