Outcrop Silver & Gold Corp. (Ticker: OCG.v or OCGSF for US investors) proudly revealed its ambitious 2024 drilling program this Monday for its Santa Ana Silver Project in Colombia. Commencing in April, the drilling at the Santa Ana high-grade silver project in Colombia aims to expand existing resources and explore new targets within the project's expansive potential.
Current Resource Estimation
The Santa Ana Silver Project already has significant resources: 24 million ounces indicated silver equivalent & 13.5 million ounces inferred. Additionally, metallurgical assessments affirm project viability with 97% gold & 93% silver recovery rates.
With an emphasis on maximizing resource growth, the meticulously designed drilling program leverages proven mineralization while exploring uncharted territories along the 18.5 kilometers of permitted strike.
Comprehensive Exploration Strategy
The cornerstone of this endeavor lies in a comprehensive exploration strategy targeting both established veins and promising new prospects.
Among the targets, the El Dorado vein promises high-grade shoots for substantial resource expansion. The Aguilar-Guadual target holds historical significance and silver potential awaiting validation.
Targets like Los Naranjos and Alaska offer opportunities for delineating mineral resources, boasting grades up to 7.95 g/t gold & 2,919 g/t silver at Los Naranjos. The Los Mangos target showcases consistent vein occurrences and promising surface samples.
A Mosaic of Opportunity
Together, these targets form a mosaic of opportunity, contributing to the overarching goal of enhancing the project's scalability and economic value. With each drill turn, Outcrop Silver ventures deeper into the realm of possibility, guided by a steadfast resolve to unearth riches.
Perhaps in response to this news, OCG closed in the green today on high vol.
Full news here: https://outcropsilverandgold.com/news/outcrop-silver-announces-2024-santa-ana-drill-program/
Posted on behalf of Outcrop Silver & Gold Corp.