Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Bullboard - Stock Discussion Forum 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... see more

TSXV:OCG - Post Discussion

Outcrop Silver & Gold Corp > Santa Ana Project Unveils High-Grade Silver & Parallel Vein
View:
Post by 1StockInformer on Aug 14, 2024 7:37pm

Santa Ana Project Unveils High-Grade Silver & Parallel Vein

Drill results from the Aguilar vein discovery at Outcrop Silver & Gold Corp.'s (Ticker: OCG.v or OCGSF for US investors) Santa Ana Silver Project have shown significant developments. Located 5 kilometers south of the current resource within a 30-kilometer-long vein corridor, the discovery is proving to be a crucial addition to the project.


The findings confirm the continuity of high-grade silver within the Aguilar vein and have also uncovered a new, previously undetected parallel vein, named Aguilar-HW. This new vein suggests the potential for further significant discoveries in the area, highlighting the robust mineralization present in the region.

User image


The latest drilling efforts produced impressive high-grade silver intercepts, including a notable section measuring 6.52 meters at 828 grams per tonne (g/t) of silver equivalent. Within this interval, there was a 0.63m sub-interval that exceeded 6,900 g/t, underscoring the exceptional quality of the mineralization. Such concentrations of silver are considered highly economically viable for mining operations.


Moreover, the discovery of blind veins, which are hidden from surface view, adds a new dimension to the project's potential, suggesting that there may be additional untapped mineralization in the area.


Outcrop Silver's strategic exploration approach, which emphasizes rapid resource expansion at the Santa Ana project, is paying off. The decision to conduct significant step-out drilling has uncovered the vast potential of the Aguilar vein system. The identification of a complex network of parallel veins and splays highlights the extensive mineralization present, reinforcing the high expectations surrounding this project.


Guillermo Hernandez, VP of Exploration, stressed the importance of these findings, noting that the recent drill holes suggest the possibility of discovering even more blind veins. Aguilar is showing itself to be a robust vein system with multiple parallel veins and splays that yield promising results, indicating great potential for the ongoing drill campaign.


Currently, Outcrop Silver is operating two active drill rigs on-site. This ongoing drilling campaign aims to build on the initial success, with results from additional holes pending. The company remains focused on confirming and expanding the high-grade mineralization already identified, with particular attention to the new Aguilar-HW vein. 


More here: 

https://outcropsilver.com/news/outcrop-silver-intercepts-6.52-metres-of-828-grams-silver-equivalent-per-tonne-at-the-aguilar-discovery/


Posted on behalf of Outcrop Silver & Gold Corp.

 
Be the first to comment on this post
The Market Update
{{currentVideo.title}} {{currentVideo.relativeTime}}
< Previous bulletin
Next bulletin >

At the Bell logo
A daily snapshot of everything
from market open to close.

{{currentVideo.companyName}}
{{currentVideo.intervieweeName}}{{currentVideo.intervieweeTitle}}
< Previous
Next >
Dealroom for high-potential pre-IPO opportunities