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    OCG   CA69002Q1054

OUTCROP SILVER & GOLD CORPORATION

(OCG)
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Outcrop Silver & Gold Corporation Expands San Antonio with 0.81 Metres of 2,225 Grams Silver Equivalent Per Tonne

07/06/2021 | 08:09am EDT

Outcrop Silver & Gold Corporation announced assay results that expand the San Antonio discovery and suggest that the San Antonio, Roberto Tovar and San Juan shoots may converge at depth into a single continuous 1,200 metre-long zone of mineralization. DH139 extends San Antonio to 220 metres depth where it remains open. (CNW Group/Outcrop Gold Corp.) Recent drilling has expanded San Antonio from 150 to over 220 metres at depth. If San Antonio extends to the depth of the adjacent Roberto Tovar shoot, it will contain over 400 metres of vertical elevation. Importantly drill intercepts and grade contours suggest that from south to north, San Antonio, Roberto Tovar, and San Juan may merge into a continuous or near continuous zone of mineralization up to 1,200 metres long. The vein system containing these shoots also remains open to the south and north. Sections 2 and 3: Silver Equivalent and Gold Equivalent g/t illustrating possible continuity at depth of San Antonio, Roberto Tovar and San Juan into a continiuous shoot. (CNW Group/Outcrop Gold Corp.) Sections 2 and 3: Silver Equivalent and Gold Equivalent g/t illustrating possible continuity at depth of San Antonio, Roberto Tovar and San Juan into a continiuous shoot. (CNW Group/Outcrop Gold Corp.) Core samples are sent to either Actlabs in Medellin or ALS Chemex in Medellin for preparation and then to ALS Chemex in Toronto or Lima, Peru for analysis. In line with QA/QC best practice, approximately three control samples are inserted per twenty samples (one blank, one standard and one field duplicate). The samples are analysed for gold using standard fire-assay on a 50-gram sample with a gravimetric finish. Multi-element geochemistry is determined by ICP-MS using either aqua regia (ME-MS41) or four acid (ME-MS61) digestion. Comparison to control samples and their standard deviations indicates acceptable accuracy of the assays and no detectible contamination.


ę S&P Capital IQ 2021
Stocks mentioned in the article
ChangeLast1st jan.
MSCI PERU (GDTR) -1.98% 4548.71 Real-time Quote.-27.18%
OUTCROP SILVER & GOLD CORPORATION 5.00% 0.21 Delayed Quote.-67.19%
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Financials
Sales 2020 - - -
Net income 2020 -5,03 M -3,94 M -3,94 M
Net cash 2020 5,96 M 4,67 M 4,67 M
P/E ratio 2020 -8,39x
Yield 2020 -
Capitalization 27,8 M 21,7 M 21,8 M
EV / Sales 2019 -
EV / Sales 2020 -
Nbr of Employees 12
Free-Float 67,0%
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Managers and Directors
Joseph P. Hebert President, Chief Executive Officer & Director
Lisa Peterson Chief Financial Officer
Ian Paul Slater Executive Chairman
Kevin Nishi Independent Director
Jay Edward Sujir Independent Director
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