Outcrop Gold (TSXV: OCG) released results this morning from its ongoing drilling being conducted at its Santa Ana project located in North Tolima, Colombia. The results come from the Roberta Tovar target, where drilling remains ongoing. Highlights from the most recent results include 3.52 metres of 785 g/t silver equivalent, along with 1.53 metres of 1,408 g/t silver equivalent.
The highlight results come from what has been labeled as the deepest drill holes conducted at the target to date, with mineralization extending to 300 metres. Deep drilling at La Ivana, which was conducted to depths of over 450 metres, has also demonstrated mineralization at depth via the presence of quartz-sulfide veins at depths more than 240 metres below previous intercepts. Assays remain pending for this deep drill hole.
Results from a total of three drill holes were released this morning, all of which come from the Roberto Tovar target. The recent drilling has demonstrated that the target extends beyond 200 metres at surface, as well as a further 300 metres down dip, while remaining open in all directions. The taret is said to contain thicker drilled vein intercepts than other targets on the property, with the veins being a high angle vein set.
|Hole ID||From (m)||To (m)||Width (m)||g Au/t||g Ag/t||% Pb||% Zn||g Eq Au/t||g Eq Ag/t|
Outcrop to date has completed a total of 51 holes on the property for a total of 7,400 metres, with an additional 4,600 metres planned and anticipated to be completed early in the first quarter of 2021. Drilling remains ongoing at the Roberta Tovar and El Dorado targets, while assays are currently pending for holes 47 through 51.
Outcrop Gold last traded at $0.43 on the TSX Venture.
Information for this briefing was found via Sedar and Outcrop Gold Corp. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.
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