Barranco Gold Mining Corp. Reports Promising Gold Assays at King Project

In a significant development for Barranco Gold Mining Corp., the company has announced encouraging results from its initial rock sampling program at the King Property, a 100%-owned gold project situated in the Spences Bridge Gold Belt of British Columbia. This news, reported on June 9, 2025, by multiple financial news outlets, underscores the potential of Barranco’s exploration efforts in Canada’s newest gold district.

The King Property, strategically located approximately 50 kilometers south of Merritt and 50 kilometers west of Kelowna, spans nine contiguous mineral claims covering 3,456 hectares. The property is part of the Quesnel Terrane and is underlain by multi-phase intrusive rocks of the Osprey Lake and Pennask Batholiths, intersected by quartz-feldspar porphyry dykes, which are known for their gold-bearing potential.

Barranco’s field team conducted a comprehensive rock sampling program, collecting a total of 31 samples from outcrops, float material, and altered zones across structurally controlled targets within the Main and Central Grid areas. The assays, performed at Activation Laboratories in Ancaster, Ontario, using fire assay with atomic absorption (FA-AA) and ICP-OES, have returned promising results. The highest gold value recorded was 1.83 grams per tonne (g/t) from sample 906575, with additional samples showing elevated levels of copper, zinc, arsenic, and antimony.

These findings are particularly noteworthy given the property’s strategic location within the Spences Bridge Gold Belt, a region that has recently emerged as a significant gold district. The King Property’s proximity to Highway 97C (Okanagan connector) enhances its accessibility, further bolstering its exploration potential.

As of June 5, 2025, Barranco Gold Mining Corp. is listed on the Canadian National Stock Exchange with a close price of CAD 1.84. The company’s market capitalization stands at CAD 55,240,000, reflecting investor interest in its exploration activities. The 52-week high and low prices of CAD 2 and CAD 0.15, respectively, highlight the volatility and potential for growth in the company’s stock value.

Looking ahead, Barranco’s significant gold assays at the King Property position the company favorably within the gold exploration sector. The promising mineralized system indicated by the assay results suggests potential for further exploration and development. Investors and industry observers will be keenly watching Barranco’s next steps as it seeks to capitalize on the opportunities presented by the Spences Bridge Gold Belt.

In summary, Barranco Gold Mining Corp.’s recent assay results from the King Property mark a pivotal moment for the company, reinforcing its commitment to advancing its exploration efforts in one of Canada’s most promising gold districts.