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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 > Additional High-Grade Silver Intercepts @ Aguilar
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Post by MarketMakerss on Aug 28, 2024 2:56pm

Additional High-Grade Silver Intercepts @ Aguilar

Today, Outcrop Silver & Gold (OCG.v OCGSF) announced additional high-grade silver intercepts at the Aguilar vein discovery, unveiling a robust multi-vein system!

 

Located 5 kilometers south of its existing resource at the Santa Ana project, the recent drill holes confirmed high-grade silver along the main Aguilar vein and newly discovered parallel, non-outcropping veins.

 

Complementing these efforts, OCG has increased its exploration activities, deploying two active drill rigs and expanding regional target generation programs as part of OCG's 2024 exploration strategy to significantly increase resources and explore new growth areas along the 30-kilometer vein corridor.

 

Key highlights:

  • Drill hole DH373 intercepted 1.18 meters of 1,035 grams per tonne of silver equivalent on the Aguilar vein.
  • Drill hole DH385 intercepted 0.71 meters of 1,081 grams per tonne of silver equivalent on the Aguilar HW vein, extending it at depth and towards the north.
  • The Aguilar vein has been confirmed to extend for 285 meters along a 1.8-kilometer corridor, with multiple veins remaining open in all directions.

 

Emphasizing the strategic importance of the Aguilar vein system, OCG's President & CEO, Ian Harris, commented:

"In 2024, Outcrop Silver is not just drilling; we are methodically executing a vision that unveils the expansive potential of the Santa Ana project. Our recent drilling at the Aguilar vein system underscores this strategy,'

"The consistency of high-grade silver findings over an extended strike length, on multiple veins confirm Aguilar's role as a cornerstone of our ambitious exploration plans. As we continue to step out from the known resources and test new targets, each successful drill hole at Aguilar is a step towards dramatically scaling our resource base, cementing our commitment to deliver substantial value through meticulous, scientific exploration."

 

With some sections reaching nearly 7000 grams per ton, OCG's Santa Ana Project boasts 37 million ounces of silver at high silver grades with a pathway to expand to over 100 million ounces.

 

Full News Release: https://outcropsilver.com/news/outcrop-silver-advances-aguilar-discovery-unveiling-robust-multi-vein-system/

 

Posted on Behalf of Outcrop Silver & Gold Corporation.

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