Outcrop Gold Corp. is pleased to announce that drilling has resumed at the Santa Ana high-grade silver-gold project located in Colombia. This Phase 2 program will define the La Ivana mineralized zone to depths of 300 metres in order to build an ore-shoot and vein model and then enter a stage of more widespread drilling on nine targets with a potential cumulative strike length of 10 kilometers. Extensive soil sampling and [...]
Outcrop Gold Corp. is pleased to announce that exploration work has resumed at the Santa Ana high grade silver project located in Colombia. Aggressive target advancement including mapping, soil sampling and trenching with several teams is already underway. The Phase 2 drill program will commence on April 28th, 2020. Mineral exploration activities have been deemed as essential businesses and received exemptions to operate [...]
Outcrop Gold Corp. advises that the planned Phase 2 drilling campaign on the 100% owned Santa Ana Project in North Tolima, Colombia, has been temporarily delayed due to the Colombian government decision to restrict travel within Colombia during the current COVID-19 crisis. Currently travel restrictions are in place until April 13, 2020 - but may be extended. All Outcrop employees and contractors are working at home [...]
Outcrop Gold Corp. is pleased to announce further drilling results on its 100% owned Santa Ana Project in north Tolima, Colombia from an additional five holes in the Porfia vein of the Ivana vein system. Eight of nine holes reported have provided significant high grade mineralization. Most recent highlights include: 0.61 metre of 29.0 grams gold per tonne and 1,675 grams silver per tonne 0.58 metre of 36.2 grams gold per [...]
Outcrop Gold Corp. further to the 10,000,000 Unit non-brokered private placement announced February 21, 2020 and February 26, 2020 the Company wishes to additionally disclose that 600,000 Units was issued to Mackie Research Capital Corporation as a Finder's Fee in connection to the placement. Each Unit consists of one common share and one common share purchase warrant in the capital of the Company. Each Warrant is [...]
Outcrop Gold Corp. is pleased to announce that it has raised a total of $1,000,000 CDN through a non-brokered private placement consisting of 10,000,000 Units at a price of $0.10 CDN per Unit. Each Unit consists of one common share and one common share purchase warrant . Each Warrant entitles the holder to acquire one Common Share at a price of $0.20 until November 7, 2024. As a result of the placement, Mr. Eric Sprott [...]
Outcrop Gold Corp. is pleased to announce that following the release of favorable drill results from its Santa Ana project that Eric Sprott has taken a stake in the Company through a non-brokered private placement financing , consisting of 10,000,000 units at a price of $0.10 per Unit for gross proceeds of $1,000,000. Each Unit consists of one common share and one common share purchase warrant in the capital of the [...]
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 [...]
