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Outcrop Silver & Gold Corp V.OCG

Alternate Symbol(s):  OCGSF

Outcrop Silver & Gold Corporation is a Canada-based company focused on exploring precious metals in Colombia. The Company is advancing the Santa Ana high-grade silver deposit with ongoing expansion drilling. The Company is also progressing exploration on three gold projects in Colombia. The 100% owned Santa Ana project comprises over 27,697 hectares (ha), 6,475 ha titled in the northern Tolima Department. The project is located approximately 15 kilometers (km) southeast of the town of Mariquita and 190 km from Bogota. Its Mallama project comprises approximately 9,036 ha of titles located in Narino Department. The property covers a large portion of the Piedrancha district and hosts more than thirty-five mapped and projected epithermal veins. Its Oribella project comprises about 20,000 ha and is located in Antioquia Department within the Middle Cauca Belt metallogenic province. Its Argelia project comprises approximately 4,355 ha of applications located in Antioquia Department.


TSXV:OCG - Post by User

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Comment by LondonInveston May 29, 2020 11:27am
87 Views
Post# 31087813

RE:RE:.40 - .55 by end of June?

RE:RE:.40 - .55 by end of June? Yes they are looking to get to over 1 million ounces of gold equivalent or and 80-100 million ounces of silver.

https://www.streetwisereports.com/article/2020/04/06/miner-finding-high-grade-gold-and-silver-in-colombia-attracts-investment-by-eric-sprott.html
See excerpt below:

Outcrop plans to conduct another round of drilling of 12,000 meters, to bring it to the pre-delineation stage.

"Hypothetically, if we put together 18 ore panels of 200 meters by 200 meters, we would be looking at a scenario of over 1 million ounces gold equivalent or 80–100 million ounces of silver. That's really what our target is. The goal is to get 18 good ore panel hits and our plan is to do that over the next 12 months," Hebert explained.

 

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