Outcrop Silver’s high-grade hits confirm size of Los Mangos system in Colombia

Published: 2025-05-14 14:56 Author: Northern Miner Staff

Source: MINING.COM (Original Article)

AI Analysis & Insights

Outcrop Silver Unveils Promising High-Grade Results at Los Mangos Vein System in Colombia

Summary: Outcrop Silver & Gold has reported significant high-grade silver and gold intercepts at its Santa Ana project in Colombia, particularly within the Los Mangos vein system. Key results include a 3.86-meter intercept grading 433 grams silver and 2.51 grams gold per tonne, alongside a backdrop of rising silver prices and strong industrial demand.

Introduction

Outcrop Silver & Gold (TSXV: OCG) has released promising drill results from its Santa Ana project in west-central Colombia, confirming the potential of the Los Mangos vein system. Located near Falan in Tolima Department, approximately 200 km west of Bogota, the project continues to demonstrate high-grade silver and gold mineralization, positioning it as a key asset in a historically significant mining district.

Main Body

Significant Drill Results at Los Mangos The latest drilling at Santa Ana has yielded impressive intercepts, with highlight hole DH464 cutting 3.86 meters at 433 grams silver per tonne and 2.51 grams gold per tonne from 225 meters depth. This includes a 1-meter section grading 984 grams silver and 3.37 grams gold. These results follow another notable intercept in hole DH459, which returned 18.3 meters at 736 grams silver and 3.41 grams gold, including a high-grade core of 5.2 meters at 1,809 grams silver and 9.7 grams gold—one of the highest-grade intercepts ever recorded at the project.

Additional results from hole DH461 showed 5.27 meters grading 195 grams silver and 0.17 grams gold, with a narrower section of 0.61 meters at 1,213 grams silver and 0.92 grams gold. According to CEO Ian Harris, these intercepts bolster the potential for significant resource growth in the central portion of Santa Ana, supporting the company’s fully funded 24,000-meter drill program aimed at converting discoveries into ounces for the next resource update.

Market Context and Silver Price Surge The timing of these results aligns with a favorable market for silver, which has risen 14% this year to $32.16 per ounce. Driven by growing industrial demand in sectors like electronics, solar panels, and electric vehicles, silver prices have reached levels not seen since 2013. This trend provides a strong tailwind for companies like Outcrop Silver, enhancing the economic viability of projects such as Santa Ana.

Strategic Location and Resource Base Situated in the Mariquita District—Colombia’s largest and highest-grade silver region with mining history dating back to the 16th century—the 270-sq.-km Santa Ana project holds substantial promise. The project’s current resource estimate includes 1.22 million indicated tonnes at 446 grams silver and 2.3 grams gold, equating to 17.5 million ounces of silver and 88,800 ounces of gold, alongside inferred resources of 966,000 tonnes at 312 grams silver and 1.6 grams gold.

Analysis and Questions for the Future While these results are undoubtedly positive, questions remain about the scalability of the Los Mangos system and its integration into the broader Santa Ana corridor, which spans 17 km. How will Outcrop balance exploration with the need for infrastructure development in a remote region? Additionally, with silver’s price surge tied to industrial demand, could a slowdown in sectors like electric vehicles impact long-term project economics? These factors warrant close monitoring as the company advances its drill program.

From an industry perspective, Outcrop’s focus on high-grade zones aligns with a broader trend of junior miners prioritizing quality over quantity in resource development amid volatile commodity markets. The Santa Ana project could serve as a case study for sustainable exploration in historically rich but underexplored regions, provided environmental and community concerns are adequately addressed.

Conclusion:

Outcrop Silver & Gold’s latest drill results at the Santa Ana project underscore the high-grade potential of the Los Mangos vein system, offering a glimpse of significant resource growth. With silver prices on an upward trajectory and industrial demand robust, the company is well-positioned to capitalize on market conditions. However, challenges related to scalability, infrastructure, and market volatility remain, making the next phases of exploration and development critical to watch.

Outcrop Silver在哥伦比亚Los Mangos矿脉系统公布高品位钻探成果

摘要: Outcrop Silver & Gold在哥伦比亚Santa Ana项目中报告了重要的银和金高品位截距，特别是在Los Mangos矿脉系统内。关键结果包括3.86米厚的矿段，银品位433克/吨，金品位2.51克/吨，同时银价上涨和工业需求强劲为背景。

引言

Outcrop Silver & Gold (TSXV: OCG) 公布了其位于哥伦比亚中西部Santa Ana项目的最新钻探结果，确认了Los Mangos矿脉系统的潜力。该项目位于托利马省法兰附近，距首都波哥大以西约200公里，继续展现出高品位的银和金矿化特征，使其成为历史悠久的矿区中的关键资产。

主体

Los Mangos的重要钻探结果 Santa Ana的最新钻探取得了令人印象深刻的结果，亮点钻孔DH464在225米深度截获了3.86米厚的矿段，银品位433克/吨，金品位2.51克/吨，其中包括1米厚的矿段，银品位984克/吨，金品位3.37克/吨。这些结果紧随另一重要截距钻孔DH459之后，该钻孔返回了18.3米厚的矿段，银品位736克/吨，金品位3.41克/吨，其中包括5.2米高品位核心，银品位1809克/吨，金品位9.7克/吨——这是Santa Ana项目有史以来最高品位的截距之一。

钻孔DH461的额外结果显示，5.27米厚的矿段银品位195克/吨，金品位0.17克/吨，其中0.61米厚的矿段银品位1213克/吨，金品位0.92克/吨。据首席执行官Ian Harris表示，这些截距增强了Santa Ana中部地区显著资源增长的潜力，支持公司全额资助的24,000米钻探计划，旨在将发现转化为资源量以用于下一次资源更新。

市场背景与银价飙升 这些结果公布的时机与银市的有利环境相吻合，银价今年已上涨14%，达到每盎司32.16美元。在电子、太阳能板和电动车等行业的工业需求增长推动下，银价达到了自2013年以来的最高水平。这一趋势为Outcrop Silver等公司提供了强有力的支持，增强了Santa Ana等项目的经济可行性。

战略位置与资源基础 Santa Ana项目占地270平方公里，位于哥伦比亚最大的高品位银矿区Mariquita区，该区采矿历史可追溯至16世纪，潜力巨大。项目目前的资源估算包括122万吨指示资源，银品位446克/吨，金品位2.3克/吨，相当于1750万盎司银和8.88万盎司金，以及96.6万吨推断资源，银品位312克/吨，金品位1.6克/吨。

分析与未来问题 尽管这些结果无疑是积极的，但关于Los Mangos系统的可扩展性及其在长达17公里的Santa Ana矿化走廊中的整合仍存在疑问。Outcrop如何在偏远地区平衡勘探与基础设施开发需求？此外，随着银价飙升与工业需求挂钩，电动车等行业的放缓是否会影响项目的长期经济性？这些因素值得密切关注，公司推进钻探计划时需谨慎。

从行业角度看，Outcrop专注于高品位区域的策略与初级矿业公司在商品市场波动中优先考虑资源质量而非数量的趋势一致。如果能妥善处理环境和社区问题，Santa Ana项目可能成为历史悠久但勘探不足地区可持续勘探的案例研究。

结论:

Outcrop Silver & Gold在Santa Ana项目的最新钻探结果凸显了Los Mangos矿脉系统的高品位潜力，展示了显著资源增长的前景。随着银价持续上涨和工业需求强劲，公司有良好的市场条件可以利用。然而，可扩展性、基础设施和市场波动性等挑战依然存在，使得勘探和开发的下一阶段至关重要，值得密切关注。