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OUTCROP SILVER ADDS THIRD DRILL RIG AT SANTA ANA TO EXPAND DISCOVERY POTENTIAL BEYOND CURRENT RESOURCE UPDATE

OUTCROP SILVER ADDS THIRD DRILL RIG AT SANTA ANA TO EXPAND DISCOVERY POTENTIAL BEYOND CURRENT RES...

articleOutcrop Silver & Gold CorporationJune 24, 20253/company/outcrop-silver-and-gold-corporation-1/news/outcrop-silver-adds-third-drill-rig-at-santa-ana-to-expand-discovery-potential-beyond-current-resource-update
OUTCROP SILVER ADDS THIRD DRILL RIG AT SANTA ANA TO EXPAND DISCOVERY POTENTIAL BEYOND CURRENT RESOURCE UPDATE

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[{"type":"text","content":"\n\n\n\n OUTCROP SILVER ADDS THIRD DRILL RIG AT SANTA ANA TO EXPAND DISCOVERY POTENTIAL BEYOND CURRENT RESOURCE UPDATE\n \n\n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n \n\n\n\n\n\n Canada NewsWire\n \n\n\n\n\n\n VANCOUVER, BC\n \n\n ,\n \n\n June 24, 2025\n \n\n /CNW/ -\n \n Outcrop Silver & Gold Corporation\n \n (TSXV: OCG) (OTCQX: OCGSF) (DE: MRG)\n \n (\"Outcrop Silver\")\n \n is pleased to announce the addition of a third drill rig at its flagship Santa Ana high-grade silver project in\n \n Colombia\n \n . This new rig will be dedicated exclusively to accelerating new discovery drilling beyond the Company's current 24,000-metre resource expansion program, which remains fully funded, on time, and on budget.\n \n\n As of\n \n June 23, 2025\n \n , Outcrop Silver has completed over 12,300 metres of drilling—reaching the halfway point of the 24,000-metre campaign—at 107% of forecast. The ongoing program is focused on expanding the existing resource base and incorporating newly discovered veins into the next mineral resource update targeted for Q1 2026. Veins prioritized for inclusion include Los Mangos, Aguilar, Jimenez, Guadual,\n \n Alaska\n \n , and La Ye.\n \n\n The decision to add a third rig is driven by two key factors: exceptional results in resource drilling to date, and significant progress on surface access across the district. In the first half of 2025 alone, Outcrop Silver secured 170 new land-use agreements—already exceeding the 113 signed in all of 2024—due to strong community relationships and local team leadership. These agreements support not only the current drill program but also future exploration through expanded access for soil sampling, mapping, and drill platform construction.\n \n\n The new rig will focus on high-priority discovery targets across Santa Ana's fully permitted 17-kilometre corridor, including historically significant areas such as Frias. The goal is to bring forward a pipeline of new discoveries that can support the Company's long-term growth strategy and subsequent mineral resource updates beyond the cu...

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