# 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--8056b749-3d7b-4d3e-b04f-e768f86a8678 Original source: https://www.newswire.ca/news-releases/outcrop-silver-announces-updated-mineral-resource-estimate-for-the-santa-ana-primary-silver-project-860399161.html Publisher: cnw Original announcement: 2026-09-14T11:32:03.535Z Analysis by Minestarters Atlas Atlas analysis published: Unknown date Atlas analysis updated: Unknown date - Company: Outcrop Silver & Gold Corporation - Ticker: OCG - Exchange: Unavailable - Region: Unavailable - Primary commodity: Silver - Secondary commodities: Gold - Document categories: Resource update - Extracted: 2026-09-14 11:39:47 UTC Narrative sentiment: 0.70 · Bullish ## Minestarters Atlas summary Outcrop Silver announced an updated Mineral Resource Estimate for its Santa Ana project, reporting 29.9 Moz AgEq Indicated resources at 518.7 g/t AgEq and 27.9 Moz AgEq Inferred resources at 368.5 g/t AgEq. Indicated resources increased by 23.5% and Inferred resources by 106.3% compared to the maiden estimate, despite more rigorous classification standards. The estimate confirms the project's high-grade nature and significant growth potential, with several new vein systems contributing to the resource base. Reasoning: The updated MRE shows substantial growth in Inferred resources and a solid increase in Indicated resources, confirming the high-grade nature and expansion potential of the Santa Ana project. The rigorous classification standards enhance confidence in the reported figures. - Positive factor: Significant increase in Inferred resources \(106.3% AgEq\) indicating strong growth potential. - Positive factor: High average grades for both Indicated \(518.7 g/t AgEq\) and Inferred \(368.5 g/t AgEq\) resources. - Positive factor: Indicated resources increased by 23.5% AgEq despite more rigorous classification standards. - Positive factor: Maiden resource for several new vein systems \(Guadual, Aguilar\) adding substantial resources. - Positive factor: NI 43-101 compliant estimate prepared by APEX Geoscience Ltd. with QP sign-off. - Positive factor: Clear disclosure of metal equivalent assumptions, cut-off grades, and mining methods. - Negative factor: No absolute prior figures for tonnage or grade were provided for direct comparison, only percentage changes. Low confidence — this extraction should be reviewed alongside the original source. Facts used in scoring: 56 ## Classification and evidence **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: The resource estimate was prepared in accordance with National Instrument 43-101 – Standards of Disclosure for Mineral Projects. Evidence · text > in accordance with National Instrument 43-101 – Standards of Disclosure for Mineral Projects \(" NI 43-101 "\). **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: Warren Black, M.Sc., P.Geo., Senior Consultant of APEX Geoscience Ltd., is deemed a Qualified Person and is responsible for the mineral resource estimation. Evidence · text > Warren Black, M.Sc., P.Geo., Senior Consultant: Mineral Resources and Geostatistics of APEX Geoscience Ltd., who is deemed a Qualified Person as defined by NI 43-101, is responsible for the completion of the mineral resource estimation **Contained Metal Growth** Polarity: positive Definition: True scale improvement — contained metal ounces/tonnes increased vs prior, accounting for both tonnage and grade changes. Why it applies: Contained AgEq ounces in Indicated resources increased 23.5% and Inferred resources increased 106.3% compared to the maiden MRE. Evidence · text > Contained AgEq ounces in Indicated resources in the Updated MRE increased 23.5% compared to the maiden mineral resource estimate... Inferred resources increased 106.3% to 27.9 Moz AgEq. **Maiden Resource** Polarity: neutral Definition: First formal MRE for the project — establishes baseline but typically exploration-stage with high Inferred component. No prior estimate exists, so every change band is not applicable. Why it applies: New vein systems like Guadual and Aguilar have added substantial resources to the Updated MRE, indicating they are new to the resource estimate. Evidence · text > New vein systems like Guadual and Aguilar have added substantial resources to the Updated MRE **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: The document announces an 'updated mineral resource estimate' for the Santa Ana project. Evidence · text > OUTCROP SILVER ANNOUNCES UPDATED MINERAL RESOURCE ESTIMATE FOR THE SANTA ANA PRIMARY SILVER PROJECT **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: The Updated MRE uses a cut-off grade of 95 g/t AgEq for Santa Ana and Los Naranjos veins and 130 g/t AgEq for all other veins. Evidence · text > uses a cut-off grade of 95 g/t AgEq for the Santa Ana and Los Naranjos veins and 130 g/t AgEq at all other veins. **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: The updated MRE includes 27.9 Moz AgEq in the Inferred category. Evidence · text > Inferred resources with 27.9 Moz AgEq **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: The updated MRE includes 29.9 Moz AgEq in the Indicated category. Evidence · text > Indicated resources with 29.9 million ounces \(" Moz "\) silver-equivalent ## Extracted facts Stored fact records: 56. Some facts used in scoring do not have a stored record. ## Resource Estimates (56) ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/outcrop-silver-announces-updated-mineral-resource-estimate-for-the-santa-ana-pri--8056b749-3d7b-4d3e-b04f-e768f86a8678#fact-resource-facts-0) Santa Ana · silver #### Identity - Project: Santa Ana - Commodity: silver - 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:ad13bd7408b2702919c6 - 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 - 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 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-14T00:00:00.000Z Reasoning: Aguilar contributes a substantial Indicated silver resource with good grades, representing a new vein system in the updated MRE. - Positive factor: High silver grade \(221.1 g/t\) in Indicated category. - Positive factor: Significant contained silver \(2.7 Moz\). - Positive factor: Part of a new vein system adding to the resource base. 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--8056b749-3d7b-4d3e-b04f-e768f86a8678#fact-resource-facts-1) Santa Ana · gold #### Identity - Project: Santa Ana - Commodity: gold - 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:ad13bd7408b2702919c6 - 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 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-14T00:00:00.000Z Reasoning: Aguilar contributes a moderate Indicated gold resource, supporting the polymetallic nature of the deposit. - Positive factor: Gold grade of 1.61 g/t contributes to the overall AgEq value. - Positive factor: Part of a new vein system adding to the resource base. 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 ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/outcrop-silver-announces-updated-mineral-resource-estimate-for-the-santa-ana-pri--8056b749-3d7b-4d3e-b04f-e768f86a8678#fact-resource-facts-2) Santa Ana · silver #### Identity - Project: Santa Ana - Commodity: silver - 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:e0812d1d03bba28b4a4e - 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 - 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 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-14T00:00:00.000Z Reasoning: Aguilar's Inferred silver resource adds significant growth potential to the project with good grades. - Positive factor: Substantial Inferred silver resource \(3.3 Moz\) with good grade \(175.5 g/t\). - Positive factor: Indicates significant potential for resource expansion and conversion. 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--8056b749-3d7b-4d3e-b04f-e768f86a8678#fact-resource-facts-3) Santa Ana · gold #### Identity - Project: Santa Ana - Commodity: gold - 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:e0812d1d03bba28b4a4e - 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 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-14T00:00:00.000Z Reasoning: Aguilar's Inferred gold resource provides additional value and supports the polymetallic nature of the deposit. - Positive factor: Gold grade of 1.26 g/t contributes to the overall AgEq value in the Inferred category. 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 ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/outcrop-silver-announces-updated-mineral-resource-estimate-for-the-santa-ana-pri--8056b749-3d7b-4d3e-b04f-e768f86a8678#fact-resource-facts-4) Santa Ana · silver #### Identity - Project: Santa Ana - Commodity: silver - 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:3f160881c254a7b2c5b0 - 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 - 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 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-14T00:00:00.000Z Reasoning: El Dorado contributes a high-grade Indicated silver resource, significantly boosting the overall project grade profile. - Positive factor: Exceptionally high silver grade \(502.3 g/t\) in Indicated category. - Positive factor: Strong contained silver \(1.2 Moz\) for its tonnage. 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--8056b749-3d7b-4d3e-b04f-e768f86a8678#fact-resource-facts-5) Santa Ana · gold #### Identity - Project: Santa Ana - Commodity: gold - 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:3f160881c254a7b2c5b0 - 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 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-14T00:00:00.000Z Reasoning: El Dorado's Indicated gold resource adds to the high-grade nature of this vein system. - Positive factor: Good gold grade \(2.33 g/t\) in Indicated category, enhancing overall value. 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 ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/outcrop-silver-announces-updated-mineral-resource-estimate-for-the-santa-ana-pri--8056b749-3d7b-4d3e-b04f-e768f86a8678#fact-resource-facts-6) Santa Ana · silver #### Identity - Project: Santa Ana - Commodity: silver - 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:0ed8b78b2eac76fc649f - 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 - 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 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-14T00:00:00.000Z Reasoning: El Dorado's Inferred silver resource provides additional growth potential with solid grades. - Positive factor: Good silver grade \(169 g/t\) in Inferred category, indicating potential for future upgrades. 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--8056b749-3d7b-4d3e-b04f-e768f86a8678#fact-resource-facts-7) Santa Ana · gold #### Identity - Project: Santa Ana - Commodity: gold - 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:0ed8b78b2eac76fc649f - 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 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-14T00:00:00.000Z Reasoning: El Dorado's Inferred gold resource contributes to the polymetallic nature and growth potential. - Positive factor: Gold grade of 1.67 g/t in Inferred category supports overall value. 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 ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/outcrop-silver-announces-updated-mineral-resource-estimate-for-the-santa-ana-pri--8056b749-3d7b-4d3e-b04f-e768f86a8678#fact-resource-facts-8) Santa Ana · silver #### Identity - Project: Santa Ana - Commodity: silver - 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:72b685268743049345ae - 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 - 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 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-14T00:00:00.000Z Reasoning: Esp Santo has a very small Indicated silver resource, contributing minimally to the overall project. - Positive factor: Indicated silver resource with a grade of 117.5 g/t. - Negative factor: Very small tonnage \(4 kt\) and negligible 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--8056b749-3d7b-4d3e-b04f-e768f86a8678#fact-resource-facts-9) Santa Ana · gold #### Identity - Project: Santa Ana - Commodity: gold - 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:72b685268743049345ae - 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 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-14T00:00:00.000Z Reasoning: Esp Santo has a very small Indicated gold resource, contributing minimally to the overall project. - Positive factor: Indicated gold resource with a grade of 1.01 g/t. - Negative factor: Very small tonnage \(4 kt\) and negligible 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 ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/outcrop-silver-announces-updated-mineral-resource-estimate-for-the-santa-ana-pri--8056b749-3d7b-4d3e-b04f-e768f86a8678#fact-resource-facts-10) Santa Ana · silver #### Identity - Project: Santa Ana - Commodity: silver - 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:e456f41171601b401fc6 - 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 - 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 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-14T00:00:00.000Z Reasoning: Esp Santo has a small Inferred silver resource, contributing marginally to the overall project. - Positive factor: Inferred silver resource with a grade of 89.2 g/t. - Negative factor: Small tonnage \(18 kt\) and limited 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--8056b749-3d7b-4d3e-b04f-e768f86a8678#fact-resource-facts-11) Santa Ana · gold #### Identity - Project: Santa Ana - Commodity: gold - 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:e456f41171601b401fc6 - 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 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-14T00:00:00.000Z Reasoning: Esp Santo has a small Inferred gold resource, contributing marginally to the overall project. - Positive factor: Inferred gold resource with a grade of 1.19 g/t. - Negative factor: Small tonnage \(18 kt\) and limited 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 ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/outcrop-silver-announces-updated-mineral-resource-estimate-for-the-santa-ana-pri--8056b749-3d7b-4d3e-b04f-e768f86a8678#fact-resource-facts-12) Santa Ana · silver #### Identity - Project: Santa Ana - Commodity: silver - 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:b2c8957465f2d6bec0dc - 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 - 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 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-14T00:00:00.000Z Reasoning: Guadual is a significant new contributor to the Indicated silver resource with excellent grades, enhancing the project's overall value. - Positive factor: Very high silver grade \(486.4 g/t\) in Indicated category. - Positive factor: Substantial contained silver \(4.0 Moz\). - Positive factor: New vein system adding significant resources to the project. 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--8056b749-3d7b-4d3e-b04f-e768f86a8678#fact-resource-facts-13) Santa Ana · gold #### Identity - Project: Santa Ana - Commodity: gold - 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:b2c8957465f2d6bec0dc - 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 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-14T00:00:00.000Z Reasoning: Guadual's Indicated gold resource supports the polymetallic nature and adds value to the new vein system. - Positive factor: Gold grade of 1.35 g/t contributes to the overall AgEq value. - Positive factor: New vein system adding resources to the project. 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 ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/outcrop-silver-announces-updated-mineral-resource-estimate-for-the-santa-ana-pri--8056b749-3d7b-4d3e-b04f-e768f86a8678#fact-resource-facts-14) Santa Ana · silver #### Identity - Project: Santa Ana - Commodity: silver - 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:ffd1a3758118bb856c76 - 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 - 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 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-14T00:00:00.000Z Reasoning: Guadual's Inferred silver resource is a significant contributor to the project's growth potential with excellent grades. - Positive factor: High silver grade \(379 g/t\) in Inferred category. - Positive factor: Substantial contained silver \(4.0 Moz\), indicating strong growth potential. 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--8056b749-3d7b-4d3e-b04f-e768f86a8678#fact-resource-facts-15) Santa Ana · gold #### Identity - Project: Santa Ana - Commodity: gold - 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:ffd1a3758118bb856c76 - 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 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-14T00:00:00.000Z Reasoning: Guadual's Inferred gold resource adds to the polymetallic nature and growth potential of this new vein system. - Positive factor: Gold grade of 1.01 g/t contributes to the overall AgEq value in the Inferred category. 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 ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/outcrop-silver-announces-updated-mineral-resource-estimate-for-the-santa-ana-pri--8056b749-3d7b-4d3e-b04f-e768f86a8678#fact-resource-facts-16) Santa Ana · silver #### Identity - Project: Santa Ana - Commodity: silver - 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:0a8dfa0cca50fabc4224 - 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 - 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 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-14T00:00:00.000Z Reasoning: La Porfia provides a solid Indicated silver resource with good grades, adding to the project's confidence. - Positive factor: Good silver grade \(233.8 g/t\) in Indicated category. - Positive factor: Contributes to the overall Indicated resource base. 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--8056b749-3d7b-4d3e-b04f-e768f86a8678#fact-resource-facts-17) Santa Ana · gold #### Identity - Project: Santa Ana - Commodity: gold - 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:0a8dfa0cca50fabc4224 - 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 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-14T00:00:00.000Z Reasoning: La Porfia's Indicated gold resource is a strong contributor to the overall value of this vein system. - Positive factor: Very high gold grade \(3.54 g/t\) in Indicated category, significantly boosting AgEq. 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 ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/outcrop-silver-announces-updated-mineral-resource-estimate-for-the-santa-ana-pri--8056b749-3d7b-4d3e-b04f-e768f86a8678#fact-resource-facts-18) Santa Ana · silver #### Identity - Project: Santa Ana - Commodity: silver - 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:f2ad168a7fb5b4573676 - 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 - 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 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-14T00:00:00.000Z Reasoning: La Porfia's Inferred silver resource adds to the growth potential with solid grades. - Positive factor: Good silver grade \(194.8 g/t\) in Inferred category, indicating potential for future upgrades. 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--8056b749-3d7b-4d3e-b04f-e768f86a8678#fact-resource-facts-19) Santa Ana · gold #### Identity - Project: Santa Ana - Commodity: gold - 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:f2ad168a7fb5b4573676 - 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 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-14T00:00:00.000Z Reasoning: La Porfia's Inferred gold resource is a very strong contributor to the overall value and growth potential of this vein system. - Positive factor: Exceptional gold grade \(4.01 g/t\) in Inferred category, indicating high-value potential. 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 ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/outcrop-silver-announces-updated-mineral-resource-estimate-for-the-santa-ana-pri--8056b749-3d7b-4d3e-b04f-e768f86a8678#fact-resource-facts-20) Santa Ana · silver #### Identity - Project: Santa Ana - Commodity: silver - 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:92c4c824d906530235d2 - 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 - 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 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-14T00:00:00.000Z Reasoning: La Ye contributes a solid Indicated silver resource with good grades. - Positive factor: Good silver grade \(165.2 g/t\) in Indicated category. 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--8056b749-3d7b-4d3e-b04f-e768f86a8678#fact-resource-facts-21) Santa Ana · gold #### Identity - Project: Santa Ana - Commodity: gold - 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:92c4c824d906530235d2 - 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 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-14T00:00:00.000Z Reasoning: La Ye's Indicated gold resource adds to the overall value of this vein system. - Positive factor: Gold grade of 1.13 g/t in Indicated category. 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 ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/outcrop-silver-announces-updated-mineral-resource-estimate-for-the-santa-ana-pri--8056b749-3d7b-4d3e-b04f-e768f86a8678#fact-resource-facts-22) Santa Ana · silver #### Identity - Project: Santa Ana - Commodity: silver - 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:4b5d708f26f7c445ac78 - 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 - 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 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-14T00:00:00.000Z Reasoning: La Ye's Inferred silver resource adds to the growth potential with solid grades. - Positive factor: Good silver grade \(174.8 g/t\) in Inferred category, indicating potential for future upgrades. 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--8056b749-3d7b-4d3e-b04f-e768f86a8678#fact-resource-facts-23) Santa Ana · gold #### Identity - Project: Santa Ana - Commodity: gold - 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:4b5d708f26f7c445ac78 - 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 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-14T00:00:00.000Z Reasoning: La Ye's Inferred gold resource contributes to the polymetallic nature and growth potential. - Positive factor: Gold grade of 1.23 g/t in Inferred category supports overall value. 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 ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/outcrop-silver-announces-updated-mineral-resource-estimate-for-the-santa-ana-pri--8056b749-3d7b-4d3e-b04f-e768f86a8678#fact-resource-facts-24) Santa Ana · silver #### Identity - Project: Santa Ana - Commodity: silver - 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:c05cf0c17d0ff2e9ab02 - 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 - 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 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-14T00:00:00.000Z Reasoning: Las Maras is a standout contributor to the Indicated silver resource with extremely high grades, significantly enhancing the project's overall quality. - Positive factor: Exceptional silver grade \(735.1 g/t\) in Indicated category, one of the highest in the project. - Positive factor: Significant contained silver \(4.6 Moz\). 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--8056b749-3d7b-4d3e-b04f-e768f86a8678#fact-resource-facts-25) Santa Ana · gold #### Identity - Project: Santa Ana - Commodity: gold - 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:c05cf0c17d0ff2e9ab02 - 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 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-14T00:00:00.000Z Reasoning: Las Maras' Indicated gold resource adds to the high-grade nature of this vein system. - Positive factor: Gold grade of 1.51 g/t in Indicated category, supporting the high AgEq value. 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 ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/outcrop-silver-announces-updated-mineral-resource-estimate-for-the-santa-ana-pri--8056b749-3d7b-4d3e-b04f-e768f86a8678#fact-resource-facts-26) Santa Ana · silver #### Identity - Project: Santa Ana - Commodity: silver - 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:c426486235ecc65de497 - 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 - 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 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-14T00:00:00.000Z Reasoning: Las Maras' Inferred silver resource is a major high-grade contributor to the project's growth potential. - Positive factor: Very high silver grade \(596.9 g/t\) in Inferred category, indicating significant high-grade potential. - Positive factor: Substantial contained silver \(3.0 Moz\). 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--8056b749-3d7b-4d3e-b04f-e768f86a8678#fact-resource-facts-27) Santa Ana · gold #### Identity - Project: Santa Ana - Commodity: gold - 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:c426486235ecc65de497 - 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 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-14T00:00:00.000Z Reasoning: Las Maras' Inferred gold resource adds to the high-grade nature and growth potential of this vein system. - Positive factor: Good gold grade \(1.94 g/t\) in Inferred category, supporting high AgEq value. 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 ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/outcrop-silver-announces-updated-mineral-resource-estimate-for-the-santa-ana-pri--8056b749-3d7b-4d3e-b04f-e768f86a8678#fact-resource-facts-28) Santa Ana · silver #### Identity - Project: Santa Ana - Commodity: silver - 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:1bf27641b43e1af4a307 - 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 - 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 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-14T00:00:00.000Z Reasoning: La Isabela contributes a small but high-grade Indicated silver resource. - Positive factor: Good silver grade \(205.6 g/t\) in Indicated category. - Negative factor: Small tonnage \(9 kt\) and limited 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--8056b749-3d7b-4d3e-b04f-e768f86a8678#fact-resource-facts-29) Santa Ana · gold #### Identity - Project: Santa Ana - Commodity: gold - 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:1bf27641b43e1af4a307 - 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 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-14T00:00:00.000Z Reasoning: La Isabela's Indicated gold resource is small but contributes to the overall value. - Positive factor: Gold grade of 1.12 g/t in Indicated category. - Negative factor: Small tonnage \(9 kt\) and negligible 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 ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/outcrop-silver-announces-updated-mineral-resource-estimate-for-the-santa-ana-pri--8056b749-3d7b-4d3e-b04f-e768f86a8678#fact-resource-facts-30) Santa Ana · silver #### Identity - Project: Santa Ana - Commodity: silver - 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:d83465169a71c1632840 - 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 - 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 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-14T00:00:00.000Z Reasoning: La Isabela's Inferred silver resource adds to the growth potential with solid grades. - Positive factor: Good silver grade \(170.7 g/t\) in Inferred category, indicating potential for future upgrades. 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--8056b749-3d7b-4d3e-b04f-e768f86a8678#fact-resource-facts-31) Santa Ana · gold #### Identity - Project: Santa Ana - Commodity: gold - 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:d83465169a71c1632840 - 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 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-14T00:00:00.000Z Reasoning: La Isabela's Inferred gold resource contributes to the polymetallic nature and growth potential. - Positive factor: Gold grade of 0.99 g/t in Inferred category. 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 ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/outcrop-silver-announces-updated-mineral-resource-estimate-for-the-santa-ana-pri--8056b749-3d7b-4d3e-b04f-e768f86a8678#fact-resource-facts-32) Santa Ana · silver #### Identity - Project: Santa Ana - Commodity: silver - 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:3bafedf6a0e9d41cb4cc - 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 - 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 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-14T00:00:00.000Z Reasoning: Los Mangos contributes a strong Indicated silver resource with high grades, adding to the project's confidence. - Positive factor: High silver grade \(397 g/t\) in Indicated category. - Positive factor: Solid contained silver \(2.2 Moz\). 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--8056b749-3d7b-4d3e-b04f-e768f86a8678#fact-resource-facts-33) Santa Ana · gold #### Identity - Project: Santa Ana - Commodity: gold - 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:3bafedf6a0e9d41cb4cc - 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 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-14T00:00:00.000Z Reasoning: Los Mangos' Indicated gold resource adds to the polymetallic nature of this vein system. - Positive factor: Gold grade of 1.62 g/t in Indicated category, supporting overall value. 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 ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/outcrop-silver-announces-updated-mineral-resource-estimate-for-the-santa-ana-pri--8056b749-3d7b-4d3e-b04f-e768f86a8678#fact-resource-facts-34) Santa Ana · silver #### Identity - Project: Santa Ana - Commodity: silver - 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:f086bd5cea5d6f3a307e - 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 - 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 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-14T00:00:00.000Z Reasoning: Los Mangos' Inferred silver resource is a strong high-grade contributor to the project's growth potential. - Positive factor: Very high silver grade \(487.6 g/t\) in Inferred category, indicating significant high-grade potential. - Positive factor: Good contained silver \(1.2 Moz\). 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--8056b749-3d7b-4d3e-b04f-e768f86a8678#fact-resource-facts-35) Santa Ana · gold #### Identity - Project: Santa Ana - Commodity: gold - 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:f086bd5cea5d6f3a307e - 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 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-14T00:00:00.000Z Reasoning: Los Mangos' Inferred gold resource contributes to the polymetallic nature and growth potential. - Positive factor: Gold grade of 0.76 g/t in Inferred category. 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 ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/outcrop-silver-announces-updated-mineral-resource-estimate-for-the-santa-ana-pri--8056b749-3d7b-4d3e-b04f-e768f86a8678#fact-resource-facts-36) Santa Ana · silver #### Identity - Project: Santa Ana - Commodity: silver - 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:bfb8c06c351828654fff - 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 - 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 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-14T00:00:00.000Z Reasoning: Los Naranjos contributes a strong Indicated silver resource with high grades, adding to the project's confidence. - Positive factor: High silver grade \(345.2 g/t\) in Indicated category. - Positive factor: Solid contained silver \(2.0 Moz\). 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--8056b749-3d7b-4d3e-b04f-e768f86a8678#fact-resource-facts-37) Santa Ana · gold #### Identity - Project: Santa Ana - Commodity: gold - 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:bfb8c06c351828654fff - 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 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-14T00:00:00.000Z Reasoning: Los Naranjos' Indicated gold resource adds to the polymetallic nature of this vein system. - Positive factor: Gold grade of 1.07 g/t in Indicated category, supporting overall value. 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 ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/outcrop-silver-announces-updated-mineral-resource-estimate-for-the-santa-ana-pri--8056b749-3d7b-4d3e-b04f-e768f86a8678#fact-resource-facts-38) Santa Ana · silver #### Identity - Project: Santa Ana - Commodity: silver - 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:3fdf7e745b91b4309ea9 - 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 - 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 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-14T00:00:00.000Z Reasoning: Los Naranjos' Inferred silver resource adds to the growth potential with solid grades. - Positive factor: Good silver grade \(215.4 g/t\) in Inferred category, indicating potential for future upgrades. 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--8056b749-3d7b-4d3e-b04f-e768f86a8678#fact-resource-facts-39) Santa Ana · gold #### Identity - Project: Santa Ana - Commodity: gold - 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:3fdf7e745b91b4309ea9 - 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 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-14T00:00:00.000Z Reasoning: Los Naranjos' Inferred gold resource contributes to the polymetallic nature and growth potential. - Positive factor: Gold grade of 0.62 g/t in Inferred category. 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 ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/outcrop-silver-announces-updated-mineral-resource-estimate-for-the-santa-ana-pri--8056b749-3d7b-4d3e-b04f-e768f86a8678#fact-resource-facts-40) Santa Ana · silver #### Identity - Project: Santa Ana - Commodity: silver - 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:852e5c0fd2479acbd6fe - 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 - 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 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-14T00:00:00.000Z Reasoning: Morena contributes a small but high-grade Indicated silver resource. - Positive factor: Good silver grade \(268.6 g/t\) in Indicated category. - Negative factor: Small tonnage \(19 kt\) and limited 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--8056b749-3d7b-4d3e-b04f-e768f86a8678#fact-resource-facts-41) Santa Ana · gold #### Identity - Project: Santa Ana - Commodity: gold - 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:852e5c0fd2479acbd6fe - 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 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-14T00:00:00.000Z Reasoning: Morena's Indicated gold resource is small but contributes to the overall value. - Positive factor: Gold grade of 0.71 g/t in Indicated category. - Negative factor: Small tonnage \(19 kt\) and negligible 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 ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/outcrop-silver-announces-updated-mineral-resource-estimate-for-the-santa-ana-pri--8056b749-3d7b-4d3e-b04f-e768f86a8678#fact-resource-facts-42) Santa Ana · silver #### Identity - Project: Santa Ana - Commodity: silver - 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:794274b91da1dc772842 - 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 - 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 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-14T00:00:00.000Z Reasoning: Morena's Inferred silver resource adds to the growth potential with solid grades. - Positive factor: Good silver grade \(285.2 g/t\) in Inferred category. - Positive factor: Solid contained silver \(1.2 Moz\), indicating potential for future upgrades. 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--8056b749-3d7b-4d3e-b04f-e768f86a8678#fact-resource-facts-43) Santa Ana · gold #### Identity - Project: Santa Ana - Commodity: gold - 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:794274b91da1dc772842 - Deposit or zone: Morena - 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 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-14T00:00:00.000Z Reasoning: Morena's Inferred gold resource contributes to the polymetallic nature and growth potential. - Positive factor: Gold grade of 1.23 g/t in Inferred category supports overall value. 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 ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/outcrop-silver-announces-updated-mineral-resource-estimate-for-the-santa-ana-pri--8056b749-3d7b-4d3e-b04f-e768f86a8678#fact-resource-facts-44) Santa Ana · silver #### Identity - Project: Santa Ana - Commodity: silver - 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:7f4070e44fd46c8c302b - 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 - 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 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-14T00:00:00.000Z Reasoning: Paraíso contributes a strong Indicated silver resource with high grades, adding to the project's confidence. - Positive factor: High silver grade \(319.7 g/t\) in Indicated category. - Positive factor: Solid contained silver \(1.6 Moz\). 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--8056b749-3d7b-4d3e-b04f-e768f86a8678#fact-resource-facts-45) Santa Ana · gold #### Identity - Project: Santa Ana - Commodity: gold - 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:7f4070e44fd46c8c302b - 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 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-14T00:00:00.000Z Reasoning: Paraíso's Indicated gold resource is a very strong contributor to the overall value of this vein system. - Positive factor: Exceptional gold grade \(3.98 g/t\) in Indicated category, significantly boosting AgEq. 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 ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/outcrop-silver-announces-updated-mineral-resource-estimate-for-the-santa-ana-pri--8056b749-3d7b-4d3e-b04f-e768f86a8678#fact-resource-facts-46) Santa Ana · silver #### Identity - Project: Santa Ana - Commodity: silver - 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:0b9bf6b77e369f85f700 - 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 - 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 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-14T00:00:00.000Z Reasoning: Paraíso's Inferred silver resource adds to the growth potential with solid grades. - Positive factor: Good silver grade \(183.5 g/t\) in Inferred category. - Positive factor: Solid contained silver \(1.2 Moz\), indicating potential for future upgrades. 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--8056b749-3d7b-4d3e-b04f-e768f86a8678#fact-resource-facts-47) Santa Ana · gold #### Identity - Project: Santa Ana - Commodity: gold - 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:0b9bf6b77e369f85f700 - 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 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-14T00:00:00.000Z Reasoning: Paraíso's Inferred gold resource contributes to the polymetallic nature and growth potential. - Positive factor: Good gold grade \(1.90 g/t\) in Inferred category supports overall value. 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 ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/outcrop-silver-announces-updated-mineral-resource-estimate-for-the-santa-ana-pri--8056b749-3d7b-4d3e-b04f-e768f86a8678#fact-resource-facts-48) Santa Ana · silver #### Identity - Project: Santa Ana - Commodity: silver - 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:bef0519edfa1ef41d5b2 - 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 - 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 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-14T00:00:00.000Z Reasoning: Santa Ana vein contributes a strong Indicated silver resource with high grades, adding to the project's confidence. - Positive factor: High silver grade \(357.9 g/t\) in Indicated category. - Positive factor: Solid contained silver \(2.0 Moz\). 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--8056b749-3d7b-4d3e-b04f-e768f86a8678#fact-resource-facts-49) Santa Ana · gold #### Identity - Project: Santa Ana - Commodity: gold - 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:bef0519edfa1ef41d5b2 - 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 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-14T00:00:00.000Z Reasoning: Santa Ana vein's Indicated gold resource adds to the polymetallic nature of this vein system. - Positive factor: Gold grade of 1.12 g/t in Indicated category, supporting overall value. 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 ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/outcrop-silver-announces-updated-mineral-resource-estimate-for-the-santa-ana-pri--8056b749-3d7b-4d3e-b04f-e768f86a8678#fact-resource-facts-50) Santa Ana · silver #### Identity - Project: Santa Ana - Commodity: silver - 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:85648302012606bb87ce - 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 - 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 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-14T00:00:00.000Z Reasoning: Santa Ana vein's Inferred silver resource is a significant contributor to the project's growth potential with solid grades. - Positive factor: Good silver grade \(263.2 g/t\) in Inferred category. - Positive factor: Substantial contained silver \(3.6 Moz\), indicating strong growth potential. 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--8056b749-3d7b-4d3e-b04f-e768f86a8678#fact-resource-facts-51) Santa Ana · gold #### Identity - Project: Santa Ana - Commodity: gold - 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:85648302012606bb87ce - 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 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-14T00:00:00.000Z Reasoning: Santa Ana vein's Inferred gold resource contributes to the polymetallic nature and growth potential. - Positive factor: Gold grade of 0.72 g/t in Inferred category. 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 ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/outcrop-silver-announces-updated-mineral-resource-estimate-for-the-santa-ana-pri--8056b749-3d7b-4d3e-b04f-e768f86a8678#fact-resource-facts-52) Santa Ana · silver #### Identity - Project: Santa Ana - Commodity: silver - 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:856f52d125a3471bfb6d - 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 - 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 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-14T00:00:00.000Z Reasoning: The total Indicated silver resource is substantial and high-grade, forming a strong foundation for the project. - Positive factor: Total Indicated silver resource of 21.7 Moz at a high grade of 376.4 g/t. - Positive factor: Represents a significant and confident resource base for the project. 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--8056b749-3d7b-4d3e-b04f-e768f86a8678#fact-resource-facts-53) Santa Ana · gold #### Identity - Project: Santa Ana - Commodity: gold - 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:856f52d125a3471bfb6d - 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 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-14T00:00:00.000Z Reasoning: The total Indicated gold resource adds substantial value and confirms the polymetallic nature of the project. - Positive factor: Total Indicated gold resource of 0.104 Moz at a good grade of 1.80 g/t. - Positive factor: Significantly contributes to the overall AgEq value. 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 ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/outcrop-silver-announces-updated-mineral-resource-estimate-for-the-santa-ana-pri--8056b749-3d7b-4d3e-b04f-e768f86a8678#fact-resource-facts-54) Santa Ana · silver #### Identity - Project: Santa Ana - Commodity: silver - 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:1993b38ab28dbd5c281c - 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 - 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 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-14T00:00:00.000Z Reasoning: The total Inferred silver resource is substantial and high-grade, indicating strong future growth and conversion potential. - Positive factor: Total Inferred silver resource of 20.1 Moz at a good grade of 266.4 g/t. - Positive factor: Represents significant growth potential for the project \(106.3% increase in AgEq\). 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--8056b749-3d7b-4d3e-b04f-e768f86a8678#fact-resource-facts-55) Santa Ana · gold #### Identity - Project: Santa Ana - Commodity: gold - 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:1993b38ab28dbd5c281c - 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 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-14T00:00:00.000Z Reasoning: The total Inferred gold resource adds substantial value and confirms the polymetallic nature and growth potential of the project. - Positive factor: Total Inferred gold resource of 0.098 Moz at a good grade of 1.29 g/t. - Positive factor: Significantly contributes to the overall AgEq value and growth potential. 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 ## 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.