Outcrop Silver & Gold Corporation provide an update on its regional exploration and target generation program on its 100% owned Santa Ana high-grade silver project in Colombia. Outcrop continues to generate and advance new vein targets through its regional generation program along the 8.5 kilometre structural corridor in the central sector of the Santa Ana project between the current drilling to the north and the Frias mine to the southwest. Outcrop now has a total of nine priority targets ready to drill in this area.

Several more areas are being advanced as targets through further detailed work. Over 18 kilometres of potential vein zones have been identified, each consisting of multiple veins within an area 2 to 3 kilometres wide. Highlights: Up to 39.73 grams gold per tonne and 3,477 grams silver per tonne (6,307 grams equivalent silver per tonne) and 16.20 grams gold per tonne and 2,296 grams silver per tonne in vein float samples at Las Lajas target; 10.98 grams gold per tonne of reported at the Cavadia target in a channel sample from vein outcrop.

Cavadia appears to contain gold-biased mineralization; Up to 3,203 and 2,030 grams silver per tonne in vein float samples returned at the Topacio target; Up to 19.51 and 18.47 grams gold per tonne and 4,259 and 3,712 grams silver per tonne from additional samples from the Aguilar vein; Target generation and ongoing prospecting show that the Frias and Aguilar veins are components of a more significant vein zone up to 3 kilometres wide containing multiple parallel veins. Lajas and La Ye, and Frias, La Topacio, and Los Mangos respectively, outline two of these broader vein zones; Cumulative resource vein lengths are less than 30% of cumulative prospective vein lengths, suggesting an incredibly significant upside for potential resource areas. Recent generative prospecting and exploration activities have been focused on two sectors along an 8.5-kilometre trend within the central Santa Ana project.

The Las Lajas vein system is subparallel to the Aguilar-Guadual vein system. The Cavadia vein represents the continuity of the Aguilar-Guadual vein system to the south and potentially continues to the Topacio vein to the southwest. Lajas target The Lajas target comprises a series of outcrops and vein float forming a well-defined north-northeast surface trace 750 metres long.

The Lajas target could represent lateral continuity to the southwest from La Isabela vein, a distance of over 2 kilometres. Assays from quartz vein float show up to 39.73 grams of gold per tonne and 3,477 grams of silver per tonne and 16.20 grams of gold per tonne and 2,296 grams of silver per tonne. The Lajas target shows low base metal and high silver and gold values, potentially indicating a favorable metal zonation in this part of the Santa Ana vein system.

Cavadia and Topacio targets The Cavadia and Topacio targets were generated through regional geologic mapping. A surface trace of three kilometres is mapped suggesting Topacio and Cavadia are part of a larger parallel vein zone. Cavadia shows values from vein outcrop and related float up to 10.98 and 8.68 grams of gold per tonne.

Topacio shows values up to 3,203 and 2,030 grams of silver per tonne. Aguilar Vein Targets Exploration of the Aguilar vein extends its lateral continuity in outcrop and float 500 metres to the to the southwest, to a total of two kilometres with the Aguilar, Jimenez and Guadual targets identified. The Aguilar vein is notable for local vein boulders up to 4.7 metres wide and veins over 2 metres wide in outcrop.

Numerous historic workings within a large area along the Aguilar vein are inferred to be an unreported Spanish Colonial era mining attracted to the extremely high-grade silver and gold along the Aguilar vein.