- Business
- Outcrop Silver & Gold Corporation engages in the identification, acquisition, exploration, and development of mineral properties primarily focused on precious metals in Colombia and the United States; its core assets include the flagship 100%-owned Santa Ana high-grade silver project comprising 27,000 hectares in northern Tolima Department with ongoing expansion drilling on parallel vein systems such as Aguilar, Guadual, Los Mangos, and Morena; the Mallama gold project covering 9,036 hectares in Nariño Department; the Oribella gold project spanning 20,000 hectares in Antioquia Department within the Middle Cauca Belt; the Argelia project with 4,355 hectares in Antioquia Department; and the Kramer Hills oxide gold property in San Bernardino County, California, consisting of 569 BLM claims surrounding the historic Shaherald mine. The company primarily explores for gold, silver, and copper deposits targeting high-grade epithermal systems and world-class discoveries in frontier areas with drill-ready, outcropping mineralized systems attractive to major mining partners. Founded in 1993 and headquartered in Vancouver, Canada, with operational offices in Medellin, Colombia, Outcrop Silver & Gold Corporation operates in the precious metals mining sector serving institutional shareholders through disciplined capital allocation and a seasoned technical team experienced in Colombian exploration.
The company recently graduated from the TSX Venture Exchange to the Toronto Stock Exchange (TSX:OCG) effective November 17, 2025, following conditional approval on November 6, 2025, enhancing its visibility and liquidity. In October 2025, Outcrop Silver closed a $23 million public offering of 65.78 million units at C$0.35 each, including full exercise of the over-allotment option and led by Jupiter Asset Management ($15 million) and Eric Sprott ($5 million), with proceeds allocated to Santa Ana exploration, drilling, and working capital. In June 2025, it optioned the Kramer Hills project to Silver Mines Limited (ASX:SVL), enabling the partner to earn up to 80% through US$6 million in cash and shares plus a feasibility study carry, allowing Outcrop Silver to unlock non-core asset value while focusing on Santa Ana resource expansion amid recent high-grade drill intercepts including 2.35 meters of 3,092 g/t silver at Guadual and extensions of the Aguilar vein 450 meters south.