OCG Expands 2024 Exploration at Santa Ana w/ New Targets Yesterday, Outcrop Silver & Gold Corporation (Ticker: OCG.v or OCGSF for US investors) provided an update on its ongoing 2024 exploration activities at the Santa Ana high-grade silver project in Colombia.
The Santa Ana project, spanning 27,000 hectares in the Mariquita District, is recognized as the largest and highest-grade primary silver district in Colombia. Outcrop Silver's goal is to significantly expand the known resource area along the project's 17-kilometer strike of permitted drill targets, within an extensive 30-kilometer mineralized trend.
Outcrop Silver's ongoing exploration at the Santa Ana project has delivered promising results across several high-priority target areas, supporting the company’s strategy to efficiently expand its resource base.
The exploration program, which includes drilling, trenching, soil sampling, and mapping, is focused on extending known mineralized zones and identifying new targets. This approach aims to boost the resource potential by concentrating efforts on key zones such as La Ye, La Rica, Morena, and Los Mangos.
La Ye Vein System: A priority target with a 500-meter strike length, where high-grade silver equivalent values have been identified, including up to 4,898 grams per tonne from chip samples and 2,553 grams per tonne in channel samples.
Morena Vein Discovery: Located 1 km northeast of La Ye, this new target has shown potential for further exploration, with samples returning grades of up to 1,237 grams per tonne of silver equivalent. It is expected to contribute significantly to the resource expansion efforts.
La Rica Vein System: Discovered during reconnaissance work along the Frias-Santa Ana trend, La Rica has returned high silver equivalent grades in surface samples, including up to 4,113 grams per tonne. This system is set for further exploration as part of the broader resource growth strategy.
La Quebrada Vein: A parallel vein system within the project area that has shown high gold and silver grades. Samples have yielded up to 30.79 grams per tonne of gold and 412 grams per tonne of silver, making it a key target for upcoming drilling.
CEO Ian Harris emphasized the importance of these activities for future resource growth and shareholder value, highlighting the company’s commitment to responsible and collaborative mining practices.
Outcrop Silver's work continues to position the Santa Ana project as a future high-grade silver producer, with strong potential for resource expansion and economic viability.
Full news: 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 Corp.