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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 Oct 09, 2024 6:14pm
69 Views
Post# 36260099

OCG Announces High-Grade Drill Results at La Ye Vein Target

OCG Announces High-Grade Drill Results at La Ye Vein Target

Outcrop Silver & Gold (Ticker: OCG.v or OCGSF for US investors) announced a significant discovery at the La Ye vein target, part of the ongoing 2024 drilling campaign at its Santa Ana silver project in Colombia.

The Santa Ana project, known for its historical mining records dating back to 1585, covers 27,000 hectares in the Mariquita District and is recognized as the largest and highest-grade primary silver district in Colombia.

The latest drill results from the La Ye vein target have returned a high-grade intercept of 1,136 g/t silver equivalent over 0.60 meters, confirming the presence of rich silver mineralization at depth within parallel vein systems.

This discovery follows the company’s systematic approach to exploring new targets along the 17-kilometer drill-permitted corridor within the 30-kilometer mineralized trend. 

Currently, drilling is underway at both the Jimenez and La Ye vein systems, with plans to begin testing the Los Mangos target later in 2024.

The La Ye vein system, with a strike length of over 500 meters, has shown exceptional high-grade assay results, including samples grading 4,898 g/t AgEq, 1,454 g/t AgE and 2,553 g/t AgEq.

r/wallstreetsmallcaps - TODAY: Outcrop Silver & Gold (OCG.v, OCGSF) Announces High-Grade Drill Results at La Ye Vein Target within the Santa Ana Project, Highlighting 1,136 g/t Silver Equivalent Intercept; Advances 2024 Drilling Program in Colombias Largest and Highest-Grade Primary Silver District

Outcrop Silver’s Vice President of Exploration, Guillermo Hernandez, emphasized the strategic importance of the La Ye discovery, calling it a key part of the company’s plan for resource expansion. 

This discovery aligns with the company’s broader efforts to establish a pathway for substantial resource growth at Santa Ana, positioning the project for future development into a high-grade, economically viable silver mine.

Full news here: https://outcropsilver.com/news/outcrop-silver-makes-a-discovery-at-la-ye-vein-in-santa-ana/

Posted on behalf of Outcrop Silver & Gold Corp. 

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