Gold and Silver Updates


VANCOUVER, BC, Jan. 5, 2021 /CNW/ – Outcrop Gold Corp. (TSXV: OCG) (OTCPK: MRDD.F) (DE: MRG1) (“Outcrop“) is happy to announce assay outcomes from a newly found shoot known as San Juan on its 100% owned Santa Ana venture in north Tolima, Colombia. Drilling continues within the San Juan and El Dorado targets 1.5 kilometres aside in numerous sub-parallel vein methods. San Juan is 150 metres north of the Roberto Tovar shoot alongside the identical vein system. Open high-grade mineralization extending south from Roberto Tovar will probably be examined within the San Antonio goal.


  • A fifth discovery is made in San Juan with 1.79 metres of 1,329 grams silver equal per tonne and 1 metre of 988 grams silver equal per tonne intercepted.
  • Roberto Tovar and San Juan present a good prevalence density of two massive shoots inside lower than 600 metres of drill-tested vein.
  • San Juan is the primary blind shoot found.

Desk 1: Discovery holes in San Juan shoot north of Roberto Tovar.

Gap ID  

From (m)  

To (m)  

Width (m)  

g Au/t  

g Ag/t  

% Pb  

% Zn  

g Eq Au/t  

g Eq Ag/t  









































Together with




















For equal calculations $1,900 per ounce gold, $26 per ounce silver, $0.87 per pound lead and $1.08 per pound zinc have been used. Intervals proven are drill intercept, true thickness will not be but calculated. Drill holes 49, 51, 53, and 54 didn’t have important intercepts outlined as 200 g eq Ag/t. 

San Juan is the fifth high-grade shoot found at Santa Ana in twelve months,” commented Joe Hebert, Chief Government Officer. “Exploration at Santa Ana has been very environment friendly producing a high-grade shoot on common for each 2,100 metres of drilling. Extra importantly, San Juan represents a singular exploration alternative being that it’s a blind discovery made by drilling beneath shallow anomalous shears close to an adjoining identified shoot. Outcrop is working to develop geochemical and structural vectors to blind mineralization.”

Sixty-seven holes have been drilled on Santa Ana for a complete of 11,486 metres. El Dorado and San Juan have drill holes in progress and assays are pending for six holes. The San Antonio goal will probably be examined after El Dorado, San Juan and Roberto Tovar are outlined alongside their floor hint. A further 4,600 metres are deliberate on this first section of exploration drilling, which is anticipated for completion in early 2021. 

Drilling on San Juan thus far displays solely its southern margin and never its central core. Like Roberto Tovar, intercept thicknesses could improve throughout the shoot core and grouped parallel veins could happen. On the depths drilled, San Juan is inferred to be a separate shoot 150 metres north of Roberto Tovar however with very related geometry. Each Roberto Tovar and San Juan are excessive angle. The construction containing the San Juan shoot continues to the floor above the elevation of high-grade mineralization as anomalous shears containing small quantities of weakly mineralized epithermal quartz. An statement throughout the controlling construction however above high-grade means that elevated arsenic, cadmium, antimony, lead, zinc and minor tungsten, tin, and lithium depletion is likely to be pathfinder parts in fluid outflow zones above shoots. This geochemical signature could result in a mannequin for drilling blind mineralization. Importantly, Roberto Tovar and San Juan present a density of two massive shoots inside lower than 600 metres of vein.

For an epithermal vein-system, the shoots at Santa Ana are exceptionally massive, usually over 200 metres in size as a hint at floor and over 250 to 300 metres down-dip throughout the vein. All shoots are open at depth and most shoots are additionally open in a minimum of one path alongside their floor hint.

Section 1: Roberto Tovar and San Juan Long Section. Values in gold equivalent times drill intercept metre. Roberto Tovar to south and 150 metres to north new San Juan discovery. Assays for 66 and 68 are pending. Drilling will delineate the Roberto Tovar and San Juan shoots and then test the San Antonio target south along the same vein  from open high-grade mineralization in Roberto Tovar. (CNW Group/Outcrop Gold Corp.)

Section 2: Discovery hole 60 intersecting San Juan shoot 150 metres below surface. The Santa Ana vein is the primary vein and Delhuyar secondary vein within “package”. The secondary veins can be strongly mineralized locally. (CNW Group/Outcrop Gold Corp.)

Map 1: Five high-grade shoots discovered to date include, La Ivana, Megapozo, Roberto Tovar, El Dorado and San Juan with less than 30% of projected vein systems tested. The southern limit of the San Juan shoot is delimited by drill-holes 57 and 60, 150 metres north of the northern limit of Roberto Tovar. Assays are pending for holes 66 and 68 testing San Juan to the north. The San Antonio target will test for open extensions of Roberto Tovar to the south - and for another possible close-spaced shoot. All targets have produced high-grade shoots. (CNW Group/Outcrop Gold Corp.)


Core samples have been despatched to ALS Chemex in Medellin for preparation after which to ALS Chemex in Toronto for evaluation, with roughly three management samples inserted (one clean, one commonplace and one discipline duplicate for every twenty samples). The samples have been analyzed for gold utilizing commonplace fire-assay on a 50-gram pattern with a gravimetric end. Multi-element geochemistry was decided by ICP-MS utilizing both aqua regia (ME-MS41) or 4 acid (ME-MS61) digestion. Comparability to manage samples and their commonplace deviations signifies acceptable accuracy of the assays and no detectible contamination.

About Santa Ana Undertaking

The Santa Ana venture includes over 25,000 ha situated in northern Tolima Division, Colombia, 190 km from Bogota. The venture consists of 5 regional scale parallel vein methods throughout a development 12 kilometres broad and 30 kilometres lengthy. The Santa Ana venture covers a major a part of the Mariquita District the place mining information date to a minimum of 1585. The Mariquita District is the highest-grade main silver district in Colombia, with historic silver grades reported to be among the many highest in Latin America from dozens of mines.

Historic mining depths help a geologic and exploration mannequin for composite mesothermal and epithermal vein methods having mineralization that possible extends to nice depth. At Santa Ana it’s unlikely that there’s sharp elevation restriction widespread to high-grade zones in lots of epithermal methods with no mesozonal element.

On the core Santa Ana venture, situated on the northern extent of simply one of many regional vein methods, a minimum of twelve precept vein zones are acknowledged that cumulatively present as much as 14 km of cumulative strike size – La Ivana (La Porfia vein system), Roberto Tovar  (Royal Mines, together with the Santa Ana, Delhuyar and Roberto Tovar vein methods), San Juan (Santa Ana and Delhuyar vein methods), El Dorado (El Dorado and El Paraiso vein methods), Morales, Pollera, Guanabanera, San Antonio, Palomos, Murillo, Culebra and Megapozo (El Paraiso vein system). Every zone generally accommodates a number of parallel veins. The veins can present each high-grade silver and high-grade gold mineralization and could also be each high and low angle relying on native controls. Drilling signifies that mineralization extends from floor or close to floor to depths of a minimum of 300 to 450 metres.

About Outcrop Gold

Outcrop is a hybrid prospect generator energetic in Colombia buying gold and silver exploration tasks with world-class discovery potential.  Outcrop performs its personal grass roots exploration after which employs a three way partnership enterprise mannequin on its tasks to maximise investor publicity to discovery and decrease monetary threat.  Outcrop has seven main tasks in Colombia with three at a complicated stage of exploration. Outcrop will conduct centered drilling on flagship properties resembling Santa Ana to create its personal catalysts for worth creation.

Certified particular person

The technical data on this information launch has been permitted by Joseph P Hebert, a professional particular person as outlined in NI43-101 and President and Chief Government Officer of Outcrop.


Joseph P Hebert, Chief Government Officer
+1 775 340 0450
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