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Outcrop Silver & Gold Corp V.OCG

Alternate Symbol(s):  OCGSF

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.


TSXV:OCG - Post by User

Post by 1StockInformeron Apr 26, 2024 7:50pm
110 Views
Post# 36010517

Gravimetric Concentration Results & Upcoming Presentations

Gravimetric Concentration Results & Upcoming Presentations

Outcrop Silver & Gold (Ticker: OCG.v or OCGSF for US investors) has unveiled groundbreaking findings from gravimetric concentration tests conducted at its Santa Ana project.


Spanning 27,000 hectares in the Mariquita District, the Santa Ana project boasts a legacy of recording some of Latin America's highest historical silver grades, and contains an estimated indicated resource of 24.2Moz AgEq at grade of 614 g/t AgEq and an inferred mineral resource of 13.5Moz AgEq at 435 g/t AgEq. 

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The gravimetric concentration tests, designed to build upon already impressive extraction rates, have shown success in retrieving silver and gold via mechanical methods prior to standard flotation processes.


OCG achieved a 7% recovery of silver through gravimetric methods alone, complementing their 93% recovery rate via flotation, while the gold recovery rate via gravimetric methods was 30.52%.The resulting gravimetric concentrate yielded 2,883 g/t silver and 164.12 g/t gold.


On these results, OCG President and CEO, Ian Harris, stated "This positions the Santa Ana project as one of the world's highest-grade primary silver endeavors, promising exceptional recoveries and highly marketable concentrates." 


He added that the company has already started the next phase of test work to integrate gravimetric and flotation methods. 


In addition to its technical achievements, Outcrop Silver is actively engaging with investors and stakeholders. 


Ian Harris, President and CEO, is set to participate in the Uranium, Battery, and Precious Metals Investor Conference on May 1st at 10:30am ET and the company will also be participating in the Deutsche Goldmesse Spring Conferences on May 3rd and 4th at The Westin Grand Frankfurt, with online registration available.


Go to OCG's news page for more on their gravimetric results and to register for the conferences: https://outcropsilver.com/news/


Posted on behalf of Outcrop Silver & Gold Corp.

 
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