Outcrop Silver & Gold (TSX.V: OCG, OTCQX: OCGSF) continues to advance its Santa Ana project in Colombia, positioning it as a high-grade silver development asset. 

The company remains focused on resource expansion through ongoing drilling while benefiting from a tightening global silver market.  

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The Santa Ana project has an initial Indicated resource of 24.2Moz AgEq (614 g/t AgEq) and Inferred resource of 13.5Moz AgEq (435 g/t AgEq), based on only seven of over 22 sampled veins. 

With most veins remaining open at depth and along strike, Outcrop Silver is pursuing an aggressive 2024 drill program targeting new high-grade discoveries, including recent releases from the Aguilar, Jimenez, and La Ye veins. Initial drill highlights include:  

- Aguilar Vein: 0.74m @ 1,035 g/t AgEq, 0.91m @ 888 g/t AgEq  

- Jimenez Vein: 0.30m @ 3,043 g/t Ag  

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- La Ye Vein: 0.60m @ 1,136 g/t Ag 

Santa Ana is historically one of Colombia’s most significant silver districts, with modern infrastructure, highway access, and community support. 

Metallurgical testing shows high recoveries of 96% for silver and 99% for gold, producing a commercial-grade concentrate.  

Outcrop Silver is advancing Santa Ana at a time when the silver market faces a supply-demand deficit of 265Moz estimated for 2024. 

Silver's role in industrial and renewable energy applications continues to grow, with solar demand rising 64% year-over-year.  

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With a current market cap of C$76.9M, Outcrop Silver is well-positioned for growth with continued exploration success.

Analyst coverage from Research Capital gave Outcrop a speculative buy rating with a C$0.60 target price, over double its current share price of C$0.225.

Full deck here: https://outcropsilver.com/investors/presentations/

Posted on behalf of Outcrop Silver & Gold Corp.