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.
New drill results extend Las Maras high-grade mineralization to the north below 350 metres depth (Figure 3).
DH301 returned 2.71 metres true thickness of 615 grams equivalent silver per tonne, including 0.57 metres of 1,523 grams equivalent silver per tonne.
DH302 returned 1.22 metres true thickness of 949 grams equivalent silver per tonne.
Drilling shows that Las Maras shoot includes a package of subparallel veins and mineralized splays off the main veins (Figure 1).
Mineralization in Las Peñas vein of the Las Maras shoot remains open at depth (Figure 3).
“We continue to expand our Las Maras shoot with good results that encourage us to keep delineating this fantastic target,” commented Guillermo Hernandez, Vice President of Exploration. “Our delineation program continues adding deeper high-grade intercepts within the Santa Ana vein system showing great potential upside at depth.”
“Detailed studies show that two of three prevalent mineralization events at Santa Ana are mesothermal,” comments Joseph Hebert, Chief Executive Officer. “Mesothermal vein systems are known for their large size and continuation to substantial depths. As controls to mineralization are resolved, Santa Ana is likely to be significantly expanded at depth.”
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