Outcrop Silver & Gold Corporation Expands La Ye Vein System at…

Outcrop Silver & Gold Corporation has significantly extended the La Ye vein system at its Santa Ana project in Colombia, increasing the strike length to over 500 meters and confirming mineralization to a depth of 200 meters. The project holds promising resource estimates and a strategic exploration plan for 2024 focuses on resource growth and responsible mining.

Outcrop Silver & Gold Corporation has announced a significant extension of the La Ye vein system at its Santa Ana project located in Colombia. Recent drilling efforts have increased the vein’s strike length by 450 meters, bringing the total strike length to over 500 meters and confirming mineralization depths reaching 200 meters.

The Santa Ana project covers 27,000 hectares in the historically renowned Mariquita District, noted for being Colombia’s largest and highest-grade primary silver area. A maiden resource estimate, provided in a June 8, 2023, NI 43-101 Technical Report by AMC Mining Consultants, reveals an estimated indicated resource of 24.2 million ounces of silver equivalent at a grade of 614 grams per ton, along with an inferred resource totaling 13.5 million ounces at 435 grams per ton.

Located approximately four kilometers south of the current mineral resource area, the La Ye vein has shown promising high-grade silver-gold mineralization in both concentrated zones and more extensive mineralized intervals, indicating potential for substantial growth in resources at the Santa Ana project.

For 2024, Outcrop Silver plans to focus on extending known mineralization and exploring new high-potential areas along a substantial 30-kilometer mineralized trend. This strategy is aimed at establishing a pathway for considerable resource expansion, positioning the Santa Ana project as an economically viable and environmentally responsible high-grade silver mining operation.

The company underscores its commitment to responsible mining practices and active community engagement, emphasizing the importance of contributing positively to the local economy while adhering to principles of sustainable development. Continued exploration efforts at Santa Ana include ongoing drilling and analysis to further define the resource potential of the project.

In summary, Outcrop Silver & Gold Corporation has announced significant developments at its Santa Ana project, with the extension of the La Ye vein system indicating substantial mineral resource growth potential. The company’s exploration strategy for 2024 aims at further expanding known mineralization while adhering to responsible mining practices and community engagement. As exploration progresses, Santa Ana is positioned to evolve into a notable silver mining operation.

Original Source: www.financecolombia.com