Outcrop Silver & Gold Corporation announced that the drilling at Aguilar confirms the continuity of high-grade silver, demonstrating the corridor's potential and highlighting Outcrop Silver's success in targeting promising extensions along strike from the primary resource areas. Outcrop Silver has two active drill rigs at site that are focused on drill testing the extensive inventory of exploration targets to expand the current resource. The new drilling confirms the high-grade mineralization at Aguilar, extending the known drilled mineralization by 5 kilometers south of the Mineral Resource area; Drill hole DH361 intercepted 0.78 m of 776 grams per tonne of silver equivalent; and Follow-up drilling will test extension along strike, and update vectoring for targeting higher grade shoots within Aguilar.

The Aguilar vein was identified through Outcrop Silver's regional target generation program. The Aguilar vein is part of the Aguilar-Guadual zone, which can be traced for 1.8 kilometres. The initial drilling of the Aguilar vein tests the continuity at depth from outcrop channel samples (RX5644 and RX5645) with high-grade assays from the regional target generation program, such as 0.90 m @ 500 g/t AgEq.

The Aguilar vein at depth has been confirmed through three drill holes to be a low-angle structure, generally dipping 55deg to the West, and showing 5 to 10% total sulfide content. Hole DH361 intercepted 0.78 metres of quartz vein that assayed 3.79 grams per tonne of gold and 492 grams per tonne of silver, while hole DH363 is pending assays and hole DH360 intercepted a narrow quartz vein carrying lower grades. Current drill assay results.

Lengths are drill intersections and not necessarily true widths. The current knowledge of the Aguilar vein does not allow for estimating the true width of the vein intercept. Dollar and survey table for drill holes reported in this release.

All coordinates are UTM system, Zone 18N and WGS84 projection. 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 resource of 24 kilometers south of the Mineral Resource areas; Drill hole DH361 intercepted 1.78 m of 776 g/t AgEq; and follow-up drilling will test extension across strike, and update vectoring to targeting high grade shoots within Aguilar.