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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 > OCG Shares More High-Grade Silver Intercepts at La Ye Target
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Post by 1StockInformer on Nov 20, 2024 7:14pm

OCG Shares More High-Grade Silver Intercepts at La Ye Target

Yesterday, Outcrop Silver & Gold (OCG.v or OCGSF for U.S. investors) announced promising updates from its ongoing drilling program at the La Ye vein, part of the 100%-owned Santa Ana high-grade silver project in Colombia. 

The latest results highlight significant high-grade intercepts, further confirming the potential for resource expansion across the project’s extensive mineralized trend:

  • 0.96m at 628 g/t AgEq

  • 0.60m at 1,136 g/t AgEq 

  • 0.30m at 970 g/t AgE

Drilling has confirmed multiple parallel, non-outcropping veins, similar to the Aguilar vein system, reinforcing the exploration potential at depth and along strike.

La Ye, located approximately 4km south of the project’s initial resource area, exhibits geological continuity with a verified strike length of 350m and a potential extension of 500m.

r/Wallstreetbetsnew - Outcrop Silver (OCG.v OCGSF) Shares More High-Grade Silver Intercepts at La Ye Discovery from Ongoing Santa Ana Project Drill Program

Expansion to Los Mangos

Drilling has also commenced at Los Mangos, an 8km step-out from the Las Maras resource vein and 4km south of La Ye. This target represents a high-priority area within the 17km drill-permitted zone, showcasing Outcrop Silver’s strategic approach to exploring the broader 30km mineralized corridor.

Project Overview

The Santa Ana project, covering 27,000 hectares in Colombia, is historically recognized as the country’s highest-grade primary silver district. The current mineral resource estimate includes:

  • Indicated: 24.2M oz AgEq at 614 g/t

  • Inferred: 13.5M oz AgEq at 435 g/t

Ongoing 2024 drilling aims to extend known mineralization and identify new zones, underscoring the scalability of the project and its potential to become a significant silver producer.

Full news here: https://outcropsilver.com/news/outcrop-silver-continues-to-intercept-high-grade-silver-at-la-ye-discovery/

Posted on behalf of Outcrop Silver & Gold Corp.

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