Outcrop Silver & Gold Corp Boosts Santa Ana Project with New Drill Rig for Exploration
- Outcrop Silver & Gold Corp adds a third drill rig to accelerate exploration at the Santa Ana silver project in Colombia.
- The company completed over 12,300 metres of drilling, exceeding its target and focusing on resource expansion.
- Outcrop aims to enhance its resource base while committing to sustainable practices and community engagement in Colombia.
Outcrop Silver & Gold Corp Accelerates Exploration with New Drill Rig at Santa Ana Project
Outcrop Silver & Gold Corporation announces the addition of a third drill rig to its flagship Santa Ana high-grade silver project in Colombia. This strategic move aims to accelerate discovery drilling beyond the ongoing 24,000-metre resource expansion program, which is fully funded, on time, and on budget. As of June 23, 2025, the company has successfully completed over 12,300 metres of drilling, achieving 107% of its forecasted target. The current drilling efforts focus on expanding the resource base and integrating newly discovered veins, with a mineral resource update anticipated in Q1 2026.
The decision to deploy an additional drill rig is propelled by the positive resource drilling results and the recent acquisition of 170 new land-use agreements in the first half of 2025. This significant achievement surpasses the total of 113 agreements secured throughout 2024, reflecting the company’s commitment to expanding its operational footprint. The new rig will target high-priority areas within Santa Ana's extensive 17-kilometre corridor, including historically significant sites like Frias. This targeted approach is designed to foster a pipeline of new discoveries that align with Outcrop Silver’s long-term growth strategy.
The Santa Ana project, encompassing 27,000 hectares, is recognized as the largest and highest-grade primary silver district in Colombia. A maiden resource estimate reveals an impressive 1,226 thousand tonnes containing 24.2 million ounces of silver equivalent at an extraordinary grade of 614 grams per tonne. Outcrop Silver remains dedicated to sustainable mining practices, community engagement, and enhancing shareholder value through strategic exploration initiatives. The leadership team emphasizes the importance of a robust exploration strategy as the company seeks to capitalize on the rich mineral potential of the Santa Ana project.
In addition to the drilling activities, Outcrop Silver & Gold Corp focuses on building strong relationships with local communities, ensuring that their operations contribute positively to the region. The company’s commitment to sustainable practices and responsible mining positions it favorably within the industry, as it navigates the complexities of mining in Colombia's rich mineral landscape.
With the expansion of its drilling capabilities and the successful acquisition of land-use agreements, Outcrop Silver is well-positioned to enhance its resource base and drive future growth in the silver sector.
