Core Viewpoint - 0749116 B.C. Ltd. (dba Terra Rossa Gold Ltd.) has successfully listed on the TSX.V under the symbol TRR, enabling the company to resume exploration and development of its Vetas Gold Project in Santander, Colombia, where it holds 100% ownership [2][3]. Company Overview - The company is focused on gold exploration and development, with a well-financed structure and an experienced team in place [17]. - A local exploration and administration team operates in Colombia, along with a community relations office in Vetas [17]. Vetas Gold Project Details - The Vetas Gold Project is located in the Vetas-California Mining District, approximately 70 km northeast of Bucaramanga, Colombia, covering an area of about 313.9 hectares [14][4]. - The project has a history of gold mining dating back to the seventeenth century, with modern exploration initiated by CB Gold from 2009 to 2013 [4][5]. Exploration and Drilling History - Between 2010 and 2013, a total of 162 diamond drillholes were completed, totaling 71,035 meters, revealing several high-grade gold and silver veins [3][4]. - Notable assay results include: - Drillhole ED-DDH12-106A: 19.83 g/t Au and 10.6 g/t Ag over 3.3 m [3]. - Drillhole AR-DDH11-06: 506.69 g/t Au and 89.7 g/t Ag over 0.74 m [3]. - Drillhole RM-DDH12-11: 78.14 g/t Au and 12.66 g/t Ag over 3.31 m [3]. Future Plans - The company plans to advance the Vetas Project with an extensive underground sampling and drilling program aimed at better understanding and expanding high-grade vein resources [5]. - Initial work will include compiling existing data, detailed underground mapping, and prioritizing targets for further drilling [5].
Launch of New Public Mining Company with Advanced Stage Minera Vetas Gold Project in Colombia
Globenewswire·2025-10-23 12:00