BAROYECA GOLD & SILVER
INC.
1008 - 409 Granville Street
Vancouver, BC V6C 1T2
Telephone (604) 689-5002 Fax: (604) 689-5003
TSX-V:
BGS
VANCOUVER, BC, March 5, 2021 /CNW/ - Baroyeca Gold &
Silver Inc. (TSXV: BGS) ("Baroyeca" or the "Company") is
pleased to announce that Raul
Sanabria, M.Sc., EurGeol. and P.Geo., has been appointed a
director and President of the Company.
Raul has more than 20 years of progressive experience in the
mining and exploration industry worldwide with a long trail of
discoveries to his credit. He has worked in Europe, West
Africa, Canada and in
several countries of Central and South
America, mainly exploring for precious metals. Raul has been
continuously developing projects in Colombia since 2010. He is an early mover in
private mining projects in Colombia, such as Condor Precious Metals Inc.,
developing the Santa Ana project until its sale to Red Eagle
Mining; Malabar Gold Corp./Minera
Fortuna and Minera Colibri Gold SAS. He consolidated and
assisted materializing ASM Fluorspar mining in Utah into Ares Strategic Mining, where he
currently serves as VP Exploration. Recently held senior
exploration positions for Rover Metals Corp, Victoria Gold Corp,
Tudor Gold Corp and Red Eagle Exploration (Colombia projects), former VP Exploration of
American Creek Resources, G4G Resources, Northern Iron Corp, and
Principal Geologist and CEO for Condor Precious Metals Inc. He has
a M.Sc. Geology by the Universidad Complutense de Madrid (Spain) with completed thesis in Fe-REE-Skarn
deposits and is Qualified Person for NI43-101 purposes (P.Geo,
EurGeol.)
Rick Wilson, CEO commented: "We
are very pleased that Raul has agreed to join our board of
directors and assume the role of President of the Company. Raul's
extensive experience with precious metals deposits in Colombia will be a tremendous asset as the
Company moves forward with the development of its recently acquired
properties."
About Baroyeca Gold & Silver Inc.
Baroyeca Gold & Silver Inc. is a mineral exploration company
focused on high-grade silver and gold projects located in
Colombia. Baroyeca's flagship asset is the high-grade Atocha
Silver-Gold Project located in Tolima Department, Colombia. The Company also holds an option to
acquire a 100% interest in the Santa Barbara Property, Bolivar
Department, Colombia, which is
renowned for its high-grade gold mineralization and vein
density. Current exploration activities on the Santa Barbara
Property involve the bulk sampling of vein structures, which
material then feeds into a trial production facility which has
consistently been producing gold for over a year. The revenue from
the sale of produced gold defrays part of the operating costs. The
Company is planning to expand these activities.
BAROYECA GOLD & SILVER INC.
Per: "Richard
Wilson"
Richard
Wilson, President and CEO
Neither TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
SOURCE Baroyeca Gold & Silver Inc.
