Today, Outcrop Silver & Gold Corporation (Ticker: OCG.v or OCGSF for US investors) announced further high-grade silver intercepts from the Aguilar vein discovery, located 5 kilometers south of its existing resource base at the Santa Ana project in Colombia.
Notably, Santa Ana has an estimated indicated resource of 24.2 million ounces of silver equivalent at a grade of 614 grams per tonne and an inferred resource of 13.5 million ounces at a grade of 435 grams per tonne.
These resources are distributed across seven major vein systems, highlighting the significant mineralization potential of Santa Ana.
The recent drill results reinforce the presence of high-grade silver along the main Aguilar vein, along with newly discovered parallel and non-outcropping veins.
The company's intensified exploration activities, including the deployment of two active drill rigs, are part of its broader 2024 exploration strategy aimed at expanding the resource base and exploring new growth opportunities along the extensive 30-kilometer vein corridor at the project.
Key highlights from the recent drilling campaign at Aguilar include:
1.18 m with 1,035 g/t AgEq
0.71 m with 1,081 g/t AgEq on the Aguilar HW vein, confirming its extension at depth and to the north
The Aguilar vein system has been confirmed along a 285 m strike within a 1.8 km-long corridor, with multiple veins still open in all directions.
The current drill campaign at Aguilar continues to focus on testing high grades along the strike and at depth, with the Aguilar vein system traced for over 550 meters as part of the larger Aguilar-Guadual vein zone, which extends 1.8 kilometers.
Overall, OCG's recent results highlight the expansive potential of the Santa Ana project, with consistent high-grade silver findings at Aguilar reinforcing its significance in the company's exploration plans.
OCG is focused on transforming Santa Ana into a major silver producer, driving local economic growth and meeting the rising silver demand from green and high-tech industries.
Full news here: https://outcropsilver.com/news/outcrop-silver-advances-aguilar-discovery-unveiling-robust-multi-vein-system/
Posted on behalf of Outcrop Silver & Gold Corp.