Outcrop Silver & Gold's Santa Ana Project: Promising Silver Outcrop Silver & Gold Corporation (Ticker: OCG.v or OCGSF for US investors) recently disclosed its inaugural mineral resource estimate for its Santa Ana Silver Project, unveiling substantial indications of silver equivalent resources.
This estimate revealed over 24 million ounces of indicated silver equivalent and 13.5 million ounces of inferred resources, highlighting the project's promising potential.
In addition to this, recent metallurgical assessments have produced promising results, with recovery rates of 97% for gold and 93% for silver, showcasing the project's ability to efficiently produce high-grade precious metal concentrates.
Significant drilling intercepts, including 16.08 g/t gold and 2,719 g/t silver in the Las Abejas Shoot at El Dorado Vein, and 7.95 g/t gold and 2,919 g/t silver in the Los Naranjos Vein, further validate the abundant mineralization within the project area.
OCG's strategic focus on translating exploration targets into tangible resources continues to yield promising outcomes, demonstrating the company's steadfast commitment to enhancing resource potential and delivering value to its stakeholders.
With this in mind, OCG recently announced a public offering to raise up to $3M to advance its ambitious exploration efforts at Santa Ana. Details here
https://outcropsilverandgold.com/news/outcrop-silver-announces-3-million-public-offering-of-units/
Posted on behalf of Outcrop Silver & Gold Corp.