The 100% owned Santa Ana project comprises 36,000 hectares located in northern Tolima Department, Colombia, 190 kilometres from Bogota. Comparison to control samples and their standard deviations indicates acceptable accuracy of the assays and no detectible contamination. Multi-element geochemistry is determined by ICP-MS using either aqua regia (ME-MS41) or four acid (ME-MS61) digestion. The samples are analysed for gold using standard fire-assay on a 50-gram sample with a gravimetric finish. In line with QA/QC best practice, approximately three control samples are inserted per twenty samples (one blank, one standard and one field duplicate). Collar and survey table for holes reported in this release.Ĭore samples are sent to either Actlabs in Medellin or ALS Chemex in Medellin for preparation and then to ALS Chemex in Toronto or Lima, Peru for analysis. The Frias Mine has recorded production of 7.8 million ounces of silver at 1.3-kilogram silver per tonne recovered grade and prospecting and other surface exploration has been initiated in this important target. Intersecting northeast and northerly trending veins may provide a more resolved target for higher grades and may be a feature of the 100% owned Frias Mine 10 kilometres to the south. Las Maras target extends for over 150 metres along surface and is open to the north and south. Las Penas vein is the area of focus and extends from surface at a high angle to at least 120 metres where it continues at depth. Locally Las Maras shows abundant native silver and electrum and up to 25% sulfide of combined pyrite, sphalerite and galena. Drilling is near the intersection of the north-northeast trending Maras vein set and the northeast trending Las Peñas vein set. Las Maras shows an average intercept width of 2.2 metres and a weighted average grade of 1,909 silver equivalent grams per tonne from significant assays to date from six drill-holes. Also prioritized targets are being generated and drilled within an area twice the scale of that drilled on to date." "We have eleven high-grade shoots that accumulate over 2.8 kilometres length of potential resource areas to include in a compliant resource before the end of 2022. Outcrop believes this is an indicator of significant upside to the quality of discoveries on Santa Ana," comments Joseph Hebert, Chief Executive Officer. "The results from Las Maras provide our best drill intercepts in terms of both thickness and grade to date on the Santa Ana project. Veins are inferred to widen as drilling moves south in the system which is open to the Frias and Porvenir mines, 10 and 15 kilometres to the south respectively.New Las Maras shoot is the eleventh shoot discovered at Santa Ana and is a kilometre step out south from the San Antonio shoot along the Royal Santa Ana vein system.4.69 metres of 909 grams equivalent silver per tonne intercepted.1.85 metres of 7,609 grams equivalent silver per tonne, including 0.54 metres of 11,927 grams equivalent silver per tonne intercepted.