Recent Results From Los Mangos Discovery At The Santa Ana Project

VANCOUVER - Outcrop Silver & Gold Corporation reported on the results from drill hole DH451 in the recently announced Los Mangos discovery at its Santa Ana high-grade silver project in Colombia. Hole DH451 intercepted 7.18 metres at 358 g/t AgEq, including a high-grade portion of 3.40 metres at 671 g/t AgEq, marking one of the area's most significant intercepts to date. Additionally, at 110 metres depth the hole intersected 0.53 meters at 617 g/t AgEq at the Mangos fault, showcasing the potential of fault-related structures within the vein system to host high-grade mineralization. This vein intercept, located approximately 200 meters below the surface, confirms the vein system's vertical continuity and robustness. Outcrop Silver is continuing to drill this promising target.

Drilling Highlights: 1) Hole DH451 intercepted 7.18 metres grading 358 grams per tonne of silver equivalent, including 3.40 metres of 671 grams per tonne of silver equivalent. 2) Hole DH451 also intercepted 0.53 metres grading 617 grams per tonne of silver equivalent at the Mangos fault-vein. Showing the potential of this structure to carry high-grade mineralization. 3) The vein intercept at Los Mangos shows the robustness of this vein system and confirms the presence of high-grade mineralization at 200 metres depth below the historic mine workings.

"We are incredibly encouraged by the potential of this region and are more confident than ever that continued drilling may reveal additional high-grade zones across this extensive corridor," said Guillermo Hernandez, Vice President of Exploration. "The results from hole DH451 are a breakthrough for our exploration in the central region of the Santa Ana project. Intersecting 7.18 meters at 358 grams per tonne silver equivalent, including 3.40 meters at 671 grams, is an extraordinary outcome confirming the scale and the strength of the Los Mangos vein system. Hitting this kind of mineralization over 8 kilometers from the nearest resource area is exciting and opens a new frontier for discovery."

Los Mangos vein is a high-grade silver-gold system located in the southwestern portion of the Santa Ana project, approximately 8 kilometres south of the closest defined resource area. This newly drilled area marks one of the most significant step-outs within the project to date. The vein currently has a verified strike length of over 350 metres, with strong potential for further expansion along strike and at depth.

Structurally, the vein is oriented between NE40° and NE60°, dipping from 60° to 80°SE, with localized segments showing northwest-dipping structures. The main mineralized zone varies between 0.30 and 1.20 metres in width, though recent drilling has confirmed much broader intercepts, such as 7.18 meters at 358 g/t AgEq, including 3.40 meters at 671 g/t AgEq in hole DH451, and 2.36 meters at 404 g/t AgEq in hole DH442. The vein is hosted in green schists and intrusive dikes of granodioritic to dioritic composition, with strong argillic and sericitic alteration in the surrounding wall rock, particularly around the historical El 20 underground workings. Mineralization is associated with quartz veins, breccias, and fault-related structures. With consistent high-grade results, wide mineralized zones, and confirmation of vertical continuity up to 200 meters below surface, Los Mangos stands out as a priority target for future resource expansion and further exploration within the Santa Ana project.

Up to date, fourteen holes have been drilled in the Los Mangos target, totaling 2,608 metres, with five holes reported with Significant Results (grades > 200 g/t AgEq) and an average length of 1.69 metres (not estimated true width). The majority of drill holes (12) have intercepted the Los Mangos and Mangos SE veins; however, holes DH434 and DH449 encountered a void or what has been interpreted as backfill in historic workings.