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Outcrop Gold Makes Fifth Discovery at Santa Ana With 0.56 Metres of 3,572 Grams Silver Equivalent Per Tonne
VANCOUVER, BC, Jan. 5, 2021 /CNW/ - Outcrop Gold Corp. (TSXV: OCG) (OTCPK: MRDD.F) (DE: MRG1) ("Outcrop") is pleased to announce assay results from a newly disc
About this update from Outcrop Silver & Gold Corporation
[{"type":"text","content":" VANCOUVER, BC, Jan. 5, 2021 /CNW/ - Outcrop Gold Corp. (TSXV: OCG) (OTCPK: MRDD.F) (DE: MRG1) (\"Outcrop\") is pleased to announce assay results from a newly discovered shoot called San Juan on its 100% owned Santa Ana project in north Tolima, Colombia. Drilling continues in the San Juan and El Dorado targets 1.5 kilometres apart in different sub-parallel vein systems. San Juan is 150 metres north of the Roberto Tovar shoot along the same vein system. Open high-grade mineralization extending south from Roberto Tovar will be tested in the San Antonio target. Highlights A fifth discovery is made in San Juan with 1.79 metres of 1,329 grams silver equivalent per tonne and 1 metre of 988 grams silver equivalent per tonne intercepted. Roberto Tovar and San Juan provide a favorable occurrence density of two large shoots within less than 600 metres of drill-tested vein. San Juan is the first blind shoot discovered. Table 1: Discovery holes in San Juan shoot north of Roberto Tovar. Hole ID From (m) To (m) Width (m) g Au/t g Ag/t % Pb % Zn g Eq Au/t g Eq Ag/t SART20DH57 133.23 133.80 0.57 0.24 221 0.06 0.12 3.3 243 SART20DH57 217.44 217.84 0.40 0.86 198 0.05 0.13 3.6 265 SART20DH60 233.43 234.42 0.99 0.35 954 0.14 0.18 13.5 988 SART20DH62 215.92 217.71 1.79 0.63 1,274 0.18 0.16 18.2 1,329 Including 217.15 217.71 0.56 1.28 3,454 0.49 0.45 48.9 3,572 SART20DH64 216.80 217.40 0.60 3.59 20 0.05 0.16 3.9 288 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 are not yet calculated. Drill holes 49, 51, 53, and 54 did not have significant intercepts defined as 200 g eq Ag/t. \"San Juan is the fifth high-grade shoot discovered at Santa Ana in twelve months,\" commented Joe Hebert, Chief Executive Officer. \"Exploration at Santa Ana has been very efficient producing a high-grade shoot on average for every 2,100 metres of drilling. More importantly, San Juan represents a unique exploration opportunity being that it is a blind discovery made by drilling below shallow anomalous shears near an adjacent known shoot. Outcrop is working to develop geochemical and structural vectors to blind mineralization.\" Sixty-seven holes have been...