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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 14, 2024 7:37pm
372 Views
Post# 36179574

Santa Ana Project Unveils High-Grade Silver & Parallel Vein

Santa Ana Project Unveils High-Grade Silver & Parallel Vein

Drill results from the Aguilar vein discovery at Outcrop Silver & Gold Corp.'s (Ticker: OCG.v or OCGSF for US investors) Santa Ana Silver Project have shown significant developments. Located 5 kilometers south of the current resource within a 30-kilometer-long vein corridor, the discovery is proving to be a crucial addition to the project.


The findings confirm the continuity of high-grade silver within the Aguilar vein and have also uncovered a new, previously undetected parallel vein, named Aguilar-HW. This new vein suggests the potential for further significant discoveries in the area, highlighting the robust mineralization present in the region.

User image


The latest drilling efforts produced impressive high-grade silver intercepts, including a notable section measuring 6.52 meters at 828 grams per tonne (g/t) of silver equivalent. Within this interval, there was a 0.63m sub-interval that exceeded 6,900 g/t, underscoring the exceptional quality of the mineralization. Such concentrations of silver are considered highly economically viable for mining operations.


Moreover, the discovery of blind veins, which are hidden from surface view, adds a new dimension to the project's potential, suggesting that there may be additional untapped mineralization in the area.


Outcrop Silver's strategic exploration approach, which emphasizes rapid resource expansion at the Santa Ana project, is paying off. The decision to conduct significant step-out drilling has uncovered the vast potential of the Aguilar vein system. The identification of a complex network of parallel veins and splays highlights the extensive mineralization present, reinforcing the high expectations surrounding this project.


Guillermo Hernandez, VP of Exploration, stressed the importance of these findings, noting that the recent drill holes suggest the possibility of discovering even more blind veins. Aguilar is showing itself to be a robust vein system with multiple parallel veins and splays that yield promising results, indicating great potential for the ongoing drill campaign.


Currently, Outcrop Silver is operating two active drill rigs on-site. This ongoing drilling campaign aims to build on the initial success, with results from additional holes pending. The company remains focused on confirming and expanding the high-grade mineralization already identified, with particular attention to the new Aguilar-HW vein. 


More here: 

https://outcropsilver.com/news/outcrop-silver-intercepts-6.52-metres-of-828-grams-silver-equivalent-per-tonne-at-the-aguilar-discovery/


Posted on behalf of Outcrop Silver & Gold Corp.

 
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