Delineation Drilling Continuing At La Ivana

VANCOUVER - Outcrop Gold Corp. reported results of five holes from continuing delineation drilling in La Ivana and an update on exploration drilling on its 100% owned Santa Ana project in north Tolima, Colombia. Highlights: 0.7 meters of 117.5 grams gold equivalent per tonne or 8,584 grams silver equivalent per tonne; 1.0 meters of 37.4 grams gold equivalent per tonne or 2,731 grams silver equivalent per tonne; La Ivana high-grade mineralization remains open along strike and depth; and Greenfield exploration progresses with less than 25% of the mapped or inferred vein traces tested.

"Three of five recent delineation holes at La Ivana returned values greater than 2 kilograms silver equivalent per tonne including a remarkable value of 8.6-kilogram silver equivalent per tonne," said, Joseph Hebert, Chief Executive Officer. "These values are of significance considering that the average grade of the world's twelve largest silver mines has fallen to 300 grams silver equivalent per tonne."

Preliminary drilling in greenfield targets Palomo, Prias, Culebra and El Gordo have defined vein structures and local epithermal veins with significantly anomalous mineralization. Where veins and fault-veins are well defined, especially if those veins have already produced shoots, Outcrop will begin drilling fans on panels approximately 135 meters apart. From results in the central area of known pre-colonial mining, the Company expects a shoot periodicity of one to two large, high-grade shoots within each 800 meters of vein. It is expected that systematic drill panels along vein traces will increase the pace of new shoot discovery.