BAROYECA GOLD & SILVER INC. announced additional assay results from its phase 2 drilling program at its flagship Atocha high-grade silver project in Tolima, Colombia. The first hole of this phase 2 program (AT-22-20) intersected two stacked veins roughly 10m apart from each other. The upper vein zone returned 238 g/t AgEq over 0.25m as part of a 1.25m(*) vein interval and the lower vein intersect returned 413.8 g/t Ag (708.03 g/t AgEq) over 0.30m as part of a 1.30m (*) wide vein zone.

The veins are hosted in amphibolitic to graphitic schist. Graphitic schist is the preferred host rock, showing pyritic alteration haloes around the veined zones. Drill core in the mineralized zones appeared very fractured due to a coincident faulted zone in the same zone of the veins and may have affected results due to washing and weathering.

That is the case of hole AT-20-21 where precious metals values were only found in the unaltered part of the veins, returning 0.50m of 111.83 g/t AgEq followed by a second parallel structure returning 0.65m of 136.28 g/t AgEq. Follow up holes on the same mineralized structure at 25m step-outs started to delineate a mineralized shoot with greater strength to the silver and gold mineralization towards the northeast. Hole AT-22-22 intersected a strongly weathered vein zone that returned 0.40m of 986.58 g/t AgEq and 0.50m of 210.33 g/t AgEq.

An undercut hole to this one, AT-22-23, intersected the vein zones, an upper zone of 1m of 316.70 g/t AgEq (including 0.25m of 648.88 g/t AgEq) and a lower vein zone of 0.2m of 231.20 g/t AgEq. Two more holes were completed to the southwest, AT-22-24 and AT-22-25. At hole AT-22-24, the drill core intersected a >4m (not true thickness) wide mineralized zone which appeared very fractured due to a coincident faulted zone in the same area of the veins and in a similar scenario as holes AT-22-21 AND 22, where the hole is drilled at shallow angle parallel to the saprolith contact and weathering may have affected assay results due to the washing of the sulfides.