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Outcrop Gold Intercepts 0.4 Metres of 14.2 Grams Gold per Tonne and 361 Grams Silver per Tonne

Vancouver, British Columbia--(Newsfile Corp. - June 23, 2020) - Outcrop Gold Corp. (TSXV: OCG) ("Outcrop") is pleased to announce the remaining results for phas

articleOutcrop Silver & Gold CorporationJune 23, 20205/company/outcrop-silver-and-gold-corporation-1/news/outcrop-gold-intercepts-04-metres-of-142-grams-gold-per-tonne-and-361-grams-silver-per-tonne
Outcrop Gold Intercepts 0.4 Metres of 14.2 Grams Gold per Tonne and 361 Grams Silver per Tonne

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[{"type":"text","content":" Vancouver, British Columbia--(Newsfile Corp. - June 23, 2020) - Outcrop Gold Corp. (TSXV: OCG) (\"Outcrop\") is pleased to announce the remaining results for phase 2 drilling in La Ivana target on its 100% owned Santa Ana Project in north Tolima, Colombia. Drilling in La Ivana is complete. The drilling in La Ivana was designed to build a good predictive high-grade shoot and vein model for exploration drilling in other targets. Total drilling in La Ivana consists of 2,289 metres in twenty holes. Drilling defined a high-grade shoot with dimensions of 300 metres by 250 metres that includes multiple parallel veins. Highlights from the last two holes include: 0.37 metres of 14.15 grams gold per tonne and 361 grams silver per tonne 0.39 metres of 10.95 grams gold per tonne and 360 grams silver per tonne Phase 1 drilling defined predominantly the strike extent of veins in the La Ivana target with nine holes having an average downhole intercept length of 0.52 m and a weighted average grade of 21.7 g Au/t and 1,329 g Ag/t at an average depth of 55 metres. Phase 2 drilling defined the down-dip extent of the La Ivana veins with seven holes having an average down hole intercept length of 0.40 metres and a weighted average grade of 7.18 g Au/t and 567 g Ag/t at an average below surface depth of 71 metres and a down dip extent of over 200 metres. The second phase suggests the down-dip limits of the high-grade shoot in La Porfia veins of La Ivana target are sufficiently defined at this stage of exploration drilling - although high-grade mineralization is still open to the north, northwest and locally the southwest. It is inferred that the shoot within the plane of the vein is controlled by the intersection of the north-trending La Porfia vein with the northwest trending El Paraiso vein. This intersection pattern may be useful for locating high-grade shoots in the future. There may be a lithologic control to vein width with black schist typically hosting wider veins than green schist. Significant drill intercepts from La Ivana are provided in Table 1: Hole ID From (m) To (m) Width (m) g Au/t g Ag/t g Eq Au/t g Eq Ag/t SALP19DH01 64.60 64.95 0.35 10.8 115 12.0 1,173 SALP19DH02 39.98 40.26 0.28 22.5 52 23.0 2,257 SALP20DH03 48.86 49.35 0.49 58.1 876 67.0 6,570 SALP20DH03 80.74 81.20 0.46 5.8 1,445 20.6 2,016 SALP20DH04 22.92 23.90 0.98 21.3 4,68...

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