Ian Harris, Outcrop Silver's President and CEO (OTCQX: OCGSF | TSXV: OCG), recently delivered a comprehensive presentation at the Uranium, Battery, and Precious Metals Investor Conference, outlining the company's operations and future trajectory in the silver sector.
Full presentation video:
OCG's primary venture, the Santa Ana deposit in Colombia, boasts high silver grades, with indicated resources averaging 446 grams of silver per ton, positioning it among the highest-grade deposits globally.
The company's ongoing exploration endeavors aim to further expand these resources by identifying additional prospects within the project vicinity. Moreover metallurgical tests show high
silver recovery rates achieved through flotation processes.
The presentation underscored the surging demand for silver, fueled by its indispensable role in various industrial sectors, notably the rapidly expanding solar energy domain.
Despite this surging demand, there exists a notable gap between supply and demand in the silver market, with forecasts indicating a deficit of 265 million ounces, equivalent to 20% of the world's supply, by 2024.
OCG is committed to pursuing both short-term milestones, such as enhancing resource estimates, and long-term aspirations, including potential mine development, to reach its goal of addressing future silver supply gaps.
Company website: https://outcropsilver.com
Posted on behalf of Outcrop Silver & Gold Corp.