Outcrop Silver & Gold Corporation has announced a significant expansion of the La Ye vein system at the Santa Ana project in Colombia. The vein’s strike length has increased by 450 meters to over 500 meters, with confirmed mineralization extending to 200 meters deep. Their 2024 strategy involves further exploration and resource growth, reinforcing their commitment to sustainable mining practices.
Outcrop Silver & Gold Corporation has announced a considerable extension of the La Ye vein system at its Santa Ana project in Colombia. Recent drilling increased the vein’s strike length by 450 meters, now totaling over 500 meters, and confirmed mineralization reaching a depth of 200 meters. This development signifies a substantial advancement in the project’s exploration efforts.
The Santa Ana project, fully owned by Outcrop Silver, spans 27,000 hectares in Colombia’s Mariquita District, acknowledged as the largest and highest grade primary silver district in the nation. The project’s inaugural resource estimate, discussed in a June 8, 2023, “NI 43-101 Technical Report” by AMC Mining Consultants, indicates an indicated resource of 24.2 million ounces of silver equivalent at a grade of 614 grams per ton, alongside an inferred resource of 13.5 million ounces at a grade of 435 grams per ton.
Located approximately four kilometers south of the current mineral resource area, the La Ye vein has revealed high-grade silver-gold mineralization in both concentrated zones and broader intervals. These promising findings suggest potential for significant resource expansion at the Santa Ana project.
For 2024, Outcrop Silver’s exploration strategy aims to continue extending known mineralization while also exploring new high-potential areas along a 30-kilometer mineralized trend. The intention is to illustrate a clear path towards a substantial increase in resources, positioning the Santa Ana project for future development into a high-grade, economically feasible, and environmentally sustainable silver mine.
The organization is devoted to responsible mining practices and fostering community engagement, aiming to have a positive impact on the local economy while upholding sustainable development principles. Outcrop Silver remains committed to advancing its exploration initiatives at Santa Ana, with ongoing drilling and analysis to further delineate the resource potential.
Outcrop Silver & Gold Corporation has made significant strides in expanding the La Ye vein system at the Santa Ana project, indicating potential for considerable resource growth. The company’s initiatives for 2024 focus on extending mineralization and exploring new areas, affirming their commitment to responsible mining practices. This strategic approach positions the Santa Ana project for future success as a high-grade and environmentally sustainable silver mine.
Original Source: www.financecolombia.com
