Outcrop Silver & Gold Corporation (OCG or OCGSF for US investors) is currently conducting its 2024 drilling initiative at the Santa Ana High-Grade Silver Project in Colombia, representing a significant milestone in the company's exploration efforts.
The Santa Ana project, exclusively owned by OCG, spans 27,000 hectares and is located approximately 110 kilometers from Bogota, Colombia.
This area holds a deep historical significance dating back to at least 1585, with mining records indicating the presence of historically productive silver mines.
Within this region lies the Santa Ana project, characterized by its extensive parallel vein systems.
With an initial resource estimate in hand, Outcrop Silver has established a solid foundation for its exploration initiatives.
The estimate reveals an indicated resource of 24.2 million ounces of silver equivalent at a grade of 614 grams per tonne, along with an inferred mineral resource of 13.5 million ounces of silver equivalent at a grade of 435 grams per tonne, totaling 37.7Moz resource, combining indicated and inferred categories.
Going beyond the known veins, OCG's exploration team has identified additional high-grade targets ready for drilling.
Leveraging their expertise, they aim not only to expand the current mineral resource but also to discover new prospects within the project area.
Aligned with their strategic vision, Outcrop Silver seeks to demonstrate the scalability of the Santa Ana project and its significant potential for resource expansion.
Drawing on their technical proficiency and understanding of the geological characteristics of the region, the company aims to unlock the full value of this high-grade silver project.
More here: https://outcropsilverandgold.com/news/outcrop-silver-commences-2024-santa-ana-drill-program/
Posted on behalf of Outcrop Silver & Gold Corp.