"Drill Results Unveil MORE High-Grade Silver" "Drill Results Unveil MORE High-Grade Silver" at Outcrop Silver & Gold's (OCG.v OCGSF) Santa Ana Drill Project where the company hit up to 6.9kg of silver in one hole: https://www.youtube.com/watch?v=iUxDK6jNyf8
Drill Results Highlights:
- The latest drill results from the Aguilar vein include a large intersection of over six meters at 800+ grams of silver equivalent, with some sections hitting almost 7 kilograms per ton of silver.
- Additional holes showed consistent high-grade intercepts, such as one meter at 900 grams, 1.6 meters at 700 grams, and one meter at 1.2 kilograms of silver.
Context and Significance:
- The results are from a 1.8-kilometer strike on the Aguilar vein, a significant step out from the current resource area.
- The overall resource area spans a 15-kilometer corridor, with the majority of resources in the Northwest. The new results are consistent with previous findings, indicating potential for a much larger resource.
Target Generation and Exploration:
- The company is focusing on demonstrating the potential of the entire corridor, with ongoing target generation and drilling efforts.
- The discovery of blind veins, which do not outcrop at the surface, adds excitement and potential for new findings.
Future Plans:
- Outcrop Silver aims to continuously drill and test additional targets, with a goal of demonstrating a pathway to a much larger resource.
- The company plans to keep at least two drills running and potentially add more as market conditions improve.
Resource Update Timeline:
- Ian Harris hints at a resource update possibly by next year, aiming for significant incremental growth rather than small updates.
Upcoming News:
- The next news release will focus on explaining new target generation and ongoing work on the ground.
- Continuous news flow is expected, with additional drill results to be released within a maximum of one month.
Offers a unique and compelling investment opportunity in the silver mining sector, OCG has significant potential to become a major player in the silver market amid exploring one of the largest and highest-grade silver deposits.
Posted on Behalf of Outcrop Silver & Gold Corporation.