Baroyeca Gold & Silver Corp. is a public Vancouver (TSX.V-BGS) based mining exploration company incorporated in 2006 to acquire, explore and develop high-quality mineral properties. Currently, Baroyeca is focused on exploring its Baroyeca property in Mexico.
$1.5 million Exploration Program
Baroyeca is planning on launching a 2-phase $1.5 million exploration program to follow up on the report’s recommendations, including 3,000 metres of drilling. The Company is being sponsored by Haywood Securities Inc. to list on the TSX Venture Exchange by way of an IPO, and to raise up to $3 million to fund its exploration and development activities at Baroyeca.
Baroyeca has an experienced management team including two prospectors and a geologist with over 40 years of experience each. Baroyeca is committed to building shareholder value by successfully financing and developing its project.
Over 8,000 hectares with 5 mineral concessions
The Baroyeca property is situated in Sonora State, Mexico, 225 kilometres southeast of Hermosillo and 40 kilometres northeast of Ciudad Obregon. It is comprised of 5 mineral concessions which cover an area of 8369 hectares. Baroyeca Gold & Silver Inc. holds four of the claims under option, while the remaining larger claim is wholly owned by the company. The author was retained by Baroyeca Gold & Silver Inc. to complete the following report on the property. The purpose of the report is to summarize previous work on the property, including the 2007-9 work programs by the company, and to make recommendations for further work.
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