Outcrop Silver & Gold Corp V.OCG

Alternate Symbol(s): OCGSF

Metals & Mining Industrial Metals & Minerals

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.

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Outcrop Silver & Gold Corp

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Post by MarketMakersson Apr 02, 2024 4:53pm

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Post# 35966177

New CEO Interview with Junior Explorer

Following a productive 2023, Outcrop Silver & Gold (OCG.v OCGSF) is targeting a strong growth strategy including demonstrating the potential for a larger resource at its high-grade silver Santa Ana project, as discussed by the CEO Ian Harris in his latest interview with the Junior Explorer: https://youtu.be/OvRFOgBPfgQ?si=O6QDPe8hWgcVmCHe

Boasting one of the highest grade undeveloped primary silver projects in the world, OCG's Santa Ana Project in Colombia has a mineral resource of 37 million ounces grading over 600 g/t AgEq and 18 km of untapped veins.

With plans for significant expansion of their Santa Ana Project following a productive year in 2023, OCG's growth strategy includes "demonstrating the potential for a larger resource, maintaining a tight environmental footprint, and being prepared to scale up operations if silver prices rise".

Aiming to quickly move to the middle section of the deposit, there is the potential to increase the mineral resource to over 100 million ounces as the current resource is only on 10% of the property with less than 25% of the concession area mapped.

Furthermore, the excellent metallurgy at Santa Ana enables multiple production options from concentrate to dor with 93%+ recoveries and without cyanide.

While 2023 marked a crucial year with the Maiden Resource Estimate at Santa Ana, OCG is gearing up for an upcoming drill program beginning in April, focused solely on high-potential targets with proven mineralization, significant resource expansion potential and strategic locations within a highly prospective mineralised corner.

Emphasizing silver's unique industrial applications, particularly in decarbonization and high-tech industries, and its current undervaluation due to its high demand, OCG is highly leveraged to rising silver price in a favorable, low-cost jurisdiction with government support for mining to diversify from oil and coal.

Posted on Behalf of Outcrop Silver & Gold Corporation.

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