Launch of New Public Mining Company with Advanced Stage Minera Vetas Gold Project in Colombia

Executive Summary
- Terra Rossa Gold Ltd. (TSXV: TRR) announces that its recent TSX.V listing positions the company to restart exploration and development at the advanced‑stage Vetas Gold Project in Santander, Colombia.
- Historical drilling (2010‑2013) on 162 holes (71,035 m) returned several high‑grade intercepts, including >500 g/t Au over 0.74 m and multiple intercepts >70 g/t Au.
- The company plans an extensive underground sampling and drilling program to delineate underground vein resources for future mining.
Key Details
- Project Ownership: 100 % of the Vetas Gold Project (≈313.9 ha) held by Terra Rossa Gold Ltd.
- Historical Drilling Summary: 162 diamond drillholes, total depth 71,035 m completed between 2010‑2013 by CB Gold.
- Highlighted Intercepts:
- ED‑DDH12‑106A (El Dorado): 19.83 g/t Au & 10.6 g/t Ag over 3.3 m (321.43‑324.8 m).
- AR‑DDH11‑06 (Arias zone): 506.69 g/t Au & 89.7 g/t Ag over 0.74 m (162.32‑163.06 m).
- RM‑DDH12‑119 (Real Minera): 78.14 g/t Au & 12.66 g/t Ag over 3.31 m (98.2‑101.51 m).
- Additional Notable Intercepts (selected from Table 1):
- RM‑DDH11‑046: 40.89 m @ 17.17 g/t Au, 1.5 g/t Ag.
- AR‑DDH11‑062: 0.74 m @ 506.69 g/t Au, 89.7 g/t Ag.
- RM‑DDH13‑145: 1.00 m @ 4.88 g/t Au, 134 g/t Ag.
-
Assay Quality Control: Samples processed by ALS (Bogotá/Lima) and ACME (Medellín/Vancouver) labs; ISO 17025 accredited; industry‑standard blanks, duplicates, and certified standards used.
-
Planned Near‑Term Activities:
- Compile existing data and conduct detailed underground mapping of historic workings.
-
Perform extensive underground channel sampling and prioritize targets for drifting and underground diamond drilling.
-
Geological Context: Vetas lies in the prolific Vetas‑California Mining District, adjacent to the multi‑million‑ounce Soto Norte project; mineralization consists of narrow high‑grade Au‑Ag veins and stockwork zones hosted in epithermal settings.
-
Management Comment: “Our recent TSX.V listing provides the capital platform needed to re‑activate Vetas and advance a high‑potential underground resource,” said Patrick Downey, CEO.
Notable Quotes
- “The historic drill results demonstrate world‑class grades that justify an aggressive underground exploration program,” – Patrick Downey, CEO.