Outcrop Silver & Gold (TSXV:OCG) - $12M Drilling to Expand High-Grade Silver Resource

16 May 2025 • 25 min • EN
25 min
00:00
25:12
No file found

Interview with Ian Harris, President & CEO of Outcrop Silver & Gold Corp. Our previous interview: https://www.cruxinvestor.com/posts/outcrop-silver-tsxvocg-why-eric-sprott-holds-199-of-this-high-grade-silver-opportunity-6786 Recording date: 12th May 2025 Outcrop Silver & Gold (TSXV: OCG) is advancing one of the highest-grade primary silver projects globally, with CEO Ian Harris leading a disciplined approach to resource expansion and valuation growth. The company currently holds 37 million ounces of silver and aims to reach at least 60 million ounces in the near term, with ambitions to exceed 100 million ounces within the next 18-24 months. This expansion is supported by a fully-funded $12 million drill program, which has already delivered promising results including intercepts of "20 meters at 992 grams per tonne silver." Harris emphasizes a strategic approach that decouples valuation from volatile silver prices, focusing instead on creating measurable returns through resource expansion for every dollar invested. This disciplined stance aims to mitigate dilution risks while ensuring consistent growth regardless of market fluctuations. The company is pursuing a "starter-scale" development strategy, planning a smaller initial operation to reduce capital requirements and accelerate cash flow generation. This approach mirrors successful models in the gold sector, providing a more accessible pathway to production in today's challenging financial environment. The broader macroeconomic backdrop offers supporting factors for silver demand, including global debt accumulation and shifts away from the US dollar toward alternative assets. These trends potentially strengthen the fundamental case for silver investments over the medium-to-long term. In the current M&A landscape, Harris notes that acquisitions primarily reward producing assets rather than exploration-stage projects, underlining Outcrop's strategy to advance quickly toward initial production to enhance its strategic appeal. With strong exploration results underpinning near-term valuation catalysts and a clear pathway to growth, Outcrop Silver & Gold represents a disciplined approach to silver resource development in a market increasingly favorable to precious metals investments. View Outcrop Silver & Gold's company profile: https://www.cruxinvestor.com/companies/outcrop-silver-gold Sign up for Crux Investor: https://cruxinvestor.com

From "Company Interviews"

Listen on your iPhone

Download our iOS app and listen to interviews anywhere. Enjoy all of the listener functions in one slick package. Why not give it a try?

App Store Logo
application screenshot

Popular categories