Leveraging High-Grade Silver in Colombia Amid Growing DemandLeveraging High-Grade Silver in Colombia Amid Growing Industrial Demand - Outcrop Silver & Gold (OCG.v OCGSF)
Yesterday, Outcrop Silver & Gold (OCG.v OCGSF) announced the interception of 1.3m of 888g/t silver equivalent along the new Aguilar Vein at its 100% Santa Ana high-grade primary silver project.
Confirming multiple mineralized shoots and highlighting the potential for future resource expansion, ongoing drilling at the Aguilar Vein System is continuing to yield excellent results and this confirms the continuity of the vein for 1.5 kilometers along strike and 200 meters down-dip.
Notable drill highlights include:
- 1.3 meters of 888 g/t silver equivalent.
- 0.3 meters of 3,043 g/t silver, confirming depth continuity at the Jimenez vein.
The Santa Ana Project
As highlighted in today's Crux Investor article, OCG's flagship Santa Ana project in Colombia is one of the world's highest-grade silver projects, with 75% of its resource value in silver:
https://www.cruxinvestor.com/posts/outcrop-silver-gold-leveraging-high-grade-silver-in-colombia-amid-growing-industrial-demand Aiming to expand its current 37 million-ounce resource through exploring multiple veins, OCG is on track to potentially double or triple the resource with an exploration strategy focuses on expanding resources through systematic exploration of new veins
Santa Ana’s high grade, strong recoveries, and favorable economics offer flexibility for future development, including smaller-scale production if market conditions are favorable as the high silver content gives investors significant leverage to silver prices.
The company is also considering pilot production, which could generate early cash flow and demonstrate project viability.
With growing industrial demand for silver, particularly from the solar industry, OCG’s high-grade silver project positions it well to capitalize on future market opportunities.
For more information, refer to this summary of OCG's Presentation at the 2024 Beaver Creek Precious Metals Summit:
https://x.com/TheTSXDude/status/1834010250175021136 Full News Release:
https://outcropsilver.com/news/outcrop-silver-intercepts-1.3-metres-of-888-grams-per-tonne-silver-equivalent-along-the-new-aguilar-vein-at-santa-ana/ Posted on Behalf of Outcrop Silver & Gold Corporation.