OUTCROP SILVER DRILLS 1.06 METRES AT 1,930 G/T AGEQ IN 150-METRE STEP-OUT, CONFIRMING HIGH-GRADE NORTHERN EXTENSION AND EXPANDING LOS MANGOS VEIN SYSTEM

Original announcement by tmx on

Company
Outcrop Silver & Gold Corporation
Ticker
OCG
Exchange
TSX
Region
Colombia
Primary commodity
Silver
Secondary commodities
Gold
Document categories
Drill results, Resource update
Extracted
2026-09-24 10:20:39 UTC

Analysis by Minestarters Atlas

Minestarters Atlas analysis

Summary

Outcrop Silver & Gold Corporation announced high-grade drill results from its Santa Ana silver project in Colombia, including 1.06 metres grading 1,930 g/t AgEq in a 150-metre step-out hole DH469. This confirms the northern extension and continuity of the Los Mangos vein system and indicates a potential new high-grade shoot. The company also provided a revised intercept for hole DH461 and reported surface sample results, emphasizing the project's resource expansion potential.

Reasoning: Outcrop Silver reported high-grade silver equivalent drill results from a 150-metre step-out at its Santa Ana project, confirming the northern extension and continuity of the Los Mangos vein system and indicating a new high-grade shoot. The results are significant for resource expansion, and QA/QC protocols are well-disclosed.

Positive factors

  • High-grade silver equivalent intercept in DH469 (1.06 m at 1,930 g/t AgEq)
  • Significant 150-metre step-out confirming northern extension and continuity of Los Mangos vein system
  • Discovery of a potential new high-grade shoot at depth
  • True width disclosed for key intercepts
  • Comprehensive QA/QC protocols disclosed

Negative factors

  • Some true widths not estimated due to current knowledge of structure

Facts used in scoring: 18

Extracted facts

Stored fact records: 18. Some facts used in scoring do not have a stored record.

Drill Results (16)

DH469Santa Ana · silverGrade: 1841Grade Unit: g/tIntercept: 1.06 mView all details
Link to this fact

Identity

Hole ID
DH469
Project
Santa Ana
Commodity
silver
Region
colombia
Reported Region
colombia
Ticker
OCG

Geometry

Grade
1841
Grade Unit
g/t
Intercept
1.06 m
True Width
0.79 m
From
209.75 m
To
210.81 m
Hole Depth
269.06 m
Intercept Depth
209.75 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
DH469:209.75-210.81
Mining Method
underground

Location

Location
Los Mangos
Easting
502040.595
Northing
556537.783
CRS
UTM system, Zone 18N, and WGS84 projection
Elevation
851.73 m
Azimuth
315 °
Dip
-45 °
Loc. Source
document

QA/QC

Laboratory
Actlabs
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
1930
Metal Eq. Unit
g/t AgEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-07-08T00:00:00.000Z

Reasoning: Hole DH469 delivered an exceptional silver grade and silver equivalent grade over a significant true width, confirming a 150-metre step-out extension of the Los Mangos vein system.

Positive factors

  • Exceptional silver grade (1,841 g/t Ag)
  • High silver equivalent grade (1,930 g/t AgEq)
  • Significant intercept length (1.06 m)
  • True width disclosed (0.79 m)
  • Part of a 150-metre step-out confirming northern extension

Evidence · table

“1,841”

Context: 1.06

Tags used in scoring

Bonanza Interceptpositive

Exceptionally high-grade zone, well above the deposit-type norm.

Why it applies: 1,841 g/t Ag is an exceptionally high-grade silver intercept.

Evidence · table

“1,841”

Context: 1.06

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: Estimated true width of 0.79 m is stated for the intercept.

Evidence · table

“0.79”

Context: 1.06

Step-Out Extensionpositive

Mineralization extended beyond the previously known limit.

Why it applies: Hole DH469 represents a 150-metre step-out to the north from known mineralization.

Evidence · text

“Holes DH469 and DH472 represent a 150-metre step-out to the north from known mineralization.”

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Our team is excited to test this zone at depth, as the geometry and grade point to another shoot, reinforcing our strate"

DH469Santa Ana · goldGrade: 1.18Grade Unit: g/tIntercept: 1.06 mView all details
Link to this fact

Identity

Hole ID
DH469
Project
Santa Ana
Commodity
gold
Region
colombia
Reported Region
colombia
Ticker
OCG

Geometry

Grade
1.18
Grade Unit
g/t
Intercept
1.06 m
True Width
0.79 m
From
209.75 m
To
210.81 m
Hole Depth
269.06 m
Intercept Depth
209.75 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
DH469:209.75-210.81
Mining Method
underground

Location

Location
Los Mangos
Easting
502040.595
Northing
556537.783
CRS
UTM system, Zone 18N, and WGS84 projection
Elevation
851.73 m
Azimuth
315 °
Dip
-45 °
Loc. Source
document

QA/QC

Laboratory
Actlabs
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
1930
Metal Eq. Unit
g/t AgEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-07-08T00:00:00.000Z

Reasoning: Gold grade of 1.18 g/t contributes to the overall high silver equivalent value in this significant step-out intercept.

Positive factors

  • Gold grade contributes to high AgEq value
  • Significant intercept length (1.06 m)
  • True width disclosed (0.79 m)

Evidence · table

“1.18”

Context: 1.06

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 0.79

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Our team is excited to test this zone at depth, as the geometry and grade point to another shoot, reinforcing our strate"

DH469Santa Ana · silverGrade: 4830Grade Unit: g/tIntercept: 0.3 mView all details
Link to this fact

Identity

Hole ID
DH469
Project
Santa Ana
Commodity
silver
Region
colombia
Reported Region
colombia
Ticker
OCG

Geometry

Grade
4830
Grade Unit
g/t
Intercept
0.3 m
True Width
0.22 m
From
209.75 m
To
210.05 m
Hole Depth
269.06 m
Intercept Depth
209.75 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
DH469:209.75-210.05
Mining Method
underground

Location

Location
Los Mangos
Easting
502040.595
Northing
556537.783
CRS
UTM system, Zone 18N, and WGS84 projection
Elevation
851.73 m
Azimuth
315 °
Dip
-45 °
Loc. Source
document

QA/QC

Laboratory
Actlabs
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
4988
Metal Eq. Unit
g/t AgEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-07-08T00:00:00.000Z

Reasoning: This sub-interval within DH469 shows an extremely high-grade silver and silver equivalent concentration, indicating a bonanza zone.

Positive factors

  • Extremely high silver grade (4,830 g/t Ag)
  • Exceptional silver equivalent grade (4,988 g/t AgEq)
  • True width disclosed (0.22 m)

Evidence · table

“4,830”

Context: 0.30

Tags used in scoring

Bonanza Interceptpositive

Exceptionally high-grade zone, well above the deposit-type norm.

Why it applies: 4,830 g/t Ag is an exceptionally high-grade silver intercept.

Evidence · table

“4,830”

Context: 0.30

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: Estimated true width of 0.22 m is stated for the intercept.

Evidence · table

“0.22”

Context: 0.30

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Our team is excited to test this zone at depth, as the geometry and grade point to another shoot, reinforcing our strate"

DH469Santa Ana · goldGrade: 2.11Grade Unit: g/tIntercept: 0.3 mView all details
Link to this fact

Identity

Hole ID
DH469
Project
Santa Ana
Commodity
gold
Region
colombia
Reported Region
colombia
Ticker
OCG

Geometry

Grade
2.11
Grade Unit
g/t
Intercept
0.3 m
True Width
0.22 m
From
209.75 m
To
210.05 m
Hole Depth
269.06 m
Intercept Depth
209.75 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
DH469:209.75-210.05
Mining Method
underground

Location

Location
Los Mangos
Easting
502040.595
Northing
556537.783
CRS
UTM system, Zone 18N, and WGS84 projection
Elevation
851.73 m
Azimuth
315 °
Dip
-45 °
Loc. Source
document

QA/QC

Laboratory
Actlabs
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
4988
Metal Eq. Unit
g/t AgEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-07-08T00:00:00.000Z

Reasoning: Gold grade of 2.11 g/t in this sub-interval significantly contributes to the bonanza silver equivalent grade.

Positive factors

  • Strong gold grade (2.11 g/t Au) contributing to bonanza AgEq
  • True width disclosed (0.22 m)

Evidence · table

“2.11”

Context: 0.30

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 0.22

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Our team is excited to test this zone at depth, as the geometry and grade point to another shoot, reinforcing our strate"

DH469Santa Ana · silverGrade: 886Grade Unit: g/tIntercept: 0.46 mView all details
Link to this fact

Identity

Hole ID
DH469
Project
Santa Ana
Commodity
silver
Region
colombia
Reported Region
colombia
Ticker
OCG

Geometry

Grade
886
Grade Unit
g/t
Intercept
0.46 m
True Width
0.34 m
From
210.35 m
To
210.81 m
Hole Depth
269.06 m
Intercept Depth
209.75 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
DH469:210.35-210.81
Mining Method
underground

Location

Location
Los Mangos
Easting
502040.595
Northing
556537.783
CRS
UTM system, Zone 18N, and WGS84 projection
Elevation
851.73 m
Azimuth
315 °
Dip
-45 °
Loc. Source
document

QA/QC

Laboratory
Actlabs
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
969
Metal Eq. Unit
g/t AgEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-07-08T00:00:00.000Z

Reasoning: This sub-interval within DH469 shows a high-grade silver and silver equivalent concentration, further supporting the overall strong intercept.

Positive factors

  • High silver grade (886 g/t Ag)
  • High silver equivalent grade (969 g/t AgEq)
  • True width disclosed (0.34 m)

Evidence · table

“886”

Context: 0.46

Tags used in scoring

Bonanza Interceptpositive

Exceptionally high-grade zone, well above the deposit-type norm.

Why it applies: 886 g/t Ag is an exceptionally high-grade silver intercept.

Evidence · table

“886”

Context: 0.46

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: Estimated true width of 0.34 m is stated for the intercept.

Evidence · table

“0.34”

Context: 0.46

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Our team is excited to test this zone at depth, as the geometry and grade point to another shoot, reinforcing our strate"

DH469Santa Ana · goldGrade: 1.11Grade Unit: g/tIntercept: 0.46 mView all details
Link to this fact

Identity

Hole ID
DH469
Project
Santa Ana
Commodity
gold
Region
colombia
Reported Region
colombia
Ticker
OCG

Geometry

Grade
1.11
Grade Unit
g/t
Intercept
0.46 m
True Width
0.34 m
From
210.35 m
To
210.81 m
Hole Depth
269.06 m
Intercept Depth
209.75 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
DH469:210.35-210.81
Mining Method
underground

Location

Location
Los Mangos
Easting
502040.595
Northing
556537.783
CRS
UTM system, Zone 18N, and WGS84 projection
Elevation
851.73 m
Azimuth
315 °
Dip
-45 °
Loc. Source
document

QA/QC

Laboratory
Actlabs
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
969
Metal Eq. Unit
g/t AgEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-07-08T00:00:00.000Z

Reasoning: Gold grade of 1.11 g/t in this sub-interval contributes to the overall high silver equivalent value.

Positive factors

  • Gold grade (1.11 g/t Au) contributes to high AgEq value
  • True width disclosed (0.34 m)

Evidence · table

“1.11”

Context: 0.46

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 0.34

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Our team is excited to test this zone at depth, as the geometry and grade point to another shoot, reinforcing our strate"

DH466Santa Ana · silverGrade: 471Grade Unit: g/tIntercept: 0.42 mView all details
Link to this fact

Identity

Hole ID
DH466
Project
Santa Ana
Commodity
silver
Region
colombia
Reported Region
colombia
Ticker
OCG

Geometry

Grade
471
Grade Unit
g/t
Intercept
0.42 m
From
143.95 m
To
144.37 m
Hole Depth
298.94 m
Intercept Depth
143.95 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
DH466:143.95-144.37
Mining Method
underground

Location

Location
Los Mangos
Easting
501796.455
Northing
556357.08
CRS
UTM system, Zone 18N, and WGS84 projection
Elevation
989.4 m
Azimuth
286 °
Dip
-68 °
Loc. Source
document

QA/QC

Laboratory
Actlabs
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
483
Metal Eq. Unit
g/t AgEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-07-08T00:00:00.000Z

Reasoning: Hole DH466 confirms encouraging silver grades at depth in the Mangos Fault, contributing to the overall understanding of the system, though true width is not estimated.

Positive factors

  • High silver grade (471 g/t Ag)
  • High silver equivalent grade (483 g/t AgEq)
  • Confirms continuity of Mangos Fault at depth

Negative factors

  • True width not estimated

Evidence · table

“471”

Context: 0.42

Tags used in scoring

Bonanza Interceptpositive

Exceptionally high-grade zone, well above the deposit-type norm.

Why it applies: 471 g/t Ag is an exceptionally high-grade silver intercept.

Evidence · table

“471”

Context: 0.42

Apparent Width Onlynegative

Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Why it applies: True width is not estimated for this intercept.

Evidence · table

“*”

Context: 0.42

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Our team is excited to test this zone at depth, as the geometry and grade point to another shoot, reinforcing our strate"

DH466Santa Ana · goldGrade: 0.17Grade Unit: g/tIntercept: 0.42 mView all details
Link to this fact

Identity

Hole ID
DH466
Project
Santa Ana
Commodity
gold
Region
colombia
Reported Region
colombia
Ticker
OCG

Geometry

Grade
0.17
Grade Unit
g/t
Intercept
0.42 m
From
143.95 m
To
144.37 m
Hole Depth
298.94 m
Intercept Depth
143.95 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
DH466:143.95-144.37
Mining Method
underground

Location

Location
Los Mangos
Easting
501796.455
Northing
556357.08
CRS
UTM system, Zone 18N, and WGS84 projection
Elevation
989.4 m
Azimuth
286 °
Dip
-68 °
Loc. Source
document

QA/QC

Laboratory
Actlabs
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
483
Metal Eq. Unit
g/t AgEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-07-08T00:00:00.000Z

Reasoning: Gold grade of 0.17 g/t is present in the DH466 intercept, contributing to the overall silver equivalent grade.

Positive factors

  • Gold grade contributes to AgEq value
  • Confirms continuity of Mangos Fault at depth

Negative factors

  • True width not estimated

Evidence · table

“0.17”

Context: 0.42

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Our team is excited to test this zone at depth, as the geometry and grade point to another shoot, reinforcing our strate"

DH461Santa Ana · silverGrade: 205Grade Unit: g/tIntercept: 0.37 mView all details
Link to this fact

Identity

Hole ID
DH461
Project
Santa Ana
Commodity
silver
Region
colombia
Reported Region
colombia
Ticker
OCG

Geometry

Grade
205
Grade Unit
g/t
Intercept
0.37 m
From
203.3 m
To
203.67 m
Hole Depth
273.4 m
Intercept Depth
203.3 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
DH461:203.3-203.67
Mining Method
underground

Location

Location
Los Mangos
Easting
501797.955
Northing
556358.119
CRS
UTM system, Zone 18N, and WGS84 projection
Elevation
989.36 m
Azimuth
346 °
Dip
-66 °
Loc. Source
document

QA/QC

Laboratory
Actlabs
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
217
Metal Eq. Unit
g/t AgEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-07-08T00:00:00.000Z

Reasoning: This is a high-grade silver intercept from DH461, part of a revised assay, though true width is not estimated.

Positive factors

  • High silver grade (205 g/t Ag)
  • High silver equivalent grade (217 g/t AgEq)

Negative factors

  • True width not estimated

Evidence · table

“205”

Context: 0.37

Tags used in scoring

Apparent Width Onlynegative

Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Why it applies: True width is not estimated for this intercept.

Evidence · table

“*”

Context: 0.37

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Our team is excited to test this zone at depth, as the geometry and grade point to another shoot, reinforcing our strate"

DH461Santa Ana · goldGrade: 0.17Grade Unit: g/tIntercept: 0.37 mView all details
Link to this fact

Identity

Hole ID
DH461
Project
Santa Ana
Commodity
gold
Region
colombia
Reported Region
colombia
Ticker
OCG

Geometry

Grade
0.17
Grade Unit
g/t
Intercept
0.37 m
From
203.3 m
To
203.67 m
Hole Depth
273.4 m
Intercept Depth
203.3 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
DH461:203.3-203.67
Mining Method
underground

Location

Location
Los Mangos
Easting
501797.955
Northing
556358.119
CRS
UTM system, Zone 18N, and WGS84 projection
Elevation
989.36 m
Azimuth
346 °
Dip
-66 °
Loc. Source
document

QA/QC

Laboratory
Actlabs
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
217
Metal Eq. Unit
g/t AgEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-07-08T00:00:00.000Z

Reasoning: Gold grade of 0.17 g/t is present in this revised intercept from DH461.

Positive factors

  • Gold grade contributes to AgEq value

Negative factors

  • True width not estimated

Evidence · table

“0.17”

Context: 0.37

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Our team is excited to test this zone at depth, as the geometry and grade point to another shoot, reinforcing our strate"

DH461Santa Ana · silverGrade: 443Grade Unit: g/tIntercept: 5.27 mView all details
Link to this fact

Identity

Hole ID
DH461
Project
Santa Ana
Commodity
silver
Region
colombia
Reported Region
colombia
Ticker
OCG

Geometry

Grade
443
Grade Unit
g/t
Intercept
5.27 m
True Width
3.13 m
From
223.48 m
To
228.75 m
Hole Depth
273.4 m
Intercept Depth
223.48 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
DH461:223.48-228.75
Mining Method
underground

Location

Location
Los Mangos
Easting
501797.955
Northing
556358.119
CRS
UTM system, Zone 18N, and WGS84 projection
Elevation
989.36 m
Azimuth
346 °
Dip
-66 °
Loc. Source
document

QA/QC

Laboratory
Actlabs
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
456
Metal Eq. Unit
g/t AgEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-07-08T00:00:00.000Z

Reasoning: This revised intercept for DH461 shows a strong silver grade over a significant true width, improving upon previously reported values.

Positive factors

  • High silver grade (443 g/t Ag)
  • Significant intercept length (5.27 m)
  • True width disclosed (3.13 m)
  • Revised and improved grade from previous reporting

Evidence · table

“443”

Context: 5.27

Tags used in scoring

Bonanza Interceptpositive

Exceptionally high-grade zone, well above the deposit-type norm.

Why it applies: 443 g/t Ag is an exceptionally high-grade silver intercept.

Evidence · table

“443”

Context: 5.27

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: Estimated true width of 3.13 m is stated for the intercept.

Evidence · table

“3.13”

Context: 5.27

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Our team is excited to test this zone at depth, as the geometry and grade point to another shoot, reinforcing our strate"

DH461Santa Ana · goldGrade: 0.17Grade Unit: g/tIntercept: 5.27 mView all details
Link to this fact

Identity

Hole ID
DH461
Project
Santa Ana
Commodity
gold
Region
colombia
Reported Region
colombia
Ticker
OCG

Geometry

Grade
0.17
Grade Unit
g/t
Intercept
5.27 m
True Width
3.13 m
From
223.48 m
To
228.75 m
Hole Depth
273.4 m
Intercept Depth
223.48 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
DH461:223.48-228.75
Mining Method
underground

Location

Location
Los Mangos
Easting
501797.955
Northing
556358.119
CRS
UTM system, Zone 18N, and WGS84 projection
Elevation
989.36 m
Azimuth
346 °
Dip
-66 °
Loc. Source
document

QA/QC

Laboratory
Actlabs
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
456
Metal Eq. Unit
g/t AgEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-07-08T00:00:00.000Z

Reasoning: Gold grade of 0.17 g/t is present in this revised intercept from DH461, contributing to the overall silver equivalent grade.

Positive factors

  • Gold grade contributes to AgEq value
  • Significant intercept length (5.27 m)
  • True width disclosed (3.13 m)

Evidence · table

“0.17”

Context: 5.27

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 3.13

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Our team is excited to test this zone at depth, as the geometry and grade point to another shoot, reinforcing our strate"

DH461Santa Ana · silverGrade: 3353Grade Unit: g/tIntercept: 0.61 mView all details
Link to this fact

Identity

Hole ID
DH461
Project
Santa Ana
Commodity
silver
Region
colombia
Reported Region
colombia
Ticker
OCG

Geometry

Grade
3353
Grade Unit
g/t
Intercept
0.61 m
True Width
0.36 m
From
228.14 m
To
228.75 m
Hole Depth
273.4 m
Intercept Depth
223.48 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
DH461:228.14-228.75
Mining Method
underground

Location

Location
Los Mangos
Easting
501797.955
Northing
556358.119
CRS
UTM system, Zone 18N, and WGS84 projection
Elevation
989.36 m
Azimuth
346 °
Dip
-66 °
Loc. Source
document

QA/QC

Laboratory
Actlabs
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
3422
Metal Eq. Unit
g/t AgEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-07-08T00:00:00.000Z

Reasoning: This sub-interval within DH461 shows an extremely high-grade silver and silver equivalent concentration, representing a bonanza zone within the revised intercept.

Positive factors

  • Extremely high silver grade (3,353 g/t Ag)
  • Exceptional silver equivalent grade (3,422 g/t AgEq)
  • True width disclosed (0.36 m)
  • Revised and improved grade from previous reporting

Evidence · table

“3,353”

Context: 0.61

Tags used in scoring

Bonanza Interceptpositive

Exceptionally high-grade zone, well above the deposit-type norm.

Why it applies: 3,353 g/t Ag is an exceptionally high-grade silver intercept.

Evidence · table

“3,353”

Context: 0.61

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: Estimated true width of 0.36 m is stated for the intercept.

Evidence · table

“0.36”

Context: 0.61

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Our team is excited to test this zone at depth, as the geometry and grade point to another shoot, reinforcing our strate"

DH461Santa Ana · goldGrade: 0.92Grade Unit: g/tIntercept: 0.61 mView all details
Link to this fact

Identity

Hole ID
DH461
Project
Santa Ana
Commodity
gold
Region
colombia
Reported Region
colombia
Ticker
OCG

Geometry

Grade
0.92
Grade Unit
g/t
Intercept
0.61 m
True Width
0.36 m
From
228.14 m
To
228.75 m
Hole Depth
273.4 m
Intercept Depth
223.48 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
DH461:228.14-228.75
Mining Method
underground

Location

Location
Los Mangos
Easting
501797.955
Northing
556358.119
CRS
UTM system, Zone 18N, and WGS84 projection
Elevation
989.36 m
Azimuth
346 °
Dip
-66 °
Loc. Source
document

QA/QC

Laboratory
Actlabs
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
3422
Metal Eq. Unit
g/t AgEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-07-08T00:00:00.000Z

Reasoning: Gold grade of 0.92 g/t in this sub-interval contributes to the overall high silver equivalent grade in the revised intercept.

Positive factors

  • Gold grade (0.92 g/t Au) contributes to bonanza AgEq
  • True width disclosed (0.36 m)

Evidence · table

“0.92”

Context: 0.61

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 0.36

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Our team is excited to test this zone at depth, as the geometry and grade point to another shoot, reinforcing our strate"

Fact 15Santa Ana · silverGrade: 334Grade Unit: g/tView all details
Link to this fact

Identity

Project
Santa Ana
Commodity
silver
Region
colombia
Reported Region
colombia
Ticker
OCG

Geometry

Grade
334
Grade Unit
g/t

Classification

Sample Type
surface

Location

Location
Los Mangos
Easting
502089
Northing
556636
CRS
UTM system, zone 18N and WGS84 projection
Elevation
770.74 m
Loc. Source
document

QA/QC

Laboratory
Actlabs
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
454
Metal Eq. Unit
g/t AgEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-07-08T00:00:00.000Z

Reasoning: Surface sample 16189 shows a high silver grade, indicating potential mineralization at surface, though grab samples are selective.

Positive factors

  • High silver grade (334 g/t Ag) from surface sample
  • High silver equivalent grade (454 g/t AgEq)

Negative factors

  • Grab samples are selective and may not represent true mineralization

Evidence · table

“334”

Context: 16189

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Our team is excited to test this zone at depth, as the geometry and grade point to another shoot, reinforcing our strate"

Fact 16Santa Ana · goldGrade: 1.6Grade Unit: g/tView all details
Link to this fact

Identity

Project
Santa Ana
Commodity
gold
Region
colombia
Reported Region
colombia
Ticker
OCG

Geometry

Grade
1.6
Grade Unit
g/t

Classification

Sample Type
surface

Location

Location
Los Mangos
Easting
502089
Northing
556636
CRS
UTM system, zone 18N and WGS84 projection
Elevation
770.74 m
Loc. Source
document

QA/QC

Laboratory
Actlabs
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
454
Metal Eq. Unit
g/t AgEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-07-08T00:00:00.000Z

Reasoning: Surface sample 16189 shows a gold grade of 1.60 g/t, contributing to the overall silver equivalent grade.

Positive factors

  • Gold grade (1.60 g/t Au) contributes to AgEq value

Negative factors

  • Grab samples are selective and may not represent true mineralization

Evidence · table

“1.60”

Context: 16189

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Our team is excited to test this zone at depth, as the geometry and grade point to another shoot, reinforcing our strate"

Resource Estimates (2)

indicatedSanta Ana · silverTonnes: 1226000Grade: 614Grade Unit: g/tContained Metal: 24.2Contained Unit: mozHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Santa Ana
Commodity
silver
Region
colombia
Reported Region
Colombia
Ticker
OCG

Resource scope

Estimate type
resource
Effective date
2023-06-08T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
AMC Mining Consultants
Resource group id
resource:f5cb65a78d71cb86245c

Resource Data

Category
indicated
Tonnes
1226000
Grade
614
Grade Unit
g/t
Contained Metal
24.2
Contained Unit
moz

Prior Estimate

Resource Date
2023-06-08

Metal Equivalent

Metal Eq. Grade
614
Metal Eq. Unit
g/t AgEq
Assumptions Disclosed
Yes

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2023-06-08T00:00:00.000Z

Dates

Event date
2025-07-08T00:00:00.000Z

Reasoning: The historical indicated resource estimate for Santa Ana shows significant silver equivalent ounces at a high grade, providing a baseline for the project's potential.

Positive factors

  • Significant indicated resource tonnage and contained metal
  • High silver equivalent grade
  • NI 43-101 compliant

Negative factors

  • Estimate is historical (effective date June 8, 2023)

Evidence · text

“Santa Ana's maiden resource estimate, detailed in the NI 43-101 Technical Report titled "Santa Ana Property Mineral Resource Estimate," dated June 8, 2023 , prepared by AMC Mining Consultants, indicates an estimated indicated resource of 1,226 thousand tonnes containing 24.2 million ounces silver equivalent 1 at a grade of 614 grams per tonne”

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: The estimate reports an indicated resource of 1,226 thousand tonnes.

Evidence · text

“indicated resource of 1,226 thousand tonnes”

NI 43-101 Compliantpositive

Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.

Why it applies: The resource estimate is detailed in an NI 43-101 Technical Report.

Evidence · text

“NI 43-101 Technical Report”

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: The effective date of the resource estimate is June 8, 2023, which is more than 2 years old.

Evidence · text

“dated June 8, 2023”

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

QP/CP Signedpositive

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

inferredSanta Ana · silverTonnes: 966000Grade: 435Grade Unit: g/tContained Metal: 13.5Contained Unit: mozHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Santa Ana
Commodity
silver
Region
colombia
Reported Region
Colombia
Ticker
OCG

Resource scope

Estimate type
resource
Effective date
2023-06-08T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
AMC Mining Consultants
Resource group id
resource:47f276f33f3e8f996b47

Resource Data

Category
inferred
Tonnes
966000
Grade
435
Grade Unit
g/t
Contained Metal
13.5
Contained Unit
moz

Prior Estimate

Resource Date
2023-06-08

Metal Equivalent

Metal Eq. Grade
435
Metal Eq. Unit
g/t AgEq
Assumptions Disclosed
Yes

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2023-06-08T00:00:00.000Z

Dates

Event date
2025-07-08T00:00:00.000Z

Reasoning: The historical inferred resource estimate for Santa Ana indicates additional potential, but its inferred nature and historical date mean lower confidence for economic studies.

Positive factors

  • Significant inferred resource tonnage and contained metal
  • NI 43-101 compliant

Negative factors

  • Estimate is historical (effective date June 8, 2023)
  • Inferred category has lower geological confidence

Evidence · text

“and an inferred resource of 966 thousand tonnes containing 13.5 million ounces at a grade of 435 grams per tonne of silver equivalent 1”

Tags used in scoring

Inferred Resourcenegative

Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: The estimate reports an inferred resource of 966 thousand tonnes.

Evidence · text

“inferred resource of 966 thousand tonnes”

NI 43-101 Compliantpositive

Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.

Why it applies: The resource estimate is detailed in an NI 43-101 Technical Report.

Evidence · text

“NI 43-101 Technical Report”

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: The effective date of the resource estimate is June 8, 2023, which is more than 2 years old.

Evidence · text

“dated June 8, 2023”

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

QP/CP Signedpositive

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

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.