09:04 AM EDT, 04/29/2025 (MT Newswires) -- Outcrop Silver & Gold ( OCGSF ) reported Tuesday another high-grade discovery at the Guadual vein within the Santa Ana silver project in Colombia.

Results include 0.90 meters at 1,290 silver equivalent, including 0.50 meters at 2,272 g/t silver equivalent.

"Guadual marks our fifth high-grade discovery in the last 12 months, highlighting how quickly Santa Ana is growing beyond the six-vein foundation used in the 2023 maiden resource," said Ian Harris, Outcrop's president and CEO.

Outcrop said the Guadual vein is a major milestone within its 24,000-meter program that is now focused on resource-expansion drilling.

"With a fully funded 2025 program focused on resource-expansion drilling, we intend to convert each new vein into ounces in the next estimate and unlock substantial value," Harris said.

The company's share price rose 6.8% on Monday to $0.20 on the TSXV.