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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 28, 2024 7:27pm
66 Views
Post# 36200351

TODAY: OCG.v Reports High-Grade Silver Intercepts at Aguilar

TODAY: OCG.v Reports High-Grade Silver Intercepts at Aguilar

Today, Outcrop Silver & Gold Corporation (Ticker: OCG.v or OCGSF for US investors) announced further high-grade silver intercepts from the Aguilar vein discovery, located 5 kilometers south of its existing resource base at the Santa Ana project in Colombia.

Notably, Santa Ana has an estimated indicated resource of 24.2 million ounces of silver equivalent at a grade of 614 grams per tonne and an inferred resource of 13.5 million ounces at a grade of 435 grams per tonne. 

These resources are distributed across seven major vein systems, highlighting the significant mineralization potential of Santa Ana.

The recent drill results reinforce the presence of high-grade silver along the main Aguilar vein, along with newly discovered parallel and non-outcropping veins.

The company's intensified exploration activities, including the deployment of two active drill rigs, are part of its broader 2024 exploration strategy aimed at expanding the resource base and exploring new growth opportunities along the extensive 30-kilometer vein corridor at the project. 

Key highlights from the recent drilling campaign at Aguilar include:

1.18 m with 1,035 g/t AgEq

0.71 m with 1,081 g/t AgEq on the Aguilar HW vein, confirming its extension at depth and to the north

The Aguilar vein system has been confirmed along a 285 m strike within a 1.8 km-long corridor, with multiple veins still open in all directions.

r/Wealthsimple_Penny - Silver News Today: Outcrop Silver (OCG.v) Reports High-Grade Silver Intercepts at Aguilar Vein, Advancing Santa Ana Project's Expansion Potential

The current drill campaign at Aguilar continues to focus on testing high grades along the strike and at depth, with the Aguilar vein system traced for over 550 meters as part of the larger Aguilar-Guadual vein zone, which extends 1.8 kilometers.

Overall, OCG's recent results highlight the expansive potential of the Santa Ana project, with consistent high-grade silver findings at Aguilar reinforcing its significance in the company's exploration plans.

OCG is focused on transforming Santa Ana into a major silver producer, driving local economic growth and meeting the rising silver demand from green and high-tech industries.

Full news here: https://outcropsilver.com/news/outcrop-silver-advances-aguilar-discovery-unveiling-robust-multi-vein-system/

Posted on behalf of Outcrop Silver & Gold Corp.

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