Outcrop Silver & Gold Corp V.OCG

World Class Silver Update from Outcrop

[MarketMakerss]

"One of the highest grade projects in silver and its 73% silver so the value of our resource is 73% silver. It's truly high grade silver and its high-grade enough that it's very economic. It's got an extremely high-recovery by flotation alone. It's so high that we know that we'll either produce a precious metal concentrate, which we have done, or produce dore directly without cyanide.

 

Providing insight into "possibly one of the highest leverage pure play silver juniors out there", Outcrop Silver & Gold's (OCG.v OCGSF) CEO, Ian Harris, joined World Copper Forum to discuss the undervalued status of precious metal companies, bullish outlook on silver and the company's economically viable and high-grade Santa Ana Project: https://youtu.be/W_J6G0BrB84?si=q4ewefLNa5D0Zpu2

 

Silver's Golden Opportunity

With industrial usage and potential deficits driving demand, the versatility and widespread use of silver in technology indicates substantial potential for growth. This is further entrenched when taking into account that silver is not easily replaced when its price increases.

 

Further, retail and institutional investors starting to take notice of the significant the disparity between the lagging share prices and the fundamentals.

 

The Path to 100M Ounces

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.

 

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

 

Following a productive year in 2023, OCG is targeting significant expansion at Santa Ana with a growth strategy focused on "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.

 

Gearing up for an upcoming drill program beginning this month alongside updated metallurgical tests are being conducted to improve recovery rates, OCG is focused solely on high-potential targets with proven mineralization, significant resource expansion potential and strategic locations within a highly prospective mineralised corner.

 

 

Highly leveraged to silver prices, in a favourable, low-cost jurisdiction with government support and an economically viable project, OCG is headed toward significant growth potential amid a strong silver market.

 

Posted on Behalf of Outcrop Silver & Gold Corporation.