Outcrop Silver(TSXV:ocg:ocg)

Outcrop Silver is a Canadian company actively exploring for precious metals in Colombia, with offices in Vancouver and Medellin.

Investor website: https://outcropsilver.com/

About

Outcrop Silver is a Canadian company actively exploring for precious metals in Colombia, with offices in Vancouver and Medellin. It is advancing the Santa Ana high-grade silver deposit and holds three gold exploration projects with significant discovery potential. The company is listed on the Toronto Stock Exchange (TSX: OCG), OTCQX (OCGSF), and in Germany (DB: MRG1).

Verified company data

Cash position
$28M (October 3rd, 2025)
Shares outstanding
463166909
Fully diluted shares
581576322
Mineral resource
Santa Ana Maiden Resource Estimate (MRE) – April 2023 | **Classification** | **Tonnes (Kt)** | **Average Grade** | **Contained Metal** | | --- | --- | --- | --- | | | | AgEq<br>(g/t) | Ag<br>(g/t) | Au<br>(g/t) | AgEq<br>Koz | Ag<br>Koz | Au<br>Koz | | **Total Indicated** | 1,226 | 614 | 446 | 2.3 | 24,187 | 17,567 | 88.8 | | **Total Inferred** | 966 | 435 | 312 | 1.6 | 13,504 | 9,677 | 50.9 |
Projects
["Santa Ana\n\n| Snapshot |\n| --- |\n| Location | Falan, Tolima Department, Colombia |\n| Ownership | 100% owned |\n| Deposit Type | Composite mesothermal – epithermal veins |\n| Primary Minerals | Silver and Gold |\n| Stage | Advanced Exploration |\n\nThe 100% owned Santa Ana project comprises over 27,697 hectares, 6,475 ha titled in the northern Tolima Department. The Santa Ana project is readily accessible by a combination of paved roads, and is located approximately 15 km southeast of the town of Mariquita and 190 km from Bogota.\n\nThe Santa Ana project consists of over twenty mapped or projected vein systems across a trend 12 kilometres wide and 30 kilometres long. Cumulatively, over 60 kilometres of mapped and inferred vein zones occur on the Santa Ana project.\n\nThe Santa Ana project covers a significant part of the Mariquita District where mining records date to at least 1585. Historically, the region is famous for producing native gold from unconsolidated sediments and underground mines. Following the Spanish Conquest, more formal mining commenced, with extraction of gold and, more importantly, silver specifically around the town of Falan to the north.\n\nThe Mariquita District is the highest-grade primary silver district in Colombia, with historic silver grades reported to be among the highest in Latin America. The Frias Mine on the south-central part of the project, 12 kilometres south of the Royal Santa Ana Mines produced 7.8 million ounces of silver post-production in the Spanish colonial era at a recovered grade of 1.3 kg Ag/t. The Frias Mine is considered an analogue to Outcrop’s Santa Ana project.\n\nQuartz veins with variable amounts of carbonates containing sphalerite, galena, pyrite and silver sulfosalts conform the mineral deposits of Santa Ana. The veins dip either at low or high angle and have predominant strikes of NNE-SSW, NE-SW and NW-SE. Known structures can run for more than 2 km and host high-grade silver-gold shoots with some minor credits of lead and zinc. The host lithology is competent green or black schists of the Cajamarca Formation; the same metamorphic belt that hosts porphyry mineralization at La Colosa approximately 80 km SSW.\n\nOutcrop has conducted exploration drilling on approximately 30% of its titled surface, completing more than 600 diamond drill holes that have led to the discovery and mineral resource definition in thirteen mineralized vein systems within ~10 km of the historic Santa Ana mines vein system. Regional exploration work has led to the definition of additional drilling targets that are being prioritized and have yet to be drill tested.\n\nDrilling is currently ongoing. For more details, see the [Corporate Presentation.](https://outcropsilver.com/investors/presentations/)\n\nOutcrop Silver has made notable strides in metallurgical testing, enhancing the recovery of silver and gold, and ensuring environmental responsibility.\n\nFlotation and Gravimetric Highlights:\n\nTogether with the gravimetric concentration, flotation tests achieved outstanding recovery rates of 96.3% for silver and 98.5% for gold in metallurgical testing conducted in 2024. The resultant high-quality concentrate boasts 4,187 grams per tonne of silver and 52.1 grams per tonne of gold, with low base metal presence, demonstrate the potential to produce a high value precious metals concentrate that is expected to have high precious metals payability. For more details, see the see news release dated [June 25, 2024](https://outcropsilver.com/news/outcrop-silver-achieves-exceptional-recovery-of-96.3-silver-and-98.5-gold-in-updated-metallurgical-testing-at-santa-ana/).\n\nThis streamlined approach reflects Outcrop Silver’s commitment to improving efficiency and profitability at Santa Ana, while adhering to industry best practices and environmental standards."]
Leadership
Rob Bruggeman (Chief Executive Officer and Director, Rob Bruggeman has served as a Director of AbraSilver Resource Corp. since 2018 and was Chairman until September 2025. He brings over 15 years of experience in the mining sector, focusing on corporate development, capital markets, and strategic planning. He holds a Bachelor of Engineering & Management from McMaster University and an MBA from the Schulich School of Business at York University.), Robert Scott (Chief Financial Officer, Mr. Scott is an accomplished professional with 20+ years of experience in accounting, corporate compliance, and corporate finance. He is a CPA, CA, and a CFA Charterholder.), Carlos Torres (VP Exploration, Carlos Torres is an accomplished geologist with over 20 years of experience in exploration and mining, most recently serving as Vice President of Exploration at Sun Valley Investments in Colombia. He holds a Master's in Applied Economic Geology from Queen's University.), Melissa Martensen (Corporate Secretary, Melissa Martensen is an experienced administrator with over 12 years as a corporate secretary in junior mining companies. She graduated with a degree in finance from UNBC.), Thyana Alvarez (VP Corporate Relations & Country Manager, Ms. Alvarez is a social leader with over 20 years of experience in Corporate Social Responsibility and Stakeholder Management. She was named one of Colombia's most influential women in 2024.

Verified data last updated: 2026-07-03

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