Outcrop Silver & Gold Corporation (Ticker: OCG.v or OCGSF for US investors) is focused on advancing its flagship Santa Ana project in Colombia, one of the highest-grade undeveloped silver projects in the world.
Located in the historic Mariquita District, Santa Ana spans over 27,000 hectares and hosts multiple high-grade silver and gold vein systems across a 30-kilometer trend. The project is strategically positioned within a region known for its prolific silver production dating back to the Spanish colonial era, making it a significant focus for Outcrop Silver’s exploration efforts.
Santa Ana’s exceptional potential is underscored by a maiden resource estimate that includes 24.2 million ounces of silver equivalent in the indicated category, with an average grade of 614 grams per tonne.
The project currently encompasses seven major vein systems, but with only 10% of the property explored, Outcrop Silver is committed to expanding this resource through systematic exploration and drilling.
A key area of interest within the Santa Ana project is the Aguilar vein discovery, located 5 kilometers south of the existing resource. The latest drill results in this zone, highlighted by an intercept of 6.52m at 828 g/t AgEq, including 0.63m at 6,943 g/t AgEq, underscore the high-grade nature of the Aguilar vein system.
These results not only validate the company’s ongoing exploration strategy but also suggest the presence of parallel blind veins, such as the newly identified Aguilar-HW vein, which could significantly enhance the resource base.
These findings are a testament to the robust vein system at Aguilar, which is a central focus of Outcrop Silver’s 2024 drilling campaign. With two active drill rigs, the company is strategically targeting high-potential zones to expand the resource base and uncover new discoveries.
Outcrop Silver’s exploration strategy is driven by a commitment to responsible and sustainable mining practices. The company’s metallurgical processes achieve high recovery rates for silver and gold without the use of cyanide, reflecting their dedication to environmentally conscious operations. Additionally, Outcrop Silver places a strong emphasis on community engagement, ensuring that local stakeholders benefit from the project’s development.
As Outcrop Silver continues to advance its exploration efforts at Santa Ana, the company is well-positioned to create significant value for its shareholders. The ongoing success at Aguilar, combined with the broader potential of the Santa Ana project, highlights Outcrop Silver’s capacity to grow its resource base and establish itself as a major player in the global silver industry.
Company deck: https://outcropsilver.com/corporate-presentation/
Posted on behalf of Outcrop Silver & Gold Corp.