Outcrop Silver Reports High-Grade Results at Guadual with Expanded Drilling Programme

• Drill hole DH493 intersected 2.35 metres of 3,092 g/t silver and 4.95 g/t gold (3,463 g/t silver equivalent)
• DH495 intersected 1.30 metres of 4,587 g/t silver and 12.30 g/t gold (5,510 g/t silver equivalent)
• Three drilling rigs now operational, focused on tightening drill spacing for mineral resource estimate requirements
• Guadual North segment identified for potential inclusion in early 2026 mineral resource estimate update
• Mineralisation remains open in all directions across confirmed 400-metre footprint

Outcrop Silver & Gold Corporation (TSXV:OCG, OTCQX:OCGSF, DE:MRG) is a silver exploration and development company advancing its Santa Ana primary silver project in Colombia. The company operates with a team of mining professionals with experience in the Colombian mining sector.

Outcrop Silver focuses on responsible mining practices and community engagement in its development approach. The company aims to expand current mineral resources through exploration activities whilst maintaining sustainable development practices and contributing to local economic activity.

High-Grade Silver Drilling Results and Resource Development

Recent drilling at Guadual has produced several high-grade intersections, with DH493 yielding 2.35 metres of 3,092 g/t silver and 4.95 g/t gold. Additional results include DH495 with 1.30 metres of 4,587 g/t silver and 12.30 g/t gold, and DH486 with 2.76 metres of 880 g/t silver and 1.67 g/t gold. These results were obtained from the Guadual North vein system.

Multiple drill holes have intersected mineralisation, confirming continuity along strike and at depth. The vein system hosts quartz-sulfide mineralisation associated with argentite, pyrite, and galena. Surface trenching and prior drilling have confirmed a footprint exceeding 400 metres.

The Guadual North segment has been identified for potential inclusion in the company's upcoming mineral resource estimate. Vice President of Exploration Guillermo Hernandez stated that "recent drilling has returned record silver-equivalent grades and excellent widths, demonstrating a robust and strongly mineralised system."

Strategic Drilling Campaign and Resource Estimation

The current drilling programme employs three rigs conducting both step-out and infill drilling to define the extent of mineralised shoots at Guadual. The campaign focuses on tightening drill spacing within high-grade zones to meet resource estimation requirements whilst extending drilling at depth and along strike.

Geological and structural modelling activities are proceeding alongside drilling operations. Grade shell modelling and domain definition work is underway to support internal mineral resource estimate calculations. These technical activities are designed to feed into the targeted early 2026 mineral resource estimate update.

Exploration drilling will assess potential structural connections between the Guadual, Jimenez, and Aguilar veins, which form a mineralised corridor exceeding 2 kilometres in length. The corridor contains multiple confirmed high-grade shoots across the broader Santa Ana vein system.

Project Scale and Resource Base

The Santa Ana project covers 28,000 hectares within the Mariquita District in Colombia and contains mining records dating to 1585. Current mineral resources include an indicated resource of 1,226 thousand tonnes containing 24.2 million ounces silver equivalent at 614 g/t and an inferred resource of 966 thousand tonnes containing 13.5 million ounces at 435 g/t silver equivalent.

The resource base spans seven major vein systems across 30 kilometres of mineralised trend. These systems include Santa Ana, La Porfia, El Dorado, Paraiso, Las Maras, Los Naranjos, and La Isabela. The Guadual vein is structurally aligned northeast and dips sub-vertically.

Outcrop Silver owns 100% of the Santa Ana project. The project operates within an established mining district with existing infrastructure and regulatory frameworks. Current exploration focuses on the permitted section of the 30-kilometre mineralised trend.

Development Timeline and Objectives

The company targets an early 2026 mineral resource estimate update as its primary near-term milestone. The three-rig drilling programme will continue with systematic delineation drilling at Guadual North and extension testing along strike and at depth.

Ongoing activities include geological modelling, resource calculation work, and exploration of structural connections between vein systems. These efforts are intended to support mineral resource expansion at the Santa Ana project within the established timeline framework.

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