Business
Outcrop Drills 6.3 Metres of 338 Grams Silver Equivalent per Tonne and 0.51 Metres of 4,965 Grams Silver Equivalent per Tonne
VANCOUVER, BC, June 7, 2021 /CNW/ - Outcrop Gold Corp. (TSXV: OCG) (OTCQX: OCGSF) (DE: MRG1) ("Outcrop") is pleased to announce the results of seven holes from
About this update from Outcrop Silver & Gold Corporation
[{"type":"text","content":" VANCOUVER, BC, June 7, 2021 /CNW/ - Outcrop Gold Corp. (TSXV: OCG) (OTCQX: OCGSF) (DE: MRG1) (\"Outcrop\") is pleased to announce the results of seven holes from continuing delineation drilling in La Ivana on its 100% owned Santa Ana high-grade silver project in Colombia. Highlights Three close-spaced veins composited together with intervening wall-rock providing 6.3 metres of 338 grams silver equivalent per tonne (DH117 highlighted in Table 1). 0.51 metres of 67.95 grams gold equivalent per tonne or 4,965 grams silver equivalent per tonne. 0.82 metres of 18.5 grams gold equivalent per tonne or 1,348 grams silver equivalent per tonne. The new \"Los Micos\" target one kilometre south of the Megapozo discovery shows sub-cropping veins with values up to 14.2 grams gold per tonne and 2,353 grams silver per tonne. \"The weighted average grade for thirty-one significant intercepts in La Ivana is 17 grams gold equivalent per tonne or 1,241 grams silver equivalent per tonne over 0.5 metres,\" comments Joseph Hebert, Chief Executive Officer. \"Importantly DH117 provides an example where three close-spaced veins can be composited together with intervening wall rock to provide significant widths of mineralization. Some close-spaced vein packages can be composited locally in most of the shoots discovered to date.\" Table 1. Intercepts and assays from recent delineation drilling at La Ivana. Hole ID From (m) To (m) Width (m) g Au/t g Ag/t % Pb % Zn Eq g Au/t Eq g Ag/t SALP21DH111 51.11 51.41 0.30 2.9 960 0.31 0.86 16.0 1,169 SALP21DH113 61.02 61.40 0.38 5.50 2,0789 0.53 0.73 33.9 2,480 SALP21DH114 61.28 62.10 0.82 15.70 201 0.62 0.46 18.5 1,348 SALP21DH116 75.17 75.59 0.42 6.0 2,522 0.23 0.72 40.9 2,987 SALP21DH117 54.24 60.54 6.30 2.75 134 0.07 0.06 4.63 338 Including 54.24 55.60 1.36 11.5 346 0.16 0.16 14.2 1,035 Including 54.24 54.64 0.40 28.1 40 0.10 0.06 28.7 2,098 And 55.30 55.60 0.30 4.8 1,514 0.60 0.64 25.9 1,894 And 60.22 60.54 0.32 14.5 1,168 0.72 0.51 30.9 2,260 SALP21DH119 63.70 64.03 0.33 4.7 1,309 0.28 0.26 22.8 1,667 SALP21DH120 57.72 58.23 0.51 40.0 1,941 2.06 1.97 67.9 4,965 For equivalent calculations $1,900 per ounce gold, $26 per ounce silver, $0.87 per pound lead and $1.08 per pound zinc were used. Intervals shown are drill intercept, true thickness cannot be calcula...