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Outcrop Gold Discusses the Epithermal Vein System on Its Cauca Project
Vancouver, British Columbia--(Newsfile Corp. - April 25, 2019) - Outcrop Gold Corp (TSXV: OCG...
About this update from Outcrop Silver & Gold Corporation
[{"type":"text","content":"Outcrop Gold Discusses the Epithermal Vein System on Its Cauca ProjectVancouver, British Columbia--(Newsfile Corp. - April 25, 2019) - Outcrop Gold Corp (TSXV: OCG) (\"Outcrop Gold or The Company\") is pleased to provide an update of the Company's work on the vein system that overprints its large La Custodia gold-copper porphyry deposit on the Cauca project in Colombia.Cauca is an advanced gold-copper project in the Miocene-age mineral belt of southern Colombia - 47km south of the department capital Popayan - in the Almaguer Mining District - and consists of one title and one application for a total land area of 1,808 hectares. Over 22,000 m of historic drilling define the La Custodia deposit and other targets.Figure 1. Cauca is in a 300 km Mineral Belt that includes Llurimagua and Cascabel in Ecuador and La Colosa in Colombia. Many world-class or giant deposits occur in this trend.To view an enhanced version of Figure 1, please visit:https://orders.newsfilecorp.com/files/6343/44334_b11fd8e664e3d9bb_001full.jpgOutcrop Gold acquired the Cauca project after it recognized that the La Custodia deposit contained numerous epithermal veins, sheeted vein zones and breccia as an overprint to a large low-grade gold-copper porphyry. Whereas the previous owner of Cauca completed non NI43-101 compliant resource estimations and non NI43-101 economic evaluations including metallurgical testing and an optimized pit design, they did not attempt to model the higher-grade veins. Numerous intercepts in eighteen core-holes in La Custodia examined by the Company show that the veins have high-grade gold values and appear to be well distributed through the porphyry. Since acquisition in June 2018, the company has worked to assess the character and distribution of these epithermal veins.The Company has conducted core relogging, interpreted geology in cross-section, performed statistical grade-trend analysis and vein modeling in Vulcan 3D, performed roadcut mapping and sampling, and started a trenching program. This work has shown that the primary vein sets have predictable high-angle and generally parallel orientation. Vein zone widths are variable but are observed at surface to be from 0.10 m to 1.7 m. Locally in roadcuts vein spacing is observed to be from 5 to 7 m or less but vein zone spacing varies in the deposit. The veins are not a local feature ...