Ian Harris, President and CEO of Outcrop Silver & Gold Corporation (TSXV: OCG) (OTCQX: OCGSF), joins us to introduce the company, project, team, and financial metrics for this exploration company focused on expanding resources and derisking its flagship Santa Ana high-grade silver project in Colombia.
We start off discussing the Santa Ana Project and the 37 million silver equivalent ounces in place, and that the majority of metals endowment is primary silver with a gold co-credit, as opposed to many silver projects that are really more base-metals dominant. Ian also outlines the derisking work through metallurgical testing that has shown fantastic recovery rates, and points out that they have the trifecta of high metals grades, good recovery rates, and good payables (without many smelter penalties). The key focus this year into next will be showing meaningful growth of the resources at Santa Ana, with the goal to double, and eventually triple the resources in place, before moving into economic studies. The company will be averaging 2,000 meters in drilling per month through the end of the year.
In addition to all the exploration and development work going on at the project, the team behind Outcrop Silver also has a commitment to responsible mining practices and community engagement, underscoring their approach to sustainable development. Ian highlights the strength of the management team and board, and points out that their expertise in navigating complex geological and market conditions enabling them to consistently identify and capitalize on opportunities to enhance shareholder value. With a deep understanding of the Colombian mining landscape and a track record of successful exploration, Outcrop Silver is poised to transform the Santa Ana project into a significant silver producer, contributing positively to the local economy.
If you have any questions for Ian regarding Outcrop Silver & Gold, then please email them in to us at either Fleck@kereport.com or Shad@kereport.com.
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