Announcement Date: 2022-03-14
Announcement Type: Drilling Results
Announcement Code: NI43-101
Company name: Outcrop Silver & Gold Corp.
Project name: Santa Ana
Location: Colombia
Commodities: Gold,Silver,Lead,Zinc
Highlight: Drilling results incl. 2.22m @ 9.74g/t Au, 2014g/t Ag, 1.34% Pb, 1.18% Zn from 162.1m
Resources: only available to subscribers
CP/QP: only available to subscribers
Announcement summary: March 14, 2022– Vancouver, BC – Outcrop Silver & Gold Corporation (TSXV:OCG, OTCQX:OCGSF, DE:MRG1) (“Outcrop”) is pleased to announce that two additional shoots, La Abeja and La Isabela, have been added, for a total of ten shoots in the potential resource area at Santa Ana. These were the first two targets drill tested in the newly drill permitted concessions. One drill rig is testing targets to the north and one to the south of the Santa Ana Mines where drilling to date has been concentrated. A third drill rig is being mobilized in March to infill drill known shoots to define the upcoming maiden resource. Drill-holes 194, 196 and 198 were drilled to explore the northern continuity of the previously reported El Dorado shoot (see news releases from December 8 and December 21, 2020). Drill-holes 194 and 196 confirm significant silver equivalent grades along strike and extend the mineralization of El Dorado shoot approximately 60 metres to the north. Drill-hole 198 intercepted high-grade mineralization on a separate vein splay, representing a hanging-wall vein close to, but distinct from El Dorado shoot that could provide significant mineralization in this area.
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