Announcement Date: 2022-11-22
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. 2.71m at 1.13g/t Au, 544g/t Ag, 0.18% Pb, 0.15% Zn from 307.22m
Resources: only available to subscribers
CP/QP: only available to subscribers
Announcement summary: November 22, 2022 – Outcrop Silver & Gold Corporation (TSXV:OCG, OTCQX:OCGSF, DE:MRG1) (“Outcrop”) is pleased to announce the results of two additional core holes designed to test the continuity at depth of the Las Maras shoot on its 100% owned Santa Ana high-grade silver project in Colombia. Twenty-five holes have been drilled up to date at Las Maras, fifteen returned high-grade assays, and two holes have pending assays. Las Maras shoot has an average true width of 1.6 metres with a weighted average grade of 1,139 grams equivalent silver per tonne for all significant drill holes. Twenty-five drill holes have been completed up to date, and fifteen returned high-grade assays and two holes with assays that are pending (Figure 3). The current drilling program at Las Maras continues with additional delineation holes targeting step-down intercepts at depth from hole DH290 (see news release dated October 27, 2022). Drilling shows Las Maras has an average true thickness of almost 1.6 metres and a weighted average grade of
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