Northwire Canada EditionFriday, October 30, 2026
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Gold 4,033.10 +0.0% Silver 52.06 −0.3% Copper 6.58 −0.2% Oil 102.80 +0.8% Palladium 1,002.00 +0.3% ONAU 0.530 −1.9% WMS 0.075 +0.0% CAD 2.34 −2.5% NGEX 21.53 −1.3% CG 28.52 −3.7% PPX 0.220 −8.3% CS 11.77 −2.1% EMO 0.295 +0.0% IPT 0.225 +0.0% TECK 89.22 +1.3% SLG 5.95 +0.8% FT 0.095 +2.7% SGQ 0.330 +6.5% AUAU 0.440 +6.0% FVL 0.830 −2.4% AYA 34.15 −3.3% Gold 4,033.10 +0.0% Silver 52.06 −0.3% Copper 6.58 −0.2% Oil 102.80 +0.8% Palladium 1,002.00 +0.3% ONAU 0.530 −1.9% WMS 0.075 +0.0% CAD 2.34 −2.5% NGEX 21.53 −1.3% CG 28.52 −3.7% PPX 0.220 −8.3% CS 11.77 −2.1% EMO 0.295 +0.0% IPT 0.225 +0.0% TECK 89.22 +1.3% SLG 5.95 +0.8% FT 0.095 +2.7% SGQ 0.330 +6.5% AUAU 0.440 +6.0% FVL 0.830 −2.4% AYA 34.15 −3.3%
Resource Estimate Routine +

OUTCROP SILVER ANNOUNCES FILING OF NI 43-101 TECHNICAL REPORT AND UPDATED MINERAL RESOURCE ESTIMATE FOR THE SANTA ANA PRIMARY SILVER PROJECT

Outcrop’s NI 43-101 filing confirms the September resource as pilot plant development advances toward the 2027 production target.

By The Northwire Desk — AI Analysis Oct 30, 2026 · 06:45 OCG · 0.27 Outcrop Silver & Gold Corporation
Executive Summary

Outcrop Silver & Gold Corporation (OCG) filed an independent NI 43-101 Technical Report and updated Mineral Resource Estimate (MRE) for its Santa Ana Primary Silver Project in Colombia. The MRE is effective September 10, 2026, and reports an Indicated resource of 29.9 million ounces silver-equivalent (AgEq) at 519 g/t AgEq, and an Inferred resource of 27.9 million ounces AgEq at 368 g/t AgEq.

The company explicitly states there are no material differences between this filed report and the preliminary results disclosed on September 14, 2026. The filing highlights an ongoing 35,000-metre drill campaign aimed at extending known mineralization and testing new targets within the 17-kilometre fully titled corridor. Qualified Persons Alfonso Rodriguez and Warren Black of APEX Geoscience Ltd. prepared the report, reviewed and approved by Carlos Torres, VP of Exploration.

Material Impact

Outcrop Silver & Gold Corporation (OCG) filed a technical report that serves as a procedural confirmation of the resource update announced on September 14, 2026. The contained ounces, grades, and geological model remain identical to those in the prior announcement. The market already absorbed the quantitative resource data in September, and this filing formalizes the technical basis for the Project Argentum pilot plant, which was approved on October 15, as well as the upcoming Preliminary Economic Assessment (PEA).

The news validates the company's development pathway and removes administrative uncertainty, but introduces no new quantitative value or unexpected catalysts. The filing supports the existing development timeline and reinforces the technical credibility of the resource base.

OCG · Price
Company Overview

Outcrop Silver & Gold Corporation (OCG) is advancing its 100%-owned Santa Ana Primary Silver Project in the Tolima Department, Colombia. The project encompasses approximately 28,000 hectares and features a 17-kilometre fully permitted mineralized corridor with a mining heritage dating back to 1585.

The company is transitioning from exploration to early development by launching Project Argentum, an integrated pilot plant and Silver Research and Innovation Center. The pilot plant targets up to 40 tonnes per day production using non-mechanized cut-and-fill mining and cyanide-free processing, with first production targeted for 2027.

The project is classified as one of the highest-grade undeveloped primary silver districts globally, with high recoveries of 96.3% Ag and 98.5% Au, and strong community support.

Read the original news release →

More from Outcrop Silver & Gold Corporation

Oct 21, 2026 · 06:45

Outcrop’s Alaska zone ties to Santa Ana over three kilometres while Cascada returned 1,084 g/t AgEq in a 0.74 metre width.

Drill Results Oct 15, 2026 · 06:45

Outcrop secured PTO for a 40 tpd pilot plant at its project, while an environmental impact assessment remains pending.

Other Sep 14, 2026 · 06:45

Outcrop’s Santa Ana resource expands 23% despite persistent grade dilution and dilution risk.

Resource Estimate Sep 03, 2026 · 07:00

Outcrop’s new Santa Ana shoot and Las Maras depth extend the high-grade silver-gold system at the Santa Ana project.

Drill Results Aug 05, 2026 · 07:00

Outcrop’s high-grade Ag-Au infill at Morena and Aguilar supports a September mineral resource estimate despite absent true widths.

Drill Results Jun 03, 2026 · 06:45

Outcrop Silver identified new high-grade silver veins at Santa Ana, extending the mineralised corridor ahead of its scheduled Q3 resource update.

Drill Results