Outcrop expands Aguilar vein system with new silver intercepts

Canada NewsWire Drilling of northern extension intercepts 0.80 m (ETW) of 1,405 g/t AgEq (1,140 g/t Ag & 3.0 g/t Au), including 0.23 m of 2,820 g/t AgEq (2,264 g/t Ag & 6.3 g/t Au) VANCOUVER, BC , June 3, 2026 /CNW/ - Outcrop Silver & Gold Corporation (TSX: OCG) (OTCQX: OCGSF) (DE: MRG) ("Outcrop Silver") is pleased to announce assay results from recent drilling results at the Aguilar target, further improving the geological understanding of one of the most advanced vein systems within the Company's Santa Ana Project in Colombia. Drilling confirmed the continuity of both the principal Aguilar and Aguilar N structures and returned high-grade intercepts from two additional mineralized structures, Aguilar NEW and Aguilar NEE, in the northern sector of the target. Locally mineralized splay structures were also intersected during drilling, providing additional information on the structural controls on silver mineralization.

Drilling completed in the southern extension successfully confirmed the continuity of the principal Aguilar structure, although no significant mineralized intercepts were returned from the step-out holes. Highlights Aguilar NEW returned multiple high-grade intercepts, including 0.60 metres ("m") estimated true width ("ETW") grading 1,660 g/t silver-equivalent 1 ("AgEq") in DH621, 0.80 m ETW grading 1,405 g/t AgEq in DH604, and 0.76 m ETW grading 1,157 g/t AgEq in DH568 . Aguilar N returned high-grade intercepts including 0.49 m ETW grading 1,374 g/t AgEq in DH596 and 1.27 m ETW grading 716 g/t AgEq in DH592, supporting continuity of mineralization along the northern sector of the target.

Drilling intersected several mineralized secondary structures and splays, providing additional information on the structural controls of silver mineralization within the Aguilar system. Step-out drilling in the southern extension confirmed the continuity of the principal Aguilar structure, altho