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Outcrop Gold Intercepts 0.61 Metre of 29 Grams Gold per Tonne and 1,675 Grams Silver per Tonne at Santa Ana
Vancouver, British Columbia--(Newsfile Corp. - March 2, 2020) - Outcrop Gold Corp. ( TSXV: O...
About this update from Outcrop Silver & Gold Corporation
[{"type":"text","content":"Outcrop Gold Intercepts 0.61 Metre of 29 Grams Gold per Tonne and 1,675 Grams Silver per Tonne at Santa AnaVancouver, British Columbia--(Newsfile Corp. - March 2, 2020) - Outcrop Gold Corp. (TSXV: OCG) (\"Outcrop\") is pleased to announce further drilling results on its 100% owned Santa Ana Project in north Tolima, Colombia from an additional five holes in the Porfia vein of the Ivana vein system. Eight of nine holes reported have provided significant high grade mineralization. Most recent highlights include:0.61 metre of 29.0 grams gold per tonne and 1,675 grams silver per tonne 0.58 metre of 36.2 grams gold per tonne and 325 grams silver per tonne 0.85 metre of 21.4 grams gold per tonne and 373 grams silver per tonne For the nine holes reported to date the average downhole intercept length is 0.52 m with a weighted average grade of 21.7 g Au/t and 1,329 g Ag/t. The weighted average for equivalent gold is 36.9 g Eq Au/t and the weighted average for equivalent silver is 3,224 Eq Ag/t. \"It is remarkable and encouraging that for all holes, both historic and from our recent drilling, that 94% of all holes have tagged high-grade silver and or gold,\" commented Joseph Hebert, Chief Executive Officer. \"Importantly, mineralization shows both good structural and grade continuity in individual 'shoots' on the order of over 200m along strike and 200m in dip with mineralization still open in two drilled targets that are 1.2km apart and within separate parallel vein systems. Numerous vein systems are being advanced as the project reveals higher potential with each round of drilling.\"Workings from 0.6m to over 1m were intersected frequently within the drill-pattern. This indicates that there are more stacked veins present than were intersected by drilling - and that likely some of the higher-grade and thicker segments of the vein were mined in the Spanish colonial period or after. For the most part these workings are excavated by hand and are not of great extent, shallow, and highly-selective to richer areas. The Porfia vein was advanced to drilling by mapping and projection from associated workings. When Outcrop drills targets advanced beyond the extent of old workings, along strike, and deeper than 100m to 150m, thicker and more numerous intercepts, higher grades, and a higher total count of stacked or parallel veins will be expected.La...