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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 MarketMakersson Sep 04, 2024 12:57pm
185 Views
Post# 36208225

Multiple New Targets Discovered at Santa Ana

Multiple New Targets Discovered at Santa Ana Outcrop Silver & Gold's (OCG.v OCGSF) Expanded 2024 Exploration Footprint Leads to Multiple New Targets at Santa Ana!
 
Today, Outcrop Silver & Gold (OCG.v OCGSF) provided an update on its 2024 Regional Exploration Program at the Santa Ana high-grade silver project in Colombia.
 
OCG's strategy focuses on expanding known resources along a 30-kilometer mineralized trend, aiming to generate new drill targets and extend current zones with key exploration efforts including drilling, trenching, soil sampling, and mapping.
 
Significant discoveries include:
  • La Ye vein system: showing high silver and gold grades (up to 4,898 g/t silver equivalent).
  • Morena vein: discovered through soil surveys, yielding up to 1,237 g/t silver equivalent.
  • La Rica vein: promising results from chip samples (up to 4,113 g/t silver equivalent).
  • La Quebrada vein: showing strong gold and silver potential.
 
Detailing OCG's aim to increase resources efficiently by focusing on high-priority targets and extending known veins, OCG's President, Ian Harris, joined Gold Newsletter to discuss the significance of these results: https://www.youtube.com/watch?v=7LJ7OI2CXHU
 
Key Points from the Interview:
1.  Exploration Strategy: OCG aims to expand its resource base by testing new targets, such as Aguilar and Mangos, along a 30-kilometer mineralized trend. The goal is to demonstrate the potential for substantial resource growth by the end of the year.
 
2. Efficient Use of Funds: Focused on efficient resource drilling, with plans to drill between 24,000 to 48,000 meters next year, aiming for a resource size increase of up to 2.5 times.
 
3. Community Engagement: Importance of relationships with local communities, which has helped Outcrop Silver secure necessary permits and advance the project quickly.
 
4. Upcoming Updates: Plan to release monthly drill updates, with a focus on testing and discovering new high-grade silver areas.
 
Full News Release: https://outcropsilver.com/news/outcrop-silvers-expanded-2024-exploration-footprint-leads-to-multiple-new-targets-at-santa-ana/
 
Posted on Behalf of Outcrop Silver & Gold Corporation.
 
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