High-Grade Silver Interception Reported by Outcrop Silver

Outcrop Silver's Exploration Update

Outcrop Silver & Gold Corporation (TSXV: OCG) is excited to share its recent advances in the exploration drilling program at the Santa Ana high-grade silver project. This project, fully owned by Outcrop Silver, continues to showcase tremendous potential driven by impressive results characterized by substantial silver equivalent intersections along the Aguilar vein system.

Recent Drilling Highlights

The drilling activities focused on three significant targets within the Aguilar vein system: Jimenez, Guadual, and the main Aguilar vein itself. Recently released highlights indicate that drill hole DH388 successfully intercepted 1.3 meters of mineralization, returning an exceptional value of 888 grams per tonne silver equivalent. This result further solidifies the potential of the Aguilar vein as a high-grade mining target.

Key Findings

Drill hole DH391 also revealed remarkable results, intercepting 0.30 meters with 3,043 grams per tonne silver, confirming the continuity of high-grade mineralization. The drilling thus far has confirmed a 1.5-kilometer strike and 200 meters down-dip consistency, indicating the presence of multiple potential mineralized shoots.

Unlocking Resources Through Exploration

In reflecting on this ongoing drilling campaign, Guillermo Hernandez, Vice President of Exploration, expressed enthusiasm about pushing the exploration further into the southern extensions of the Santa Ana vein system. With each drilling endeavor, Outcrop Silver is successfully identifying high-grade silver at increased depths, reinforcing their strategic focus on resource growth.

Future Targets

The company is planning to commence drilling on additional targets, including Los Mangos and La Ye. These new areas are anticipated to unveil further exploration opportunities as the company seeks to maximize the mineral potential across its entire concession area.

Building on Past Success

With the result of DH388, Outcrop Silver continues to enhance the confidence in the resource estimates established in the recent NI 43-101 Technical Report. This report indicated an indicated resource of over 24 million ounces silver equivalent at an average grade of 614 grams per tonne, alongside an inferred resource estimation reflecting the project's rich potential.

The Santa Ana Project

Covering a vast expanse of approximately 27,000 hectares, the Santa Ana project is renowned as one of the leading primary silver districts. Mining activities in this region trace back to the colonial era, further emphasizing its historical significance and resource richness. As the company advances its drilling efforts, the focus remains on substantiating and expanding these identified resources.

Commitment to Responsible Mining

Outcrop Silver is dedicated not only to resource extraction but also to responsible mining practices that benefit the local communities. By engaging stakeholders and employing sustainable methods, the company emphasizes its commitment to long-term development and environmental stewardship.

Ongoing Growth and Future Prospects

As the exploration program continues to yield promising results, Outcrop Silver is strategically positioned to significantly expand its resource base. The company’s focus on innovative exploration techniques and commitment to responsible mining will catalyze its evolution into a high-grade silver producer.

Frequently Asked Questions

What are the recent results from Outcrop Silver's drilling program?

The recent drilling program reported significant intercepts, including 1.3 meters of 888 grams per tonne silver equivalent in DH388 and 0.30 meters of 3,043 grams per tonne silver in DH391.

What is the importance of the Aguilar vein system?

The Aguilar vein system is considered a high-potential target for Outcrop Silver due to its remarkable silver grades and the continuity of mineralization confirmed through recent drilling.

What future targets are being considered for drilling?

The company is planning drilling in the Los Mangos and La Ye targets, which are expected to offer new opportunities underneath previously explored areas.

How does Outcrop Silver ensure responsible mining practices?

Outcrop Silver is committed to responsible mining through sustainable practices that prioritize community engagement and environmental protection.

What is the scale of the Santa Ana project?

The Santa Ana project covers approximately 27,000 hectares and is noted for its rich history and significant potential as a primary silver mining district.

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