Outcrop Gold Corp. is pleased to announce assay results from drilling on its 100% owned Santa Ana project in north Tolima, Colombia. Drilling continues at the Megapozo target with 1,783 metres in fourteen core holes drilled to date and a fifteenth hole in progress. Assays are pending on five holes. Highlights Outcrop drills highest grades to date in Santa Ana at 0.95 metres of 69.6 g Au/t and 5,550 g Ag/t and 0.73 metres [...]
Outcrop Gold Corp. is pleased to provide an update on drilling and target advancement on its 100% owned Santa Ana project in north Tolima, Colombia. Outcrop is mobilizing a second drill rig with a start planned by September 8th. Drilling in Megapozo to date totals 1,210 metres in ten core holes with an eleventh hole in progress. Highlights Megapozo drilling successful in reaching thicker unmined massive sulfide veins and [...]
Outcrop Gold Corp. is pleased to announce initial results from shallow drilling in the Megapozo target on its 100% owned Santa Ana Project in north Tolima, Colombia. Megapozo represents the third high-grade shoot identified on the project, adding to earlier high-grade drill discoveries in La Ivana and Roberto Tovar. Highlights New Megapozo drill discovery intercepted 0.4 metres of 37 g Au/t and 1,220 g Ag/t adjacent to [...]
Outcrop Gold Corp. is pleased to announce a significant increase in the land position surrounding and along trend from the high-grade silver-gold Santa Ana project, including the consolidation of multiple regional scale, parallel silver-gold belts in the Mariquita District, Colombia. Highlights Santa Ana land position increased three-fold to over 25,000 hectares New claims cover five regional scale parallel vein systems [...]
Outcrop Gold Corp. is pleased to announce that it has advanced multiple targets at the high-grade silver-gold Santa Ana project in Colombia, including a model for the La Porfia high-grade shoot on La Ivana target. Outcrop has also completed 330 metres in three core drill holes with a fourth hole in progress in the El Paraiso vein at the Megapozo target. Assays for the first holes are expected in the coming weeks. Outcrop [...]
Outcrop Gold Corp. is pleased to announce the remaining results for phase 2 drilling in La Ivana target on its 100% owned Santa Ana Project in north Tolima, Colombia. Drilling in La Ivana is complete. The drilling in La Ivana was designed to build a good predictive high-grade shoot and vein model for exploration drilling in other targets. Total drilling in La Ivana consists of 2,289 metres in twenty holes. Drilling [...]
Outcrop Gold Corp. is pleased to announce that it has closed its previously announced private placement offering of units of the Company pursuant to which the Company issued 20,535,715 Units at a price of $0.28 per Unit, for aggregate gross proceeds of approximately $5,750,000 , which included the full exercise of the over-allotment option. The Offering was led by Mackie Research Capital Corporation, as lead agent and [...]
Outcrop Gold is pleased to announce that it has completed this phase of drilling at La Ivana target of the Santa Rosa high grade silver-gold project and is moving the rig to begin testing the Megapozo target. Drilling at La Ivana totaled 2,274 m of core drilling over 20 holes. Assays for the remaining four holes are expected within the next two weeks. Megapozo is 500 m south of La Ivana and shows very highly anomalous [...]
Outcrop Gold Corp. is pleased to announce the first drill results from the phase 2 program on its 100% owned Santa Ana Project in north Tolima, Colombia. After mapping and sampling along surface and in historic adits, Phase 1 drilling tested La Ivana target with nine holes with an average downhole intercept length of 0.52 m and a weighted average grade of 21.7 g Au/t and 1,329 g Ag/t at an average depth of 55 metres [...]
Outcrop Gold Corp. is pleased to provide an update on exploration at the Santa Ana high-grade silver-gold project located in Colombia. Detailed geological mapping, trenching and soil sampling is successfully identifying drill targets in new areas. This work is revealing vein outcrops and coarse in-situ vein rubble in the El Dorado target and the Morales target to the west and south of La Ivana drilling. Photos 1 through 3 [...]
Outcrop Gold Corp. is pleased to announce that the brokered private placement of units announced this morning with Mackie Research Capital Corp. as lead agent and sole book runner, along with Eventus Capital Corp. at a price of $0.28 per Unit for gross proceeds of $5,000,000 is oversubscribed, fully allocated and the books are closed. Mr. Eric Sprott intends to subscribe to the Offering as the lead order and increase his [...]
Outcrop Gold Corp. , is pleased to announce that it has entered into an agreement with Mackie Research Capital Corp. as lead agent and sole book runner, along with Eventus Capital Corp. in connection with a best efforts, private placement of units of the Company at a price of $0.28 per Unit for gross proceeds of up to $5,000,000 . Mr. Eric Sprott intends to subscribe to the Offering as the lead order. Each Unit will be [...]
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