OCG Unveils High-Grade Discovery at Santa Ana’s La Ye Vein Earlier this week, Outcrop Silver & Gold (Ticker: OCG.v or OCGSF for U.S. investors) announced a promising discovery at the La Ye vein target, a key focus of its 2024 drilling campaign at the Santa Ana silver project in Colombia.
Santa Ana, a historically significant mining area with records going back to 1585, spans 27,000 hectares in the Mariquita District and holds the title of Colombia’s largest and highest-grade primary silver district.
Strategic Exploration Approach
Outcrop Silver’s exploration strategy involves systematically targeting new areas along a 17-kilometer corridor within the larger 30-kilometer mineralized trend. This discovery at La Ye supports the company's broader aim of expanding resources within the Santa Ana project.
High-Grade Drilling Results The latest drill results from the La Ye vein revealed a notable intercept, returning 1,136 g/t silver equivalent (AgEq) over a narrow 0.60-meter section. This confirms substantial high-grade silver mineralization in the deeper parts of the parallel vein systems at La Ye.
Strategic Importance of La Ye Discovery Guillermo Hernandez, Outcrop Silver's Vice President of Exploration, highlighted the La Ye discovery as a pivotal aspect of the company's growth strategy. He emphasized its role in advancing resource expansion efforts at Santa Ana, setting the stage for potential future development of the project into a high-grade silver mine.
Ongoing and Future Drilling Plans
Active drilling continues at both the La Ye and Jimenez vein systems, with plans to explore the Los Mangos target later in 2024. The La Ye vein system itself spans over 500 meters and has yielded impressive high-grade assays, including samples of 4,898 g/t AgEq, 1,454 g/t AgEq, and 2,553 g/t AgEq, highlighting its potential for further resource growth.
Outcrop Silver's recent success at the La Ye vein reinforces the project's potential to deliver substantial silver resources. As the company advances its exploration efforts, it remains focused on unlocking further value across Santa Ana’s mineralized trends.
Full press release: https://outcropsilver.com/news/outcrop-silver-makes-a-discovery-at-la-ye-vein-in-santa-ana/
Posted on behalf of Outcrop Silver & Gold Corp.