La Ivana Highlights
- 0.55 metres of 19 grams gold equivalent per tonne or 1,389 grams silver equivalent per tonne intercepted in the first assays returned from La Ivana delineation drilling.
- For all significant holes in La Ivana the weighted average grade is 24.7 grams gold equivalent per tonne or 1,805 grams silver equivalent per tonne.
- La Ivana currently extends to 350 metres down dip where it remains open at depth and in two directions along strike.
- Modelling shows La Ivana is a complex of six parallel stacked veins grouped within an interval of 50 to 75 metres wide.
- Grades and widths improve at depth in La Ivana.
"We are very pleased with the results of the first few holes of our delineation drilling as we continue to expand upon our known vein systems," comments
One drill rig is delineating the five discoveries to date (La Ivana, Megapozo,
Continued drilling confirms that La Ivana shoot is comprised of a complex of six low-angle, parallel veins (Section 1) that strike north and dip to the west. The vein complex of the shoot extends for over 250 metres width along strike. The main highwall and footwall La Porfia veins of La Ivana shoot extend to depths of over 350 metres where they are open at depth. Definition drilling will extend the vein segments between the highwall and footwall La Porfia veins.
Significant intercepts in La Ivana shoot range from a low of 238 to a high of 6,401 equivalent g Ag/t. Fourteen of twenty-five intercepts are of greater than 1,000 equivalent g Ag/t. The weighted average grade for all significant intercepts is 1,805 equivalent g Ag/t and the average intercept thickness is 0.52 metres. The shoot rakes or plunges to the northwest within the plane of the vein and shows a core of higher-grade and a wider mineralization with depth (Section 2).
Table 1: La Ivana drill intercepts.
Hole ID | From (m) | To (m) | Width (m) | g Au/t | g Ag/t | % Pb | % Zn | g Eq Au/t | g Eq Ag/t |
SALP19DH01* | 64.60 | 64.95 | 0.35 | 10.8 | 115 | 0.09 | 0.00 | 12.5 | 915 |
SALP19DH02* | 39.98 | 40.26 | 0.28 | 22.5 | 52 | 0.09 | 0.00 | 23.3 | 1,706 |
SALP19DH03* | 48.86 | 49.35 | 0.49 | 58.1 | 876 | 0.47 | 0.00 | 70.2 | 5,133 |
SALP19DH03* | 80.74 | 81.20 | 0.46 | 5.8 | 1,445 | 0.26 | 0.00 | 25.8 | 1,884 |
SALP19DH04* | 22.92 | 23.90 | 0.98 | 21.3 | 4,680 | 2.96 | 3.00 | 87.6 | 6,401 |
SALP19DH04* | 46.35 | 46.83 | 0.48 | 3.8 | 436 | 0.36 | 0.00 | 10.0 | 729 |
SALP19DH05* | NSR | ||||||||
SALP19DH06* | 19.50 | 19.75 | 0.25 | 8.4 | 175 | 0.29 | 0.13 | 10.9 | 799 |
SALP19DH06* | 57.10 | 57.95 | 0.85 | 21.4 | 373 | 1.10 | 1.54 | 27.4 | 2,006 |
SALP19DH07* | 71.40 | 71.80 | 0.40 | 3.1 | 246 | 0.17 | 0.20 | 6.6 | 482 |
SALP19DH08* | 83.72 | 84.33 | 0.61 | 29.0 | 1,675 | 1.51 | 3.64 | 53.8 | 3,933 |
SALP19DH09* | 82.50 | 83.08 | 0.58 | 36.2 | 325 | 1.52 | 1.50 | 41.7 | 3,048 |
SALP19DH10* | NSR | ||||||||
SALP19DH11* | NSR | ||||||||
SALP19DH12* | 47.45 | 48.00 | 0.55 | 1.1 | 316 | 0.20 | 0.14 | 5.5 | 403 |
SALP19DH13* | 70.15 | 70.45 | 0.30 | 10.7 | 26 | 0.00 | 0.01 | 11.1 | 808 |
SALP19DH13* | 108.80 | 109.60 | 0.80 | 2.7 | 37 | 0.14 | 0.02 | 3.3 | 238 |
SALP19DH14* | 103.35 | 103.73 | 0.38 | 6.9 | 1,030 | 2.05 | 3.75 | 23.1 | 1,688 |
SALP19DH15* | 88.25 | 88.62 | 0.37 | 4.8 | 496 | 0.40 | 1.21 | 12.2 | 890 |
SALP19DH16* | 65.7 | 66.10 | 0.40 | 5.4 | 1,710 | 0.66 | 1.20 | 29.4 | 2,150 |
SALP19DH16* | 96.50 | 97.53 | 1.03 | 2.0 | 459 | 0.26 | 0.45 | 8.5 | 624 |
Including | 96.50 | 97.03 | 0.53 | 2.8 | 864 | 0.48 | 0.82 | 15.1 | 1,103 |
SALP19DH17* | 62.48 | 62.85 | 0.37 | 14.2 | 361 | 0.92 | 0.75 | 19.7 | 1,441 |
SALP19DH18* | NSR | ||||||||
SALP19DH19* | 57.91 | 58.30 | 0.39 | 11.0 | 360 | 0.71 | 0.27 | 16.3 | 1,188 |
SALP19DH20* | NSR | ||||||||
SAED20DH52* | 11.32 | 12.19 | 0.87 | 17.2 | 35 | 0.08 | 0.11 | 17.7 | 1,293 |
SAED20DH52* | 131.50 | 132.00 | 0.50 | 1.2 | 219 | 0.39 | 0.14 | 4.4 | 323 |
SAED20DH55* | 185.15 | 185.45 | 0.30 | 4.6 | 310 | 0.84 | 0.62 | 9.4 | 685 |
SALP21DH86 | 48.38 | 48.68 | 0.30 | 4.4 | 15 | 0.11 | 0.04 | 4.7 | 340 |
SALP21DH86 | 74.37 | 75.04 | 0.67 | 1.7 | 244 | 0.11 | 0.21 | 5.2 | 380 |
SALP21DH88 | 96.70 | 97.25 | 0.55 | 12.1 | 468 | 0.57 | 0.78 | 19.0 | 1,389 |
For equivalent calculations
Table 2: Collar information for La Ivana drill holes.
Hole ID | Easting | Northing | Elevation (m) | Depth (m) | Azimuth | Dip |
SALP19DH01 | 505970.323 | 566787.371 | 955.735 | 126.00 | 115 | -62 |
SALP19DH02 | 505969.986 | 566786.721 | 955.712 | 119.80 | 155 | -50 |
SALP20DH03 | 505971.017 | 566788.897 | 955.672 | 108.20 | 64 | -55 |
SALP20DH04 | 506000.200 | 566906.683 | 890.919 | 107.30 | 115 | -46 |
SALP20DH05 | 505999.427 | 566905.429 | 890.711 | 99.80 | 160 | -50 |
SALP20DH06 | 505998.508 | 566907.230 | 885.490 | 100.10 | 70 | -55 |
SALP20DH07 | 505971.042 | 566919.734 | 891.208 | 109.00 | 115 | -65 |
SALP20DH08 | 505919.156 | 566874.638 | 900.730 | 110.00 | 115 | -45 |
SALP20DH09 | 505919.156 | 566874.638 | 900.730 | 109.20 | 115 | -60 |
SALP20DH10 | 505998.588 | 566960.851 | 869.400 | 105.10 | 115 | -60 |
SALP20DH11 | 505998.588 | 566960.851 | 869.400 | 104.20 | 115 | -80 |
SALP20DH12 | 505910.946 | 566704.606 | 952.610 | 101.90 | 115 | -55 |
SALP20DH13 | 505828.458 | 566898.714 | 905.014 | 138.68 | 115 | -47 |
SALP20DH14 | 505828.458 | 566898.714 | 905.014 | 130.04 | 115 | -70 |
SALP20DH15 | 505925.579 | 566941.131 | 874.195 | 109.72 | 115 | -53 |
SALP20DH16 | 505903.384 | 566948.282 | 874.825 | 124.96 | 115 | -80 |
SALP20DH17 | 505896.860 | 566821.711 | 923.757 | 126.48 | 115 | -57 |
SALP20DH18 | 505896.860 | 566821.711 | 923.757 | 129.54 | 115 | -80 |
SALP20DH19 | 505951.203 | 566796.357 | 945.644 | 96.00 | 115 | -76 |
SALP20DH20 | 505850.732 | 566714.919 | 940.478 | 132.31 | 115 | -48 |
SAED20DH52 | 505677.927 | 566860.169 | 887.090 | 220.00 | 90 | -55 |
SAED20DH55 | 505677.927 | 566860.169 | 887.090 | 230.12 | 64 | -64 |
SAED20DH67 | 505686.688 | 567004.911 | 902.245 | 250.16 | 115 | -45 |
SALP21DH86 | 505962.340 | 566874.710 | 905.060 | 88.69 | 88 | -70 |
SALP21DH88 | 505962.340 | 566874.710 | 905.060 | 121.00 | 6 | -82 |
QA/QC
Core samples are sent to either Actlabs in
About
The Santa Ana project comprises over 28,000 ha located in northern
Historic mining depths support a geologic and exploration model for composite mesothermal and epithermal vein systems having mineralization that likely extends to great depth. At Santa Ana it is unlikely that there is sharp elevation restriction common to high-grade zones in many epithermal systems with no mesozonal component.
At the core Santa Ana project, located at the northern extent of just one of the regional vein systems controlled by Outcrop, at least twelve principle vein zones are recognized that cumulatively provide up to 14 km of cumulative strike length – La Ivana (La Porfia vein system),
About
Outcrop is a hybrid prospect generator active in
Qualified person
The technical information in this news release has been approved by Joseph P Hebert, a qualified person as defined in NI43-101 and President and Chief Executive Officer of Outcrop.
ON BEHALF OF THE BOARD OF DIRECTORS
Joseph P Hebert, Chief Executive Officer | Mars Investor Relations |
+1 775 340 0450 | +1 647 557 6651 |
hebert@outcropgoldcorp.com | ocg@marsinvestorrelations.com |
www.outcropgoldcorp.com |
Neither the
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