Outcrop Silver & Gold Corp V.OCG

"Drill Results Unveil MORE High-Grade Silver"

[MarketMakerss]

"Drill Results Unveil MORE High-Grade Silver" at Outcrop Silver & Gold's (OCG.v OCGSF) Santa Ana Drill Project where the company hit up to 6.9kg of silver in one hole: https://www.youtube.com/watch?v=iUxDK6jNyf8

 

Drill Results Highlights:

• The latest drill results from the Aguilar vein include a large intersection of over six meters at 800+ grams of silver equivalent, with some sections hitting almost 7 kilograms per ton of silver.
• Additional holes showed consistent high-grade intercepts, such as one meter at 900 grams, 1.6 meters at 700 grams, and one meter at 1.2 kilograms of silver.

 

Context and Significance:

• The results are from a 1.8-kilometer strike on the Aguilar vein, a significant step out from the current resource area.
• The overall resource area spans a 15-kilometer corridor, with the majority of resources in the Northwest. The new results are consistent with previous findings, indicating potential for a much larger resource.

 

Target Generation and Exploration:

• The company is focusing on demonstrating the potential of the entire corridor, with ongoing target generation and drilling efforts.
• The discovery of blind veins, which do not outcrop at the surface, adds excitement and potential for new findings.

 

Future Plans:

• Outcrop Silver aims to continuously drill and test additional targets, with a goal of demonstrating a pathway to a much larger resource.
• The company plans to keep at least two drills running and potentially add more as market conditions improve.

 

Resource Update Timeline:

• Ian Harris hints at a resource update possibly by next year, aiming for significant incremental growth rather than small updates.

 

Upcoming News:

• The next news release will focus on explaining new target generation and ongoing work on the ground.
• Continuous news flow is expected, with additional drill results to be released within a maximum of one month.

 

Offers a unique and compelling investment opportunity in the silver mining sector, OCG has significant potential to become a major player in the silver market amid exploring one of the largest and highest-grade silver deposits.

 

Posted on Behalf of Outcrop Silver & Gold Corporation.