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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 Nov 07, 2024 5:39pm
40 Views
Post# 36302045

OCG Shares Strong Drilling Results from Santa Ana Project

OCG Shares Strong Drilling Results from Santa Ana Project

Outcrop Silver & Gold Corp. (OCG.v or OCGSF for U.S. investors) recently shared significant drilling outcomes at the Jimenez target within its fully owned Santa Ana silver project in Colombia. 

r/DueDiligence - Outcrop Silver (OCG.v, OCGSF) Strong Drilling Results at its Santa Ana Projects Jimenez Target, Incl. 1,288 g/t AgEq Over 0.32m and a New Vein Discovery

Key Drilling Results at Jimenez

Recent exploration has delivered some of the most notable intercepts in this phase of drilling, underscoring the project's potential for resource expansion. A newly discovered vein and continued testing of parallel structures contribute to these promising findings.

Top results include one hole which intercepted 0.32m at 1,288 g/t silver equivalent (AgEq) within a broader 3.58m section grading 131 g/t AgEq.

The newly discovered Jimenez North vein also returned 0.30m at 789 g/t AgEq, part of a 2.04m interval grading 145 g/t AgEq.

Structural Insights and Vein Continuity

The drilling program at Jimenez has validated a 500m strike length and a depth extension reaching 200m. The presence of parallel and subparallel veins has been confirmed, enhancing the potential for additional high-grade discoveries and expanding the known resource area.

Geological Context

The Jimenez target consists of parallel vein systems stretching approximately 500m along the strike. Historical mining evidence aligns with the current findings, pointing to mineralized quartz veins containing argentite, a primary silver sulfide associated with high-grade silver zones at Santa Ana.

Current and Future Drilling Initiatives

Outcrop Silver is maintaining momentum with two drilling rigs currently active at both the Jimenez and La Ye targets. The company is also preparing to initiate exploration at the Los Mangos target. The focus remains on extending mineralization along strike and depth while evaluating newly found structures to add to Santa Ana’s resource potential.

Strategic Development

The confirmation of the Jimenez North vein and drilling continuity aligns with Outcrop Silver’s resource growth strategy. These recent results highlight the high-grade and broader mineral potential of the project, reinforcing its significance as exploration advances.

Further updates are anticipated as Outcrop Silver continues to progress its Santa Ana project.

Full press release: https://outcropsilver.com/news/outcrop-silver-reports-additional-drill-results-from-the-jimenez-target-at-santa-ana/

Posted on behalf of Outcrop Silver & Gold Corp.

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