Outcrop Silver & Gold Corp. [OCG-TSXV; OCGSF-OTCQX; MRG1-DE] provided an update on its regional exploration and target generation program on its 100%-owned, high-grade Santa Ana silver project in Colombia. Outcrop continues to generate and advance new vein targets through its regional generation program along the 8.5 kilometre structural corridor in the central sector of the Santa Ana project between the current drilling to the north and the Frias mine to the southwest.
Outcrop now has a total of nine priority targets ready to drill in this area. Several more areas are being advanced as targets through further detailed work. Over 18 km of potential vein zones have been identified, each consisting of multiple veins within an area 2 to 3 km wide.
Highlights included up to 39.73 g/t gold and 3,477 g/t silver (6,307 g/t silver equivalent – AgEq) and 16.20 g/t gold and 2,296 g/t silver in vein float samples at Las Lajas target.
10.98 g/t gold was reported at the Cavadia target in a channel sample from vein outcrop. Cavadia appears to contain gold-biased mineralization.
Up to 3,203 and 2,030 g/t silver in vein float samples were returned at the Topacio target. Up to 19.51 and 18.47 g/t gold and 4,259 and 3,712 g/t silver were returned from additional samples from the Aguilar vein.
Target generation and ongoing prospecting show that the Frias and Aguilar veins are components of a more significant vein zone up to 3 km wide containing multiple parallel veins. Lajas and La Ye, and Frias, La Topacio, and Los Mangos respectively, outline two of these broader vein zones.
Cumulative resource vein lengths are less than 30% of cumulative prospective vein lengths, suggesting an incredibly significant upside for potential resource areas.
“Our regional target generation program continues to expand the potential of the Santa Ana Project,” stated Guillermo Hernandez, Vice President of Exploration. “Through our systematic exploration methods and vectors, and with ongoing analysis by our team, we are consistently generating high quality targets and bringing them into the pipeline for future drilling.”
“Detailed exploration continues to show that newly discovered veins are components of parallel vein systems several kilometres wide,” commented Joseph Hebert, CEO. “The character of broad vein zones two to three km wide appears to extend for over 18 km, from north of the Royal Santa Ana mines to the south of the Frias Mine. If an average of three discrete veins occur within the identified vein zones, more than 50 km of cumulative veins are inferred. World-class exploration potential is indicated on only a small part of Outcrop Silver’s Santa Ana Project.
Recent generative prospecting and exploration activities have been focused on two sectors along an 8.5-kilometre trend within the central Santa Ana project. The Las Lajas vein system is subparallel to the Aguilar-Guadual vein system. The Cavadia vein represents the continuity of the Aguilar-Guadual vein system to the south and potentially continues to the Topacio vein to the southwest.”
The Lajas target comprises a series of outcrops and vein float forming a well-defined north-northeast surface trace 750 metres long. The Lajas target could represent lateral continuity to the southwest from La Isabela vein, a distance of over 2 km.
Assays from quartz vein float show up to 39.73 g/t gold and 3,477 g/t silver and 16.20 g/t gold and 2,296 g/t silver. The Lajas target shows low base metal and high silver and gold values, potentially indicating a favorable metal zonation in this part of the Santa Ana vein system.
The Cavadia and Topacio targets were generated through regional geologic mapping. A surface trace of three kilometres is mapped suggesting Topacio and Cavadia are part of a larger parallel vein zone.
Cavadia shows values from vein outcrop and related float up to 10.98 and 8.68 g/t gold. Topacio shows values up to 3,203 and 2,030 g/t silver.
Exploration of the Aguilar vein extends its lateral continuity in outcrop and float 500 metres to the to the southwest, to a total of 2 km with the Aguilar, Jimenez and Guadual targets identified. The Aguilar vein is notable for local vein boulders up to 4.7 metres wide and veins over 2 metres wide in outcrop. Numerous historic workings within a large area along the Aguilar vein are inferred to be an unreported Spanish Colonial era mining attracted to the extremely high-grade silver and gold along the Aguilar vein.
New results from the Aguilar vein show values up to 18.47 and 19.51 g/t gold and up to 4,259 and 3,712 g/t silver.