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Outcrop Silver

Crux Investor Index
6
i
Market Cap (USD)
100000000
Symbol
TSX:OCG
OTCQX:OCGSF
FRA:MRG
Stage of development
Exploration
Primary COMMODITY
Silver
Additional commodities
Gold

Outcrop Silver is focused on its high-grade Santa Ana silver project in Colombia. Recent drilling has discovered high-grade shoots within multiple veins, including up to 6.9 kg/t silver equivalent over 1 m width. This has led to a maiden resource estimate of 24.1 million indicated and 13.5 million inferred ounces of silver equivalent. The resources grade very high, with indicated at 614 g/t and inferred at 435 g/t silver equivalent. Metallurgical testing demonstrates excellent recoveries of 93% for silver and 97% for gold. Santa Ana contains over 48 km of mapped veins, providing substantial upside as only 17% have been drilled so far. Outcrop plans ongoing drilling to expand resources and make new discoveries across the large vein system.

Outcrop has a strong, experienced management team focused on Latin America. The company is operating in Colombia, which provides a geologically prospective and stable jurisdiction. Outcrop has built strong local partnerships and is committed to sustainable and responsible resource development.

The Santa Ana project shows potential for expanding high-grade resources. The large underexplored vein system provides significant upside. Outcrop's experienced team is well positioned to continue exploring and developing Santa Ana. 

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Outcrop Silver Analyst Notes

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Outcrop Silver

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