TSXV:OCG - Post Discussion
Post by
MarketMakerss on Apr 01, 2024 6:47pm
Goldfinger Capital Interview with OCG CEO Ian Harris
Boasting one of the highest grade undeveloped primary silver projects in the world, Outcrop Silver & Gold (OCG.v OCGSF) stands out as potentially one of the "best-underdeveloped silver assets out there.
With a 37.5M oz resource grading over 600 g/t AgEq comprised of just 7 of 22 known and tested veins, the current resource is only on 10% of the property and less than 25% of the concession area is mapped, leaving substantial discovery potential to be discovered.
Furthermore, the excellent metallurgy at Santa Ana enables multiple production options from concentrate to dor with 93%+ recoveries and without cyanide.
As detailed by OCG's CEO Ian Harris with Goldfinger Capital, the company is aiming to clearly demonstrate a path to 100M ounces of silver equivalent and is targeting a pilot mine strategy to demonstrate its profitability and de-risk the project, while keeping its valuation as an explorer-developer: https://youtu.be/1T88JEZijiY?si=2DqKFPf2S1g9Vr69 While 2023 marked a crucial year with the Maiden Resource Estimate at Santa Ana, OCG is gearing up for an upcoming drill program beginning in April, focused solely on high-potential targets with proven mineralization, significant resource expansion potential and strategic locations within a highly prospective mineralized corner.
Underscoring the project's scalability, the program is designed to expand resources in areas previous identified for their potential as well as to drill new and untested targets along the 18.5km of strike.
With 75% of its resource value from silver, OCG is highly leveraged to rising silver price in a favorable, low-cost jurisdiction with government support for mining to diversify from oil and coal.
Posted on Behalf of Outcrop Silver & Gold Corporation.
Be the first to comment on this post