Outcrop Silver & Gold (TSX:OCG) reports the discovery of a new ‘high-grade’ ore shoot at its flagship Santa Ana Project in Colombia.
The company intersected 9.16m grading 188 grams per tonne silver equivalent (AgEq) at the newly designated Shoot 7 within the Santa Ana structure.
The intercept included 127g/t silver (Ag) and 0.7g/t gold (Au), with a ‘higher-grade’ section returning 1,930g/t Ag and 8.65g/t Au over 0.4m.
Shoot 7 has no surface expression and was identified solely through structural modelling based on observed spacing of 300m to 400m between ore shoots along the structure.
VP for Exploration Carlos Torres says the confirmation validates the company’s structural model.
“The confirmation of Shoot 7 at Santa Ana is an important validation of our structural model — this shoot has no expression at surface, so the only basis for testing this location was the approximately 300–400m spacing we have now observed along the structure, and drilling confirmed it,” Torres says.
The Santa Ana structure now demonstrates continuity over 1.7km in strike and 350m in dip. Shoot 7 represents the fourth ore shoot identified along the structure, following Roberto Tovar, San Juan, and San Antonio.
At the Las Maras target, hole DH637 intersected 2.86m grading 1,760g/t Ag and 5.14g/t Au — the widest ‘high-grade’ interval reported to date at the target. The intercept included sections grading 4,285g/t Ag and 8.18g/t Au over 0.3m, and 4,185g/t Ag and 15.27g/t Au over 0.51m.
“At Las Maras, DH637 confirms that high-grade mineralisation continues at depth,” Torres adds.
Results will be incorporated into an updated mineral resource estimate expected in September 2026.
The Santa Ana Project currently hosts indicated resources of 24.2 million ounces (Moz) silver equivalent and inferred resources of 13.5Moz across seven major vein systems.
Outcrop Silver & Gold is a Canadian explorer advancing a portfolio of silver‑gold projects across Colombia.
Write to JC Villarba at Mining.com.au
Images: Outcrop Silver & Gold
