Northwire Canada EditionWednesday, August 26, 2026
Northwire
GOLD 4643.90 −1.1% SILVER 68.02 −1.0% COPPER 6.60 −3.2% OIL 81.80 −0.7% PALLADIUM 1328.00 −1.6% MINK 0.110 +0.0% CNRI 0.170 +0.0% QRO 0.045 +0.0% PPM 0.015 +0.0% COR 0.400 +0.0% ATX 2.78 −1.8% CYG 0.165 +6.5% GR 0.070 +0.0% CRB 0.050 +0.0% GMX 2.13 +1.4% ADG 0.500 +0.0% GSKR 3.46 −6.0% KG 0.165 +0.0% NVX 0.590 +1.7% EDCU 0.550 +1.9% FFM 1.83 −2.1% GOLD 4643.90 −1.1% SILVER 68.02 −1.0% COPPER 6.60 −3.2% OIL 81.80 −0.7% PALLADIUM 1328.00 −1.6% MINK 0.110 +0.0% CNRI 0.170 +0.0% QRO 0.045 +0.0% PPM 0.015 +0.0% COR 0.400 +0.0% ATX 2.78 −1.8% CYG 0.165 +6.5% GR 0.070 +0.0% CRB 0.050 +0.0% GMX 2.13 +1.4% ADG 0.500 +0.0% GSKR 3.46 −6.0% KG 0.165 +0.0% NVX 0.590 +1.7% EDCU 0.550 +1.9% FFM 1.83 −2.1%
Drill Results Routine +

OUTCROP EXPANDS AGUILAR VEIN SYSTEM WITH NEW HIGH-GRADE SILVER INTERCEPTS

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

Executive Summary
  • Outcrop Silver & Gold Corporation announced high-grade silver intercepts from recent drilling at the Aguilar target within its 100% owned Santa Ana Project in Colombia.
  • Drilling confirmed the continuity of the principal Aguilar and Aguilar N structures and successfully intersected two new high-grade mineralized structures, Aguilar NEW and Aguilar NEE, in the northern sector.
  • The principal Aguilar structure has now been traced continuously for approximately 1.6 km along strike.
  • Key intercepts include 0.60 m ETW @ 1,660 g/t AgEq, 0.80 m ETW @ 1,405 g/t AgEq, and 0.76 m ETW @ 1,157 g/t AgEq.
  • Highest grade interval reported: 0.23 m ETW grading 2,820 g/t AgEq (2,264 g/t Ag & 6.3 g/t Au).
  • Internal high-grade intervals consistently exceed 1,800 g/t AgEq across multiple holes.
  • Southern extension step-out drilling confirmed structural continuity but returned no significant mineralized intercepts.
  • Results will be integrated into the next mineral resource estimate (MRE) update, which is now targeted for Q3 2026.
  • Maiden resource estimate (June 2023) defined 1,226 kt Indicated @ 614 g/t AgEq and 966 kt Inferred @ 435 g/t AgEq.
Material Impact
  • The news represents a standard, incremental step in the company's ongoing 35,000 m drilling campaign. It confirms geological continuity and adds to the high-grade footprint ahead of the anticipated Q3 2026 MRE.
  • The results are fully in line with previous management guidance and the trajectory established throughout 2025 and early 2026. No unexpected discoveries or paradigm shifts are present.
  • The delay of the MRE to Q3 2026 (announced in May 2026) remains the primary near-term catalyst. This drilling update simply feeds the model; it does not materially alter the timeline or the company's capital requirements.
  • Given the market's prior pricing of the Santa Ana corridor expansion and the recent TSX graduation, this announcement is expected to be absorbed as routine exploration progress rather than a market-moving event.
OCG · Price
Company Overview
  • Outcrop Silver & Gold Corporation is a pre-revenue junior explorer focused on its 100% owned Santa Ana Project in Colombia's Mariquita District.
  • The project spans 28,000 hectares and features a fully permitted 17-km mineralized corridor with six confirmed vein systems: Aguilar, Jimenez, La Ye, Los Mangos, Guadual, and Morena.
  • The district is recognized as the largest and highest-grade primary silver district in the region, with historical mining records dating back to 1585.
  • Metallurgical testing has demonstrated excellent recoveries (96.3% Ag, 98.5% Au) and successful sensor-based ore sorting, which could lower processing costs and environmental impact.
  • The company graduated to the Toronto Stock Exchange (TSX) in November 2025 and is actively pursuing a U.S. exchange listing to broaden its investor base.
Read the original news release →

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