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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 Aug 12, 2024 7:50pm
385 Views
Post# 36175581

Video Summary: Drill Results Unveil MORE High-Grade Silver

Video Summary: Drill Results Unveil MORE High-Grade Silver

Outcrop Silver Corp. (Ticker: OCG.v or OCGSF for US investors) recently announced significant drill results from their Aguilar vein discovery at the Santa Ana project, which were discussed in a recent video featuring Ian Harris, President, CEO, and Director of the company. The interview, posted to the Gold Newsletter Channel, covered the details of the latest high-grade silver intercepts that have further established the Aguilar vein's potential.


The most notable result was an intersection of 6.52 meters at an impressive 828 grams per tonne (g/t) of silver equivalent. This high-grade intercept is significantly higher than the company's overall resource grade of ~400+ g/t, signaling the discovery of a new, rich vein system. 


Additionally, other drill holes revealed promising grades, such as one meter at 900 g/t, 1.6 meters at 700 g/t and 1 meter at 1.2 kg/t indicating that the Aguilar vein may hold substantial high-grade silver resources.


Ian Harris emphasized that the results confirm the continuity of high-grade silver in the Aguilar vein and unveiled a new parallel blind vein. The discovery is part of a broader 15-kilometer exploration corridor within the Santa Ana project, which is already known as one of the highest-grade silver resources globally.


Harris noted that the company is strategically focusing on expanding its resource base. The ongoing drilling campaign aims to demonstrate the potential of the entire corridor, with significant step-outs planned to explore additional targets. The company is also excited about the possibility of discovering more blind veins, which could further enhance the project's value.


The video concluded with Harris expressing confidence in the project's future, highlighting that Outcrop Silver is on track to release more drill results regularly, with the goal of significantly increasing the resource estimate by the next year. The company's strategy is to demonstrate substantial growth potential rather than incremental updates, aiming for a major leap in resource size.


Full video here:


Posted on behalf of Outcrop Silver & Gold Corp.

 
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