Outcrop is a high grade silver discovery company, located in Columbia S.A. Grades are among the largest in the world. Outcrop activity is focused on defining the current discovery and expanding the scope of the discovery. Outcrop cost per ounce of silver in the ground is about $2.00. It is estimated that current resource is about $37 million ounces.
Notes
Market Cap is about $68 million – Shares outstanding are around 376.2 million.
10-day average trading vol is about 779,000 – Eric Sprott is a 21 percent owner.
LOTM Perspective: Outcrop is a world class silver discovery. Santa Ana Project size is large at about 12 Kilometers (km) wide and 30 km long. The grades are very high. Columbia is an attractive jurisdiction for mining. The share count is larger than we like. A reverse split is not imminent, but I would expect one at some time in the future. The price at $0.19 and $68 million Mkt Cap is attractive. LOTM consider this a one to four-year buy and accumulate on weakness position. The price goal is to average 100% per year gain over the four years. Opportunities to tax manage by selling higher cost shares when above your average cost per share, and dollar-cost-average buying on price weakness when below your average cost. This is a speculative idea. Stop losses do not work in this situation. This company is subject to share issuance dilution to finance exploration and development. This ideas does not fit with a trading perspective. The goal is long-term capital gains that are more than a double on invested funds.
- Exploring for Silver in Colombia | Outcrop Silver Corp
Published May 17, 2025 Deutsche Goldmesse
15 Minute update from Ian Harris, President, CEO, and Director of Outcrop Silver Corp.
- Outcrop Silver & Gold (OCGSF*) – $12M Drilling to Expand High-Grade Silver Resource
Published about May 20, 2025, Crux Investor
25:30 Minute Interview with Ian Harris, President & CEO of Outcrop Silver & Gold
- Outcrop Silver hits 8.20m of 669g/t Silver Eq
Published in mid-May 2025 by Mining Network
Discussion with Ian Harris about the high grade discovery and plans forward.
BarChart News Flow
- OUTCROP SILVER CONFIRMS CONSISTENT HIGH-GRADE AND WIDER VEIN INTERCEPTS AT GUADUAL NORTH, INCLUDING 1.86 METERS AT 519 G/T SILVER EQUIVALENT Newswire.ca – Wed Jun 4, 2025
- OUTCROP SILVER EXPANDS LOS MANGOS VEIN SYSTEM WITH NEW HIGH-GRADE INTERCEPTS INCLUDING 3.86 METERS AT 621 g/t SILVER EQUIVALENT Newswire.ca – Wed May 14, 2025
Outcrop Silver & Gold Corporation is a Canada-based explorer and developer focused on advancing its flagship Santa Ana high-grade silver project in Colombia.
- The 100% owned Santa Ana project comprises 27,000 hectares, 190 kilometers from Bogota, Colombia. Santa Ana consists of regional scale parallel vein systems across a trend 12 kilometers wide and 30 kilometers long covering a majority of the Mariquita District.
- Its Mallama project comprises 9,036 hectares of titles located in Narino Department.
- The Oribella project comprises 20,000 hectares and is located in Antioquia Department within the Middle Cauca Belt metallogenic province. The Oribella Gold Project lithology includes oceanic domains of deep-water pelagic and turbidite-laminated sediments, and submarine tuffs tectonically juxtaposed against basaltic volcanic rocks.
- The Argelia project comprises 4,355 hectares of applications located in Antioquia Department. It is located approximately 75 kilometers southeast of Medellin.
- Company website: https://outcropsilver.com/
Three year-weekly chart:
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* An account related to LOTM holds a position in this security.
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