In a news release, Outcrop Gold Corp. (OCG:TSX.V; MRDDF:OTCPK; MRG1:DB) introduced “further assay outcomes from the El Dorado goal on its 100% owned Santa Ana mission in north Tolima, Colombia.”

Outcrop Gold reported that the El Dorado goal assay outcomes returned 1.2 meters of 20.3 g/t gold or 1,486 g/t silver equal. The corporate famous that “further mineralized holes have expanded El Dorado, drilled important ends in the Paraiso vein and prolonged La Ivana shoot down dip.”

The corporate acknowledged that drilling information demonstrates that El Dorado consists of 4 or extra parallel, carefully spaced high-angle veins that stay open to enlargement. The agency famous that the adjoining low angle Paraiso vein could show to be a sixth high-grade discovery when it’s delineated by additional drilling. Outcrop acknowledged that the Paraiso vein continues 600 meters northeastward the place it hosts the Megapozo discovery.

The corporate’s President and CEO Joe Hebert commented, “Exploration success at Santa Ana continues to indicate quite a few shoots with good inside grade distribution and bodily continuity…Open strike and particularly depth extensions to mineralization may probably double the dimensions of the present shoots. Extra drilling is required to resolve whether or not Paraiso is one other important high-grade shoot between El Dorado and Megapozo.”

“A further high-grade intercept within the northern Paraiso, together with the lately found and blind San Juan shoot counsel that Santa Ana is a really target-rich setting, composed of a posh intersecting vein system with excessive shoot density,” Hebert added.

The corporate indicated that additionally it is advancing drill targets which are able to drill at San Antonio, north and south Morales and Palomos. The agency mentioned that it’ll proceed with this successive drill testing after El Dorado, Roberto Tovar and San Juan are delineated and their open extensions are closed off.

The corporate famous that the Santa Ana mission covers larger than 25,000 hectares and consists of 5 regional scale parallel vein programs throughout a 12 km huge, 30 km lengthy pattern. The agency indicated that on the core Santa Ana goal not less than 12 principal vein zones are acknowledged that collectively present as much as 14 km of cumulative strike size and that these veins typically present each high-grade silver and high-grade gold mineralization. The corporate suggested that drilling outcomes point out that mineralization extends from floor or close to floor to depths of 450 meters or extra.

[NLINSERT]

Disclosure:

1) Stephen Hytha compiled this text for Streetwise Stories LLC and offers companies to Streetwise Stories as an unbiased contractor. He or members of his family personal securities of the next firms talked about within the article: None. He or members of his family are paid by the next firms talked about on this article: None.

2) The next firms talked about on this article are billboard sponsors of Streetwise Stories: Outcrop Gold. Click on here for necessary disclosures about sponsor charges.

3) Feedback and opinions expressed are these of the precise consultants and never of Streetwise Stories or its officers. The knowledge supplied above is for informational functions solely and isn’t a suggestion to purchase or promote any safety.

4) The article doesn’t represent funding recommendation. Every reader is inspired to seek the advice of together with his or her particular person monetary skilled and any motion a reader takes on account of info offered right here is his or her personal duty. By opening this web page, every reader accepts and agrees to Streetwise Stories’ phrases of use and full authorized disclaimer. This text is just not a solicitation for funding. Streetwise Stories doesn’t render basic or particular funding recommendation and the data on Streetwise Stories shouldn’t be thought of a suggestion to purchase or promote any safety. Streetwise Stories doesn’t endorse or suggest the enterprise, merchandise, companies or securities of any firm talked about on Streetwise Stories.

5) Every so often, Streetwise Stories LLC and its administrators, officers, workers or members of their households, in addition to individuals interviewed for articles and interviews on the positioning, could have an extended or brief place in securities talked about. Administrators, officers, workers or members of their rapid households are prohibited from making purchases and/or gross sales of these securities within the open market or in any other case from the time of the choice to publish an article till three enterprise days after the publication of the article. The foregoing prohibition doesn’t apply to articles that in substance solely restate beforehand revealed firm releases. As of the date of this text, officers and/or workers of Streetwise Stories LLC (together with members of their family) personal securities of Outcrop Gold, an organization talked about on this article.