Outcrop Silver intercepts high-grade shoot at Santa Ana, extends results at Las Maras

Canada NewsWire

Santa Ana Ore Shoot Intercept of 9.16 m Grading 188 g/t AgEq 1 (127 g/t Ag & 0.70 g/t Au); Las Maras Drilling Intercept of 2.86 m Grading 2,214 g/t AgEq (1,760 g/t Ag & 5.14 g/t Au)

VANCOUVER, BC , Sept. 3, 2026 /CNW/ -- Outcrop Silver & Gold Corporation (TSX: OCG) (OTCQX: OCGSF) (DE: MRG) ("Outcrop Silver" or the "Company") is pleased to announce assay results from recent drilling at the Santa Ana structure and the Las Maras target, within the Company's flagship Santa Ana Project in Colombia. At Santa Ana, the Company has identified a new mineralized ore shoot, designated "Shoot 7," within an interpreted structural swell along the Santa Ana structure, consistent with a spacing of approximately 300 to 400 metres (" m ") observed between previously identified shoots along strike. At Las Maras, drilling designed to test the down-dip continuity of this near-vertical shoot returned high-grade results in hole DH637, together with additional results confirming mineralization within splay structures along the hanging wall of Las Maras.

Highlights

Structural model successfully predicted a new ore shoot: Hole DH648 intersected 9.16 m (5.28 m estimated true width ("ETW")) grading 127 g/t Ag and 0.70 g/t Au (188 g/t AgEq), including 0.40 m grading 1,930 g/t Ag and 8.65 g/t Au (2,693 g/t AgEq), confirming "Shoot 7" – an ore shoot targeted using the Company's structural model for 300 to 400 m shoot spacing along the Santa Ana structure.

High-grade results confirmed at two separate targets in the same program: Hole DH652 intersected 0.30 m (0.22 m ETW) grading 5,196 g/t Ag and 8.51 g/t Au (5,947 g/t AgEq) at Santa Ana, and hole DH637 intersected 2.86 m (2.30 m ETW) grading 1,760 g/t Ag and 5.14 g/t Au (2,214 g/t AgEq) at Las Maras, including 0.51 m (0.41 m ETW) grading 4,185 g/t Ag and 15.27 g/t Au (5,533 g/t AgEq).

High-grade splay struct