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VANCOUVER, BC, Dec. 29, 2025 /CNW/ - Barranco Gold Mining Corp. ("Barranco" or the "Company") (CSE: BAR) (FWB: 314) is pleased to announce that it has it has engaged a team to complete a mineral sampling program on its mineral claims located on Reserve Island, Ontario. The team is will be led by Mark Brazeau, a Professional Prospector with over 30 years of experience in Northern Ontario, and overseen by Jim Atkinson, Professional Geologist with over 50 years of experience, who will act as QP (Qualified Person) and such visit the sampling site, review lab results, and submit a certification letter.
The team plans to focus on the two historic areas, and expect to retrieve approximately 100 samples, which will be GPS tagged, and processed at the mineral processing facility in Timmins, Ontario. The sampling program is expected to commence in early spring 2026 as soon as weather conditions permit.
"As previously stated, we now have completed a detailed mapping of our claims, and reviewed historical data. Our conclusion is a mineral sampling program is well justified. As we such, we have engaged a professional team to undertake this assignment as soon as possible," said Reno J Calabrigo, Chief Executive Officer of Barranco Gold Mining Corp.
Next Steps
The Company will provide an update as to a sampling program start date, and expected date for receipt of certified results when available.
The Canadian Securities Exchange has not in any way passed upon the merits of the matters referenced herein and has neither approved nor disapproved the contents of this news release.
Forward-Looking Statement:
This news release may contain statements that constitute "forward-looking information" within the meaning of applicable securities laws, including statements regarding the plans, intentions, beliefs and current expectations of the Company with respect to future business activities and operating performance. Forward-looking information is often identified by the words "may", "would", "could", "should", "will", "intend", "plan", "anticipate", "believe", "estimate", "expect" or similar expressions and includes information regarding, among other things, expectations for other economic, business, and/or competitive factors. Investors are cautioned that forward-looking information is not based on historical facts but instead reflects expectations of the Company's management, estimates or projections concerning future results or events based on the opinions, assumptions and estimates of management considered reasonable at the date the statements are made. Although the Company believes that the expectations reflected in such forward-looking information are reasonable, such information involves risks and uncertainties, and undue reliance should not be placed on such information, as unknown or unpredictable factors could have material adverse effects on future results, performance or achievements of the Company. Among the key factors that could cause actual results to differ materially from those projected in the forward-looking information are the following: changes in general economic, business and political conditions, including changes in the financial markets; changes in applicable laws; and compliance with extensive government regulation. This forward- looking information may be affected by risks and uncertainties in the business of the Company and market conditions. Should one or more of these risks or uncertainties materialize, or should assumptions underlying the forward- looking information prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, believed, estimated or expected. Although the Company has attempted to identify important risks, uncertainties and factors which could cause actual results to differ materially, there may be others that cause results not to be as anticipated, estimated or intended. The Company does not intend, and does not assume any obligation, to update this forward-looking information except as otherwise required by applicable law.
Reno J Calabrigo,
Chief Executive Officer,
info@barrancogold.com,
www.barrancogold.com
SOURCE Barranco Gold Mining Corp
NORTH VANCOUVER, BC, Sept. 2, 2025 /CNW/ - Barranco Gold Mining Corp. ("Barranco" or the "Company") (CSE: BAR) is pleased to announce that it has signed a definitive agreement with Rio Minerals Limited ("Rio Minerals") to undertake the second phase of exploration at the Company's 100%-owned King Property, located in the Nicola and Similkameen Mining Divisions of south-central British Columbia. The King Property comprises nine contiguous mineral claims totaling 3,456 hectares.
The Phase Two program follows the successful 2020 and 2023 work programs, which identified multiple gold and copper anomalies across the Central, East, and South grids. Previous soil and rock sampling returned strongly anomalous values, including up to 1,830 ppb gold, 166 ppm copper, and 860 ppb gold in soils (see NI 43-101 Technical Report, November 22, 2023).
Phase Two Exploration Program:
Under the terms of the agreement, the contractor will:
- Expand and resample the Central and East grids to further define gold and copper anomalies.
- Conduct systematic surveys over the King 6 and King 8 MINFILE showings.
- Undertake ground geophysics across the Central and East grids once expanded.
- Submit all geochemical samples to Actlabs in Kamloops for 30 g Au fire assays with ICP-MS multi-element analysis.
- Render new geophysical data into 3D GIS imagery for drill target generation.
- Cover the entire Main and East Grids with approximately 80 km of continuous ground magnetic surveys.
Management Commentary
"We are excited to advance the King Project with Rio Minerals, who have extensive technical experience in British Columbia exploration," stated Reno J. Calabrigo, CEO of Barranco Gold Mining Corp. "With multiple gold and copper anomalies already outlined in soils, rocks, and stream sediments, the Phase Two program is designed to refine these targets into priority drill locations. This is an important step toward unlocking the potential of the King Property in a proven mining district that hosts both past producers and current gold deposits."
Qualified Person
The technical information in this news release has been reviewed and approved by Derrick Strickland, an independent Qualified Person as defined under National Instrument 43-101.
About Barranco Gold Mining Corp.
Barranco Gold Mining Corp. is a Canadian exploration company focused on advancing its 100%- owned King Property in British Columbia. The project is strategically located between the historical Brenda Mine to the east and the Elk Gold Mine to the west, in a prolific mineralized belt. Barranco is committed to creating shareholder value through disciplined exploration and responsible development. Mineralization on adjacent properties may not be indicative of the mineralization on Barranco Gold Mining Corp's property.
Forward-Looking Statements
This news release contains "forward-looking information" within the meaning of applicable securities legislation, including statements regarding the scope, objectives, timing, and expected outcomes of the Phase II exploration program. Forward-looking information is based on assumptions and is subject to known and unknown risks, uncertainties, and other factors that may cause actual results to differ materially. Such risks include, among others, regulatory approvals, operating risks, availability of personnel and equipment, weather, market conditions, and geological uncertainties. Barranco does not undertake to update forward-looking information except as required by law. The Canadian Securities Exchange has not reviewed, approved, or disapproved the contents of this news release.
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SOURCE Barranco Gold Mining Corp