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Outcrop Gold Intercepts 0.4 Metres of 5.4 Grams Gold per Tonne and 1,710 Grams Silver per Tonne
Vancouver, British Columbia--(Newsfile Corp. - June 8, 2020) - Outcrop Gold Corp. ( TSXV: OC...
About this update from Outcrop Silver & Gold Corporation
[{"type":"text","content":"Outcrop Gold Intercepts 0.4 Metres of 5.4 Grams Gold per Tonne and 1,710 Grams Silver per TonneVancouver, British Columbia--(Newsfile Corp. - June 8, 2020) - Outcrop Gold Corp. (TSXV: OCG) (\"Outcrop\") is pleased to announce the first drill results from the phase 2 program on its 100% owned Santa Ana Project in north Tolima, Colombia. After mapping and sampling along surface and in historic adits, Phase 1 drilling tested La Ivana target with nine holes with 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. Current drilling is confirming projections of the La Ivana target at depth below those intercepts.Drilling commenced on May 5th with eight holes completed for a total of 975 metres in this phase of drilling to date. Assays from the first four holes have been received with highlights of:0.38 metres of 6.9 grams gold per tonne and 1,030 grams silver per tonne0.40 metres of 5.4 grams gold per tonne and 1,710 grams silver per tonne\"It is exciting to confirm La Ivana extends at depth and we are eagerly anticipating results from the remaining holes,\" comments Joe Hebert, Chief Executive Officer. \"We are also looking forward to drill testing the new surface discoveries at El Dorado, Megapoza and the other targets which have never been drilled.\" 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 1,176 SALP19DH02 39.98 40.26 0.28 29.0 52 29.5 2,902 SALP20DH03 48.86 49.35 0.49 58.1 876 67.0 6,586 SALP20DH03 80.74 81.20 0.46 5.8 1,445 20.5 2,018 SALP20DH04 22.92 23.90 0.98 21.3 4,680 68.9 6,773 SALP20DH04 46.35 46.83 0.48 3.8 436 8.2 808 SALP20DH06 19.50 19.75 0.25 8.4 175 10.2 999 SALP20DH06 57.10 57.95 0.85 21.4 373 25.2 2,476 SALP20DH08 83.72 84.33 0.61 29.0 1,675 46.0 4,525 SALP20DH09 82.50 83.08 0.58 36.2 325 39.5 3,883 SALP20DH13 70.15 70.45 0.30 10.7 26 10.9 1,072 SALP20DH13 108.80 109.60 0.80 2.7 37 3.1 304 SALP20DH14 103.35 103.73 0.38 6.9 1,030 17.4 1,709 SALP20DH15 88.25 88.62 0.37 4.8 496 9.9 969 SALP20DH16 65.70 66.10 0.40 5.4 1,710 22.7 2,236 SALP20DH16 96.50 97.53 1.03 2.0 459 6.7 656 including 96.50 97.03 0.53 2.8 864 11.6 1,139  Table 1: Silver equivalent and gold equivalent values are calculated using metal prices of $1,720/oz for gold and $17.5/oz f...