Outcrop Silver & Gold Corporation

OCG

Outcrop Silver & Gold Corporation engages in the acquisition and exploration of mineral properties in Colombia. It primarily explores for gold, silver, and copper deposits. The company's flagship property is the Santa Ana project covering an area of approximately 25,000 hectares located in northern Tolima Department, Colombia. The company was formerly known as Outcrop Gold Corp. and changed its name to Outcrop Silver & Gold Corporation in June 2021. Outcrop Silver & Gold Corporation was founded in 1993 and is headquartered in Vancouver, Canada.

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Information

Key Information

Legal Entity

Outcrop Silver & Gold Corporation

Sector

Precious Metal

Founded

August 8, 1996

Employees

Reporting Currency

CAD

Contact Phone

775 340 0450

Website

outcropsilverandgold.com

Headquarters Address

1111 West Hastings Street , Vancouver , BC V6E 2J3 , CA

Identifiers

ISIN

CA69002Q1054

Commodity Portfolio

AG Silver Primary

AU Gold Byproduct

Stock Exchanges

OCG TSX • CAD

OCG:TSE

OCGSF OTC • USD

OCGSF:OTCMKTS

Organization

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Videos

Outcrop Silver is Building Colombia’s Highest-Grade Primary Silver Project

CEO.CA

7 days ago 5:37

Key Highlights

detailed

The CEO expects to release the Santa Ana preliminary economic assessment in Q1 2027, covering NPV, cash flow, initial capital, and a staged, phased build.
Santa Ana is primary silver, about three-quarters silver and one-quarter gold, in narrow veins the CEO says run from 500 meters to 2 kilometers with very good continuity.
Most mineralization sits within about 300 meters of the surface, which the CEO says makes underground access easy and lets miners target the high grade.
The current resource covers 13 vein systems over a 17-kilometer vein span, with about a dozen more identified targets that the CEO says offer resource growth potential.
The site is near a town, a paved highway, and power infrastructure, so the CEO says the company can start small and ramp up, with staged permitting that begins with a small pilot plant approved under the PTO technical plan.

Santa Ana's narrow veins show strong continuity, running 500 metres to 2 kilometres, with most mineralization within 300 metres of surface. A preliminary economic assessment (PEA — a study of whether a project can be mined profitably) lands in Q1, built around a staged mine plan. Management calls development the top priority because it is cheaper than exploration growth and drives the stock's revaluation. Proximity to a town, highway, and power lets Santa Ana start small and ramp up; Colombia's staged permitting (pilot plant, then expansions) speeds approvals. With C$14 million cash, 13 vein systems defined, and a 17-kilometre district-scale vein field, Outcrop plans to grow resources while advancing toward production.

Axo Metals Targets First Gold on the Pad in Late 2027

Mining Network

10 days ago 14:25

A roughly C$7 million all-stock purchase handed Axo Metals a permitted past-producing gold site that is already about 70% built. The guest says permitting, not geology, stalled the project: he got SEMARNAT approval in six months, versus one to one-and-a-half years typical. Engineering finishes in 2026, construction starts early 2027, and first gold is stacked on the pad in late 2027. Step-out drilling 800 metres beyond the resource cut 47 metres of oxide at 1.4 g/t gold, and oxide growth is the cheapest path. A PEA lands early 2027; the guest expects debt funding for a build in the tens of millions, with oxide gold self-funding a later mill.

Grant Williams: Gold, Bonds and Bessent

Mining Network

14 days ago 25:13

Key Highlights

detailed

In a sponsored segment, the video says the Santana project has a clear pathway to more than 100 million high-grade silver-equivalent ounces within discovered veins and exploration targets.
The segment ranks Santana among the highest-grade primary silver projects globally and says a recent updated MRE substantially increased resources.
Initial metallurgical testing delivered recoveries over 96% and a clean concentrate via a simple gravity and flotation circuit that requires no cyanide, and the company is advancing toward a PEA to support a rapid development timeframe.
The segment cites strong local community support and a newly elected pro-mining national government around the project in Colombia's Telemu region, along with existing infrastructure including paved road access, power lines, and available water.
The segment frames the silver market as in its sixth consecutive year of structural deficit, with rising demand from solar, EVs, electronics, and AI now amplified by monetary demand as investors diversify away from debt holdings.

Williams argues gold's sideways price misses the point: central-bank buying and repatriation (countries demanding their gold back) show its monetary role rising. Family offices now buy gold out of perceived necessity, not valuation; Williams says that scramble for ownership, not price, ultimately drives the move. Low rates, if they return, mean either a deflationary slump or yield curve control (capping bond yields, Japan-style), not a clean return to normal. After 20 years of debt and zero rates, policymakers are past the exits; of growth, inflation, and default, inflation is the path being chosen. Bessent's 'I am the house' Treasury remarks and Trump's $5,000 dividend pledge signal weakness to Williams, who expects financial repression (forced buying of government debt).

Borealis Is Mining. Guidance Comes Next | Kelly Malcolm

Mining Network

15 days ago 13:57

Borealis has cleared start-up's hardest phase: crusher clay-blending resolved, pit water controlled, and a best month of 130,000 tonnes crushed. CEO Kelly Malcolm expects production and throughput guidance within a month, with positive cash flow close behind as the ramp completes. The ADR plant (where gold is stripped from carbon and poured) stays under-full for two years, so toll treating is on the table. Sandman's February 2026 PEA (preliminary economic assessment — an early mine economics study) showed US$203 million after-tax NPV and 105% IRR at $2,600 gold. Malcolm's path: mine-plan study by first-half 2027, Sandman permit around mid-2028, first production 2029, plus a new leach pad for under US$10 million.

Mineros Maps Path Toward 500,000 Ounces | Daniel Henao

Mining Network

17 days ago 23:18

CEO Daniel Henao targets roughly 500,000 ounces by 2030 — more than double Mineros' raised 2026 guidance of 220,000 to 240,000 ounces. A $25 million expansion lifts Nicaragua throughput from 1,800 to 2,500 tonnes per day, adding an estimated 30,000 to 40,000 ounces with better recoveries. Nicaragua blends own mines with partner ore bought at about 45% of spot; an idle 1,000-tonne-per-day mill and permits to 4,000 enable a second expansion. Porvenir's pre-feasibility study shows a roughly 38% after-tax IRR — expected project return — on $200 million at $3,150 gold, with key permits already secured. Growth rests on Colombia's Nechí expansion, 23-million-ounce La Colosa gated by social licence, and Chile's La Pepa, with a preliminary economic assessment due early 2027.

Kevin Smith: Metals Pullback Creates Buying Opportunity for Crescat Capital

Mining Network

17 days ago 24:04

Key Highlights

detailed

A paid sponsor segment describes Outcrop Silver's Santana project in Colombia as one of the highest-grade primary silver projects globally.
The segment claims a substantially increased updated mineral resource estimate and a pathway past 100 million high-grade silver-equivalent ounces, without giving figures.
It reports initial test recoveries above 96% via a gravity circuit and flotation without cyanide, and says the company is advancing toward a PEA for rapid development.

Crescat's Kevin Smith calls the metals pullback a buying opportunity, arguing hawkish Fed rhetoric cannot fix the fiscal imbalances driving gold higher. His activist exploration strategy takes early, large stakes in juniors targeting tier-one gold, silver and copper discoveries, vetted by two PhD geologists. Majors are returning cash instead of replacing reserves, so he expects them to eventually buy junior discoveries to bridge the production cliff. His $20,000 gold model assumes global money supply growth of 7% annually against 1.5% mine supply growth, or a 50% equity drawdown with dollar devaluation. Exploration stocks only recently bottomed against gold after a 15-year bear market, and he expects a retest of the early-2026 highs within a year.

Florian Grummes: Rate Hikes Into an Oil Shock Tighten the Economy Further

Mining Network

18 days ago 20:46

Key Highlights

detailed

A sponsored segment describes the Santana project as one of the highest-grade primary silver projects globally, with a stated pathway to more than 100 million high-grade silver-equivalent ounces across discovered veins and exploration targets.
Per the segment, initial metallurgical testing delivered recoveries over 96% via a simple gravity and flotation circuit that requires no cyanide, and the company is advancing toward a PEA to support a rapid development timeframe.
The segment argues silver is in its sixth consecutive year of structural deficit, with industrial demand from solar, EVs, electronics and AI still rising and now amplified by monetary demand as faith in fiat currencies erodes.
Santana, located in Colombia's Tuluma region, is described as having strong local community support, a newly elected pro-mining national government, and existing infrastructure including paved road access, power lines and available water.

Grummes expects a lengthy sideways consolidation in gold, with $5,000 possible by early 2027 still inside the range, not a breakout. He argues the latest rate hike adds stress to an already strained economy, because energy and shipping shocks are tightening the Fed cannot fix. The 1970s parallel — gold's two-year slide from $200 to $100 while oil soared — supports his $10,000 secular bull market target. Miners outperform bullion because $4,000-4,500 gold throws off cash that funds producer M&A, and October weakness would likely be a buying opportunity. He sees oil reaching $150 within six months without hurting gold, and flags Barton Gold under CEO Alex Scanlon as worth digging into.

Ronnie Stöferle: $8,900 Gold Target Still On Track

Mining Network

18 days ago 22:09

Key Highlights

detailed

The show's sponsored segment presents Santana as "one of the highest-grade primary silver projects globally", with a stated pathway to more than 100 million high-grade silver-equivalent ounces across discovered veins and exploration targets.
A recently updated MRE (Mineral Resource Estimate — an audited tally of in-ground metal) is said to have substantially increased resources, though the specific ounce and percentage figures are left as placeholders in the segment script.
Initial metallurgical testing reportedly delivered recoveries over 96%, with a clean concentrate from a simple gravity circuit and flotation that does not require cyanide.
The company is advancing Santana toward a PEA (Preliminary Economic Assessment — an early economics study) to support a rapid development timeframe, citing community support, a pro-mining government, and existing road, power and water infrastructure in Colombia's Tuluma region.
Outcrop sponsored the show's on-site Precious Metals Summit coverage; the segment notes the stock trades on the TSX under OCG.

Stoeferle argues gold's pause near $4,300 after 2025's 65% rally is consolidation within a secular bull market, not its end. He frames it as remonetization — gold regaining a monetary role — citing central-bank buying, Tether's purchases, Dutch repatriation and the $42.22 official price. Revaluing the Treasury's 8,100 gold tonnes at spot would create about $1.1 trillion on paper — his scenario, not stated policy. Incrementum's model keeps gold on track for $8,900 by 2030 — roughly 16% annually — if private allocations rise from today's 2.7%. He expects the catalyst when markets accept the Fed must cut, watches the 10-year near 5%, and sees a sweet spot for miners.

Outcrop Silver Targets Pilot Plant in 2027 as Colombia Turns Pro-Mining | Rob Bruggeman

Mining Network

19 days ago 18:54

Key Highlights

detailed

Bruggeman says Outcrop plans to start production at pilot-plant level next year, with cash flow from 2027 onward, before a two-stage ramp-up to full production in roughly three to four years.
The company aims to grow its total resource above 100 million ounces, which Bruggeman estimates will take about three to four years of drilling.
A PEA is expected to be complete by end of Q1 2027, with the study consultant being picked and more details promised within weeks; Bruggeman says a PFS around mid-2027 should follow and a full DFS will not be needed.
Bruggeman says Colombia's new pro-mining government has made royalties deductible as costs again, reopened areas that were off limits to exploration, and is rumored to be weighing a RIGI-style incentive program, which he expects to compress Outcrop's timelines.
Outcrop trades at roughly $2 US per ounce in the ground, and Bruggeman says the priority is re-rating the company to a cash-flow basis; its 17 km strike length is open at both ends and its gold projects in Colombia could later be spun out or optioned.

Outcrop Silver plans a pilot plant at Santa Ana in 2027 so cash flow starts years before full production arrives in three to four years. The PEA (Preliminary Economic Assessment — first project economics) lands end of Q1 2027, then a preliminary feasibility study — likely skipping a definitive study. Permitting runs by amendment: the pilot operations plan gets extended vein by vein, avoiding a new-mine review — a path that has worked in Colombia. Colombia's new government wants mines producing within four years, has reopened closed exploration ground and restored royalty deductibility, with RIGI-style incentives still just a rumor. CEO Rob Bruggeman wants Outcrop valued on future cash flow rather than about $2 per in-situ ounce, arguing added ounces gain value once production starts.

Jeff Christian: Gold Can Hit $5,000 Before Year-End

Mining Network

26 days ago 34:53

Key Highlights

detailed

The segment reports that an updated mineral resource estimate for the Santana project raised indicated resources to 58 million silver-equivalent ounces, roughly 73% of it silver with the rest gold, and describes a pathway to more than 100 million high-grade silver-equivalent ounces across discovered veins and exploration targets.
Santana is presented as one of the highest-grade primary silver projects globally, located in Colombia's Tuluma region with existing paved-road access, power lines, and available water.
Initial metallurgical testing is reported to deliver recoveries above 96% and a clean precious metals concentrate through a simple gravity and flotation circuit that does not require cyanide.
The company is described as advancing toward a PEA to support a rapid development timeframe, with the segment citing strong local community support and a newly elected pro-mining national government in Colombia.
The segment argues that high-grade projects of this type can be built at smaller scale while still generating substantial silver and gold production and often the highest profit margins; Outcrop trades on the TSX under the ticker OCG.

Gold's slide from $4,600 to $4,300 reflects rate-hike expectations and profit-taking, not a break in the bull market, Christian argues. The raw correlation between interest rates and gold is near zero; why rates are rising matters more than the rise itself. CPM Group targets $4,800-$5,000 gold by year-end, driven by US midterms, the Iran war and a possible AI-trade unwind. Investment flows set gold's price short term, but mine supply, scrap recovery and jewellery demand cap how far a squeeze runs. Core CPI excluding food and energy at 2.4% in August signals underlying disinflation and growing recession risk, per Christian.

Frank Giustra: This Is a Forever War. Own Gold and Copper

Mining Network

27 days ago 37:50

Key Highlights

detailed

The video's sponsored segment describes Outcrop Silver's Santana project as one of the highest-grade primary silver projects globally, with an updated mineral resource estimate of 58 million silver-equivalent ounces, about 73% of them silver, in the indicated category.
The segment says the company now has a clear pathway toward more than 100 million high-grade silver-equivalent ounces within discovered veins and exploration targets.
It cites initial metallurgical testing with recoveries over 96% through a simple gravity and flotation circuit that requires no cyanide, and says the company is advancing toward a PEA to support a rapid development timeframe.
The segment notes strong local community support, a newly elected pro-mining national government in Colombia, and existing infrastructure including paved road access, power lines, and available water, with the shares listed on the TSX as OCG.

Frank Giustra argues a forever war with Iran plus a NATO-Russia standoff keeps energy costly, feeding inflation, currency debasement, and gold demand. Sanctions on Russian reserves pushed China and the BRICS toward a parallel, gold-backed settlement system he expects to entrench gold in monetary architecture. Copper faces a supply shock from decades of underinvestment and falling grades just as AI, defense, and grid demand rise, so prices must go higher. His junior screen is size, grade, location, and politics: buy early and large, then hold, because majors must acquire scarce quality copper deposits. With US debt beyond repair, he holds hard assets: locked-up shares in Copper Giant and Aris Mining's high-grade Segovia gold operation.

Outcrop Silver Grows to 58Moz as Focus Shifts to Production

Mining Network

28 days ago 36:09

Key Highlights

detailed

New resource totals about 58Moz (indicated plus inferred), roughly 50% growth from the 2023 maiden estimate of about 37Moz; indicated is about 30Moz silver equivalent (24% growth) and inferred about 29Moz (over 100% growth), with 73% of ounces as silver.
Vein count rose from 7 to 13, with Las Maras the standout at 855 g/t silver equivalent (86% silver); El Dorado, Paraiso, and Guadal run 600-700 g/t and together make up about half the indicated resource.
The estimate applies mining stope optimization and cut-off adjustments, dropping ounces unlikely to be mined so it can serve as a PEA basis.
Preliminary metallurgy on two vein systems returned about 96% silver and 98.5% gold recovery via gravity plus flotation; the host mineral is dominantly argentite.
Brueggemann frames the project as a candidate for fast permitting under Colombia's new pro-mining government, aiming at commercial production within the government's four-year term via a small-footprint underground mine.

Outcrop Silver's updated Mineral Resource Estimate (MRE) at Santa Ana grew to ~58 Moz silver-equivalent (AgEq) across 13 vein systems, with 30 Moz indicated. Las Maras averages 855 g/t AgEq (about 86% silver); El Dorado, Paraiso, and Guadual run 600-700 g/t — together about half of indicated. Preliminary metallurgy returned 96% silver and 98.5% gold recoveries from gravity-plus-flotation; further testing and a pilot plant are next. Plan is dual-track: advance a Preliminary Economic Assessment (PEA), likely a Pre-Feasibility Study (PFS), on known high-grade ounces while continuing to drill toward 100 Moz. Colombia's new pro-mining administration wants mines producing within its four-year term; Outcrop plans to permit via ANLA and scale modularly from 500 to 2,000 tpd.

Silver47 Exploration ($AGA | $AAGAF) on Red Mountain's Critical Mineral Potential & Path to 2027 PEA

Investor TV

2 months ago

Key Highlights

brief

Galen uses Outcrop Silver as a peer comparable, arguing it trades at 2 to 10 times Silver 47's EV per ounce
Galen frames Outcrop's higher multiple as evidence that Silver 47 is undervalued on that metric

A 22-cent EV per ounce on Silver47 Exploration's 246M silver-equivalent ounces screens 2-10x below peers like Blackrock Silver, framing a clear valuation gap. The CEO argues most ounces are inferred, but three high-grade US projects (Red Mountain, Hughes, Mogollon) underpin a 1B-oz aspiration and a 2027 PEA. With $45M Canadian in working capital and four rigs running, Silver47 plans roughly 20,000 meters of 2026 drilling across Alaska, Nevada, and New Mexico. Co-hosts Don Duret and John Fenwick frame a deep correction in US silver developers as a contrarian bottom-fishing setup before a potential second leg up. Near-term producers like 1911 Gold, Denarius, and LaHontan anchor a broader US silver thesis alongside Silver47, all riding a bipartisan critical-mineral policy tailwind.

Articles

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Outcrop Silver Charts a Staged Path to 2027 Pilot Production as Colombia Turns Pro-Mining

Outcrop Silver & Gold (OCG) says its pilot plant is already in permitting, targeting build, commissioning, and first cash flow in 2027. CEO Rob Bruggeman outlines a staged path: PEA around end of Q1 2027, PFS by mid-2027, and full production in three to four years, helped by Colombia's new pro-mining government.

19 days ago

Outcrop Silver Targets Pilot Plant in 2027 as Colombia Turns Pro-Mining | Rob Bruggeman

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