Outcrop Silver & Gold Corporation announced the results of four additional core holes designed to expand the high-grade in the Megapozo shoot on its 100% owned Santa Ana high-grade silver project in Colombia. Compositing together two close-spaced veins in drill hole DH316 provides a true thickness of 5.89 metres of 426 grams equivalent silver per tonne. The ability to composite locally close-spaced veins, while maintaining significant grade in multiple high-grade shoots may significantly increase the overall average true thickness of mineralization at Santa Ana.

New drill results extend Megapozo shoot towards the northwest. Drilling definition shows that the Megapozo shoot extends from the surface to 600 metres down-dip where mineralization remains open. Two close-spaced veins in drill hole DH316 can be composited together with intervening wall-rock for 5.89 true thickness at 426 grams equivalent silver per tonne.

Drill hole DH319 intercepted 2.72 metres true thickness of 445 grams equivalent per tonne, including 0.57 true thickness of 1,149 grams equivalent silver per tonne. Fifty-three holes have been drilled to date in the Megapozo shoot; twenty-one returned high-grade assays, and one with pending assays. The Megapozo shoot within the Paraiso vein has an average estimated true width of 0.71 metres with a weighted average grade of 1,311 grams equivalent silver per tonne.

Metal prices used for equivalent calculations were USD 1,827/oz for gold, USD 21.24/oz for silver, USD 0.90/lb for lead and USD 1.56/lb for zinc. Metallurgical recoveries assumed are 93% for gold, 90% for silver, 90% for lead and 92% for zinc.