# OUTCROP SILVER ANNOUNCES UPDATED MINERAL RESOURCE ESTIMATE FOR THE SANTA ANA PRIMARY SILVER PROJECT Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/outcrop-silver-announces-updated-mineral-resource-estimate-for-the-santa-ana-pri--162fff52-d804-4e77-898a-46b967a98fcb Original source: https://money.tmx.com/en/quote/OCG/news/7854077381254175/outcrop-silver-announces-updated-mineral-resource-estimate-for-the-santa-ana-pri Publisher: tmx Original announcement: 2026-09-14T10:45:00.000Z Analysis by Minestarters Atlas Atlas analysis published: Unknown date Atlas analysis updated: Unknown date - Company: Outcrop Silver & Gold Corporation - Ticker: OCG - Exchange: TSX - Region: Colombia - Primary commodity: Silver - Secondary commodities: Gold - Document categories: Resource update - Extracted: 2026-09-16 14:24:29 UTC Narrative sentiment: 0.80 · Bullish ## Minestarters Atlas summary Outcrop Silver & Gold Corporation announced an updated Mineral Resource Estimate for its Santa Ana Primary Silver Project in Colombia, reporting 29.9 Moz AgEq Indicated and 27.9 Moz AgEq Inferred resources. The updated estimate reflects a 106.3% increase in Inferred AgEq ounces compared to the maiden MRE, incorporating more rigorous classification standards and confirming the project's high-grade nature and significant exploration potential. Reasoning: The updated MRE for the Santa Ana project demonstrates substantial growth in contained silver-equivalent ounces, particularly in the Inferred category, while applying more rigorous classification standards. The high grades and significant exploration upside contribute to a strong positive outlook, despite the lack of explicit prior absolute values for direct comparison. - Positive factor: Significant increase in contained AgEq ounces in Inferred resources \(106.3%\) - Positive factor: Rigorous classification standards applied in the Updated MRE - Positive factor: High average grades in Indicated resources \(518.7 g/t AgEq\) - Positive factor: Identification of new vein systems \(Guadual and Aguilar\) adding substantial resources - Positive factor: Significant exploration upside with twelve known untested veins and pipeline of anomalies - Positive factor: NI 43-101 compliant and QP signed off - Negative factor: No explicit prior absolute values for contained metal, tonnage, or grade were provided for direct comparison, only percentage increases. Low confidence — this extraction should be reviewed alongside the original source. Facts used in scoring: 84 ## Classification and evidence **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: A current resource fact retains the disclosed cut-off grade **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: The source explicitly discloses a revised resource estimate Evidence · text > UPDATED MINERAL RESOURCE ESTIMATE ## Extracted facts Stored fact records: 84. Some facts used in scoring do not have a stored record. ## Resource Estimates (84) ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/outcrop-silver-announces-updated-mineral-resource-estimate-for-the-santa-ana-pri--162fff52-d804-4e77-898a-46b967a98fcb#fact-resource-facts-0) Santa Ana · silver #### Identity - Project: Santa Ana - Commodity: silver - Region: colombia - Reported Region: Colombia - Ticker: OCG #### Resource scope - Estimate type: resource - Effective date: 2026-09-10T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Warren Black - Resource group id: resource:1da51e343ccf60f438f4 - Deposit or zone: Aguilar - Mining method: underground - Ownership percent: 100 % #### Resource Data - Category: indicated - Tonnes: 373000 - Grade: 221.1 - Grade Unit: g/t - Contained Metal: 2.7 - Contained Unit: moz - Cutoff Grade: 130 - Cutoff Unit: g/t AgEq #### Prior Estimate - Resource Date: 2026-09-10 #### Metal Equivalent - Assumptions Disclosed: Yes #### Lab - Laboratory: Actlabs #### Location - CRS: North American Datum 1983 / UTM Zone 15N - EPSG: 26915 - Loc. Confidence: medium #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-14T00:00:00.000Z Reasoning: Indicated resource for Aguilar vein shows good silver grade and contained metal, contributing positively to the overall MRE. - Positive factor: Indicated resource category provides high confidence - Positive factor: High silver grade for an underground deposit Evidence · table > 221.1 Context: 373 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/outcrop-silver-announces-updated-mineral-resource-estimate-for-the-santa-ana-pri--162fff52-d804-4e77-898a-46b967a98fcb#fact-resource-facts-1) Santa Ana · gold #### Identity - Project: Santa Ana - Commodity: gold - Region: colombia - Reported Region: Colombia - Ticker: OCG #### Resource scope - Estimate type: resource - Effective date: 2026-09-10T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Warren Black - Resource group id: resource:1da51e343ccf60f438f4 - Deposit or zone: Aguilar - Mining method: underground - Ownership percent: 100 % #### Resource Data - Category: indicated - Tonnes: 373000 - Grade: 1.61 - Grade Unit: g/t - Contained Metal: 0.019 - Contained Unit: moz - Cutoff Grade: 130 - Cutoff Unit: g/t AgEq #### Prior Estimate - Resource Date: 2026-09-10 #### Metal Equivalent - Assumptions Disclosed: Yes #### Lab - Laboratory: Actlabs #### Location - CRS: North American Datum 1983 / UTM Zone 15N - EPSG: 26915 - Loc. Confidence: medium #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-14T00:00:00.000Z Reasoning: Indicated resource for Aguilar vein includes gold as a secondary commodity, contributing to the overall AgEq. - Positive factor: Indicated resource category provides high confidence Evidence · table > 1.61 Context: 373 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/outcrop-silver-announces-updated-mineral-resource-estimate-for-the-santa-ana-pri--162fff52-d804-4e77-898a-46b967a98fcb#fact-resource-facts-2) Santa Ana · silver #### Identity - Project: Santa Ana - Commodity: silver - Region: colombia - Reported Region: Colombia - Ticker: OCG #### Resource scope - Estimate type: resource - Effective date: 2026-09-10T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Warren Black - Resource group id: resource:1da51e343ccf60f438f4 - Deposit or zone: Aguilar - Mining method: underground - Ownership percent: 100 % #### Resource Data - Category: indicated - Tonnes: 373000 - Contained Metal: 4.2 - Contained Unit: moz ageq - Cutoff Grade: 130 - Cutoff Unit: g/t AgEq #### Prior Estimate - Resource Date: 2026-09-10 #### Metal Equivalent - Metal Eq. Grade: 348.5 - Metal Eq. Unit: g/t AgEq - Assumptions Disclosed: Yes #### Lab - Laboratory: Actlabs #### Location - CRS: North American Datum 1983 / UTM Zone 15N - EPSG: 26915 - Loc. Confidence: medium #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-14T00:00:00.000Z Reasoning: Indicated resource for Aguilar vein shows good AgEq grade and contained metal, contributing positively to the overall MRE. - Positive factor: Indicated resource category provides high confidence - Positive factor: High AgEq grade for an underground deposit Evidence · table > 348.5 Context: 373 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/outcrop-silver-announces-updated-mineral-resource-estimate-for-the-santa-ana-pri--162fff52-d804-4e77-898a-46b967a98fcb#fact-resource-facts-3) Santa Ana · silver #### Identity - Project: Santa Ana - Commodity: silver - Region: colombia - Reported Region: Colombia - Ticker: OCG #### Resource scope - Estimate type: resource - Effective date: 2026-09-10T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Warren Black - Resource group id: resource:3aae613f19b19d6398b6 - Deposit or zone: Aguilar - Mining method: underground - Ownership percent: 100 % #### Resource Data - Category: inferred - Tonnes: 582000 - Grade: 175.5 - Grade Unit: g/t - Contained Metal: 3.3 - Contained Unit: moz - Cutoff Grade: 130 - Cutoff Unit: g/t AgEq #### Prior Estimate - Resource Date: 2026-09-10 #### Metal Equivalent - Assumptions Disclosed: Yes #### Lab - Laboratory: Actlabs #### Location - CRS: North American Datum 1983 / UTM Zone 15N - EPSG: 26915 - Loc. Confidence: medium #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-14T00:00:00.000Z Reasoning: Inferred resource for Aguilar vein shows good silver grade and contained metal, contributing to the overall resource growth. - Positive factor: Significant increase in Inferred resources for the project - Negative factor: Inferred resource category has lower confidence Evidence · table > 175.5 Context: 582 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/outcrop-silver-announces-updated-mineral-resource-estimate-for-the-santa-ana-pri--162fff52-d804-4e77-898a-46b967a98fcb#fact-resource-facts-4) Santa Ana · gold #### Identity - Project: Santa Ana - Commodity: gold - Region: colombia - Reported Region: Colombia - Ticker: OCG #### Resource scope - Estimate type: resource - Effective date: 2026-09-10T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Warren Black - Resource group id: resource:3aae613f19b19d6398b6 - Deposit or zone: Aguilar - Mining method: underground - Ownership percent: 100 % #### Resource Data - Category: inferred - Tonnes: 582000 - Grade: 1.26 - Grade Unit: g/t - Contained Metal: 0.024 - Contained Unit: moz - Cutoff Grade: 130 - Cutoff Unit: g/t AgEq #### Prior Estimate - Resource Date: 2026-09-10 #### Metal Equivalent - Assumptions Disclosed: Yes #### Lab - Laboratory: Actlabs #### Location - CRS: North American Datum 1983 / UTM Zone 15N - EPSG: 26915 - Loc. Confidence: medium #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-14T00:00:00.000Z Reasoning: Inferred resource for Aguilar vein includes gold as a secondary commodity, contributing to the overall AgEq. - Positive factor: Significant increase in Inferred resources for the project - Negative factor: Inferred resource category has lower confidence Evidence · table > 1.26 Context: 582 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/outcrop-silver-announces-updated-mineral-resource-estimate-for-the-santa-ana-pri--162fff52-d804-4e77-898a-46b967a98fcb#fact-resource-facts-5) Santa Ana · silver #### Identity - Project: Santa Ana - Commodity: silver - Region: colombia - Reported Region: Colombia - Ticker: OCG #### Resource scope - Estimate type: resource - Effective date: 2026-09-10T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Warren Black - Resource group id: resource:3aae613f19b19d6398b6 - Deposit or zone: Aguilar - Mining method: underground - Ownership percent: 100 % #### Resource Data - Category: inferred - Tonnes: 582000 - Contained Metal: 5.2 - Contained Unit: moz ageq - Cutoff Grade: 130 - Cutoff Unit: g/t AgEq #### Prior Estimate - Resource Date: 2026-09-10 #### Metal Equivalent - Metal Eq. Grade: 275.3 - Metal Eq. Unit: g/t AgEq - Assumptions Disclosed: Yes #### Lab - Laboratory: Actlabs #### Location - CRS: North American Datum 1983 / UTM Zone 15N - EPSG: 26915 - Loc. Confidence: medium #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-14T00:00:00.000Z Reasoning: Inferred resource for Aguilar vein shows good AgEq grade and contained metal, contributing to the overall resource growth. - Positive factor: Significant increase in Inferred resources for the project - Negative factor: Inferred resource category has lower confidence Evidence · table > 275.3 Context: 582 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/outcrop-silver-announces-updated-mineral-resource-estimate-for-the-santa-ana-pri--162fff52-d804-4e77-898a-46b967a98fcb#fact-resource-facts-6) Santa Ana · silver #### Identity - Project: Santa Ana - Commodity: silver - Region: colombia - Reported Region: Colombia - Ticker: OCG #### Resource scope - Estimate type: resource - Effective date: 2026-09-10T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Warren Black - Resource group id: resource:ed0b9ad77db4df6457d5 - Deposit or zone: El Dorado - Mining method: underground - Ownership percent: 100 % #### Resource Data - Category: indicated - Tonnes: 77000 - Grade: 502.3 - Grade Unit: g/t - Contained Metal: 1.2 - Contained Unit: moz - Cutoff Grade: 130 - Cutoff Unit: g/t AgEq #### Prior Estimate - Resource Date: 2026-09-10 #### Metal Equivalent - Assumptions Disclosed: Yes #### Lab - Laboratory: Actlabs #### Location - CRS: North American Datum 1983 / UTM Zone 15N - EPSG: 26915 - Loc. Confidence: medium #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-14T00:00:00.000Z Reasoning: Indicated resource for El Dorado vein shows very high silver grade, contributing significantly to the overall MRE. - Positive factor: Indicated resource category provides high confidence - Positive factor: Very high silver grade for an underground deposit Evidence · table > 502.3 Context: 77 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/outcrop-silver-announces-updated-mineral-resource-estimate-for-the-santa-ana-pri--162fff52-d804-4e77-898a-46b967a98fcb#fact-resource-facts-7) Santa Ana · gold #### Identity - Project: Santa Ana - Commodity: gold - Region: colombia - Reported Region: Colombia - Ticker: OCG #### Resource scope - Estimate type: resource - Effective date: 2026-09-10T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Warren Black - Resource group id: resource:ed0b9ad77db4df6457d5 - Deposit or zone: El Dorado - Mining method: underground - Ownership percent: 100 % #### Resource Data - Category: indicated - Tonnes: 77000 - Grade: 2.33 - Grade Unit: g/t - Contained Metal: 0.006 - Contained Unit: moz - Cutoff Grade: 130 - Cutoff Unit: g/t AgEq #### Prior Estimate - Resource Date: 2026-09-10 #### Metal Equivalent - Assumptions Disclosed: Yes #### Lab - Laboratory: Actlabs #### Location - CRS: North American Datum 1983 / UTM Zone 15N - EPSG: 26915 - Loc. Confidence: medium #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-14T00:00:00.000Z Reasoning: Indicated resource for El Dorado vein includes gold as a secondary commodity, contributing to the overall AgEq. - Positive factor: Indicated resource category provides high confidence Evidence · table > 2.33 Context: 77 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/outcrop-silver-announces-updated-mineral-resource-estimate-for-the-santa-ana-pri--162fff52-d804-4e77-898a-46b967a98fcb#fact-resource-facts-8) Santa Ana · silver #### Identity - Project: Santa Ana - Commodity: silver - Region: colombia - Reported Region: Colombia - Ticker: OCG #### Resource scope - Estimate type: resource - Effective date: 2026-09-10T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Warren Black - Resource group id: resource:ed0b9ad77db4df6457d5 - Deposit or zone: El Dorado - Mining method: underground - Ownership percent: 100 % #### Resource Data - Category: indicated - Tonnes: 77000 - Contained Metal: 1.7 - Contained Unit: moz ageq - Cutoff Grade: 130 - Cutoff Unit: g/t AgEq #### Prior Estimate - Resource Date: 2026-09-10 #### Metal Equivalent - Metal Eq. Grade: 686.7 - Metal Eq. Unit: g/t AgEq - Assumptions Disclosed: Yes #### Lab - Laboratory: Actlabs #### Location - CRS: North American Datum 1983 / UTM Zone 15N - EPSG: 26915 - Loc. Confidence: medium #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-14T00:00:00.000Z Reasoning: Indicated resource for El Dorado vein shows very high AgEq grade, contributing significantly to the overall MRE. - Positive factor: Indicated resource category provides high confidence - Positive factor: Very high AgEq grade for an underground deposit Evidence · table > 686.7 Context: 77 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/outcrop-silver-announces-updated-mineral-resource-estimate-for-the-santa-ana-pri--162fff52-d804-4e77-898a-46b967a98fcb#fact-resource-facts-9) Santa Ana · silver #### Identity - Project: Santa Ana - Commodity: silver - Region: colombia - Reported Region: Colombia - Ticker: OCG #### Resource scope - Estimate type: resource - Effective date: 2026-09-10T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Warren Black - Resource group id: resource:564a8da6bb57dbffeb10 - Deposit or zone: El Dorado - Mining method: underground - Ownership percent: 100 % #### Resource Data - Category: inferred - Tonnes: 97000 - Grade: 169 - Grade Unit: g/t - Contained Metal: 0.5 - Contained Unit: moz - Cutoff Grade: 130 - Cutoff Unit: g/t AgEq #### Prior Estimate - Resource Date: 2026-09-10 #### Metal Equivalent - Assumptions Disclosed: Yes #### Lab - Laboratory: Actlabs #### Location - CRS: North American Datum 1983 / UTM Zone 15N - EPSG: 26915 - Loc. Confidence: medium #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-14T00:00:00.000Z Reasoning: Inferred resource for El Dorado vein shows good silver grade and contained metal, contributing to the overall resource growth. - Positive factor: Significant increase in Inferred resources for the project - Negative factor: Inferred resource category has lower confidence Evidence · table > 169.0 Context: 97 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/outcrop-silver-announces-updated-mineral-resource-estimate-for-the-santa-ana-pri--162fff52-d804-4e77-898a-46b967a98fcb#fact-resource-facts-10) Santa Ana · gold #### Identity - Project: Santa Ana - Commodity: gold - Region: colombia - Reported Region: Colombia - Ticker: OCG #### Resource scope - Estimate type: resource - Effective date: 2026-09-10T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Warren Black - Resource group id: resource:564a8da6bb57dbffeb10 - Deposit or zone: El Dorado - Mining method: underground - Ownership percent: 100 % #### Resource Data - Category: inferred - Tonnes: 97000 - Grade: 1.67 - Grade Unit: g/t - Contained Metal: 0.005 - Contained Unit: moz - Cutoff Grade: 130 - Cutoff Unit: g/t AgEq #### Prior Estimate - Resource Date: 2026-09-10 #### Metal Equivalent - Assumptions Disclosed: Yes #### Lab - Laboratory: Actlabs #### Location - CRS: North American Datum 1983 / UTM Zone 15N - EPSG: 26915 - Loc. Confidence: medium #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-14T00:00:00.000Z Reasoning: Inferred resource for El Dorado vein includes gold as a secondary commodity, contributing to the overall AgEq. - Positive factor: Significant increase in Inferred resources for the project - Negative factor: Inferred resource category has lower confidence Evidence · table > 1.67 Context: 97 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/outcrop-silver-announces-updated-mineral-resource-estimate-for-the-santa-ana-pri--162fff52-d804-4e77-898a-46b967a98fcb#fact-resource-facts-11) Santa Ana · silver #### Identity - Project: Santa Ana - Commodity: silver - Region: colombia - Reported Region: Colombia - Ticker: OCG #### Resource scope - Estimate type: resource - Effective date: 2026-09-10T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Warren Black - Resource group id: resource:564a8da6bb57dbffeb10 - Deposit or zone: El Dorado - Mining method: underground - Ownership percent: 100 % #### Resource Data - Category: inferred - Tonnes: 97000 - Contained Metal: 0.9 - Contained Unit: moz ageq - Cutoff Grade: 130 - Cutoff Unit: g/t AgEq #### Prior Estimate - Resource Date: 2026-09-10 #### Metal Equivalent - Metal Eq. Grade: 301.3 - Metal Eq. Unit: g/t AgEq - Assumptions Disclosed: Yes #### Lab - Laboratory: Actlabs #### Location - CRS: North American Datum 1983 / UTM Zone 15N - EPSG: 26915 - Loc. Confidence: medium #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-14T00:00:00.000Z Reasoning: Inferred resource for El Dorado vein shows good AgEq grade and contained metal, contributing to the overall resource growth. - Positive factor: Significant increase in Inferred resources for the project - Negative factor: Inferred resource category has lower confidence Evidence · table > 301.3 Context: 97 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/outcrop-silver-announces-updated-mineral-resource-estimate-for-the-santa-ana-pri--162fff52-d804-4e77-898a-46b967a98fcb#fact-resource-facts-12) Santa Ana · silver #### Identity - Project: Santa Ana - Commodity: silver - Region: colombia - Reported Region: Colombia - Ticker: OCG #### Resource scope - Estimate type: resource - Effective date: 2026-09-10T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Warren Black - Resource group id: resource:664f544ac9de5fbc08aa - Deposit or zone: Esp Santo - Mining method: underground - Ownership percent: 100 % #### Resource Data - Category: indicated - Tonnes: 4000 - Grade: 117.5 - Grade Unit: g/t - Contained Metal: 0 - Contained Unit: moz - Cutoff Grade: 130 - Cutoff Unit: g/t AgEq #### Prior Estimate - Resource Date: 2026-09-10 #### Metal Equivalent - Assumptions Disclosed: Yes #### Lab - Laboratory: Actlabs #### Location - CRS: North American Datum 1983 / UTM Zone 15N - EPSG: 26915 - Loc. Confidence: medium #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-14T00:00:00.000Z Reasoning: Indicated resource for Esp Santo vein is very small, contributing minimally to the overall MRE. - Positive factor: Indicated resource category provides high confidence - Negative factor: Very small tonnage and contained metal Evidence · table > 117.5 Context: 4 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/outcrop-silver-announces-updated-mineral-resource-estimate-for-the-santa-ana-pri--162fff52-d804-4e77-898a-46b967a98fcb#fact-resource-facts-13) Santa Ana · gold #### Identity - Project: Santa Ana - Commodity: gold - Region: colombia - Reported Region: Colombia - Ticker: OCG #### Resource scope - Estimate type: resource - Effective date: 2026-09-10T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Warren Black - Resource group id: resource:664f544ac9de5fbc08aa - Deposit or zone: Esp Santo - Mining method: underground - Ownership percent: 100 % #### Resource Data - Category: indicated - Tonnes: 4000 - Grade: 1.01 - Grade Unit: g/t - Contained Metal: 0 - Contained Unit: moz - Cutoff Grade: 130 - Cutoff Unit: g/t AgEq #### Prior Estimate - Resource Date: 2026-09-10 #### Metal Equivalent - Assumptions Disclosed: Yes #### Lab - Laboratory: Actlabs #### Location - CRS: North American Datum 1983 / UTM Zone 15N - EPSG: 26915 - Loc. Confidence: medium #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-14T00:00:00.000Z Reasoning: Indicated resource for Esp Santo vein is very small, with gold as a minor component. - Positive factor: Indicated resource category provides high confidence - Negative factor: Very small tonnage and contained metal Evidence · table > 1.01 Context: 4 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/outcrop-silver-announces-updated-mineral-resource-estimate-for-the-santa-ana-pri--162fff52-d804-4e77-898a-46b967a98fcb#fact-resource-facts-14) Santa Ana · silver #### Identity - Project: Santa Ana - Commodity: silver - Region: colombia - Reported Region: Colombia - Ticker: OCG #### Resource scope - Estimate type: resource - Effective date: 2026-09-10T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Warren Black - Resource group id: resource:664f544ac9de5fbc08aa - Deposit or zone: Esp Santo - Mining method: underground - Ownership percent: 100 % #### Resource Data - Category: indicated - Tonnes: 4000 - Contained Metal: 0 - Contained Unit: moz ageq - Cutoff Grade: 130 - Cutoff Unit: g/t AgEq #### Prior Estimate - Resource Date: 2026-09-10 #### Metal Equivalent - Metal Eq. Grade: 197.4 - Metal Eq. Unit: g/t AgEq - Assumptions Disclosed: Yes #### Lab - Laboratory: Actlabs #### Location - CRS: North American Datum 1983 / UTM Zone 15N - EPSG: 26915 - Loc. Confidence: medium #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-14T00:00:00.000Z Reasoning: Indicated resource for Esp Santo vein is very small, contributing minimally to the overall MRE. - Positive factor: Indicated resource category provides high confidence - Negative factor: Very small tonnage and contained metal Evidence · table > 197.4 Context: 4 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/outcrop-silver-announces-updated-mineral-resource-estimate-for-the-santa-ana-pri--162fff52-d804-4e77-898a-46b967a98fcb#fact-resource-facts-15) Santa Ana · silver #### Identity - Project: Santa Ana - Commodity: silver - Region: colombia - Reported Region: Colombia - Ticker: OCG #### Resource scope - Estimate type: resource - Effective date: 2026-09-10T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Warren Black - Resource group id: resource:1b6c284be66762dae50b - Deposit or zone: Esp Santo - Mining method: underground - Ownership percent: 100 % #### Resource Data - Category: inferred - Tonnes: 18000 - Grade: 89.2 - Grade Unit: g/t - Contained Metal: 0.1 - Contained Unit: moz - Cutoff Grade: 130 - Cutoff Unit: g/t AgEq #### Prior Estimate - Resource Date: 2026-09-10 #### Metal Equivalent - Assumptions Disclosed: Yes #### Lab - Laboratory: Actlabs #### Location - CRS: North American Datum 1983 / UTM Zone 15N - EPSG: 26915 - Loc. Confidence: medium #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-14T00:00:00.000Z Reasoning: Inferred resource for Esp Santo vein is very small, contributing minimally to the overall resource growth. - Positive factor: Significant increase in Inferred resources for the project - Negative factor: Inferred resource category has lower confidence - Negative factor: Very small tonnage and contained metal Evidence · table > 89.2 Context: 18 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/outcrop-silver-announces-updated-mineral-resource-estimate-for-the-santa-ana-pri--162fff52-d804-4e77-898a-46b967a98fcb#fact-resource-facts-16) Santa Ana · gold #### Identity - Project: Santa Ana - Commodity: gold - Region: colombia - Reported Region: Colombia - Ticker: OCG #### Resource scope - Estimate type: resource - Effective date: 2026-09-10T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Warren Black - Resource group id: resource:1b6c284be66762dae50b - Deposit or zone: Esp Santo - Mining method: underground - Ownership percent: 100 % #### Resource Data - Category: inferred - Tonnes: 18000 - Grade: 1.19 - Grade Unit: g/t - Contained Metal: 0.001 - Contained Unit: moz - Cutoff Grade: 130 - Cutoff Unit: g/t AgEq #### Prior Estimate - Resource Date: 2026-09-10 #### Metal Equivalent - Assumptions Disclosed: Yes #### Lab - Laboratory: Actlabs #### Location - CRS: North American Datum 1983 / UTM Zone 15N - EPSG: 26915 - Loc. Confidence: medium #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-14T00:00:00.000Z Reasoning: Inferred resource for Esp Santo vein is very small, with gold as a minor component. - Positive factor: Significant increase in Inferred resources for the project - Negative factor: Inferred resource category has lower confidence - Negative factor: Very small tonnage and contained metal Evidence · table > 1.19 Context: 18 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/outcrop-silver-announces-updated-mineral-resource-estimate-for-the-santa-ana-pri--162fff52-d804-4e77-898a-46b967a98fcb#fact-resource-facts-17) Santa Ana · silver #### Identity - Project: Santa Ana - Commodity: silver - Region: colombia - Reported Region: Colombia - Ticker: OCG #### Resource scope - Estimate type: resource - Effective date: 2026-09-10T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Warren Black - Resource group id: resource:1b6c284be66762dae50b - Deposit or zone: Esp Santo - Mining method: underground - Ownership percent: 100 % #### Resource Data - Category: inferred - Tonnes: 18000 - Contained Metal: 0.1 - Contained Unit: moz ageq - Cutoff Grade: 130 - Cutoff Unit: g/t AgEq #### Prior Estimate - Resource Date: 2026-09-10 #### Metal Equivalent - Metal Eq. Grade: 183.5 - Metal Eq. Unit: g/t AgEq - Assumptions Disclosed: Yes #### Lab - Laboratory: Actlabs #### Location - CRS: North American Datum 1983 / UTM Zone 15N - EPSG: 26915 - Loc. Confidence: medium #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-14T00:00:00.000Z Reasoning: Inferred resource for Esp Santo vein is very small, contributing minimally to the overall resource growth. - Positive factor: Significant increase in Inferred resources for the project - Negative factor: Inferred resource category has lower confidence - Negative factor: Very small tonnage and contained metal Evidence · table > 183.5 Context: 18 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/outcrop-silver-announces-updated-mineral-resource-estimate-for-the-santa-ana-pri--162fff52-d804-4e77-898a-46b967a98fcb#fact-resource-facts-18) Santa Ana · silver #### Identity - Project: Santa Ana - Commodity: silver - Region: colombia - Reported Region: Colombia - Ticker: OCG #### Resource scope - Estimate type: resource - Effective date: 2026-09-10T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Warren Black - Resource group id: resource:25baf09de3492a38fef4 - Deposit or zone: Guadual - Mining method: underground - Ownership percent: 100 % #### Resource Data - Category: indicated - Tonnes: 255000 - Grade: 486.4 - Grade Unit: g/t - Contained Metal: 4 - Contained Unit: moz - Cutoff Grade: 130 - Cutoff Unit: g/t AgEq #### Prior Estimate - Resource Date: 2026-09-10 #### Metal Equivalent - Assumptions Disclosed: Yes #### Lab - Laboratory: Actlabs #### Location - CRS: North American Datum 1983 / UTM Zone 15N - EPSG: 26915 - Loc. Confidence: medium #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-14T00:00:00.000Z Reasoning: Indicated resource for Guadual vein shows very high silver grade and contained metal, significantly contributing to the overall MRE. - Positive factor: Indicated resource category provides high confidence - Positive factor: Very high silver grade for an underground deposit - Positive factor: New vein system adding substantial resources Evidence · table > 486.4 Context: 255 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/outcrop-silver-announces-updated-mineral-resource-estimate-for-the-santa-ana-pri--162fff52-d804-4e77-898a-46b967a98fcb#fact-resource-facts-19) Santa Ana · gold #### Identity - Project: Santa Ana - Commodity: gold - Region: colombia - Reported Region: Colombia - Ticker: OCG #### Resource scope - Estimate type: resource - Effective date: 2026-09-10T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Warren Black - Resource group id: resource:25baf09de3492a38fef4 - Deposit or zone: Guadual - Mining method: underground - Ownership percent: 100 % #### Resource Data - Category: indicated - Tonnes: 255000 - Grade: 1.35 - Grade Unit: g/t - Contained Metal: 0.011 - Contained Unit: moz - Cutoff Grade: 130 - Cutoff Unit: g/t AgEq #### Prior Estimate - Resource Date: 2026-09-10 #### Metal Equivalent - Assumptions Disclosed: Yes #### Lab - Laboratory: Actlabs #### Location - CRS: North American Datum 1983 / UTM Zone 15N - EPSG: 26915 - Loc. Confidence: medium #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-14T00:00:00.000Z Reasoning: Indicated resource for Guadual vein includes gold as a secondary commodity, contributing to the overall AgEq. - Positive factor: Indicated resource category provides high confidence - Positive factor: New vein system adding substantial resources Evidence · table > 1.35 Context: 255 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/outcrop-silver-announces-updated-mineral-resource-estimate-for-the-santa-ana-pri--162fff52-d804-4e77-898a-46b967a98fcb#fact-resource-facts-20) Santa Ana · silver #### Identity - Project: Santa Ana - Commodity: silver - Region: colombia - Reported Region: Colombia - Ticker: OCG #### Resource scope - Estimate type: resource - Effective date: 2026-09-10T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Warren Black - Resource group id: resource:25baf09de3492a38fef4 - Deposit or zone: Guadual - Mining method: underground - Ownership percent: 100 % #### Resource Data - Category: indicated - Tonnes: 255000 - Contained Metal: 4.9 - Contained Unit: moz ageq - Cutoff Grade: 130 - Cutoff Unit: g/t AgEq #### Prior Estimate - Resource Date: 2026-09-10 #### Metal Equivalent - Metal Eq. Grade: 592.9 - Metal Eq. Unit: g/t AgEq - Assumptions Disclosed: Yes #### Lab - Laboratory: Actlabs #### Location - CRS: North American Datum 1983 / UTM Zone 15N - EPSG: 26915 - Loc. Confidence: medium #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-14T00:00:00.000Z Reasoning: Indicated resource for Guadual vein shows very high AgEq grade and contained metal, significantly contributing to the overall MRE. - Positive factor: Indicated resource category provides high confidence - Positive factor: Very high AgEq grade for an underground deposit - Positive factor: New vein system adding substantial resources Evidence · table > 592.9 Context: 255 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/outcrop-silver-announces-updated-mineral-resource-estimate-for-the-santa-ana-pri--162fff52-d804-4e77-898a-46b967a98fcb#fact-resource-facts-21) Santa Ana · silver #### Identity - Project: Santa Ana - Commodity: silver - Region: colombia - Reported Region: Colombia - Ticker: OCG #### Resource scope - Estimate type: resource - Effective date: 2026-09-10T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Warren Black - Resource group id: resource:f7562341144ac850774d - Deposit or zone: Guadual - Mining method: underground - Ownership percent: 100 % #### Resource Data - Category: inferred - Tonnes: 326000 - Grade: 379 - Grade Unit: g/t - Contained Metal: 4 - Contained Unit: moz - Cutoff Grade: 130 - Cutoff Unit: g/t AgEq #### Prior Estimate - Resource Date: 2026-09-10 #### Metal Equivalent - Assumptions Disclosed: Yes #### Lab - Laboratory: Actlabs #### Location - CRS: North American Datum 1983 / UTM Zone 15N - EPSG: 26915 - Loc. Confidence: medium #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-14T00:00:00.000Z Reasoning: Inferred resource for Guadual vein shows high silver grade and contained metal, significantly contributing to the overall resource growth. - Positive factor: Significant increase in Inferred resources for the project - Positive factor: High silver grade for an underground deposit - Positive factor: New vein system adding substantial resources - Negative factor: Inferred resource category has lower confidence Evidence · table > 379.0 Context: 326 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/outcrop-silver-announces-updated-mineral-resource-estimate-for-the-santa-ana-pri--162fff52-d804-4e77-898a-46b967a98fcb#fact-resource-facts-22) Santa Ana · gold #### Identity - Project: Santa Ana - Commodity: gold - Region: colombia - Reported Region: Colombia - Ticker: OCG #### Resource scope - Estimate type: resource - Effective date: 2026-09-10T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Warren Black - Resource group id: resource:f7562341144ac850774d - Deposit or zone: Guadual - Mining method: underground - Ownership percent: 100 % #### Resource Data - Category: inferred - Tonnes: 326000 - Grade: 1.01 - Grade Unit: g/t - Contained Metal: 0.011 - Contained Unit: moz - Cutoff Grade: 130 - Cutoff Unit: g/t AgEq #### Prior Estimate - Resource Date: 2026-09-10 #### Metal Equivalent - Assumptions Disclosed: Yes #### Lab - Laboratory: Actlabs #### Location - CRS: North American Datum 1983 / UTM Zone 15N - EPSG: 26915 - Loc. Confidence: medium #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-14T00:00:00.000Z Reasoning: Inferred resource for Guadual vein includes gold as a secondary commodity, contributing to the overall AgEq. - Positive factor: Significant increase in Inferred resources for the project - Positive factor: New vein system adding substantial resources - Negative factor: Inferred resource category has lower confidence Evidence · table > 1.01 Context: 326 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/outcrop-silver-announces-updated-mineral-resource-estimate-for-the-santa-ana-pri--162fff52-d804-4e77-898a-46b967a98fcb#fact-resource-facts-23) Santa Ana · silver #### Identity - Project: Santa Ana - Commodity: silver - Region: colombia - Reported Region: Colombia - Ticker: OCG #### Resource scope - Estimate type: resource - Effective date: 2026-09-10T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Warren Black - Resource group id: resource:f7562341144ac850774d - Deposit or zone: Guadual - Mining method: underground - Ownership percent: 100 % #### Resource Data - Category: inferred - Tonnes: 326000 - Contained Metal: 4.8 - Contained Unit: moz ageq - Cutoff Grade: 130 - Cutoff Unit: g/t AgEq #### Prior Estimate - Resource Date: 2026-09-10 #### Metal Equivalent - Metal Eq. Grade: 459.1 - Metal Eq. Unit: g/t AgEq - Assumptions Disclosed: Yes #### Lab - Laboratory: Actlabs #### Location - CRS: North American Datum 1983 / UTM Zone 15N - EPSG: 26915 - Loc. Confidence: medium #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-14T00:00:00.000Z Reasoning: Inferred resource for Guadual vein shows high AgEq grade and contained metal, significantly contributing to the overall resource growth. - Positive factor: Significant increase in Inferred resources for the project - Positive factor: High AgEq grade for an underground deposit - Positive factor: New vein system adding substantial resources - Negative factor: Inferred resource category has lower confidence Evidence · table > 459.1 Context: 326 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/outcrop-silver-announces-updated-mineral-resource-estimate-for-the-santa-ana-pri--162fff52-d804-4e77-898a-46b967a98fcb#fact-resource-facts-24) Santa Ana · silver #### Identity - Project: Santa Ana - Commodity: silver - Region: colombia - Reported Region: Colombia - Ticker: OCG #### Resource scope - Estimate type: resource - Effective date: 2026-09-10T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Warren Black - Resource group id: resource:070a6bf616632d5ea0da - Deposit or zone: La Porfia - Mining method: underground - Ownership percent: 100 % #### Resource Data - Category: indicated - Tonnes: 124000 - Grade: 233.8 - Grade Unit: g/t - Contained Metal: 0.9 - Contained Unit: moz - Cutoff Grade: 130 - Cutoff Unit: g/t AgEq #### Prior Estimate - Resource Date: 2026-09-10 #### Metal Equivalent - Assumptions Disclosed: Yes #### Lab - Laboratory: Actlabs #### Location - CRS: North American Datum 1983 / UTM Zone 15N - EPSG: 26915 - Loc. Confidence: medium #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-14T00:00:00.000Z Reasoning: Indicated resource for La Porfia vein shows good silver grade and contained metal, contributing positively to the overall MRE. - Positive factor: Indicated resource category provides high confidence - Positive factor: High silver grade for an underground deposit Evidence · table > 233.8 Context: 124 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/outcrop-silver-announces-updated-mineral-resource-estimate-for-the-santa-ana-pri--162fff52-d804-4e77-898a-46b967a98fcb#fact-resource-facts-25) Santa Ana · gold #### Identity - Project: Santa Ana - Commodity: gold - Region: colombia - Reported Region: Colombia - Ticker: OCG #### Resource scope - Estimate type: resource - Effective date: 2026-09-10T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Warren Black - Resource group id: resource:070a6bf616632d5ea0da - Deposit or zone: La Porfia - Mining method: underground - Ownership percent: 100 % #### Resource Data - Category: indicated - Tonnes: 124000 - Grade: 3.54 - Grade Unit: g/t - Contained Metal: 0.014 - Contained Unit: moz - Cutoff Grade: 130 - Cutoff Unit: g/t AgEq #### Prior Estimate - Resource Date: 2026-09-10 #### Metal Equivalent - Assumptions Disclosed: Yes #### Lab - Laboratory: Actlabs #### Location - CRS: North American Datum 1983 / UTM Zone 15N - EPSG: 26915 - Loc. Confidence: medium #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-14T00:00:00.000Z Reasoning: Indicated resource for La Porfia vein shows high gold grade, contributing significantly to the overall AgEq. - Positive factor: Indicated resource category provides high confidence - Positive factor: High gold grade for an underground deposit Evidence · table > 3.54 Context: 124 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/outcrop-silver-announces-updated-mineral-resource-estimate-for-the-santa-ana-pri--162fff52-d804-4e77-898a-46b967a98fcb#fact-resource-facts-26) Santa Ana · silver #### Identity - Project: Santa Ana - Commodity: silver - Region: colombia - Reported Region: Colombia - Ticker: OCG #### Resource scope - Estimate type: resource - Effective date: 2026-09-10T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Warren Black - Resource group id: resource:070a6bf616632d5ea0da - Deposit or zone: La Porfia - Mining method: underground - Ownership percent: 100 % #### Resource Data - Category: indicated - Tonnes: 124000 - Contained Metal: 2 - Contained Unit: moz ageq - Cutoff Grade: 130 - Cutoff Unit: g/t AgEq #### Prior Estimate - Resource Date: 2026-09-10 #### Metal Equivalent - Metal Eq. Grade: 513.4 - Metal Eq. Unit: g/t AgEq - Assumptions Disclosed: Yes #### Lab - Laboratory: Actlabs #### Location - CRS: North American Datum 1983 / UTM Zone 15N - EPSG: 26915 - Loc. Confidence: medium #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-14T00:00:00.000Z Reasoning: Indicated resource for La Porfia vein shows high AgEq grade and contained metal, contributing positively to the overall MRE. - Positive factor: Indicated resource category provides high confidence - Positive factor: High AgEq grade for an underground deposit Evidence · table > 513.4 Context: 124 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/outcrop-silver-announces-updated-mineral-resource-estimate-for-the-santa-ana-pri--162fff52-d804-4e77-898a-46b967a98fcb#fact-resource-facts-27) Santa Ana · silver #### Identity - Project: Santa Ana - Commodity: silver - Region: colombia - Reported Region: Colombia - Ticker: OCG #### Resource scope - Estimate type: resource - Effective date: 2026-09-10T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Warren Black - Resource group id: resource:af5e4e14bb27ba5c0bc3 - Deposit or zone: La Porfia - Mining method: underground - Ownership percent: 100 % #### Resource Data - Category: inferred - Tonnes: 84000 - Grade: 194.8 - Grade Unit: g/t - Contained Metal: 0.5 - Contained Unit: moz - Cutoff Grade: 130 - Cutoff Unit: g/t AgEq #### Prior Estimate - Resource Date: 2026-09-10 #### Metal Equivalent - Assumptions Disclosed: Yes #### Lab - Laboratory: Actlabs #### Location - CRS: North American Datum 1983 / UTM Zone 15N - EPSG: 26915 - Loc. Confidence: medium #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-14T00:00:00.000Z Reasoning: Inferred resource for La Porfia vein shows good silver grade and contained metal, contributing to the overall resource growth. - Positive factor: Significant increase in Inferred resources for the project - Negative factor: Inferred resource category has lower confidence Evidence · table > 194.8 Context: 84 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/outcrop-silver-announces-updated-mineral-resource-estimate-for-the-santa-ana-pri--162fff52-d804-4e77-898a-46b967a98fcb#fact-resource-facts-28) Santa Ana · gold #### Identity - Project: Santa Ana - Commodity: gold - Region: colombia - Reported Region: Colombia - Ticker: OCG #### Resource scope - Estimate type: resource - Effective date: 2026-09-10T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Warren Black - Resource group id: resource:af5e4e14bb27ba5c0bc3 - Deposit or zone: La Porfia - Mining method: underground - Ownership percent: 100 % #### Resource Data - Category: inferred - Tonnes: 84000 - Grade: 4.01 - Grade Unit: g/t - Contained Metal: 0.011 - Contained Unit: moz - Cutoff Grade: 130 - Cutoff Unit: g/t AgEq #### Prior Estimate - Resource Date: 2026-09-10 #### Metal Equivalent - Assumptions Disclosed: Yes #### Lab - Laboratory: Actlabs #### Location - CRS: North American Datum 1983 / UTM Zone 15N - EPSG: 26915 - Loc. Confidence: medium #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-14T00:00:00.000Z Reasoning: Inferred resource for La Porfia vein shows high gold grade, contributing significantly to the overall AgEq. - Positive factor: Significant increase in Inferred resources for the project - Positive factor: High gold grade for an underground deposit - Negative factor: Inferred resource category has lower confidence Evidence · table > 4.01 Context: 84 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/outcrop-silver-announces-updated-mineral-resource-estimate-for-the-santa-ana-pri--162fff52-d804-4e77-898a-46b967a98fcb#fact-resource-facts-29) Santa Ana · silver #### Identity - Project: Santa Ana - Commodity: silver - Region: colombia - Reported Region: Colombia - Ticker: OCG #### Resource scope - Estimate type: resource - Effective date: 2026-09-10T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Warren Black - Resource group id: resource:af5e4e14bb27ba5c0bc3 - Deposit or zone: La Porfia - Mining method: underground - Ownership percent: 100 % #### Resource Data - Category: inferred - Tonnes: 84000 - Contained Metal: 1.4 - Contained Unit: moz ageq - Cutoff Grade: 130 - Cutoff Unit: g/t AgEq #### Prior Estimate - Resource Date: 2026-09-10 #### Metal Equivalent - Metal Eq. Grade: 511.5 - Metal Eq. Unit: g/t AgEq - Assumptions Disclosed: Yes #### Lab - Laboratory: Actlabs #### Location - CRS: North American Datum 1983 / UTM Zone 15N - EPSG: 26915 - Loc. Confidence: medium #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-14T00:00:00.000Z Reasoning: Inferred resource for La Porfia vein shows high AgEq grade and contained metal, contributing to the overall resource growth. - Positive factor: Significant increase in Inferred resources for the project - Positive factor: High AgEq grade for an underground deposit - Negative factor: Inferred resource category has lower confidence Evidence · table > 511.5 Context: 84 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/outcrop-silver-announces-updated-mineral-resource-estimate-for-the-santa-ana-pri--162fff52-d804-4e77-898a-46b967a98fcb#fact-resource-facts-30) Santa Ana · silver #### Identity - Project: Santa Ana - Commodity: silver - Region: colombia - Reported Region: Colombia - Ticker: OCG #### Resource scope - Estimate type: resource - Effective date: 2026-09-10T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Warren Black - Resource group id: resource:e931e9353b2b0444c71c - Deposit or zone: La Ye - Mining method: underground - Ownership percent: 100 % #### Resource Data - Category: indicated - Tonnes: 60000 - Grade: 165.2 - Grade Unit: g/t - Contained Metal: 0.3 - Contained Unit: moz - Cutoff Grade: 130 - Cutoff Unit: g/t AgEq #### Prior Estimate - Resource Date: 2026-09-10 #### Metal Equivalent - Assumptions Disclosed: Yes #### Lab - Laboratory: Actlabs #### Location - CRS: North American Datum 1983 / UTM Zone 15N - EPSG: 26915 - Loc. Confidence: medium #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-14T00:00:00.000Z Reasoning: Indicated resource for La Ye vein shows good silver grade and contained metal, contributing positively to the overall MRE. - Positive factor: Indicated resource category provides high confidence Evidence · table > 165.2 Context: 60 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/outcrop-silver-announces-updated-mineral-resource-estimate-for-the-santa-ana-pri--162fff52-d804-4e77-898a-46b967a98fcb#fact-resource-facts-31) Santa Ana · gold #### Identity - Project: Santa Ana - Commodity: gold - Region: colombia - Reported Region: Colombia - Ticker: OCG #### Resource scope - Estimate type: resource - Effective date: 2026-09-10T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Warren Black - Resource group id: resource:e931e9353b2b0444c71c - Deposit or zone: La Ye - Mining method: underground - Ownership percent: 100 % #### Resource Data - Category: indicated - Tonnes: 60000 - Grade: 1.13 - Grade Unit: g/t - Contained Metal: 0.002 - Contained Unit: moz - Cutoff Grade: 130 - Cutoff Unit: g/t AgEq #### Prior Estimate - Resource Date: 2026-09-10 #### Metal Equivalent - Assumptions Disclosed: Yes #### Lab - Laboratory: Actlabs #### Location - CRS: North American Datum 1983 / UTM Zone 15N - EPSG: 26915 - Loc. Confidence: medium #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-14T00:00:00.000Z Reasoning: Indicated resource for La Ye vein includes gold as a secondary commodity, contributing to the overall AgEq. - Positive factor: Indicated resource category provides high confidence Evidence · table > 1.13 Context: 60 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/outcrop-silver-announces-updated-mineral-resource-estimate-for-the-santa-ana-pri--162fff52-d804-4e77-898a-46b967a98fcb#fact-resource-facts-32) Santa Ana · silver #### Identity - Project: Santa Ana - Commodity: silver - Region: colombia - Reported Region: Colombia - Ticker: OCG #### Resource scope - Estimate type: resource - Effective date: 2026-09-10T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Warren Black - Resource group id: resource:e931e9353b2b0444c71c - Deposit or zone: La Ye - Mining method: underground - Ownership percent: 100 % #### Resource Data - Category: indicated - Tonnes: 60000 - Contained Metal: 0.5 - Contained Unit: moz ageq - Cutoff Grade: 130 - Cutoff Unit: g/t AgEq #### Prior Estimate - Resource Date: 2026-09-10 #### Metal Equivalent - Metal Eq. Grade: 254.2 - Metal Eq. Unit: g/t AgEq - Assumptions Disclosed: Yes #### Lab - Laboratory: Actlabs #### Location - CRS: North American Datum 1983 / UTM Zone 15N - EPSG: 26915 - Loc. Confidence: medium #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-14T00:00:00.000Z Reasoning: Indicated resource for La Ye vein shows good AgEq grade and contained metal, contributing positively to the overall MRE. - Positive factor: Indicated resource category provides high confidence Evidence · table > 254.2 Context: 60 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/outcrop-silver-announces-updated-mineral-resource-estimate-for-the-santa-ana-pri--162fff52-d804-4e77-898a-46b967a98fcb#fact-resource-facts-33) Santa Ana · silver #### Identity - Project: Santa Ana - Commodity: silver - Region: colombia - Reported Region: Colombia - Ticker: OCG #### Resource scope - Estimate type: resource - Effective date: 2026-09-10T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Warren Black - Resource group id: resource:342fd5eaae5d43b3aae3 - Deposit or zone: La Ye - Mining method: underground - Ownership percent: 100 % #### Resource Data - Category: inferred - Tonnes: 82000 - Grade: 174.8 - Grade Unit: g/t - Contained Metal: 0.5 - Contained Unit: moz - Cutoff Grade: 130 - Cutoff Unit: g/t AgEq #### Prior Estimate - Resource Date: 2026-09-10 #### Metal Equivalent - Assumptions Disclosed: Yes #### Lab - Laboratory: Actlabs #### Location - CRS: North American Datum 1983 / UTM Zone 15N - EPSG: 26915 - Loc. Confidence: medium #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-14T00:00:00.000Z Reasoning: Inferred resource for La Ye vein shows good silver grade and contained metal, contributing to the overall resource growth. - Positive factor: Significant increase in Inferred resources for the project - Negative factor: Inferred resource category has lower confidence Evidence · table > 174.8 Context: 82 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/outcrop-silver-announces-updated-mineral-resource-estimate-for-the-santa-ana-pri--162fff52-d804-4e77-898a-46b967a98fcb#fact-resource-facts-34) Santa Ana · gold #### Identity - Project: Santa Ana - Commodity: gold - Region: colombia - Reported Region: Colombia - Ticker: OCG #### Resource scope - Estimate type: resource - Effective date: 2026-09-10T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Warren Black - Resource group id: resource:342fd5eaae5d43b3aae3 - Deposit or zone: La Ye - Mining method: underground - Ownership percent: 100 % #### Resource Data - Category: inferred - Tonnes: 82000 - Grade: 1.23 - Grade Unit: g/t - Contained Metal: 0.003 - Contained Unit: moz - Cutoff Grade: 130 - Cutoff Unit: g/t AgEq #### Prior Estimate - Resource Date: 2026-09-10 #### Metal Equivalent - Assumptions Disclosed: Yes #### Lab - Laboratory: Actlabs #### Location - CRS: North American Datum 1983 / UTM Zone 15N - EPSG: 26915 - Loc. Confidence: medium #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-14T00:00:00.000Z Reasoning: Inferred resource for La Ye vein includes gold as a secondary commodity, contributing to the overall AgEq. - Positive factor: Significant increase in Inferred resources for the project - Negative factor: Inferred resource category has lower confidence Evidence · table > 1.23 Context: 82 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/outcrop-silver-announces-updated-mineral-resource-estimate-for-the-santa-ana-pri--162fff52-d804-4e77-898a-46b967a98fcb#fact-resource-facts-35) Santa Ana · silver #### Identity - Project: Santa Ana - Commodity: silver - Region: colombia - Reported Region: Colombia - Ticker: OCG #### Resource scope - Estimate type: resource - Effective date: 2026-09-10T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Warren Black - Resource group id: resource:342fd5eaae5d43b3aae3 - Deposit or zone: La Ye - Mining method: underground - Ownership percent: 100 % #### Resource Data - Category: inferred - Tonnes: 82000 - Contained Metal: 0.7 - Contained Unit: moz ageq - Cutoff Grade: 130 - Cutoff Unit: g/t AgEq #### Prior Estimate - Resource Date: 2026-09-10 #### Metal Equivalent - Metal Eq. Grade: 272.4 - Metal Eq. Unit: g/t AgEq - Assumptions Disclosed: Yes #### Lab - Laboratory: Actlabs #### Location - CRS: North American Datum 1983 / UTM Zone 15N - EPSG: 26915 - Loc. Confidence: medium #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-14T00:00:00.000Z Reasoning: Inferred resource for La Ye vein shows good AgEq grade and contained metal, contributing to the overall resource growth. - Positive factor: Significant increase in Inferred resources for the project - Negative factor: Inferred resource category has lower confidence Evidence · table > 272.4 Context: 82 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/outcrop-silver-announces-updated-mineral-resource-estimate-for-the-santa-ana-pri--162fff52-d804-4e77-898a-46b967a98fcb#fact-resource-facts-36) Santa Ana · silver #### Identity - Project: Santa Ana - Commodity: silver - Region: colombia - Reported Region: Colombia - Ticker: OCG #### Resource scope - Estimate type: resource - Effective date: 2026-09-10T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Warren Black - Resource group id: resource:a18bcb3a58e348e84351 - Deposit or zone: Las Maras - Mining method: underground - Ownership percent: 100 % #### Resource Data - Category: indicated - Tonnes: 194000 - Grade: 735.1 - Grade Unit: g/t - Contained Metal: 4.6 - Contained Unit: moz - Cutoff Grade: 130 - Cutoff Unit: g/t AgEq #### Prior Estimate - Resource Date: 2026-09-10 #### Metal Equivalent - Assumptions Disclosed: Yes #### Lab - Laboratory: Actlabs #### Location - CRS: North American Datum 1983 / UTM Zone 15N - EPSG: 26915 - Loc. Confidence: medium #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-14T00:00:00.000Z Reasoning: Indicated resource for Las Maras vein shows exceptional silver grade and contained metal, significantly contributing to the overall MRE. - Positive factor: Indicated resource category provides high confidence - Positive factor: Exceptional silver grade for an underground deposit Evidence · table > 735.1 Context: 194 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/outcrop-silver-announces-updated-mineral-resource-estimate-for-the-santa-ana-pri--162fff52-d804-4e77-898a-46b967a98fcb#fact-resource-facts-37) Santa Ana · gold #### Identity - Project: Santa Ana - Commodity: gold - Region: colombia - Reported Region: Colombia - Ticker: OCG #### Resource scope - Estimate type: resource - Effective date: 2026-09-10T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Warren Black - Resource group id: resource:a18bcb3a58e348e84351 - Deposit or zone: Las Maras - Mining method: underground - Ownership percent: 100 % #### Resource Data - Category: indicated - Tonnes: 194000 - Grade: 1.51 - Grade Unit: g/t - Contained Metal: 0.009 - Contained Unit: moz - Cutoff Grade: 130 - Cutoff Unit: g/t AgEq #### Prior Estimate - Resource Date: 2026-09-10 #### Metal Equivalent - Assumptions Disclosed: Yes #### Lab - Laboratory: Actlabs #### Location - CRS: North American Datum 1983 / UTM Zone 15N - EPSG: 26915 - Loc. Confidence: medium #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-14T00:00:00.000Z Reasoning: Indicated resource for Las Maras vein includes gold as a secondary commodity, contributing to the overall AgEq. - Positive factor: Indicated resource category provides high confidence Evidence · table > 1.51 Context: 194 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/outcrop-silver-announces-updated-mineral-resource-estimate-for-the-santa-ana-pri--162fff52-d804-4e77-898a-46b967a98fcb#fact-resource-facts-38) Santa Ana · silver #### Identity - Project: Santa Ana - Commodity: silver - Region: colombia - Reported Region: Colombia - Ticker: OCG #### Resource scope - Estimate type: resource - Effective date: 2026-09-10T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Warren Black - Resource group id: resource:a18bcb3a58e348e84351 - Deposit or zone: Las Maras - Mining method: underground - Ownership percent: 100 % #### Resource Data - Category: indicated - Tonnes: 194000 - Contained Metal: 5.3 - Contained Unit: moz ageq - Cutoff Grade: 130 - Cutoff Unit: g/t AgEq #### Prior Estimate - Resource Date: 2026-09-10 #### Metal Equivalent - Metal Eq. Grade: 854.8 - Metal Eq. Unit: g/t AgEq - Assumptions Disclosed: Yes #### Lab - Laboratory: Actlabs #### Location - CRS: North American Datum 1983 / UTM Zone 15N - EPSG: 26915 - Loc. Confidence: medium #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-14T00:00:00.000Z Reasoning: Indicated resource for Las Maras vein shows exceptional AgEq grade and contained metal, significantly contributing to the overall MRE. - Positive factor: Indicated resource category provides high confidence - Positive factor: Exceptional AgEq grade for an underground deposit Evidence · table > 854.8 Context: 194 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/outcrop-silver-announces-updated-mineral-resource-estimate-for-the-santa-ana-pri--162fff52-d804-4e77-898a-46b967a98fcb#fact-resource-facts-39) Santa Ana · silver #### Identity - Project: Santa Ana - Commodity: silver - Region: colombia - Reported Region: Colombia - Ticker: OCG #### Resource scope - Estimate type: resource - Effective date: 2026-09-10T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Warren Black - Resource group id: resource:33b65ebb30b2abd5354f - Deposit or zone: Las Maras - Mining method: underground - Ownership percent: 100 % #### Resource Data - Category: inferred - Tonnes: 158000 - Grade: 596.9 - Grade Unit: g/t - Contained Metal: 3 - Contained Unit: moz - Cutoff Grade: 130 - Cutoff Unit: g/t AgEq #### Prior Estimate - Resource Date: 2026-09-10 #### Metal Equivalent - Assumptions Disclosed: Yes #### Lab - Laboratory: Actlabs #### Location - CRS: North American Datum 1983 / UTM Zone 15N - EPSG: 26915 - Loc. Confidence: medium #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-14T00:00:00.000Z Reasoning: Inferred resource for Las Maras vein shows very high silver grade and contained metal, significantly contributing to the overall resource growth. - Positive factor: Significant increase in Inferred resources for the project - Positive factor: Very high silver grade for an underground deposit - Negative factor: Inferred resource category has lower confidence Evidence · table > 596.9 Context: 158 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/outcrop-silver-announces-updated-mineral-resource-estimate-for-the-santa-ana-pri--162fff52-d804-4e77-898a-46b967a98fcb#fact-resource-facts-40) Santa Ana · gold #### Identity - Project: Santa Ana - Commodity: gold - Region: colombia - Reported Region: Colombia - Ticker: OCG #### Resource scope - Estimate type: resource - Effective date: 2026-09-10T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Warren Black - Resource group id: resource:33b65ebb30b2abd5354f - Deposit or zone: Las Maras - Mining method: underground - Ownership percent: 100 % #### Resource Data - Category: inferred - Tonnes: 158000 - Grade: 1.94 - Grade Unit: g/t - Contained Metal: 0.01 - Contained Unit: moz - Cutoff Grade: 130 - Cutoff Unit: g/t AgEq #### Prior Estimate - Resource Date: 2026-09-10 #### Metal Equivalent - Assumptions Disclosed: Yes #### Lab - Laboratory: Actlabs #### Location - CRS: North American Datum 1983 / UTM Zone 15N - EPSG: 26915 - Loc. Confidence: medium #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-14T00:00:00.000Z Reasoning: Inferred resource for Las Maras vein includes gold as a secondary commodity, contributing to the overall AgEq. - Positive factor: Significant increase in Inferred resources for the project - Negative factor: Inferred resource category has lower confidence Evidence · table > 1.94 Context: 158 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/outcrop-silver-announces-updated-mineral-resource-estimate-for-the-santa-ana-pri--162fff52-d804-4e77-898a-46b967a98fcb#fact-resource-facts-41) Santa Ana · silver #### Identity - Project: Santa Ana - Commodity: silver - Region: colombia - Reported Region: Colombia - Ticker: OCG #### Resource scope - Estimate type: resource - Effective date: 2026-09-10T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Warren Black - Resource group id: resource:33b65ebb30b2abd5354f - Deposit or zone: Las Maras - Mining method: underground - Ownership percent: 100 % #### Resource Data - Category: inferred - Tonnes: 158000 - Contained Metal: 3.8 - Contained Unit: moz ageq - Cutoff Grade: 130 - Cutoff Unit: g/t AgEq #### Prior Estimate - Resource Date: 2026-09-10 #### Metal Equivalent - Metal Eq. Grade: 750.6 - Metal Eq. Unit: g/t AgEq - Assumptions Disclosed: Yes #### Lab - Laboratory: Actlabs #### Location - CRS: North American Datum 1983 / UTM Zone 15N - EPSG: 26915 - Loc. Confidence: medium #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-14T00:00:00.000Z Reasoning: Inferred resource for Las Maras vein shows very high AgEq grade and contained metal, significantly contributing to the overall resource growth. - Positive factor: Significant increase in Inferred resources for the project - Positive factor: Very high AgEq grade for an underground deposit - Negative factor: Inferred resource category has lower confidence Evidence · table > 750.6 Context: 158 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/outcrop-silver-announces-updated-mineral-resource-estimate-for-the-santa-ana-pri--162fff52-d804-4e77-898a-46b967a98fcb#fact-resource-facts-42) Santa Ana · silver #### Identity - Project: Santa Ana - Commodity: silver - Region: colombia - Reported Region: Colombia - Ticker: OCG #### Resource scope - Estimate type: resource - Effective date: 2026-09-10T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Warren Black - Resource group id: resource:ac09897c22c23e656da9 - Deposit or zone: La Isabela - Mining method: underground - Ownership percent: 100 % #### Resource Data - Category: indicated - Tonnes: 9000 - Grade: 205.6 - Grade Unit: g/t - Contained Metal: 0.1 - Contained Unit: moz - Cutoff Grade: 130 - Cutoff Unit: g/t AgEq #### Prior Estimate - Resource Date: 2026-09-10 #### Metal Equivalent - Assumptions Disclosed: Yes #### Lab - Laboratory: Actlabs #### Location - CRS: North American Datum 1983 / UTM Zone 15N - EPSG: 26915 - Loc. Confidence: medium #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-14T00:00:00.000Z Reasoning: Indicated resource for La Isabela vein is very small, contributing minimally to the overall MRE. - Positive factor: Indicated resource category provides high confidence - Negative factor: Very small tonnage and contained metal Evidence · table > 205.6 Context: 9 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/outcrop-silver-announces-updated-mineral-resource-estimate-for-the-santa-ana-pri--162fff52-d804-4e77-898a-46b967a98fcb#fact-resource-facts-43) Santa Ana · gold #### Identity - Project: Santa Ana - Commodity: gold - Region: colombia - Reported Region: Colombia - Ticker: OCG #### Resource scope - Estimate type: resource - Effective date: 2026-09-10T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Warren Black - Resource group id: resource:ac09897c22c23e656da9 - Deposit or zone: La Isabela - Mining method: underground - Ownership percent: 100 % #### Resource Data - Category: indicated - Tonnes: 9000 - Grade: 1.12 - Grade Unit: g/t - Contained Metal: 0 - Contained Unit: moz - Cutoff Grade: 130 - Cutoff Unit: g/t AgEq #### Prior Estimate - Resource Date: 2026-09-10 #### Metal Equivalent - Assumptions Disclosed: Yes #### Lab - Laboratory: Actlabs #### Location - CRS: North American Datum 1983 / UTM Zone 15N - EPSG: 26915 - Loc. Confidence: medium #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-14T00:00:00.000Z Reasoning: Indicated resource for La Isabela vein is very small, with gold as a minor component. - Positive factor: Indicated resource category provides high confidence - Negative factor: Very small tonnage and contained metal Evidence · table > 1.12 Context: 9 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/outcrop-silver-announces-updated-mineral-resource-estimate-for-the-santa-ana-pri--162fff52-d804-4e77-898a-46b967a98fcb#fact-resource-facts-44) Santa Ana · silver #### Identity - Project: Santa Ana - Commodity: silver - Region: colombia - Reported Region: Colombia - Ticker: OCG #### Resource scope - Estimate type: resource - Effective date: 2026-09-10T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Warren Black - Resource group id: resource:ac09897c22c23e656da9 - Deposit or zone: La Isabela - Mining method: underground - Ownership percent: 100 % #### Resource Data - Category: indicated - Tonnes: 9000 - Contained Metal: 0.1 - Contained Unit: moz ageq - Cutoff Grade: 130 - Cutoff Unit: g/t AgEq #### Prior Estimate - Resource Date: 2026-09-10 #### Metal Equivalent - Metal Eq. Grade: 293.9 - Metal Eq. Unit: g/t AgEq - Assumptions Disclosed: Yes #### Lab - Laboratory: Actlabs #### Location - CRS: North American Datum 1983 / UTM Zone 15N - EPSG: 26915 - Loc. Confidence: medium #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-14T00:00:00.000Z Reasoning: Indicated resource for La Isabela vein is very small, contributing minimally to the overall MRE. - Positive factor: Indicated resource category provides high confidence - Negative factor: Very small tonnage and contained metal Evidence · table > 293.9 Context: 9 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/outcrop-silver-announces-updated-mineral-resource-estimate-for-the-santa-ana-pri--162fff52-d804-4e77-898a-46b967a98fcb#fact-resource-facts-45) Santa Ana · silver #### Identity - Project: Santa Ana - Commodity: silver - Region: colombia - Reported Region: Colombia - Ticker: OCG #### Resource scope - Estimate type: resource - Effective date: 2026-09-10T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Warren Black - Resource group id: resource:90e57d42863213f45edb - Deposit or zone: La Isabela - Mining method: underground - Ownership percent: 100 % #### Resource Data - Category: inferred - Tonnes: 73000 - Grade: 170.7 - Grade Unit: g/t - Contained Metal: 0.4 - Contained Unit: moz - Cutoff Grade: 130 - Cutoff Unit: g/t AgEq #### Prior Estimate - Resource Date: 2026-09-10 #### Metal Equivalent - Assumptions Disclosed: Yes #### Lab - Laboratory: Actlabs #### Location - CRS: North American Datum 1983 / UTM Zone 15N - EPSG: 26915 - Loc. Confidence: medium #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-14T00:00:00.000Z Reasoning: Inferred resource for La Isabela vein shows good silver grade and contained metal, contributing to the overall resource growth. - Positive factor: Significant increase in Inferred resources for the project - Negative factor: Inferred resource category has lower confidence Evidence · table > 170.7 Context: 73 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/outcrop-silver-announces-updated-mineral-resource-estimate-for-the-santa-ana-pri--162fff52-d804-4e77-898a-46b967a98fcb#fact-resource-facts-46) Santa Ana · gold #### Identity - Project: Santa Ana - Commodity: gold - Region: colombia - Reported Region: Colombia - Ticker: OCG #### Resource scope - Estimate type: resource - Effective date: 2026-09-10T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Warren Black - Resource group id: resource:90e57d42863213f45edb - Deposit or zone: La Isabela - Mining method: underground - Ownership percent: 100 % #### Resource Data - Category: inferred - Tonnes: 73000 - Grade: 0.99 - Grade Unit: g/t - Contained Metal: 0.002 - Contained Unit: moz - Cutoff Grade: 130 - Cutoff Unit: g/t AgEq #### Prior Estimate - Resource Date: 2026-09-10 #### Metal Equivalent - Assumptions Disclosed: Yes #### Lab - Laboratory: Actlabs #### Location - CRS: North American Datum 1983 / UTM Zone 15N - EPSG: 26915 - Loc. Confidence: medium #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-14T00:00:00.000Z Reasoning: Inferred resource for La Isabela vein includes gold as a secondary commodity, contributing to the overall AgEq. - Positive factor: Significant increase in Inferred resources for the project - Negative factor: Inferred resource category has lower confidence Evidence · table > 0.99 Context: 73 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/outcrop-silver-announces-updated-mineral-resource-estimate-for-the-santa-ana-pri--162fff52-d804-4e77-898a-46b967a98fcb#fact-resource-facts-47) Santa Ana · silver #### Identity - Project: Santa Ana - Commodity: silver - Region: colombia - Reported Region: Colombia - Ticker: OCG #### Resource scope - Estimate type: resource - Effective date: 2026-09-10T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Warren Black - Resource group id: resource:90e57d42863213f45edb - Deposit or zone: La Isabela - Mining method: underground - Ownership percent: 100 % #### Resource Data - Category: inferred - Tonnes: 73000 - Contained Metal: 0.6 - Contained Unit: moz ageq - Cutoff Grade: 130 - Cutoff Unit: g/t AgEq #### Prior Estimate - Resource Date: 2026-09-10 #### Metal Equivalent - Metal Eq. Grade: 249.2 - Metal Eq. Unit: g/t AgEq - Assumptions Disclosed: Yes #### Lab - Laboratory: Actlabs #### Location - CRS: North American Datum 1983 / UTM Zone 15N - EPSG: 26915 - Loc. Confidence: medium #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-14T00:00:00.000Z Reasoning: Inferred resource for La Isabela vein shows good AgEq grade and contained metal, contributing to the overall resource growth. - Positive factor: Significant increase in Inferred resources for the project - Negative factor: Inferred resource category has lower confidence Evidence · table > 249.2 Context: 73 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/outcrop-silver-announces-updated-mineral-resource-estimate-for-the-santa-ana-pri--162fff52-d804-4e77-898a-46b967a98fcb#fact-resource-facts-48) Santa Ana · silver #### Identity - Project: Santa Ana - Commodity: silver - Region: colombia - Reported Region: Colombia - Ticker: OCG #### Resource scope - Estimate type: resource - Effective date: 2026-09-10T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Warren Black - Resource group id: resource:b36adce3660338deb2bf - Deposit or zone: Los Mangos - Mining method: underground - Ownership percent: 100 % #### Resource Data - Category: indicated - Tonnes: 170000 - Grade: 397 - Grade Unit: g/t - Contained Metal: 2.2 - Contained Unit: moz - Cutoff Grade: 130 - Cutoff Unit: g/t AgEq #### Prior Estimate - Resource Date: 2026-09-10 #### Metal Equivalent - Assumptions Disclosed: Yes #### Lab - Laboratory: Actlabs #### Location - CRS: North American Datum 1983 / UTM Zone 15N - EPSG: 26915 - Loc. Confidence: medium #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-14T00:00:00.000Z Reasoning: Indicated resource for Los Mangos vein shows good silver grade and contained metal, contributing positively to the overall MRE. - Positive factor: Indicated resource category provides high confidence - Positive factor: High silver grade for an underground deposit Evidence · table > 397.0 Context: 170 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/outcrop-silver-announces-updated-mineral-resource-estimate-for-the-santa-ana-pri--162fff52-d804-4e77-898a-46b967a98fcb#fact-resource-facts-49) Santa Ana · gold #### Identity - Project: Santa Ana - Commodity: gold - Region: colombia - Reported Region: Colombia - Ticker: OCG #### Resource scope - Estimate type: resource - Effective date: 2026-09-10T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Warren Black - Resource group id: resource:b36adce3660338deb2bf - Deposit or zone: Los Mangos - Mining method: underground - Ownership percent: 100 % #### Resource Data - Category: indicated - Tonnes: 170000 - Grade: 1.62 - Grade Unit: g/t - Contained Metal: 0.009 - Contained Unit: moz - Cutoff Grade: 130 - Cutoff Unit: g/t AgEq #### Prior Estimate - Resource Date: 2026-09-10 #### Metal Equivalent - Assumptions Disclosed: Yes #### Lab - Laboratory: Actlabs #### Location - CRS: North American Datum 1983 / UTM Zone 15N - EPSG: 26915 - Loc. Confidence: medium #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-14T00:00:00.000Z Reasoning: Indicated resource for Los Mangos vein includes gold as a secondary commodity, contributing to the overall AgEq. - Positive factor: Indicated resource category provides high confidence Evidence · table > 1.62 Context: 170 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/outcrop-silver-announces-updated-mineral-resource-estimate-for-the-santa-ana-pri--162fff52-d804-4e77-898a-46b967a98fcb#fact-resource-facts-50) Santa Ana · silver #### Identity - Project: Santa Ana - Commodity: silver - Region: colombia - Reported Region: Colombia - Ticker: OCG #### Resource scope - Estimate type: resource - Effective date: 2026-09-10T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Warren Black - Resource group id: resource:b36adce3660338deb2bf - Deposit or zone: Los Mangos - Mining method: underground - Ownership percent: 100 % #### Resource Data - Category: indicated - Tonnes: 170000 - Contained Metal: 2.9 - Contained Unit: moz ageq - Cutoff Grade: 130 - Cutoff Unit: g/t AgEq #### Prior Estimate - Resource Date: 2026-09-10 #### Metal Equivalent - Metal Eq. Grade: 525.1 - Metal Eq. Unit: g/t AgEq - Assumptions Disclosed: Yes #### Lab - Laboratory: Actlabs #### Location - CRS: North American Datum 1983 / UTM Zone 15N - EPSG: 26915 - Loc. Confidence: medium #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-14T00:00:00.000Z Reasoning: Indicated resource for Los Mangos vein shows high AgEq grade and contained metal, contributing positively to the overall MRE. - Positive factor: Indicated resource category provides high confidence - Positive factor: High AgEq grade for an underground deposit Evidence · table > 525.1 Context: 170 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/outcrop-silver-announces-updated-mineral-resource-estimate-for-the-santa-ana-pri--162fff52-d804-4e77-898a-46b967a98fcb#fact-resource-facts-51) Santa Ana · silver #### Identity - Project: Santa Ana - Commodity: silver - Region: colombia - Reported Region: Colombia - Ticker: OCG #### Resource scope - Estimate type: resource - Effective date: 2026-09-10T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Warren Black - Resource group id: resource:23c5481c5fe511ade120 - Deposit or zone: Los Mangos - Mining method: underground - Ownership percent: 100 % #### Resource Data - Category: inferred - Tonnes: 78000 - Grade: 487.6 - Grade Unit: g/t - Contained Metal: 1.2 - Contained Unit: moz - Cutoff Grade: 130 - Cutoff Unit: g/t AgEq #### Prior Estimate - Resource Date: 2026-09-10 #### Metal Equivalent - Assumptions Disclosed: Yes #### Lab - Laboratory: Actlabs #### Location - CRS: North American Datum 1983 / UTM Zone 15N - EPSG: 26915 - Loc. Confidence: medium #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-14T00:00:00.000Z Reasoning: Inferred resource for Los Mangos vein shows very high silver grade and contained metal, significantly contributing to the overall resource growth. - Positive factor: Significant increase in Inferred resources for the project - Positive factor: Very high silver grade for an underground deposit - Negative factor: Inferred resource category has lower confidence Evidence · table > 487.6 Context: 78 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/outcrop-silver-announces-updated-mineral-resource-estimate-for-the-santa-ana-pri--162fff52-d804-4e77-898a-46b967a98fcb#fact-resource-facts-52) Santa Ana · gold #### Identity - Project: Santa Ana - Commodity: gold - Region: colombia - Reported Region: Colombia - Ticker: OCG #### Resource scope - Estimate type: resource - Effective date: 2026-09-10T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Warren Black - Resource group id: resource:23c5481c5fe511ade120 - Deposit or zone: Los Mangos - Mining method: underground - Ownership percent: 100 % #### Resource Data - Category: inferred - Tonnes: 78000 - Grade: 0.76 - Grade Unit: g/t - Contained Metal: 0.002 - Contained Unit: moz - Cutoff Grade: 130 - Cutoff Unit: g/t AgEq #### Prior Estimate - Resource Date: 2026-09-10 #### Metal Equivalent - Assumptions Disclosed: Yes #### Lab - Laboratory: Actlabs #### Location - CRS: North American Datum 1983 / UTM Zone 15N - EPSG: 26915 - Loc. Confidence: medium #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-14T00:00:00.000Z Reasoning: Inferred resource for Los Mangos vein includes gold as a secondary commodity, contributing to the overall AgEq. - Positive factor: Significant increase in Inferred resources for the project - Negative factor: Inferred resource category has lower confidence Evidence · table > 0.76 Context: 78 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/outcrop-silver-announces-updated-mineral-resource-estimate-for-the-santa-ana-pri--162fff52-d804-4e77-898a-46b967a98fcb#fact-resource-facts-53) Santa Ana · silver #### Identity - Project: Santa Ana - Commodity: silver - Region: colombia - Reported Region: Colombia - Ticker: OCG #### Resource scope - Estimate type: resource - Effective date: 2026-09-10T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Warren Black - Resource group id: resource:23c5481c5fe511ade120 - Deposit or zone: Los Mangos - Mining method: underground - Ownership percent: 100 % #### Resource Data - Category: inferred - Tonnes: 78000 - Contained Metal: 1.4 - Contained Unit: moz ageq - Cutoff Grade: 130 - Cutoff Unit: g/t AgEq #### Prior Estimate - Resource Date: 2026-09-10 #### Metal Equivalent - Metal Eq. Grade: 547.4 - Metal Eq. Unit: g/t AgEq - Assumptions Disclosed: Yes #### Lab - Laboratory: Actlabs #### Location - CRS: North American Datum 1983 / UTM Zone 15N - EPSG: 26915 - Loc. Confidence: medium #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-14T00:00:00.000Z Reasoning: Inferred resource for Los Mangos vein shows very high AgEq grade and contained metal, significantly contributing to the overall resource growth. - Positive factor: Significant increase in Inferred resources for the project - Positive factor: Very high AgEq grade for an underground deposit - Negative factor: Inferred resource category has lower confidence Evidence · table > 547.4 Context: 78 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/outcrop-silver-announces-updated-mineral-resource-estimate-for-the-santa-ana-pri--162fff52-d804-4e77-898a-46b967a98fcb#fact-resource-facts-54) Santa Ana · silver #### Identity - Project: Santa Ana - Commodity: silver - Region: colombia - Reported Region: Colombia - Ticker: OCG #### Resource scope - Estimate type: resource - Effective date: 2026-09-10T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Warren Black - Resource group id: resource:bbbf5e13a62a6c6e87b4 - Deposit or zone: Los Naranjos - Mining method: underground - Ownership percent: 100 % #### Resource Data - Category: indicated - Tonnes: 177000 - Grade: 345.2 - Grade Unit: g/t - Contained Metal: 2 - Contained Unit: moz - Cutoff Grade: 95 - Cutoff Unit: g/t AgEq #### Prior Estimate - Resource Date: 2026-09-10 #### Metal Equivalent - Assumptions Disclosed: Yes #### Lab - Laboratory: Actlabs #### Location - CRS: North American Datum 1983 / UTM Zone 15N - EPSG: 26915 - Loc. Confidence: medium #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-14T00:00:00.000Z Reasoning: Indicated resource for Los Naranjos vein shows good silver grade and contained metal, contributing positively to the overall MRE. - Positive factor: Indicated resource category provides high confidence - Positive factor: High silver grade for an underground deposit Evidence · table > 345.2 Context: 177 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/outcrop-silver-announces-updated-mineral-resource-estimate-for-the-santa-ana-pri--162fff52-d804-4e77-898a-46b967a98fcb#fact-resource-facts-55) Santa Ana · gold #### Identity - Project: Santa Ana - Commodity: gold - Region: colombia - Reported Region: Colombia - Ticker: OCG #### Resource scope - Estimate type: resource - Effective date: 2026-09-10T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Warren Black - Resource group id: resource:bbbf5e13a62a6c6e87b4 - Deposit or zone: Los Naranjos - Mining method: underground - Ownership percent: 100 % #### Resource Data - Category: indicated - Tonnes: 177000 - Grade: 1.07 - Grade Unit: g/t - Contained Metal: 0.006 - Contained Unit: moz - Cutoff Grade: 95 - Cutoff Unit: g/t AgEq #### Prior Estimate - Resource Date: 2026-09-10 #### Metal Equivalent - Assumptions Disclosed: Yes #### Lab - Laboratory: Actlabs #### Location - CRS: North American Datum 1983 / UTM Zone 15N - EPSG: 26915 - Loc. Confidence: medium #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-14T00:00:00.000Z Reasoning: Indicated resource for Los Naranjos vein includes gold as a secondary commodity, contributing to the overall AgEq. - Positive factor: Indicated resource category provides high confidence Evidence · table > 1.07 Context: 177 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/outcrop-silver-announces-updated-mineral-resource-estimate-for-the-santa-ana-pri--162fff52-d804-4e77-898a-46b967a98fcb#fact-resource-facts-56) Santa Ana · silver #### Identity - Project: Santa Ana - Commodity: silver - Region: colombia - Reported Region: Colombia - Ticker: OCG #### Resource scope - Estimate type: resource - Effective date: 2026-09-10T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Warren Black - Resource group id: resource:bbbf5e13a62a6c6e87b4 - Deposit or zone: Los Naranjos - Mining method: underground - Ownership percent: 100 % #### Resource Data - Category: indicated - Tonnes: 177000 - Contained Metal: 2.4 - Contained Unit: moz ageq - Cutoff Grade: 95 - Cutoff Unit: g/t AgEq #### Prior Estimate - Resource Date: 2026-09-10 #### Metal Equivalent - Metal Eq. Grade: 429.5 - Metal Eq. Unit: g/t AgEq - Assumptions Disclosed: Yes #### Lab - Laboratory: Actlabs #### Location - CRS: North American Datum 1983 / UTM Zone 15N - EPSG: 26915 - Loc. Confidence: medium #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-14T00:00:00.000Z Reasoning: Indicated resource for Los Naranjos vein shows high AgEq grade and contained metal, contributing positively to the overall MRE. - Positive factor: Indicated resource category provides high confidence - Positive factor: High AgEq grade for an underground deposit Evidence · table > 429.5 Context: 177 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/outcrop-silver-announces-updated-mineral-resource-estimate-for-the-santa-ana-pri--162fff52-d804-4e77-898a-46b967a98fcb#fact-resource-facts-57) Santa Ana · silver #### Identity - Project: Santa Ana - Commodity: silver - Region: colombia - Reported Region: Colombia - Ticker: OCG #### Resource scope - Estimate type: resource - Effective date: 2026-09-10T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Warren Black - Resource group id: resource:7cc97c8a1f411721afa7 - Deposit or zone: Los Naranjos - Mining method: underground - Ownership percent: 100 % #### Resource Data - Category: inferred - Tonnes: 90000 - Grade: 215.4 - Grade Unit: g/t - Contained Metal: 0.6 - Contained Unit: moz - Cutoff Grade: 95 - Cutoff Unit: g/t AgEq #### Prior Estimate - Resource Date: 2026-09-10 #### Metal Equivalent - Assumptions Disclosed: Yes #### Lab - Laboratory: Actlabs #### Location - CRS: North American Datum 1983 / UTM Zone 15N - EPSG: 26915 - Loc. Confidence: medium #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-14T00:00:00.000Z Reasoning: Inferred resource for Los Naranjos vein shows good silver grade and contained metal, contributing to the overall resource growth. - Positive factor: Significant increase in Inferred resources for the project - Negative factor: Inferred resource category has lower confidence Evidence · table > 215.4 Context: 90 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/outcrop-silver-announces-updated-mineral-resource-estimate-for-the-santa-ana-pri--162fff52-d804-4e77-898a-46b967a98fcb#fact-resource-facts-58) Santa Ana · gold #### Identity - Project: Santa Ana - Commodity: gold - Region: colombia - Reported Region: Colombia - Ticker: OCG #### Resource scope - Estimate type: resource - Effective date: 2026-09-10T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Warren Black - Resource group id: resource:7cc97c8a1f411721afa7 - Deposit or zone: Los Naranjos - Mining method: underground - Ownership percent: 100 % #### Resource Data - Category: inferred - Tonnes: 90000 - Grade: 0.62 - Grade Unit: g/t - Contained Metal: 0.002 - Contained Unit: moz - Cutoff Grade: 95 - Cutoff Unit: g/t AgEq #### Prior Estimate - Resource Date: 2026-09-10 #### Metal Equivalent - Assumptions Disclosed: Yes #### Lab - Laboratory: Actlabs #### Location - CRS: North American Datum 1983 / UTM Zone 15N - EPSG: 26915 - Loc. Confidence: medium #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-14T00:00:00.000Z Reasoning: Inferred resource for Los Naranjos vein includes gold as a secondary commodity, contributing to the overall AgEq. - Positive factor: Significant increase in Inferred resources for the project - Negative factor: Inferred resource category has lower confidence Evidence · table > 0.62 Context: 90 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/outcrop-silver-announces-updated-mineral-resource-estimate-for-the-santa-ana-pri--162fff52-d804-4e77-898a-46b967a98fcb#fact-resource-facts-59) Santa Ana · silver #### Identity - Project: Santa Ana - Commodity: silver - Region: colombia - Reported Region: Colombia - Ticker: OCG #### Resource scope - Estimate type: resource - Effective date: 2026-09-10T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Warren Black - Resource group id: resource:7cc97c8a1f411721afa7 - Deposit or zone: Los Naranjos - Mining method: underground - Ownership percent: 100 % #### Resource Data - Category: inferred - Tonnes: 90000 - Contained Metal: 0.8 - Contained Unit: moz ageq - Cutoff Grade: 95 - Cutoff Unit: g/t AgEq #### Prior Estimate - Resource Date: 2026-09-10 #### Metal Equivalent - Metal Eq. Grade: 264 - Metal Eq. Unit: g/t AgEq - Assumptions Disclosed: Yes #### Lab - Laboratory: Actlabs #### Location - CRS: North American Datum 1983 / UTM Zone 15N - EPSG: 26915 - Loc. Confidence: medium #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-14T00:00:00.000Z Reasoning: Inferred resource for Los Naranjos vein shows good AgEq grade and contained metal, contributing to the overall resource growth. - Positive factor: Significant increase in Inferred resources for the project - Negative factor: Inferred resource category has lower confidence Evidence · table > 264.0 Context: 90 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/outcrop-silver-announces-updated-mineral-resource-estimate-for-the-santa-ana-pri--162fff52-d804-4e77-898a-46b967a98fcb#fact-resource-facts-60) Santa Ana · silver #### Identity - Project: Santa Ana - Commodity: silver - Region: colombia - Reported Region: Colombia - Ticker: OCG #### Resource scope - Estimate type: resource - Effective date: 2026-09-10T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Warren Black - Resource group id: resource:a20fee3c4fc5a05b3fb1 - Deposit or zone: Morena - Mining method: underground - Ownership percent: 100 % #### Resource Data - Category: indicated - Tonnes: 19000 - Grade: 268.6 - Grade Unit: g/t - Contained Metal: 0.2 - Contained Unit: moz - Cutoff Grade: 130 - Cutoff Unit: g/t AgEq #### Prior Estimate - Resource Date: 2026-09-10 #### Metal Equivalent - Assumptions Disclosed: Yes #### Lab - Laboratory: Actlabs #### Location - CRS: North American Datum 1983 / UTM Zone 15N - EPSG: 26915 - Loc. Confidence: medium #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-14T00:00:00.000Z Reasoning: Indicated resource for Morena vein shows good silver grade and contained metal, contributing positively to the overall MRE. - Positive factor: Indicated resource category provides high confidence - Negative factor: Small tonnage and contained metal Evidence · table > 268.6 Context: 19 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/outcrop-silver-announces-updated-mineral-resource-estimate-for-the-santa-ana-pri--162fff52-d804-4e77-898a-46b967a98fcb#fact-resource-facts-61) Santa Ana · gold #### Identity - Project: Santa Ana - Commodity: gold - Region: colombia - Reported Region: Colombia - Ticker: OCG #### Resource scope - Estimate type: resource - Effective date: 2026-09-10T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Warren Black - Resource group id: resource:a20fee3c4fc5a05b3fb1 - Deposit or zone: Morena - Mining method: underground - Ownership percent: 100 % #### Resource Data - Category: indicated - Tonnes: 19000 - Grade: 0.71 - Grade Unit: g/t - Contained Metal: 0 - Contained Unit: moz - Cutoff Grade: 130 - Cutoff Unit: g/t AgEq #### Prior Estimate - Resource Date: 2026-09-10 #### Metal Equivalent - Assumptions Disclosed: Yes #### Lab - Laboratory: Actlabs #### Location - CRS: North American Datum 1983 / UTM Zone 15N - EPSG: 26915 - Loc. Confidence: medium #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-14T00:00:00.000Z Reasoning: Indicated resource for Morena vein includes gold as a secondary commodity, contributing to the overall AgEq. - Positive factor: Indicated resource category provides high confidence - Negative factor: Small tonnage and contained metal Evidence · table > 0.71 Context: 19 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/outcrop-silver-announces-updated-mineral-resource-estimate-for-the-santa-ana-pri--162fff52-d804-4e77-898a-46b967a98fcb#fact-resource-facts-62) Santa Ana · silver #### Identity - Project: Santa Ana - Commodity: silver - Region: colombia - Reported Region: Colombia - Ticker: OCG #### Resource scope - Estimate type: resource - Effective date: 2026-09-10T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Warren Black - Resource group id: resource:a20fee3c4fc5a05b3fb1 - Deposit or zone: Morena - Mining method: underground - Ownership percent: 100 % #### Resource Data - Category: indicated - Tonnes: 19000 - Contained Metal: 0.2 - Contained Unit: moz ageq - Cutoff Grade: 130 - Cutoff Unit: g/t AgEq #### Prior Estimate - Resource Date: 2026-09-10 #### Metal Equivalent - Metal Eq. Grade: 325 - Metal Eq. Unit: g/t AgEq - Assumptions Disclosed: Yes #### Lab - Laboratory: Actlabs #### Location - CRS: North American Datum 1983 / UTM Zone 15N - EPSG: 26915 - Loc. Confidence: medium #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-14T00:00:00.000Z Reasoning: Indicated resource for Morena vein shows good AgEq grade and contained metal, contributing positively to the overall MRE. - Positive factor: Indicated resource category provides high confidence - Negative factor: Small tonnage and contained metal Evidence · table > 325.0 Context: 19 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/outcrop-silver-announces-updated-mineral-resource-estimate-for-the-santa-ana-pri--162fff52-d804-4e77-898a-46b967a98fcb#fact-resource-facts-63) Santa Ana · silver #### Identity - Project: Santa Ana - Commodity: silver - Region: colombia - Reported Region: Colombia - Ticker: OCG #### Resource scope - Estimate type: resource - Effective date: 2026-09-10T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Warren Black - Resource group id: resource:d53fa5a5293aae769ba5 - Deposit or zone: Morena - Mining method: underground - Ownership percent: 100 % #### Resource Data - Category: inferred - Tonnes: 136000 - Grade: 285.2 - Grade Unit: g/t - Contained Metal: 1.2 - Contained Unit: moz - Cutoff Grade: 130 - Cutoff Unit: g/t AgEq #### Prior Estimate - Resource Date: 2026-09-10 #### Metal Equivalent - Assumptions Disclosed: Yes #### Lab - Laboratory: Actlabs #### Location - CRS: North American Datum 1983 / UTM Zone 15N - EPSG: 26915 - Loc. Confidence: medium #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-14T00:00:00.000Z Reasoning: Inferred resource for Morena vein shows good silver grade and contained metal, contributing to the overall resource growth. - Positive factor: Significant increase in Inferred resources for the project - Negative factor: Inferred resource category has lower confidence Evidence · table > 285.2 Context: 136 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/outcrop-silver-announces-updated-mineral-resource-estimate-for-the-santa-ana-pri--162fff52-d804-4e77-898a-46b967a98fcb#fact-resource-facts-64) Santa Ana · gold #### Identity - Project: Santa Ana - Commodity: gold - Region: colombia - Reported Region: Colombia - Ticker: OCG #### Resource scope - Estimate type: resource - Effective date: 2026-09-10T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Warren Black - Resource group id: resource:382fda2c019e7b7ae6b5 - Mining method: underground - Ownership percent: 100 % #### Resource Data - Category: inferred - Tonnes: 136000 - Grade: 1.23 - Grade Unit: g/t - Contained Metal: 0.005 - Contained Unit: moz - Cutoff Grade: 130 - Cutoff Unit: g/t AgEq #### Prior Estimate - Resource Date: 2026-09-10 #### Metal Equivalent - Assumptions Disclosed: Yes #### Lab - Laboratory: Actlabs #### Location - CRS: North American Datum 1983 / UTM Zone 15N - EPSG: 26915 - Loc. Confidence: medium #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-14T00:00:00.000Z Reasoning: Inferred resource for Morena vein includes gold as a secondary commodity, contributing to the overall AgEq. - Positive factor: Significant increase in Inferred resources for the project - Negative factor: Inferred resource category has lower confidence Evidence · table > 1.23 Context: 136 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/outcrop-silver-announces-updated-mineral-resource-estimate-for-the-santa-ana-pri--162fff52-d804-4e77-898a-46b967a98fcb#fact-resource-facts-65) Santa Ana · silver #### Identity - Project: Santa Ana - Commodity: silver - Region: colombia - Reported Region: Colombia - Ticker: OCG #### Resource scope - Estimate type: resource - Effective date: 2026-09-10T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Warren Black - Resource group id: resource:d53fa5a5293aae769ba5 - Deposit or zone: Morena - Mining method: underground - Ownership percent: 100 % #### Resource Data - Category: inferred - Tonnes: 136000 - Contained Metal: 1.7 - Contained Unit: moz ageq - Cutoff Grade: 130 - Cutoff Unit: g/t AgEq #### Prior Estimate - Resource Date: 2026-09-10 #### Metal Equivalent - Metal Eq. Grade: 382.2 - Metal Eq. Unit: g/t AgEq - Assumptions Disclosed: Yes #### Lab - Laboratory: Actlabs #### Location - CRS: North American Datum 1983 / UTM Zone 15N - EPSG: 26915 - Loc. Confidence: medium #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-14T00:00:00.000Z Reasoning: Inferred resource for Morena vein shows good AgEq grade and contained metal, contributing to the overall resource growth. - Positive factor: Significant increase in Inferred resources for the project - Negative factor: Inferred resource category has lower confidence Evidence · table > 382.2 Context: 136 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/outcrop-silver-announces-updated-mineral-resource-estimate-for-the-santa-ana-pri--162fff52-d804-4e77-898a-46b967a98fcb#fact-resource-facts-66) Santa Ana · silver #### Identity - Project: Santa Ana - Commodity: silver - Region: colombia - Reported Region: Colombia - Ticker: OCG #### Resource scope - Estimate type: resource - Effective date: 2026-09-10T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Warren Black - Resource group id: resource:79ea1f41ac1fe863a279 - Deposit or zone: Paraíso - Mining method: underground - Ownership percent: 100 % #### Resource Data - Category: indicated - Tonnes: 155000 - Grade: 319.7 - Grade Unit: g/t - Contained Metal: 1.6 - Contained Unit: moz - Cutoff Grade: 130 - Cutoff Unit: g/t AgEq #### Prior Estimate - Resource Date: 2026-09-10 #### Metal Equivalent - Assumptions Disclosed: Yes #### Lab - Laboratory: Actlabs #### Location - CRS: North American Datum 1983 / UTM Zone 15N - EPSG: 26915 - Loc. Confidence: medium #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-14T00:00:00.000Z Reasoning: Indicated resource for Paraíso vein shows good silver grade and contained metal, contributing positively to the overall MRE. - Positive factor: Indicated resource category provides high confidence - Positive factor: High silver grade for an underground deposit Evidence · table > 319.7 Context: 155 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/outcrop-silver-announces-updated-mineral-resource-estimate-for-the-santa-ana-pri--162fff52-d804-4e77-898a-46b967a98fcb#fact-resource-facts-67) Santa Ana · gold #### Identity - Project: Santa Ana - Commodity: gold - Region: colombia - Reported Region: Colombia - Ticker: OCG #### Resource scope - Estimate type: resource - Effective date: 2026-09-10T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Warren Black - Resource group id: resource:79ea1f41ac1fe863a279 - Deposit or zone: Paraíso - Mining method: underground - Ownership percent: 100 % #### Resource Data - Category: indicated - Tonnes: 155000 - Grade: 3.98 - Grade Unit: g/t - Contained Metal: 0.02 - Contained Unit: moz - Cutoff Grade: 130 - Cutoff Unit: g/t AgEq #### Prior Estimate - Resource Date: 2026-09-10 #### Metal Equivalent - Assumptions Disclosed: Yes #### Lab - Laboratory: Actlabs #### Location - CRS: North American Datum 1983 / UTM Zone 15N - EPSG: 26915 - Loc. Confidence: medium #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-14T00:00:00.000Z Reasoning: Indicated resource for Paraíso vein shows exceptional gold grade, contributing significantly to the overall AgEq. - Positive factor: Indicated resource category provides high confidence - Positive factor: Exceptional gold grade for an underground deposit Evidence · table > 3.98 Context: 155 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/outcrop-silver-announces-updated-mineral-resource-estimate-for-the-santa-ana-pri--162fff52-d804-4e77-898a-46b967a98fcb#fact-resource-facts-68) Santa Ana · silver #### Identity - Project: Santa Ana - Commodity: silver - Region: colombia - Reported Region: Colombia - Ticker: OCG #### Resource scope - Estimate type: resource - Effective date: 2026-09-10T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Warren Black - Resource group id: resource:79ea1f41ac1fe863a279 - Deposit or zone: Paraíso - Mining method: underground - Ownership percent: 100 % #### Resource Data - Category: indicated - Tonnes: 155000 - Contained Metal: 3.2 - Contained Unit: moz ageq - Cutoff Grade: 130 - Cutoff Unit: g/t AgEq #### Prior Estimate - Resource Date: 2026-09-10 #### Metal Equivalent - Metal Eq. Grade: 634.4 - Metal Eq. Unit: g/t AgEq - Assumptions Disclosed: Yes #### Lab - Laboratory: Actlabs #### Location - CRS: North American Datum 1983 / UTM Zone 15N - EPSG: 26915 - Loc. Confidence: medium #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-14T00:00:00.000Z Reasoning: Indicated resource for Paraíso vein shows very high AgEq grade and contained metal, significantly contributing to the overall MRE. - Positive factor: Indicated resource category provides high confidence - Positive factor: Very high AgEq grade for an underground deposit Evidence · table > 634.4 Context: 155 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/outcrop-silver-announces-updated-mineral-resource-estimate-for-the-santa-ana-pri--162fff52-d804-4e77-898a-46b967a98fcb#fact-resource-facts-69) Santa Ana · silver #### Identity - Project: Santa Ana - Commodity: silver - Region: colombia - Reported Region: Colombia - Ticker: OCG #### Resource scope - Estimate type: resource - Effective date: 2026-09-10T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Warren Black - Resource group id: resource:4af6539d6e79e15a8250 - Deposit or zone: Paraíso - Mining method: underground - Ownership percent: 100 % #### Resource Data - Category: inferred - Tonnes: 201000 - Grade: 183.5 - Grade Unit: g/t - Contained Metal: 1.2 - Contained Unit: moz - Cutoff Grade: 130 - Cutoff Unit: g/t AgEq #### Prior Estimate - Resource Date: 2026-09-10 #### Metal Equivalent - Assumptions Disclosed: Yes #### Lab - Laboratory: Actlabs #### Location - CRS: North American Datum 1983 / UTM Zone 15N - EPSG: 26915 - Loc. Confidence: medium #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-14T00:00:00.000Z Reasoning: Inferred resource for Paraíso vein shows good silver grade and contained metal, contributing to the overall resource growth. - Positive factor: Significant increase in Inferred resources for the project - Negative factor: Inferred resource category has lower confidence Evidence · table > 183.5 Context: 201 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/outcrop-silver-announces-updated-mineral-resource-estimate-for-the-santa-ana-pri--162fff52-d804-4e77-898a-46b967a98fcb#fact-resource-facts-70) Santa Ana · gold #### Identity - Project: Santa Ana - Commodity: gold - Region: colombia - Reported Region: Colombia - Ticker: OCG #### Resource scope - Estimate type: resource - Effective date: 2026-09-10T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Warren Black - Resource group id: resource:4af6539d6e79e15a8250 - Deposit or zone: Paraíso - Mining method: underground - Ownership percent: 100 % #### Resource Data - Category: inferred - Tonnes: 201000 - Grade: 1.9 - Grade Unit: g/t - Contained Metal: 0.012 - Contained Unit: moz - Cutoff Grade: 130 - Cutoff Unit: g/t AgEq #### Prior Estimate - Resource Date: 2026-09-10 #### Metal Equivalent - Assumptions Disclosed: Yes #### Lab - Laboratory: Actlabs #### Location - CRS: North American Datum 1983 / UTM Zone 15N - EPSG: 26915 - Loc. Confidence: medium #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-14T00:00:00.000Z Reasoning: Inferred resource for Paraíso vein includes gold as a secondary commodity, contributing to the overall AgEq. - Positive factor: Significant increase in Inferred resources for the project - Negative factor: Inferred resource category has lower confidence Evidence · table > 1.90 Context: 201 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/outcrop-silver-announces-updated-mineral-resource-estimate-for-the-santa-ana-pri--162fff52-d804-4e77-898a-46b967a98fcb#fact-resource-facts-71) Santa Ana · silver #### Identity - Project: Santa Ana - Commodity: silver - Region: colombia - Reported Region: Colombia - Ticker: OCG #### Resource scope - Estimate type: resource - Effective date: 2026-09-10T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Warren Black - Resource group id: resource:4af6539d6e79e15a8250 - Deposit or zone: Paraíso - Mining method: underground - Ownership percent: 100 % #### Resource Data - Category: inferred - Tonnes: 201000 - Contained Metal: 2.2 - Contained Unit: moz ageq - Cutoff Grade: 130 - Cutoff Unit: g/t AgEq #### Prior Estimate - Resource Date: 2026-09-10 #### Metal Equivalent - Metal Eq. Grade: 333.4 - Metal Eq. Unit: g/t AgEq - Assumptions Disclosed: Yes #### Lab - Laboratory: Actlabs #### Location - CRS: North American Datum 1983 / UTM Zone 15N - EPSG: 26915 - Loc. Confidence: medium #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-14T00:00:00.000Z Reasoning: Inferred resource for Paraíso vein shows good AgEq grade and contained metal, contributing to the overall resource growth. - Positive factor: Significant increase in Inferred resources for the project - Negative factor: Inferred resource category has lower confidence Evidence · table > 333.4 Context: 201 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/outcrop-silver-announces-updated-mineral-resource-estimate-for-the-santa-ana-pri--162fff52-d804-4e77-898a-46b967a98fcb#fact-resource-facts-72) Santa Ana · silver #### Identity - Project: Santa Ana - Commodity: silver - Region: colombia - Reported Region: Colombia - Ticker: OCG #### Resource scope - Estimate type: resource - Effective date: 2026-09-10T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Warren Black - Resource group id: resource:0bb4ae232177842798e8 - Deposit or zone: Santa Ana - Mining method: underground - Ownership percent: 100 % #### Resource Data - Category: indicated - Tonnes: 176000 - Grade: 357.9 - Grade Unit: g/t - Contained Metal: 2 - Contained Unit: moz - Cutoff Grade: 95 - Cutoff Unit: g/t AgEq #### Prior Estimate - Resource Date: 2026-09-10 #### Metal Equivalent - Assumptions Disclosed: Yes #### Lab - Laboratory: Actlabs #### Location - CRS: North American Datum 1983 / UTM Zone 15N - EPSG: 26915 - Loc. Confidence: medium #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-14T00:00:00.000Z Reasoning: Indicated resource for Santa Ana vein shows good silver grade and contained metal, contributing positively to the overall MRE. - Positive factor: Indicated resource category provides high confidence - Positive factor: High silver grade for an underground deposit Evidence · table > 357.9 Context: 176 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/outcrop-silver-announces-updated-mineral-resource-estimate-for-the-santa-ana-pri--162fff52-d804-4e77-898a-46b967a98fcb#fact-resource-facts-73) Santa Ana · gold #### Identity - Project: Santa Ana - Commodity: gold - Region: colombia - Reported Region: Colombia - Ticker: OCG #### Resource scope - Estimate type: resource - Effective date: 2026-09-10T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Warren Black - Resource group id: resource:0bb4ae232177842798e8 - Deposit or zone: Santa Ana - Mining method: underground - Ownership percent: 100 % #### Resource Data - Category: indicated - Tonnes: 176000 - Grade: 1.12 - Grade Unit: g/t - Contained Metal: 0.006 - Contained Unit: moz - Cutoff Grade: 95 - Cutoff Unit: g/t AgEq #### Prior Estimate - Resource Date: 2026-09-10 #### Metal Equivalent - Assumptions Disclosed: Yes #### Lab - Laboratory: Actlabs #### Location - CRS: North American Datum 1983 / UTM Zone 15N - EPSG: 26915 - Loc. Confidence: medium #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-14T00:00:00.000Z Reasoning: Indicated resource for Santa Ana vein includes gold as a secondary commodity, contributing to the overall AgEq. - Positive factor: Indicated resource category provides high confidence Evidence · table > 1.12 Context: 176 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/outcrop-silver-announces-updated-mineral-resource-estimate-for-the-santa-ana-pri--162fff52-d804-4e77-898a-46b967a98fcb#fact-resource-facts-74) Santa Ana · silver #### Identity - Project: Santa Ana - Commodity: silver - Region: colombia - Reported Region: Colombia - Ticker: OCG #### Resource scope - Estimate type: resource - Effective date: 2026-09-10T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Warren Black - Resource group id: resource:0bb4ae232177842798e8 - Deposit or zone: Santa Ana - Mining method: underground - Ownership percent: 100 % #### Resource Data - Category: indicated - Tonnes: 176000 - Contained Metal: 2.5 - Contained Unit: moz ageq - Cutoff Grade: 95 - Cutoff Unit: g/t AgEq #### Prior Estimate - Resource Date: 2026-09-10 #### Metal Equivalent - Metal Eq. Grade: 446.4 - Metal Eq. Unit: g/t AgEq - Assumptions Disclosed: Yes #### Lab - Laboratory: Actlabs #### Location - CRS: North American Datum 1983 / UTM Zone 15N - EPSG: 26915 - Loc. Confidence: medium #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-14T00:00:00.000Z Reasoning: Indicated resource for Santa Ana vein shows high AgEq grade and contained metal, contributing positively to the overall MRE. - Positive factor: Indicated resource category provides high confidence - Positive factor: High AgEq grade for an underground deposit Evidence · table > 446.4 Context: 176 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/outcrop-silver-announces-updated-mineral-resource-estimate-for-the-santa-ana-pri--162fff52-d804-4e77-898a-46b967a98fcb#fact-resource-facts-75) Santa Ana · silver #### Identity - Project: Santa Ana - Commodity: silver - Region: colombia - Reported Region: Colombia - Ticker: OCG #### Resource scope - Estimate type: resource - Effective date: 2026-09-10T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Warren Black - Resource group id: resource:b3f2b519def0f1d244a4 - Deposit or zone: Santa Ana - Mining method: underground - Ownership percent: 100 % #### Resource Data - Category: inferred - Tonnes: 426000 - Grade: 263.2 - Grade Unit: g/t - Contained Metal: 3.6 - Contained Unit: moz - Cutoff Grade: 95 - Cutoff Unit: g/t AgEq #### Prior Estimate - Resource Date: 2026-09-10 #### Metal Equivalent - Assumptions Disclosed: Yes #### Lab - Laboratory: Actlabs #### Location - CRS: North American Datum 1983 / UTM Zone 15N - EPSG: 26915 - Loc. Confidence: medium #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-14T00:00:00.000Z Reasoning: Inferred resource for Santa Ana vein shows good silver grade and contained metal, contributing to the overall resource growth. - Positive factor: Significant increase in Inferred resources for the project - Negative factor: Inferred resource category has lower confidence Evidence · table > 263.2 Context: 426 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/outcrop-silver-announces-updated-mineral-resource-estimate-for-the-santa-ana-pri--162fff52-d804-4e77-898a-46b967a98fcb#fact-resource-facts-76) Santa Ana · gold #### Identity - Project: Santa Ana - Commodity: gold - Region: colombia - Reported Region: Colombia - Ticker: OCG #### Resource scope - Estimate type: resource - Effective date: 2026-09-10T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Warren Black - Resource group id: resource:b3f2b519def0f1d244a4 - Deposit or zone: Santa Ana - Mining method: underground - Ownership percent: 100 % #### Resource Data - Category: inferred - Tonnes: 426000 - Grade: 0.72 - Grade Unit: g/t - Contained Metal: 0.01 - Contained Unit: moz - Cutoff Grade: 95 - Cutoff Unit: g/t AgEq #### Prior Estimate - Resource Date: 2026-09-10 #### Metal Equivalent - Assumptions Disclosed: Yes #### Lab - Laboratory: Actlabs #### Location - CRS: North American Datum 1983 / UTM Zone 15N - EPSG: 26915 - Loc. Confidence: medium #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-14T00:00:00.000Z Reasoning: Inferred resource for Santa Ana vein includes gold as a secondary commodity, contributing to the overall AgEq. - Positive factor: Significant increase in Inferred resources for the project - Negative factor: Inferred resource category has lower confidence Evidence · table > 0.72 Context: 426 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/outcrop-silver-announces-updated-mineral-resource-estimate-for-the-santa-ana-pri--162fff52-d804-4e77-898a-46b967a98fcb#fact-resource-facts-77) Santa Ana · silver #### Identity - Project: Santa Ana - Commodity: silver - Region: colombia - Reported Region: Colombia - Ticker: OCG #### Resource scope - Estimate type: resource - Effective date: 2026-09-10T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Warren Black - Resource group id: resource:b3f2b519def0f1d244a4 - Deposit or zone: Santa Ana - Mining method: underground - Ownership percent: 100 % #### Resource Data - Category: inferred - Tonnes: 426000 - Contained Metal: 4.4 - Contained Unit: moz ageq - Cutoff Grade: 95 - Cutoff Unit: g/t AgEq #### Prior Estimate - Resource Date: 2026-09-10 #### Metal Equivalent - Metal Eq. Grade: 319.9 - Metal Eq. Unit: g/t AgEq - Assumptions Disclosed: Yes #### Lab - Laboratory: Actlabs #### Location - CRS: North American Datum 1983 / UTM Zone 15N - EPSG: 26915 - Loc. Confidence: medium #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-14T00:00:00.000Z Reasoning: Inferred resource for Santa Ana vein shows good AgEq grade and contained metal, contributing to the overall resource growth. - Positive factor: Significant increase in Inferred resources for the project - Negative factor: Inferred resource category has lower confidence Evidence · table > 319.9 Context: 426 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/outcrop-silver-announces-updated-mineral-resource-estimate-for-the-santa-ana-pri--162fff52-d804-4e77-898a-46b967a98fcb#fact-resource-facts-78) Santa Ana · silver #### Identity - Project: Santa Ana - Commodity: silver - Region: colombia - Reported Region: Colombia - Ticker: OCG #### Resource scope - Estimate type: resource - Effective date: 2026-09-10T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Warren Black - Resource group id: resource:d2758bcd789cdef4a7b0 - Deposit or zone: Total - Mining method: underground - Ownership percent: 100 % #### Resource Data - Category: indicated - Tonnes: 1793000 - Grade: 376.4 - Grade Unit: g/t - Contained Metal: 21.7 - Contained Unit: moz #### Prior Estimate - Resource Date: 2026-09-10 #### Metal Equivalent - Assumptions Disclosed: Yes #### Lab - Laboratory: Actlabs #### Location - CRS: North American Datum 1983 / UTM Zone 15N - EPSG: 26915 - Loc. Confidence: medium #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-14T00:00:00.000Z Reasoning: Total Indicated resource shows significant silver contained metal and good grade, representing a substantial portion of the overall MRE. - Positive factor: Indicated resource category provides high confidence - Positive factor: High silver grade for an underground deposit Evidence · table > 376.4 Context: 1,793 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/outcrop-silver-announces-updated-mineral-resource-estimate-for-the-santa-ana-pri--162fff52-d804-4e77-898a-46b967a98fcb#fact-resource-facts-79) Santa Ana · gold #### Identity - Project: Santa Ana - Commodity: gold - Region: colombia - Reported Region: Colombia - Ticker: OCG #### Resource scope - Estimate type: resource - Effective date: 2026-09-10T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Warren Black - Resource group id: resource:d2758bcd789cdef4a7b0 - Deposit or zone: Total - Mining method: underground - Ownership percent: 100 % #### Resource Data - Category: indicated - Tonnes: 1793000 - Grade: 1.8 - Grade Unit: g/t - Contained Metal: 0.104 - Contained Unit: moz #### Prior Estimate - Resource Date: 2026-09-10 #### Metal Equivalent - Assumptions Disclosed: Yes #### Lab - Laboratory: Actlabs #### Location - CRS: North American Datum 1983 / UTM Zone 15N - EPSG: 26915 - Loc. Confidence: medium #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-14T00:00:00.000Z Reasoning: Total Indicated resource includes gold as a secondary commodity, contributing to the overall AgEq. - Positive factor: Indicated resource category provides high confidence Evidence · table > 1.80 Context: 1,793 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/outcrop-silver-announces-updated-mineral-resource-estimate-for-the-santa-ana-pri--162fff52-d804-4e77-898a-46b967a98fcb#fact-resource-facts-80) Santa Ana · silver #### Identity - Project: Santa Ana - Commodity: silver - Region: colombia - Reported Region: Colombia - Ticker: OCG #### Resource scope - Estimate type: resource - Effective date: 2026-09-10T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Warren Black - Resource group id: resource:d2758bcd789cdef4a7b0 - Deposit or zone: Total - Mining method: underground - Ownership percent: 100 % #### Resource Data - Category: indicated - Tonnes: 1793000 - Contained Metal: 29.9 - Contained Unit: moz ageq #### Prior Estimate - Resource Date: 2026-09-10 #### Metal Equivalent - Metal Eq. Grade: 518.7 - Metal Eq. Unit: g/t AgEq - Assumptions Disclosed: Yes #### Lab - Laboratory: Actlabs #### Location - CRS: North American Datum 1983 / UTM Zone 15N - EPSG: 26915 - Loc. Confidence: medium #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-14T00:00:00.000Z Reasoning: Total Indicated resource shows significant AgEq contained metal and high grade, representing a substantial portion of the overall MRE. - Positive factor: Indicated resource category provides high confidence - Positive factor: High AgEq grade for an underground deposit - Positive factor: Contained metal growth vs prior estimate Evidence · table > 518.7 Context: 1,793 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/outcrop-silver-announces-updated-mineral-resource-estimate-for-the-santa-ana-pri--162fff52-d804-4e77-898a-46b967a98fcb#fact-resource-facts-81) Santa Ana · silver #### Identity - Project: Santa Ana - Commodity: silver - Region: colombia - Reported Region: Colombia - Ticker: OCG #### Resource scope - Estimate type: resource - Effective date: 2026-09-10T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Warren Black - Resource group id: resource:c01e0eb73de971f03a23 - Deposit or zone: Total - Mining method: underground - Ownership percent: 100 % #### Resource Data - Category: inferred - Tonnes: 2352000 - Grade: 266.4 - Grade Unit: g/t - Contained Metal: 20.1 - Contained Unit: moz #### Prior Estimate - Resource Date: 2026-09-10 #### Metal Equivalent - Assumptions Disclosed: Yes #### Lab - Laboratory: Actlabs #### Location - CRS: North American Datum 1983 / UTM Zone 15N - EPSG: 26915 - Loc. Confidence: medium #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-14T00:00:00.000Z Reasoning: Total Inferred resource shows significant silver contained metal and good grade, representing a substantial portion of the overall MRE. - Positive factor: Significant increase in Inferred resources for the project - Positive factor: High silver grade for an underground deposit - Negative factor: Inferred resource category has lower confidence Evidence · table > 266.4 Context: 2,352 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/outcrop-silver-announces-updated-mineral-resource-estimate-for-the-santa-ana-pri--162fff52-d804-4e77-898a-46b967a98fcb#fact-resource-facts-82) Santa Ana · gold #### Identity - Project: Santa Ana - Commodity: gold - Region: colombia - Reported Region: Colombia - Ticker: OCG #### Resource scope - Estimate type: resource - Effective date: 2026-09-10T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Warren Black - Resource group id: resource:c01e0eb73de971f03a23 - Deposit or zone: Total - Mining method: underground - Ownership percent: 100 % #### Resource Data - Category: inferred - Tonnes: 2352000 - Grade: 1.29 - Grade Unit: g/t - Contained Metal: 0.098 - Contained Unit: moz #### Prior Estimate - Resource Date: 2026-09-10 #### Metal Equivalent - Assumptions Disclosed: Yes #### Lab - Laboratory: Actlabs #### Location - CRS: North American Datum 1983 / UTM Zone 15N - EPSG: 26915 - Loc. Confidence: medium #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-14T00:00:00.000Z Reasoning: Total Inferred resource includes gold as a secondary commodity, contributing to the overall AgEq. - Positive factor: Significant increase in Inferred resources for the project - Negative factor: Inferred resource category has lower confidence Evidence · table > 1.29 Context: 2,352 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/outcrop-silver-announces-updated-mineral-resource-estimate-for-the-santa-ana-pri--162fff52-d804-4e77-898a-46b967a98fcb#fact-resource-facts-83) Santa Ana · silver #### Identity - Project: Santa Ana - Commodity: silver - Region: colombia - Reported Region: Colombia - Ticker: OCG #### Resource scope - Estimate type: resource - Effective date: 2026-09-10T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Warren Black - Resource group id: resource:c01e0eb73de971f03a23 - Deposit or zone: Total - Mining method: underground - Ownership percent: 100 % #### Resource Data - Category: inferred - Tonnes: 2352000 - Contained Metal: 27.9 - Contained Unit: moz ageq #### Prior Estimate - Resource Date: 2026-09-10 #### Metal Equivalent - Metal Eq. Grade: 368.5 - Metal Eq. Unit: g/t AgEq - Assumptions Disclosed: Yes #### Lab - Laboratory: Actlabs #### Location - CRS: North American Datum 1983 / UTM Zone 15N - EPSG: 26915 - Loc. Confidence: medium #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-14T00:00:00.000Z Reasoning: Total Inferred resource shows significant AgEq contained metal and good grade, representing a substantial portion of the overall MRE. - Positive factor: Significant increase in Inferred resources for the project - Positive factor: High AgEq grade for an underground deposit - Positive factor: Contained metal growth vs prior estimate - Negative factor: Inferred resource category has lower confidence Evidence · table > 368.5 Context: 2,352 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports ## How Atlas produces this analysis Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.