Outcrop Gold Corp. (OCG:TSX.V; MRDDF:OTCPK; MRG1:DB) announced in a news release it discovered a fifth high-grade shoot, named San Juan, at its Santa Ana project in Colombia.
"Exploration at Santa Ana has been very efficient producing a high-grade shoot on average for every 2,100 metres of drilling. More importantly, San Juan represents a unique exploration opportunity being that it is a blind discovery made by drilling below shallow anomalous shears near an adjacent known shoot," CEO Joe Hebert said in the release. "Outcrop is working to develop geochemical and structural vectors to blind mineralization."
The highlight of the five San Juan discovery holes, SART20DH62, returned 1.79 meters (1.79m) of 1,329 grams per ton silver equivalent (1,329 g/t Ag eq), composed of 1,274 g/t silver and 0.63 g/t gold, including 0.56m of 3,572 g/t Ag eq, composed of 3,454 g/t silver and 1.28 g/t gold.
San Juan is located 150 meters north of Roberto Tovar, and these two shoots share a vein system, the company stated.
"Roberto Tovar and San Juan provide a favorable occurrence density of two large shoots within less than 600m of drill-tested vein," the release noted.
Drilling of San Juan has only been done in its southern margin, not in its central core, the company stated. "For an epithermal vein-system, the shoots at Santa Ana are exceptionally large, typically over 200 metres in length as a trace at surface and over 250 to 300 metres down-dip within the vein. All shoots are open at depth and most shoots are also open in at least one direction along their surface trace."
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