OCG's Premier High-Grade Silver Opportunity in Colombia Outcrop Silver & Gold Corp. (Ticker: OCG.v or OCGSF for US investors) stands at the forefront of silver exploration with its Santa Ana project, one of the world's richest primary silver deposits, located in Colombia's historical mining district. This project is poised to become a future silver powerhouse, underpinned by a robust maiden resource estimate and exceptional metallurgical performance.
The Santa Ana project boasts an impressive mineral resource estimate (MRE) with indicated resources totaling 24.2 million ounces of silver equivalent (AgEq) at an average grade of 614 g/t AgEq, and inferred resources adding another 13.5 million ounces at 435 g/t AgEq.
Notably, 73% of these resources are comprised of silver, highlighting the project's potential as a primary silver source. The high grades, particularly from veins like Las Maras and Los Naranjos, which remain open at depth and laterally, suggest significant expansion potential.
Santa Ana's strategic location offers several advantages, including access to infrastructure such as highways, grid power, and water, alongside strong community support. The region's rich mining history, combined with Colombia's focus on silver as a strategic metal for the energy transition economy, reinforces Santa Ana's importance in the global silver market.
Outcrop Silver's ongoing drilling and exploration efforts are aimed at expanding the resource base along the 18.5 km strike corridor, with recent results from the Aguilar vein extending known mineralization by 5 km south of the current resource area. The high-grade intercepts, such as 6.52 meters at 828 g/t AgEq, underscore the project's potential to grow significantly.
The company's metallurgical tests further enhance the project's appeal, demonstrating high recovery rates of 96% for silver and 99% for gold using both flotation and gravimetric methods. These recovery rates, coupled with the production of a high-grade precious metal concentrate, position Santa Ana favorably for future development and commercial success.
Outcrop Silver is also committed to sustainable mining practices, generating local employment, improving agricultural production through beekeeping initiatives, and actively participating in community development. The company’s efforts have created a strong foundation for long-term value creation, both for shareholders and the surrounding communities.
With continued exploration, resource expansion, and a solid focus on environmental, social, and governance (ESG) factors, Outcrop Silver & Gold Corp. is well-positioned to unlock significant value from the Santa Ana project, cementing its place as a leading player in the global silver market.
Company deck: https://outcropsilver.com/corporate-presentation
Posted on behalf of Outcrop Silver & Gold Corp.