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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 MarketMakersson Nov 05, 2024 3:14pm
41 Views
Post# 36297549

New CFO Has Raised Over $200M in Mineral Exploration & Dev.

New CFO Has Raised Over $200M in Mineral Exploration & Dev. Outcrop Silver & Gold (OCG.v OCGSF) Appoints Robert Scott as CFO Who Has Raised Over $200M in Mineral Exploration & Development
 
Last week, Outcrop Silver & Gold (OCG.v OCGSF) appointed Robert Scott, CPA, CA, and CFA, as Chief Financial Officer!
 
Bringing over 25 years of experience in accounting, corporate finance, compliance, and banking, Scott has a background in mineral exploration and development, having raised over $200 million and managed IPOs, mergers, and corporate restructuring.
 
Previously, Scott held roles with Great Bear Resources, ValOre Metals, Riverside Resources, Capitan Silver, and First Helium.
 
CEO Ian Harris expressed confidence in Scott’s ability to support OCG's strategic goals, stating:
"Rob's diverse background in corporate finance and capital markets aligns perfectly with Outcrop Silver's strategic goals as we advance the Santa Ana project. His leadership will strengthen our financial foundation and help position Outcrop Silver for future growth and value creation. On behalf of the Board, I would also like to thank Mr. Sharma for his dedication and contributions as CFO and wish him all the best in his future endeavors."
 
'Stepping Up Exploration at Santa Ana Silver Project'
Amid conducting a large step-out drilling program, OCG is intensifying its efforts at the Santa Ana Silver Project in Colombia. Santa Ana is one of the world’s highest-grade silver projects, with an initial resource of 37 million ounces
 
Having built a strong relationship with the local community, which has been essential for the project’s progress, OCG is focused on significantly expanding the resource with an expansion strategy aiming to maximize silver ounces while minimizing drilling distance, setting up for substantial resource growth in 2025.
 
Notably, OCG revealed the potential for additional parallel high-grade veins last week having returned some of the widest intercepts in its current campaign as detailed in the latest drilling update. With two rigs currently turning, OCG is on track for significant resource expansion potential given the presence of both high-grade and broader mineralized zones.
 
For more information, refer to this latest interview with CEO Ian Harris: https://www.youtube.com/watch?v=WzS5dnWjfoM
 
Full News Release: https://outcropsilver.com/news/outcrop-silver-appoints-robert-scott-as-chief-financial-officer/
 
Posted on Behalf of Outcrop Silver & Gold Corporation.

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