Outcrop Silver & Gold Corporation announced significant improvements in gold and silver recovery following metallurgical testing at its Santa Ana project. This recent comprehensive test work, a follow-up to previous flotation-only and gravimetric-only tests, combined gravimetric separation followed by flotation of the gravimetric tails. The results demonstrated remarkable recovery rates of 96.3% for silver and 98.5% for gold.

Key Highlights: High-Efficiency Recovery: The integrated gravimetric and flotation test work resulted in an overall recovery of 96. 3% for silver and 98. 5% for gold, setting a new benchmark for the project.

Initial Gravimetric Concentration: The gravimetric process alone recovered 7.6% of silver and 35.8% of gold, with the gravimetric concentrate assaying at 2,883 g/t silver and 164 g/t gold. Subsequent Flotation Recovery: Flotation of gravimetric tails recovered and additional 88.6% of the remaining silver and 62.7% of the remaining gold, with rougher concentrate grades reaching 4,356 g/t silver and 37.5 g/t gold. Unique Mineralogy: The process highlights the project's distinctive mineral composition where 88% of the silver is in the form of argentite--a silver sulfide which is amenable to flotation, enhancing recoverability and high-grade concentrates.

The 100% owned Santa Ana project covers 27,000 hectares within the Mariquita Distric t, known as the largest and highest-grade primary silver district in Colombia with mining records dating back to 1585. Santa Ana's maiden resource estimate, detailed in the NI 43-101 Technical Report titled "Santa Ana Property Mineral Resource Estimate," dated June 8, 2023, prepared by AMC Mining Consultants, indicates an estimated indicated resource of 24.2 million ounces silver equivalent at a grade of 614 grams per tonne and an inferred resource of 13.5 million ounces at a grade of 435 grams per tonne. The identified resources span seven major veins that include multiple parallel veins and ore shoots: Santa Ana (San Antonio, Roberto Tovar, San Juan shoots); Los Naranjos, and La Isabela.

The 2024 drilling campaign aims to extend known mineralization and test new high-potential areas along the project's extensive 30 kilometres of strike. These efforts underscore the scalability of Santa Ana and its potential for substantial resource growth, positioning the project to develop into a high-grade, economically reliable, and environmentally responsible silver mine.