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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 22, 2024 7:39pm
57 Views
Post# 36277679

OCG's High-Grade Results from Aguilar Vein (1m @ 928 g/t)

OCG's High-Grade Results from Aguilar Vein (1m @ 928 g/t)

Last week, Outcrop Silver & Gold (OCG.v or OCGSF for U.S. investors) announced promising drill results from the Aguilar vein, part of its fully owned Santa Ana silver project in Colombia.

The initial resource estimate for Santa Ana, released last summer, detailed:

  • Measured & Indicated Resource: 24.2 million ounces of silver equivalent at a grade of 614 g/t.

  • Inferred Resource: 13.5 million ounces at 435 g/t silver equivalent.

The recent drilling results show strong potential for expanding the current resource base at Santa Ana, particularly through the Aguilar vein.

Key Exploration Highlights:

  • Drill Hole DH399: Intercepted 928 g/t silver equivalent (AgEq) over 1.08 meters, confirming vein continuity along 650 meters of strike and 200 meters of depth.

  •  Weighted Average Grades:

    • Aguilar vein system: 568 g/t AgEq

    • Aguilar North: 974 g/t AgEq

    • Aguilar FW: 750 g/t AgEq

r/smallstreetbets - Outcrop Silver & Gold (OCG.v, OCGSF) Reports High-Grade Results at Santa Anas Aguilar Vein, Highlights 928 g/t AgEq Over 1 Meter

The ongoing exploration also identified new, non-outcropping veins, enhancing the project's potential for multiple high-grade zones. Drilling at Aguilar continues to reveal high-grade mineralization at depth, with the deepest intercept at 200 meters.

Outcrop is advancing the project using two drill rigs, now focused on the Jimenez and La Ye veins to further extend Santa Ana's resource potential.

Guillermo Hernandez, VP of Exploration, stated that the results from Aguilar affirm the project's potential for significant resource growth.

Full press release: https://outcropsilver.com/news/outcrop-silver-reports-consistently-intercepts-high-grade-silver-at-aguilar-reinforcing-potential-for-resource-growth-at-santa/

Posted on behalf of Outcrop Silver & Gold Corp. 

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