Outcrop Gold Corp. is pleased to announce the discovery of a new high grade gold and silver vein system, La Ivana, on its 100% owned Santa Ana Project in Tolima, Colombia. La Ivana has never before been drilled and each of the first four holes has intercepted significant mineralization, with highlights including: DH03 - 0.5 metre of 58.1 grams gold per tonne and 876 grams silver per tonne DH03 - 0.5 metre of 5.8 grams [...]
Outcrop Gold Corp. is pleased to announce channel sample results and provide an update on the current drill program underway on its high-grade silver-gold Santa Ana project in northern Tolima department, Colombia. Santa Ana is a Spanish colonial-era silver district-famous for its high-grade silver mines and greater than one-hundred-year production history. Outcrop is currently drilling the La Ivana target which contains [...]
Outcrop Gold Corp. is pleased to announce that it has closed the acquisition of the Santa Ana Silver Project , pursuant to a share purchase agreement with Cedar Capital Corporation , as previously announced in news releases dated May 14, 2019, October 30, 2019 and December 18, 2019 . Pursuant to the Agreement, the Company acquired all of the issued and outstanding shares of Cedar's wholly-owned subsidiary Malew Overseas [...]
Outcrop Gold Corp. is pleased to provide an update on due diligence drilling on its Santa Ana project. The Santa Ana acquisition was approved by 97% of Outcrop shareholders at its AGM on Tuesday, December 17, 2019. The acquisition is now subject only to TSXV approval. Outcrop will finish this due diligence drill-hole and will continue to drill after the holidays subject to TSXV approval. This first core hole is a success [...]
Outcrop Gold Corp. is pleased to provide an update of exploration work conducted on its Oribella Project in the Middle Cauca Mineral Belt. Oribella is surrounded by several notable discoveries and provides gold and copper anomalies of similar scale and magnitude as the pre-discovery geochemical footprints of those discoveries. Oribella is in the center of a 100km segment of the Middle Cauca Belt- clearly in elephant [...]
Outcrop Gold Corp. is pleased to announce that the Company and its funding partner Newmont Goldcorp will resume exploration on the Lyra Project after a lifting of a condition of Force Majeure related to security. Outcrop Gold believes that Lyra captures what the Company refers to as the "Buritica Trend" which is a 30km extension of the Tonusco Fault system that bisects the primary Buritica vein system and continues to the [...]
Outcrop Gold Corp. is pleased to introduce Alex Tong as the Company's new Chief Financial Officer : Mr. Tong, currently a consultant of Outcrop Gold Corp., will transition to CFO after a brief period during which current CFO Rakesh Patel completes the end of fiscal-year audited financials. In the very short time that Mr. Tong acted our Consultant, he has produced a comprehensive operating budget that is well integrated [...]
Outcrop Gold Corp. is pleased to introduce David Thomas as the Company's new Vice President of Exploration. Mr. Thomas is a key addition to Outcrop Gold and will manage and direct all exploration activities in Colombia and provide hands on guidance to the Company team in Medellin, Colombia. David's first task will be to work with our Country and Exploration manager Diego Barrientos to design and fine-tune the drill [...]
Outcrop Gold Corp. is pleased to provide an update on its Cauca project. Exploration work includes roadcut and trench sampling, mapping, reconnaissance prospecting, and local systematic channel sampling along road-cuts in areas with observed relatively higher epithermal vein density. Importantly, cross-sectional and 3D model work support the concept that numerous currently undefined and unmodeled veins have the potential [...]
Outcrop Gold Corp. is pleased to provide an update of work done on the high grade silver-gold Santa Ana project and the Company's plans for a 1,000 m drill program commencing before the end of the year. Drilling and water permits, and surface easements are in place and the Company will use Major Drilling. Man-portable rigs will be used to minimize impact to the environment. The Company has agreed to acquire the Santa Ana [...]
Outcrop Gold Corp. is pleased to announce that it has entered into an agreement with Cedar Capital Corporation to acquire the Santa Ana Silver Project in consideration for 7,000,000 common shares of the Company . The Property comprises 669 hectares in the core of the historical Mariquita silver district, one of Colombia's most prolific colonial silver mining camps with production dating back to the 16th century and [...]
Outcrop Gold Corp. is pleased to provide an update of the Company's work on the vein system that overprints its large La Custodia gold-copper porphyry deposit on the Cauca project in Colombia. Cauca is an advanced gold-copper project in the Miocene-age mineral belt of southern Colombia - 47km south of the department capital Popayan - in the Almaguer Mining District - and consists of one title and one application for a [...]