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Outcrop Silver & Gold Provides Update on Exploration and Metallurgical Studies at Santa Ana
VANCOUVER, BC, Feb. 23, 2022 /CNW/ - Outcrop Silver & Gold Corporation (TSXV: OCG) (OTCQX: OCGSF) (DE: MRG1) ("Outcrop") is pleased to provide an update on the
About this update from Outcrop Silver & Gold Corporation
[{"type":"text","content":" VANCOUVER, BC, Feb. 23, 2022 /CNW/ - Outcrop Silver & Gold Corporation (TSXV: OCG) (OTCQX: OCGSF) (DE: MRG1) (\"Outcrop\") is pleased to provide an update on the exploration program and metallurgical test work in progress at its 100% owned Santa Ana high-grade silver project in Colombia. Outcrop has completed a fluid inclusion study and commenced a LiDAR survey covering 19,000 hectares to generate new vein targets. Outcrop has also prepared four sample composites from the Ivana and Megapozo shoots to be sent to SGS for initial metallurgical test work as part of a Maiden Resource Estimate to be completed by the end of year. Highlights Mapping and sampling of trenches and outcrops show that El Dorado vein system extends a further 700 metres to the north of the Dorado shoot and consists of at least two sub-parallel veins. Surface sampling of outcrop and float show gold and silver assays up 29 g Au/t and 3,838 g Ag/t in the Dorado North target area. A second drill-rig was added south of the historic Santa Ana mines to drill the new Isabela target. Fluid inclusion and mineralogic studies of seven samples from core and outcrop revealed temperatures and salinities consistent with a mesothermal, orogenic vein system, suggesting mineralization could extend to significant depths. Mineralogic studies revealed that the main silver bearing phases are tetrahedrite, acanthite, native silver, and silver-rich electrum. Importantly, it was observed that the silver bearing phases rim or fill factures of early pyrite, sphalerite and galena which can indicate good metallurgical recoveries from conventional milling. MPX Geophysics commenced a LiDAR survey over 19,000 hectares to locate drill-hole collars more accurately and to advance regional exploration. High-resolution LiDAR DTM is able to penetrate vegetation to map vein structures and old mine workings. This will significantly enhance the target generation process. In preparation for a Maiden Resource Estimate by year end, four 50 kg sample composites of high and low grades from the Ivana and Megapozo shoots were selected for metallurgical testing at SGS. Preliminary metallurgical test results expected by end of March. \"With the addition of the second drill-rig on Isabela and the recent confirmation of two parallel veins in El Dorado, we anticipate that we will maintain a steady flow of dr...