Tribeca Resources Corporation announced results from extension geophysical surveying (Induced Polarization - IP) at the Gaby discovery, which is part of the La Higuera IOCG project in northern Chile. The results provide new chargeability anomalies that significantly extend the chargeable zone at Gaby to the north, providing encouragement that recently intersected mineralization continues beyond the limits of current drilling. IP Geophysical Survey: The IP survey comprised two lines, for 4.4 line-kilometres, located approximately 650 metres apart. The survey lines were configured in a NNE orientation (025°), slightly oblique to the north-south lines historically surveyed in the area, in order to avoid additional infrastructure (a road upgrade and new transmission powerline) erected in the area since the original surveying in 2004-2008. The survey used a 100m pole-dipole array and utilized a n=1 to 20 configuration that nominally represents a greater depth penetration than previous surveying at the target in 2004-2008, which utilized a n=1 to 6 configuration. The survey was undertaken by the same contractor that completed the original survey. Line 750E: Line 750E hosts an 800m long +20 mV/V chargeability anomaly, peaking at 26 mV/V in the inverted data. The resistivity inversion indicates a resistive basement in this zone, beneath a highly conductive horizontal layer that represents the gravel cover and weathered top of basement. Importantly, this line indicates that the 20 mV/V chargeable anomalism defined in the historical surveying continues to the north. The two drillholes that have pierced this cross-section (GBY006 and GBY007) are on the flank of and within the southern portion of the anomaly, with both intersecting significant copper-gold mineralization. This chargeability anomaly represents a strong drill target and given the NNE orientation of the survey line there is also potential that the mineralization drilled to date may also expand, or trend, towards the east off the current north-south zone drilled to date. Line 1400E: Line 1400E hosts a strong coincident chargeability and low resistivity anomaly at its southern end. The geometry of the anomaly suggests a potentially north-dipping
low resistivity zone. Drilling in the two holes to the west, 30-60m off-section, encountered intervals of copper mineralization towards the end of the holes (e.g. 22m @ 0.15% Cu in RCH-LH-12 and 14m @ 0.24% Cu in RCH-LH-10). These coincident chargeability and low resistivity anomalies represent a new drill target well east of Tribeca's drilling to date. The northern end of Line 1,400E hosts a chargeability anomaly of 17-19 mV/V
amplitude (Error! Reference source not found.), evident over approximately 450m length of the line. It is not known if this is related to the highly chargeable zone in the northern end of Line 750E. Together the two new lines of IP data provide strong encouragement for the extension of
mineralization to the north of current drilling and provide an additional target to the east of the main Gaby trend.