Outcrop Consolidates the Historic Mariquita Silver-Gold District Along Strike from the High-Grade Santa Ana Project
Vancouver, British Columbia--(Newsfile Corp. - July 20, 2020) - Outcrop Gold Corp. (TSXV: OCG) (OTC Pink: MRDD.F) (FSE: MRG1) ("Outcrop") is pleased to announce a significant increase in the land position surrounding and along trend from the high-grade silver-gold Santa Ana project, including the consolidation of multiple regional scale, parallel silver-gold belts in the Mariquita District, Colombia. HighlightsSanta Ana land position increased three-fold to over 25,000 hectares New claims cover five regional scale parallel vein systems across a trend...
2020-07-20 4:15 PM EDT
Outcrop Provides an Exploration Update on the High-Grade Silver Santa Ana Project in Colombia
Vancouver, British Columbia--(Newsfile Corp. - July 14, 2020) - Outcrop Gold Corp. (TSXV: OCG) ("Outcrop") is pleased to announce that it has advanced multiple targets at the high-grade silver-gold Santa Ana project in Colombia, including a model for the La Porfia high-grade shoot on La Ivana target. Outcrop has also completed 330 metres in three core drill holes with a fourth hole in progress in the El Paraiso vein at the Megapozo target. Assays for the first holes are expected...
2020-07-14 4:00 PM EDT
Outcrop Gold Intercepts 0.4 Metres of 14.2 Grams Gold per Tonne and 361 Grams Silver per Tonne
Vancouver, British Columbia--(Newsfile Corp. - June 23, 2020) - Outcrop Gold Corp. (TSXV: OCG) ("Outcrop") is pleased to announce the remaining results for phase 2 drilling in La Ivana target on its 100% owned Santa Ana Project in north Tolima, Colombia. Drilling in La Ivana is complete. The drilling in La Ivana was designed to build a good predictive high-grade shoot and vein model for exploration drilling in other targets. Total drilling in La Ivana consists of 2,289 metres...
2020-06-23 5:33 PM EDT
Outcrop Gold Announces Closing of $5.75 Million Private Placement Financing, Including a Strategic Investment by Eric Sprott
Vancouver, British Columbia--(Newsfile Corp. - June 17, 2020) - Outcrop Gold Corp. (TSXV: OCG) ("Outcrop" or the "Company") is pleased to announce that it has closed its previously announced private placement offering of units of the Company (the "Units") pursuant to which the Company issued 20,535,715 Units at a price of $0.28 per Unit, for aggregate gross proceeds of approximately $5,750,000 (the "Offering"), which included the full exercise of the over-allotment option. The Offering was led by Mackie Research Capital...
2020-06-17 9:28 AM EDT
Outcrop Samples 0.6 Metres of 102 Grams Gold and 637 Grams Silver per Tonne in Megapozo Trench, and Expands Land Package
Vancouver, British Columbia--(Newsfile Corp. - June 14, 2020) - Outcrop Gold Corp. (TSXV: OCG) ("Outcrop") is pleased to announce that it has completed this phase of drilling at La Ivana target of the Santa Rosa high grade silver-gold project and is moving the rig to begin testing the Megapozo target. Drilling at La Ivana totaled 2,274 metres of core drilling over 20 holes. Assays for the remaining four holes are expected within the next two weeks.Megapozo is 500 metres south...
2020-06-14 1:53 PM EDT
Outcrop Gold Intercepts 0.4 Metres of 5.4 Grams Gold per Tonne and 1,710 Grams Silver per Tonne
Vancouver, British Columbia--(Newsfile Corp. - June 8, 2020) - Outcrop Gold Corp. (TSXV: OCG) ("Outcrop") is pleased to announce the first drill results from the phase 2 program on its 100% owned Santa Ana Project in north Tolima, Colombia. After mapping and sampling along surface and in historic adits, Phase 1 drilling tested La Ivana target with nine holes with an average downhole intercept length of 0.52 m and a weighted average grade of 21.7 g Au/t and 1,329...
2020-06-08 4:00 PM EDT
Outcrop Gold Confirms High Grade Gold & Silver Megapozo Target at Santa Ana
Vancouver, British Columbia--(Newsfile Corp. - June 3, 2020) - Outcrop Gold Corp. (TSXV: OCG) ("Outcrop") is pleased to provide an update on exploration at the Santa Ana high-grade silver-gold project located in Colombia. Detailed geological mapping, trenching and soil sampling is successfully identifying drill targets in new areas. This work is revealing vein outcrops and coarse in-situ vein rubble in the El Dorado target and the Morales target to the west and south of La Ivana drilling. Photos 1...
2020-06-03 4:00 PM EDT
Outcrop Gold Announces $5 Million Private Placement Fully Allocated
Vancouver, British Columbia--(Newsfile Corp. - June 2, 2020) - Outcrop Gold Corp. (TSXV: OCG) ("Outcrop") is pleased to announce that the brokered private placement of units ("Units") announced this morning with Mackie Research Capital Corp. ("Lead Agent") as lead agent and sole book runner, along with Eventus Capital Corp. (together with the Lead Agent, "Agents") at a price of $0.28 per Unit ("Offering Price") for gross proceeds of $5,000,000 ("Offering") is oversubscribed, fully allocated and the books are closed.Mr....
2020-06-02 5:47 PM EDT
Outcrop Gold Provides Update on Santa Ana Exploration and Drilling
Vancouver, British Columbia--(Newsfile Corp. - May 20, 2020) - Outcrop Gold Corp. (TSXV: OCG) ("Outcrop") is pleased to provide an update on exploration and current drilling in progress at the Santa Ana high-grade silver-gold project located in Colombia."It is very encouraging to see significant amounts of coarse vein-boulders on soil lines where veins were projected between workings. Whereas previously the El Dorado vein zone had been only projected - it is now clearly mappable where soil lines consistently encounter...
2020-05-20 12:41 PM EDT
Outcrop Gold Commences Phase 2 Drill Program at Santa Ana
Vancouver, British Columbia--(Newsfile Corp. - May 5, 2020) - Outcrop Gold Corp. (TSXV: OCG) ("Outcrop") is pleased to announce that drilling has resumed at the Santa Ana high-grade silver-gold project located in Colombia. This Phase 2 program will define the La Ivana mineralized zone to depths of 300 metres in order to build an ore-shoot and vein model and then enter a stage of more widespread drilling on nine targets with a potential cumulative strike length of 10 kilometers. Extensive...
2020-05-05 5:00 AM EDT
Outcrop Gold to Commence Phase 2 Drill Program at Santa Ana
Vancouver, British Columbia--(Newsfile Corp. - April 21, 2020) - Outcrop Gold Corp. (TSXV: OCG) ("Outcrop") is pleased to announce that exploration work has resumed at the Santa Ana high grade silver project located in Colombia. Aggressive target advancement including mapping, soil sampling and trenching with several teams is already underway. The Phase 2 drill program will commence on April 28th, 2020.Mineral exploration activities have been deemed as essential businesses and received exemptions to operate from the national government of Colombia.[1]...
2020-04-21 5:00 AM EDT
Outcrop Gold Provides Corporate Activity Update Relating to COVID-19
Vancouver, British Columbia--(Newsfile Corp. - April 7, 2020) - Outcrop Gold Corp. (TSXV: OCG) ("Outcrop") advises that the planned Phase 2 drilling campaign on the 100% owned Santa Ana Project in North Tolima, Colombia, has been temporarily delayed due to the Colombian government decision to restrict travel within Colombia during the current COVID-19 crisis. Currently travel restrictions are in place until April 13, 2020 - but may be extended. All Outcrop employees and contractors are working at home....
2020-04-07 5:00 AM EDT
Outcrop Gold Intercepts 0.61 Metre of 29 Grams Gold per Tonne and 1,675 Grams Silver per Tonne at Santa Ana
Vancouver, British Columbia--(Newsfile Corp. - March 2, 2020) - Outcrop Gold Corp. (TSXV: OCG) ("Outcrop") is pleased to announce further drilling results on its 100% owned Santa Ana Project in north Tolima, Colombia from an additional five holes in the Porfia vein of the Ivana vein system. Eight of nine holes reported have provided significant high grade mineralization. Most recent highlights include:0.61 metre of 29.0 grams gold per tonne and 1,675 grams silver per tonne 0.58 metre of 36.2 grams...
2020-03-02 12:32 PM EST
Outcrop Gold closes private placement
Vancouver, British Columbia--(Newsfile Corp. - February 27, 2020) - Outcrop Gold Corp. (TSXV: OCG) further to the 10,000,000 Unit non-brokered private placement (the "placement") announced February 21, 2020 and February 26, 2020 the Company wishes to additionally disclose that 600,000 Units was issued to Mackie Research Capital Corporation as a Finder's Fee in connection to the placement. Each Unit consists of one common share and one common share purchase warrant (a "Warrant") in the capital of the Company. Each...
2020-02-27 4:15 PM EST
Outcrop Gold closes private placement with strategic investor Eric Sprott
Vancouver, British Columbia--(Newsfile Corp. - February 26, 2020) - Outcrop Gold Corp. (TSXV: OCG) is pleased to announce that it has raised a total of $1,000,000 CDN through a non-brokered private placement (the "placement") consisting of 10,000,000 Units at a price of $0.10 CDN per Unit. Each Unit consists of one common share ("Common Share") and one common share purchase warrant ("Warrant"). Each Warrant entitles the holder to acquire one Common Share at a price of $0.20 until November...
2020-02-26 5:06 PM EST
Strategic Investor Eric Sprott Takes $1,000,000 Stake in Outcrop Gold
Vancouver, British Columbia--(Newsfile Corp. - February 21, 2020) - Outcrop Gold Corp. (TSXV: OCG) ("Outcrop" or the "Company") is pleased to announce that following the release of favorable drill results from its Santa Ana project that Eric Sprott has taken a stake in the Company through a non-brokered private placement financing (the "Placement"), consisting of 10,000,000 units (the "Units") at a price of $0.10 per Unit for gross proceeds of $1,000,000. Each Unit consists of one common share and one...
2020-02-21 12:45 PM EST
Outcrop Gold Discovers New High Grade Vein System Including Drilling 1.0 Metre of 21 Grams Gold per Tonne and 4,608 Grams Silver per Tonne at Santa Ana
Vancouver, British Columbia--(Newsfile Corp. - February 18, 2020) - Outcrop Gold Corp. (TSXV: OCG) ("Outcrop") is pleased to announce the discovery of a new high grade gold and silver vein system, La Ivana, on its 100% owned Santa Ana Project in Tolima, Colombia. La Ivana has never before been drilled and each of the first four holes has intercepted significant mineralization, with highlights including:DH03 - 0.5 metre of 58.1 grams gold per tonne and 876 grams silver per tonneDH03 -...
2020-02-18 5:00 AM EST
Outcrop Gold Samples 0.7 Metres of 21 Grams Gold per Tonne and 303 Grams Silver per Tonne at Santa Ana
Vancouver, British Columbia--(Newsfile Corp. - February 12, 2020) - Outcrop Gold Corp. (TSXV: OCG) ("Outcrop") is pleased to announce channel sample results and provide an update on the current drill program underway on its high-grade silver-gold Santa Ana project in northern Tolima department, Colombia.Santa Ana is a Spanish colonial-era silver district-famous for its high-grade silver mines and greater than one-hundred-year production history. Outcrop is currently drilling the La Ivana target which contains three of the 14 historic mines on the...
2020-02-12 5:00 AM EST
Outcrop Gold Closes Acquisition of Santa Ana Silver Project
Vancouver, British Columbia--(Newsfile Corp. - January 27, 2020) - Outcrop Gold Corp. (TSXV: OCG) ("Outcrop" or the "Company") is pleased to announce that it has closed the acquisition of the Santa Ana Silver Project (the "Property"), pursuant to a share purchase agreement (the "Agreement") with Cedar Capital Corporation ("Cedar"), as previously announced in news releases dated May 14, 2019, October 30, 2019 and December 18, 2019 (the "Transaction").Pursuant to the Agreement, the Company acquired all of the issued and outstanding...
2020-01-27 5:00 AM EST
Outcrop Gold Drills Multiple Veins on Santa Ana
Vancouver, British Columbia--(Newsfile Corp. - December 18, 2019) - Outcrop Gold Corp. (TSXV: OCG) ("Outcrop" or the "Company") is pleased to provide an update on due diligence drilling on its Santa Ana project.The Santa Ana acquisition was approved by 97% of Outcrop shareholders at its AGM on Tuesday, December 17, 2019. The acquisition is now subject only to TSXV approval. Outcrop will finish this due diligence drill-hole and will continue to drill after the holidays subject to TSXV approval.This first...
2019-12-18 12:49 PM EST