Outcrop Silver & Gold Corp V.OCG

Alternate Symbol(s): OCGSF

Metals & Mining Industrial Metals & Minerals

Outcrop Silver & Gold Corporation is a Canada-based explorer and developer focused on advancing its flagship Santa Ana high-grade silver project in Colombia. The 100% owned Santa Ana project comprises 27,000 hectares, 190 kilometers from Bogota, Colombia. Santa Ana consists of regional scale parallel vein systems across a trend 12 kilometers wide and 30 kilometers long covering a majority of the Mariquita District. Its Mallama project comprises 9,036 hectares of titles located in Narino Department. The Oribella project comprises 20,000 hectares and is located in Antioquia Department within the Middle Cauca Belt metallogenic province. The Oribella Gold Project lithology includes oceanic domains of deep-water pelagic and turbidite-laminated sediments, and submarine tuffs tectonically juxtaposed against basaltic volcanic rocks. The Argelia project comprises 4,355 hectares of applications located in Antioquia Department. It is located approximately 75 kilometers southeast of Medellin.

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Outcrop Silver & Gold Corp

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Post by 1StockInformeron Apr 12, 2024 7:41pm

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Post# 35986987

OCG Initiates 2024 Drilling Initiative at Santa Ana

Outcrop Silver & Gold Corporation (TSXV:OCG, OTCQX:OCGSF) recently launched its 2024 drilling campaign at the Santa Ana high-grade silver reserve situated in Colombia, marking a pivotal advancement in the company's exploration pursuits.

Santa Ana: A Treasure Trove

The Santa Ana project, under Outcrop Silver's sole ownership, sprawls across 27,000 hectares, approximately 110 kilometers from Bogota, Colombia. This area boasts a rich historical backdrop dating back to at least 1585, with mining archives indicating the existence of historically prolific silver mines. Nestled within this district lies the Santa Ana project, distinguished by its regional-scale parallel vein systems, spanning a significant portion of the Mariquita District.

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The PEA: A Foundation of Promise

Equipped with a preliminary resource estimate, Outcrop Silver lays a sturdy groundwork for its exploration endeavors. The estimate reveals an indicated resource of 24.2 million ounces of silver equivalent at a grade of 614 grams per tonne, alongside an inferred mineral resource of 13.5 million ounces of silver equivalent at a grade of 435 grams per tonne. All together the project hosts a whopping 37.7Moz resource, indicated and inferred.

Beyond the Known Veins

Going beyond established veins, Outcrop Silver's exploration unit has pinpointed additional high-grade targets ready for drilling. Utilizing their expertise, they aim not only to extend the current mineral resource but also to unearth new prospects within the project's expanse.

Scalability and Potential

In line with their strategy, Outcrop Silver endeavors to demonstrate the scalability of the Santa Ana project and its considerable potential for resource expansion. Harnessing their technical acumen and grasp of the region's geological characteristics, the company aspires to unlock the full value of this high-grade silver project.

Full news: https://outcropsilverandgold.com/news/outcrop-silver-commences-2024-santa-ana-drill-program/

Posted on behalf of Outcrop Silver & Gold Corp.

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