10:39 AM EDT, 05/06/2025 (MT Newswires) -- Outcrop Silver & Gold's ( OCGSF ) share price had jumped 10.5% at last look Tuesday as the company reported a "major high-grade silver drill result" at the Los Mangos vein within the Santa Ana silver project in Colombia.

Among highlights, the company said it intercepted 18.30 meters at 992 grams per tonne of silver equivalent, "one of the best drill results to date".

It added follow up drilling has delivered the widest and highest-grade intercept to date from the Los Mangos target, located more than eight kilometres south of the current resource area, "reinforcing the system's scale and continuity".

"This is a transformational intercept for the Los Mangos system," said Ian Harris, president and CEO of Outcrop. "As we continue testing priority targets across the district, we're well-positioned to deliver further high-grade discoveries ahead of our next resource update."

Price: 0.21, Change: +0.02, Percent Change: +10.53