OCG.v Presentation Summary + Video Ian Harris, the President and CEO of Outcrop Silver (Ticker: OCGSF or OCG.v for US investors), recently provided an in-depth presentation at the Uranium, Battery, and Precious Metals Investor Conference, outlining the company's operations and strategic vision.
During his presentation, Harris highlighted the growing demand for silver, underscoring its vital role in various industrial applications, especially in the booming solar energy sector.
Despite this increasing demand, there is a notable supply-demand gap in the silver market, with forecasts indicating a shortfall of 265 million ounces, or 20% of global supply, this year.
OCG's Santa Ana Silver Project in Colombia, has demonstrated exceptional silver grades, with its indicated resources estimate showing the resource has an average grade of 446 grams of silver per ton, ranking it among the world's highest-grade deposits.
Harris also discussed the positive metallurgical aspects of the Santa Ana project, emphasizing the high recovery rates of silver through flotation processes in metallurgical tests.
The company's exploration initiatives are focused on expanding the resource base by identifying additional targets within the project area.
In the short term, OCG aims to increase its resource estimates, while in the long term, it is looking into potential mine development.
The company's development strategy is prudent, recognizing the possibility of a future sale but also preparing for the successful construction and operation of a mine.
OCG is strategically positioning itself to meet the growing demand for silver through its high-grade Santa Ana project, with a balanced approach to both short-term resource expansion and long-term development, ensuring a robust and adaptable growth strategy.
Presentation replay here:
Posted on behalf of Outcrop Silver & Gold Corp.