OCG.v up 12% Today on High Volume Outcrop Silver & Gold Corp. (Ticker: OCG.v or OCGSF for US investors) recently announced its ambitious drilling program for 2024. Today it OCG.v surged 12% on significant trading volume
The Santa Ana Silver Project boasts impressive resources, with 24 million ounces indicated silver equivalent and 13.5 million ounces inferred. Additionally, metallurgical evaluations demonstrate recovery rates of 97% for gold and 93% for silver, affirming the project's viability.
Scheduled to commence imminently at the Santa Ana high-grade silver project in Colombia, the drilling aims to expand existing resources and explore new targets within the extensive project area.
Focused on maximizing resource growth, the company's drilling program is intricately planned to capitalize on known mineralization while investigating untapped areas across the permitted strike length of 18.5 kilometers.
At the heart of this effort lies a comprehensive exploration strategy, targeting both established veins and promising new prospects.
The Los Naranjos and Alaska targets showcase the project's geological richness, providing opportunities for additional delineation of mineral resources, with Los Naranjos boasting grades up to 7.95 g/t gold and 2,919 g/t silver.
Heading southwest, the Los Mangos target exhibits consistent vein occurrences and promising surface samples, indicating a robust mineralized system awaiting discovery.
Together, these targets represent a tapestry of opportunity, each contributing to the overarching goal of enhancing the project's scalability and economic value.
With each drill operation, Outcrop Silver is set to delve deeper into its project's high-grade potential, guided by a steadfast commitment to uncovering riches.
Full press release here: https://outcropsilverandgold.com/news/outcrop-silver-announces-2024-santa-ana-drill-program/
Posted on behalf of Outcrop Silver & Gold Corp.