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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 22, 2024 6:32pm
73 Views
Post# 36192673

OCG Reports Significant Progress at Santa Ana Project

OCG Reports Significant Progress at Santa Ana Project

Outcrop Silver & Gold Corp. (TSX-V: OCG, OTC: OCGSF) has reported encouraging advancements from its recent drilling operations at the Aguilar vein within the Santa Ana Silver Project. Located approximately 5 kilometers south of the current resource base, this discovery lies within a promising 30-kilometer vein corridor, highlighting the growing potential of the project.

High-Grade Silver Intercepts and New Discoveries

The latest drilling data has confirmed high-grade silver mineralization in the Aguilar vein and unveiled a newly identified parallel vein, known as Aguilar-HW. This discovery opens up additional exploration opportunities and further emphasizes the strong mineral potential within the region.

r/smallstreetbets - Outcrop Silver & Gold Corp. (OCG.v OCGSF) Reports Significant Progress at Santa Ana Project

Noteworthy results include a significant drilling interval of 6.52 meters revealed 828 g/t of silver equivalent. Within this interval, a sub-interval of 0.63 meters recorded an 6,900 g/t AgEq, underscoring the quality of the mineralization.

Drilling at depth in the Aguilar North extension intercepted 1.11 meters of 969 g/t AgEq and a further 0.31 meters of 3,741 g/t AgEq. Additionally, A new blind discovery yielded 1.04 meters of 1,218 g/t AgEq.

Exploration Strategy and Ongoing Developments

Outcrop Silver's focused exploration strategy is aimed at rapidly expanding the resource base at the Santa Ana project. The company’s step-out drilling has successfully exposed the vast potential of the Aguilar vein system, uncovering a complex network of parallel veins and splays that indicate extensive mineralization.

The discovery of blind veins, which are not visible at the surface, suggests there may be further undiscovered mineralization nearby. Guillermo Hernandez, Vice President of Exploration, highlighted the significance of these findings, noting that the recent drill results could lead to the identification of additional blind veins. The robust nature of the Aguilar vein system, with its multiple parallel veins and splays, provides a positive outlook for the ongoing drilling campaign.

Continued Drilling Efforts

Outcrop Silver is currently operating two active drill rigs on-site, with the ongoing drilling campaign focused on expanding the high-grade mineralization identified thus far, particularly in relation to the newly discovered Aguilar-HW vein.

Overall, these promising results reinforce the potential for significant resource expansion at the Santa Ana project. As Outcrop Silver continues its aggressive exploration efforts, the company is well-positioned to further unlock the value within this high-grade silver district.

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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