# MORENA BECOMES SIXTH HIGH-GRADE DISCOVERY IN SANTA ANA'S CURRENT DRILL PROGRAM

Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/morena-becomes-sixth-high-grade-discovery-in-santa-ana-s-current-drill-program--421c64e6-4580-4dad-a67b-c03f997200e8

Original source: https://money.tmx.com/en/quote/OCG/news/7479333521155414/morena-becomes-sixth-high-grade-discovery-in-santa-ana-s-current-drill-program

Publisher: tmx

Original announcement: 2025-07-22T11:30:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: Unknown date

Atlas analysis updated: Unknown date

- Company: Outcrop Silver & Gold Corporation

- Ticker: OCG

- Exchange: TSX

- Region: Colombia

- Primary commodity: Silver

- Secondary commodities: Gold

- Document categories: Drill results, Resource update

- Extracted: 2026-08-24 02:54:06 UTC

Narrative sentiment: 0.90 · Bullish

## Minestarters Atlas summary

Outcrop Silver & Gold Corporation announced the discovery of a sixth high-grade shoot at the Morena vein within its Santa Ana silver project in Colombia, with drill hole DH471 intercepting 1.87 metres grading 794 g/t AgEq, including a sub-interval of 0.55 metres at 2,197 g/t AgEq. These high-grade results, along with other significant intercepts, reinforce the project's growth potential and will be included in an upcoming mineral resource update. The company also disclosed comprehensive QA/QC procedures and metal equivalent assumptions, enhancing the credibility of the reported exploration success.

Reasoning: The announcement details multiple high-grade silver and gold intercepts from a new discovery, Morena, which is the sixth high-grade shoot found in the current drill program. These results are explicitly stated to reinforce growth potential for an upcoming mineral resource update. The company provides strong QA/QC disclosure and transparent metal equivalent assumptions, supporting the credibility and significance of the findings.

- Positive factor: Exceptional silver grades, including bonanza intercepts, significantly exceed typical epithermal deposit thresholds.

- Positive factor: Discovery of a new high-grade shoot \(Morena\) marks the sixth such discovery, demonstrating consistent exploration success and growth potential.

- Positive factor: True width estimates are provided for all reported drill intercepts, enhancing geological confidence.

- Positive factor: Comprehensive QA/QC procedures, including an accredited lab and QP sign-off, are fully disclosed, bolstering data reliability.

- Positive factor: Metal equivalent assumptions are transparently stated, allowing for clear evaluation of combined metal values.

- Positive factor: The drilling program is explicitly aimed at extending mineralization and feeding into an upcoming mineral resource update, indicating direct value creation.

Low confidence — this extraction should be reviewed alongside the original source.

Facts used in scoring: 21

## Classification and evidence

**Bonanza Intercept**

Polarity: positive

Definition: Exceptionally high-grade zone, well above the deposit-type norm.

Why it applies: The sub-interval in DH471 reported 1,877 g/t Ag over 0.55m \(0.29m true width\), which is an exceptionally high-grade zone well above the deposit-type norm for silver.

Evidence · table

> 1,877

Context: 0.55

**True Width Disclosed**

Polarity: positive

Definition: Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: The drill results table explicitly includes an 'Estimated True Width \(m\)' column for all reported intercepts.

Evidence · table

> Estimated True Width \(m\)

Context: Interval \(m\)

**Step-Out Extension**

Polarity: positive

Definition: Mineralization extended beyond the previously known limit.

Why it applies: The document describes the discovery at Morena as a 'new high-grade shoot' and the 'sixth high-grade discovery' in the current drill program, with the campaign aiming to 'extend known mineralization and test new high-potential areas'.

Evidence · text

> discovery of a new high-grade shoot at the Morena vein

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: The release includes a dedicated 'QA/QC' section detailing standard protocols, the use of an accredited laboratory \(Actlabs\), and the insertion of blanks, duplicates, and certified reference materials.

Evidence · text

> Outcrop Silver applied its standard protocols for sampling and assay for exploration activities. ... Actlabs certified sample preparation facility ... ActLabs is an accredited laboratory ... blanks, duplicates, and certified reference materials are inserted

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: The news release states that the technical information has been reviewed and approved by Mr. Guillermo Hernandez, a Qualified Person for the Company as defined by National Instrument 43-101.

Evidence · text

> Mr. Guillermo Hernandez , CPG-AIPG, Vice-President Exploration at Outcrop Silver. Mr. Hernandez is a Qualified Person for the Company as defined by National Instrument 43-101.

**PEA-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: The drilling results are explicitly stated to be 'reinforcing the growth potential of Santa Ana ahead of an upcoming mineral resource update' and 'being tested for inclusion in the upcoming mineral resource update', indicating the results are intended to support future economic studies.

Evidence · text

> reinforcing the growth potential of Santa Ana ahead of an upcoming mineral resource update.

## Extracted facts

Stored fact records: 21. Some facts used in scoring do not have a stored record.

## Drill Results (21)

### DH467

[Link to this fact](https://atlas-staging.minestarters.com/news/morena-becomes-sixth-high-grade-discovery-in-santa-ana-s-current-drill-program--421c64e6-4580-4dad-a67b-c03f997200e8#fact-drill-facts-0)

Santa Ana · silver

#### Identity

- Hole ID: DH467
- Project: Santa Ana
- Commodity: silver
- Ticker: OCG

#### Geometry

- Grade: 233
- Grade Unit: g/t
- Intercept: 2.29 m
- True Width: 1.49 m
- From: 227.95 m
- To: 230.24 m
- Hole Depth: 247.19 m

#### Classification

- Deposit Type: epithermal
- Program: exploration
- Sample Type: drill
- Group ID: DH467:227.95-230.24
- Mining Method: underground

#### Location

- Easting: 504666.917
- Northing: 561470.608
- CRS: UTM system, Zone 18N, WGS84 projection
- Elevation: 885.58 m
- Azimuth: 83 °
- Dip: -66 °
- Loc. Confidence: high

#### QA/QC

- Laboratory: Actlabs
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, duplicates, standards

#### Metal Equivalent

- Metal Eq. Grade: 261
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2025-07-22T00:00:00.000Z

Reasoning: The intercept of 2.29m at 233 g/t Ag is a strong grade for an underground epithermal deposit, contributing to the new discovery at Morena.

- Positive factor: Strong silver grade for an underground epithermal deposit.

- Positive factor: True width disclosed.

- Positive factor: High novelty as part of a new discovery.

Evidence · table

> 233

Context: 2.29

### DH467

[Link to this fact](https://atlas-staging.minestarters.com/news/morena-becomes-sixth-high-grade-discovery-in-santa-ana-s-current-drill-program--421c64e6-4580-4dad-a67b-c03f997200e8#fact-drill-facts-1)

Santa Ana · silver

#### Identity

- Hole ID: DH467
- Project: Santa Ana
- Commodity: silver
- Ticker: OCG

#### Geometry

- Grade: 873
- Grade Unit: g/t
- Intercept: 0.35 m
- True Width: 0.23 m
- From: 227.95 m
- To: 228.3 m
- Hole Depth: 247.19 m

#### Classification

- Deposit Type: epithermal
- Program: exploration
- Sample Type: drill
- Group ID: DH467:227.95-228.30
- Mining Method: underground

#### Location

- Easting: 504666.917
- Northing: 561470.608
- CRS: UTM system, Zone 18N, WGS84 projection
- Elevation: 885.58 m
- Azimuth: 83 °
- Dip: -66 °
- Loc. Confidence: high

#### QA/QC

- Laboratory: Actlabs
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, duplicates, standards

#### Metal Equivalent

- Metal Eq. Grade: 933
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2025-07-22T00:00:00.000Z

Reasoning: The sub-interval of 0.35m at 873 g/t Ag is an exceptional bonanza grade for an underground epithermal deposit, significantly contributing to the new discovery.

- Positive factor: Exceptional silver grade for an underground epithermal deposit.

- Positive factor: Bonanza grade intercept.

- Positive factor: True width disclosed.

- Positive factor: High novelty as part of a new discovery.

Evidence · table

> 873

Context: 0.35

### DH471

[Link to this fact](https://atlas-staging.minestarters.com/news/morena-becomes-sixth-high-grade-discovery-in-santa-ana-s-current-drill-program--421c64e6-4580-4dad-a67b-c03f997200e8#fact-drill-facts-2)

Santa Ana · silver

#### Identity

- Hole ID: DH471
- Project: Santa Ana
- Commodity: silver
- Ticker: OCG

#### Geometry

- Grade: 680
- Grade Unit: g/t
- Intercept: 1.87 m
- True Width: 0.97 m
- From: 274.63 m
- To: 276.5 m
- Hole Depth: 304.49 m

#### Classification

- Deposit Type: epithermal
- Program: exploration
- Sample Type: drill
- Group ID: DH471:274.63-276.50
- Mining Method: underground

#### Location

- Easting: 504666.82
- Northing: 561471.33
- CRS: UTM system, Zone 18N, WGS84 projection
- Elevation: 885.84 m
- Azimuth: 63 °
- Dip: -72 °
- Loc. Confidence: high

#### QA/QC

- Laboratory: Actlabs
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, duplicates, standards

#### Metal Equivalent

- Metal Eq. Grade: 794
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2025-07-22T00:00:00.000Z

Reasoning: The intercept of 1.87m at 680 g/t Ag is an exceptional grade for an underground epithermal deposit, representing a significant new discovery.

- Positive factor: Exceptional silver grade for an underground epithermal deposit.

- Positive factor: True width disclosed.

- Positive factor: High novelty as part of a new discovery.

Evidence · table

> 680

Context: 1.87

### DH471

[Link to this fact](https://atlas-staging.minestarters.com/news/morena-becomes-sixth-high-grade-discovery-in-santa-ana-s-current-drill-program--421c64e6-4580-4dad-a67b-c03f997200e8#fact-drill-facts-3)

Santa Ana · silver

#### Identity

- Hole ID: DH471
- Project: Santa Ana
- Commodity: silver
- Ticker: OCG

#### Geometry

- Grade: 1877
- Grade Unit: g/t
- Intercept: 0.55 m
- True Width: 0.29 m
- From: 275.63 m
- To: 276.18 m
- Hole Depth: 304.49 m

#### Classification

- Deposit Type: epithermal
- Program: exploration
- Sample Type: drill
- Group ID: DH471:275.63-276.18
- Mining Method: underground

#### Location

- Easting: 504666.82
- Northing: 561471.33
- CRS: UTM system, Zone 18N, WGS84 projection
- Elevation: 885.84 m
- Azimuth: 63 °
- Dip: -72 °
- Loc. Confidence: high

#### QA/QC

- Laboratory: Actlabs
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, duplicates, standards

#### Metal Equivalent

- Metal Eq. Grade: 2197
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2025-07-22T00:00:00.000Z

Reasoning: The sub-interval of 0.55m at 1,877 g/t Ag is an exceptional bonanza grade, representing a highly significant new discovery for an underground epithermal deposit.

- Positive factor: Exceptional silver grade for an underground epithermal deposit.

- Positive factor: Bonanza grade intercept.

- Positive factor: True width disclosed.

- Positive factor: High novelty as part of a new discovery.

Evidence · table

> 1,877

Context: 0.55

### DH477

[Link to this fact](https://atlas-staging.minestarters.com/news/morena-becomes-sixth-high-grade-discovery-in-santa-ana-s-current-drill-program--421c64e6-4580-4dad-a67b-c03f997200e8#fact-drill-facts-4)

Santa Ana · silver

#### Identity

- Hole ID: DH477
- Project: Santa Ana
- Commodity: silver
- Ticker: OCG

#### Geometry

- Grade: 96
- Grade Unit: g/t
- Intercept: 3.05 m
- True Width: 1.33 m
- From: 361.31 m
- To: 364.36 m
- Hole Depth: 400.2 m

#### Classification

- Deposit Type: epithermal
- Program: exploration
- Sample Type: drill
- Group ID: DH477:361.31-364.36
- Mining Method: underground

#### Location

- Easting: 504786.834
- Northing: 561619.594
- CRS: UTM system, Zone 18N, WGS84 projection
- Elevation: 959.26 m
- Azimuth: 185 °
- Dip: -75 °
- Loc. Confidence: high

#### QA/QC

- Laboratory: Actlabs
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, duplicates, standards

#### Metal Equivalent

- Metal Eq. Grade: 110
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2025-07-22T00:00:00.000Z

Reasoning: The intercept of 3.05m at 96 g/t Ag is a moderate grade for an underground epithermal deposit, contributing to the new discovery at Morena.

- Positive factor: Moderate silver grade for an underground epithermal deposit.

- Positive factor: True width disclosed.

- Positive factor: High novelty as part of a new discovery.

Evidence · table

> 96

Context: 3.05

### DH477

[Link to this fact](https://atlas-staging.minestarters.com/news/morena-becomes-sixth-high-grade-discovery-in-santa-ana-s-current-drill-program--421c64e6-4580-4dad-a67b-c03f997200e8#fact-drill-facts-5)

Santa Ana · silver

#### Identity

- Hole ID: DH477
- Project: Santa Ana
- Commodity: silver
- Ticker: OCG

#### Geometry

- Grade: 394
- Grade Unit: g/t
- Intercept: 0.59 m
- True Width: 0.26 m
- From: 361.31 m
- To: 361.9 m
- Hole Depth: 400.2 m

#### Classification

- Deposit Type: epithermal
- Program: exploration
- Sample Type: drill
- Group ID: DH477:361.31-361.90
- Mining Method: underground

#### Location

- Easting: 504786.834
- Northing: 561619.594
- CRS: UTM system, Zone 18N, WGS84 projection
- Elevation: 959.26 m
- Azimuth: 185 °
- Dip: -75 °
- Loc. Confidence: high

#### QA/QC

- Laboratory: Actlabs
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, duplicates, standards

#### Metal Equivalent

- Metal Eq. Grade: 441
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2025-07-22T00:00:00.000Z

Reasoning: The sub-interval of 0.59m at 394 g/t Ag is a strong grade for an underground epithermal deposit, enhancing the overall intercept.

- Positive factor: Strong silver grade for an underground epithermal deposit.

- Positive factor: True width disclosed.

- Positive factor: High novelty as part of a new discovery.

Evidence · table

> 394

Context: 0.59

### DH479

[Link to this fact](https://atlas-staging.minestarters.com/news/morena-becomes-sixth-high-grade-discovery-in-santa-ana-s-current-drill-program--421c64e6-4580-4dad-a67b-c03f997200e8#fact-drill-facts-6)

Santa Ana · silver

#### Identity

- Hole ID: DH479
- Project: Santa Ana
- Commodity: silver
- Ticker: OCG

#### Geometry

- Grade: 171
- Grade Unit: g/t
- Intercept: 1.16 m
- True Width: 0.58 m
- From: 340.45 m
- To: 341.61 m
- Hole Depth: 358.44 m

#### Classification

- Deposit Type: epithermal
- Program: exploration
- Sample Type: drill
- Group ID: DH479:340.45-341.61
- Mining Method: underground

#### Location

- Easting: 504786.872
- Northing: 561621.099
- CRS: UTM system, Zone 18N, WGS84 projection
- Elevation: 959.48 m
- Azimuth: 142 °
- Dip: -83 °
- Loc. Confidence: high

#### QA/QC

- Laboratory: Actlabs
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, duplicates, standards

#### Metal Equivalent

- Metal Eq. Grade: 200
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2025-07-22T00:00:00.000Z

Reasoning: The intercept of 1.16m at 171 g/t Ag is a strong grade for an underground epithermal deposit, contributing to the new discovery at Morena.

- Positive factor: Strong silver grade for an underground epithermal deposit.

- Positive factor: True width disclosed.

- Positive factor: High novelty as part of a new discovery.

Evidence · table

> 171

Context: 1.16

### DH479

[Link to this fact](https://atlas-staging.minestarters.com/news/morena-becomes-sixth-high-grade-discovery-in-santa-ana-s-current-drill-program--421c64e6-4580-4dad-a67b-c03f997200e8#fact-drill-facts-7)

Santa Ana · silver

#### Identity

- Hole ID: DH479
- Project: Santa Ana
- Commodity: silver
- Ticker: OCG

#### Geometry

- Grade: 461
- Grade Unit: g/t
- Intercept: 0.41 m
- True Width: 0.21 m
- From: 340.85 m
- To: 341.26 m
- Hole Depth: 358.44 m

#### Classification

- Deposit Type: epithermal
- Program: exploration
- Sample Type: drill
- Group ID: DH479:340.85-341.26
- Mining Method: underground

#### Location

- Easting: 504786.872
- Northing: 561621.099
- CRS: UTM system, Zone 18N, WGS84 projection
- Elevation: 959.48 m
- Azimuth: 142 °
- Dip: -83 °
- Loc. Confidence: high

#### QA/QC

- Laboratory: Actlabs
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, duplicates, standards

#### Metal Equivalent

- Metal Eq. Grade: 480
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2025-07-22T00:00:00.000Z

Reasoning: The sub-interval of 0.41m at 461 g/t Ag is a strong grade for an underground epithermal deposit, enhancing the overall intercept.

- Positive factor: Strong silver grade for an underground epithermal deposit.

- Positive factor: True width disclosed.

- Positive factor: High novelty as part of a new discovery.

Evidence · table

> 461

Context: 0.41

### Fact 9

[Link to this fact](https://atlas-staging.minestarters.com/news/morena-becomes-sixth-high-grade-discovery-in-santa-ana-s-current-drill-program--421c64e6-4580-4dad-a67b-c03f997200e8#fact-drill-facts-8)

Santa Ana · silver

Historical result

Needs review: historical\_restatement

#### Identity

- Project: Santa Ana
- Commodity: silver
- Ticker: OCG

#### Geometry

- Grade: 390
- Grade Unit: g/t

#### Classification

- Sample Type: surface

#### Location

- Easting: 504754
- Northing: 561355.4
- CRS: UTM system, zone 18N, WGS84 projection
- Elevation: 824.29 m
- Loc. Confidence: high

#### QA/QC

- Laboratory: Actlabs
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, duplicates, standards

#### Metal Equivalent

- Metal Eq. Grade: 542
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes
- Historical Source Date: 2024-09-04T00:00:00.000Z

#### Dates

- Event date: 2025-07-22T00:00:00.000Z

Reasoning: This is a strong historical silver grade from a chip sample, which helped define the Morena target, but it is not a new discovery.

- Positive factor: Strong historical silver grade, indicating strong prospectivity.

- Negative factor: Historical data, not new results.

Evidence · table

> 390

Context: 16010

### DH467

[Link to this fact](https://atlas-staging.minestarters.com/news/morena-becomes-sixth-high-grade-discovery-in-santa-ana-s-current-drill-program--421c64e6-4580-4dad-a67b-c03f997200e8#fact-drill-facts-9)

Santa Ana · gold

#### Identity

- Hole ID: DH467
- Project: Santa Ana
- Commodity: gold
- Ticker: OCG

#### Geometry

- Grade: 0.37
- Grade Unit: g/t
- Intercept: 2.29 m
- True Width: 1.49 m
- From: 227.95 m
- To: 230.24 m

#### Classification

- Deposit Type: epithermal
- Sample Type: drill
- Group ID: DH467:227.95-230.24
- Mining Method: underground

#### Location

- CRS: UTM system, Zone 18N, WGS84 projection

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2025-07-22T00:00:00.000Z

Reasoning: Expanded from assay table. 0.37 g/t gold is below against the underground mining band \[15, 7, 4, 2.5\] g/t. Grade×width 0.8 g/t·m is below.

- Negative factor: 0.37 g/t gold is below the weak threshold \(2.5 g/t\) on the underground mining band.

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 0.37

Context: DH467

### Including

[Link to this fact](https://atlas-staging.minestarters.com/news/morena-becomes-sixth-high-grade-discovery-in-santa-ana-s-current-drill-program--421c64e6-4580-4dad-a67b-c03f997200e8#fact-drill-facts-10)

Santa Ana · silver

#### Identity

- Hole ID: Including
- Project: Santa Ana
- Commodity: silver
- Ticker: OCG

#### Geometry

- Grade: 873
- Grade Unit: g/t
- Intercept: 0.35 m
- True Width: 0.23 m
- From: 227.95 m
- To: 228.3 m

#### Classification

- Deposit Type: epithermal
- Sample Type: drill
- Group ID: Including:227.95-228.3
- Mining Method: underground

#### Location

- CRS: UTM system, Zone 18N, WGS84 projection

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2025-07-22T00:00:00.000Z

Reasoning: Expanded from assay table. 873 g/t silver is exceptional against the default band \[500, 200, 100, 30\] g/t. Grade×width 305.5 g/t·m is weak \(grade alone is exceptional; the better of the two is used\).

- Positive factor: 873 g/t silver is exceptional on the default band.

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 873

Context: Including

### Including

[Link to this fact](https://atlas-staging.minestarters.com/news/morena-becomes-sixth-high-grade-discovery-in-santa-ana-s-current-drill-program--421c64e6-4580-4dad-a67b-c03f997200e8#fact-drill-facts-11)

Santa Ana · gold

#### Identity

- Hole ID: Including
- Project: Santa Ana
- Commodity: gold
- Ticker: OCG

#### Geometry

- Grade: 0.8
- Grade Unit: g/t
- Intercept: 0.35 m
- True Width: 0.23 m
- From: 227.95 m
- To: 228.3 m

#### Classification

- Deposit Type: epithermal
- Sample Type: drill
- Group ID: Including:227.95-228.3
- Mining Method: underground

#### Location

- CRS: UTM system, Zone 18N, WGS84 projection

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2025-07-22T00:00:00.000Z

Reasoning: Expanded from assay table. 0.8 g/t gold is below against the underground mining band \[15, 7, 4, 2.5\] g/t. Grade×width 0.3 g/t·m is below.

- Negative factor: 0.8 g/t gold is below the weak threshold \(2.5 g/t\) on the underground mining band.

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 0.80

Context: Including

### DH471

[Link to this fact](https://atlas-staging.minestarters.com/news/morena-becomes-sixth-high-grade-discovery-in-santa-ana-s-current-drill-program--421c64e6-4580-4dad-a67b-c03f997200e8#fact-drill-facts-12)

Santa Ana · gold

#### Identity

- Hole ID: DH471
- Project: Santa Ana
- Commodity: gold
- Ticker: OCG

#### Geometry

- Grade: 1.52
- Grade Unit: g/t
- Intercept: 1.87 m
- True Width: 0.97 m
- From: 274.63 m
- To: 276.5 m

#### Classification

- Deposit Type: epithermal
- Sample Type: drill
- Group ID: DH471:274.63-276.5
- Mining Method: underground

#### Location

- CRS: UTM system, Zone 18N, WGS84 projection

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2025-07-22T00:00:00.000Z

Reasoning: Expanded from assay table. 1.52 g/t gold is below against the underground mining band \[15, 7, 4, 2.5\] g/t. Grade×width 2.8 g/t·m is below.

- Negative factor: 1.52 g/t gold is below the weak threshold \(2.5 g/t\) on the underground mining band.

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 1.52

Context: DH471

### Including

[Link to this fact](https://atlas-staging.minestarters.com/news/morena-becomes-sixth-high-grade-discovery-in-santa-ana-s-current-drill-program--421c64e6-4580-4dad-a67b-c03f997200e8#fact-drill-facts-13)

Santa Ana · silver

#### Identity

- Hole ID: Including
- Project: Santa Ana
- Commodity: silver
- Ticker: OCG

#### Geometry

- Grade: 1877
- Grade Unit: g/t
- Intercept: 0.55 m
- True Width: 0.29 m
- From: 275.63 m
- To: 276.18 m

#### Classification

- Deposit Type: epithermal
- Sample Type: drill
- Group ID: Including:275.63-276.18
- Mining Method: underground

#### Location

- CRS: UTM system, Zone 18N, WGS84 projection

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2025-07-22T00:00:00.000Z

Reasoning: Expanded from assay table. 1877 g/t silver is exceptional against the default band \[500, 200, 100, 30\] g/t. Grade×width 1032.4 g/t·m is moderate \(grade alone is exceptional; the better of the two is used\).

- Positive factor: 1877 g/t silver is exceptional on the default band.

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 1,877

Context: Including

### Including

[Link to this fact](https://atlas-staging.minestarters.com/news/morena-becomes-sixth-high-grade-discovery-in-santa-ana-s-current-drill-program--421c64e6-4580-4dad-a67b-c03f997200e8#fact-drill-facts-14)

Santa Ana · gold

#### Identity

- Hole ID: Including
- Project: Santa Ana
- Commodity: gold
- Ticker: OCG

#### Geometry

- Grade: 4.26
- Grade Unit: g/t
- Intercept: 0.55 m
- True Width: 0.29 m
- From: 275.63 m
- To: 276.18 m

#### Classification

- Deposit Type: epithermal
- Sample Type: drill
- Group ID: Including:275.63-276.18
- Mining Method: underground

#### Location

- CRS: UTM system, Zone 18N, WGS84 projection

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2025-07-22T00:00:00.000Z

Reasoning: Expanded from assay table. 4.26 g/t gold is moderate against the underground mining band \[15, 7, 4, 2.5\] g/t. Grade×width 2.3 g/t·m is below \(grade alone is moderate; the better of the two is used\).

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 4.26

Context: Including

### DH477

[Link to this fact](https://atlas-staging.minestarters.com/news/morena-becomes-sixth-high-grade-discovery-in-santa-ana-s-current-drill-program--421c64e6-4580-4dad-a67b-c03f997200e8#fact-drill-facts-15)

Santa Ana · gold

#### Identity

- Hole ID: DH477
- Project: Santa Ana
- Commodity: gold
- Ticker: OCG

#### Geometry

- Grade: 0.19
- Grade Unit: g/t
- Intercept: 3.05 m
- True Width: 1.33 m
- From: 361.31 m
- To: 364.36 m

#### Classification

- Deposit Type: epithermal
- Sample Type: drill
- Group ID: DH477:361.31-364.36
- Mining Method: underground

#### Location

- CRS: UTM system, Zone 18N, WGS84 projection

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2025-07-22T00:00:00.000Z

Reasoning: Expanded from assay table. 0.19 g/t gold is below against the underground mining band \[15, 7, 4, 2.5\] g/t. Grade×width 0.6 g/t·m is below.

- Negative factor: 0.19 g/t gold is below the weak threshold \(2.5 g/t\) on the underground mining band.

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 0.19

Context: DH477

### Including

[Link to this fact](https://atlas-staging.minestarters.com/news/morena-becomes-sixth-high-grade-discovery-in-santa-ana-s-current-drill-program--421c64e6-4580-4dad-a67b-c03f997200e8#fact-drill-facts-16)

Santa Ana · silver

#### Identity

- Hole ID: Including
- Project: Santa Ana
- Commodity: silver
- Ticker: OCG

#### Geometry

- Grade: 394
- Grade Unit: g/t
- Intercept: 0.59 m
- True Width: 0.26 m
- From: 361.31 m
- To: 361.9 m

#### Classification

- Deposit Type: epithermal
- Sample Type: drill
- Group ID: Including:361.31-361.9
- Mining Method: underground

#### Location

- CRS: UTM system, Zone 18N, WGS84 projection

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2025-07-22T00:00:00.000Z

Reasoning: Expanded from assay table. 394 g/t silver is strong against the default band \[500, 200, 100, 30\] g/t. Grade×width 232.5 g/t·m is weak \(grade alone is strong; the better of the two is used\).

- Positive factor: 394 g/t silver is strong on the default band.

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 394

Context: Including

### Including

[Link to this fact](https://atlas-staging.minestarters.com/news/morena-becomes-sixth-high-grade-discovery-in-santa-ana-s-current-drill-program--421c64e6-4580-4dad-a67b-c03f997200e8#fact-drill-facts-17)

Santa Ana · gold

#### Identity

- Hole ID: Including
- Project: Santa Ana
- Commodity: gold
- Ticker: OCG

#### Geometry

- Grade: 0.62
- Grade Unit: g/t
- Intercept: 0.59 m
- True Width: 0.26 m
- From: 361.31 m
- To: 361.9 m

#### Classification

- Deposit Type: epithermal
- Sample Type: drill
- Group ID: Including:361.31-361.9
- Mining Method: underground

#### Location

- CRS: UTM system, Zone 18N, WGS84 projection

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2025-07-22T00:00:00.000Z

Reasoning: Expanded from assay table. 0.62 g/t gold is below against the underground mining band \[15, 7, 4, 2.5\] g/t. Grade×width 0.4 g/t·m is below.

- Negative factor: 0.62 g/t gold is below the weak threshold \(2.5 g/t\) on the underground mining band.

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 0.62

Context: Including

### DH479

[Link to this fact](https://atlas-staging.minestarters.com/news/morena-becomes-sixth-high-grade-discovery-in-santa-ana-s-current-drill-program--421c64e6-4580-4dad-a67b-c03f997200e8#fact-drill-facts-18)

Santa Ana · gold

#### Identity

- Hole ID: DH479
- Project: Santa Ana
- Commodity: gold
- Ticker: OCG

#### Geometry

- Grade: 0.39
- Grade Unit: g/t
- Intercept: 1.16 m
- True Width: 0.58 m
- From: 340.45 m
- To: 341.61 m

#### Classification

- Deposit Type: epithermal
- Sample Type: drill
- Group ID: DH479:340.45-341.61
- Mining Method: underground

#### Location

- CRS: UTM system, Zone 18N, WGS84 projection

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2025-07-22T00:00:00.000Z

Reasoning: Expanded from assay table. 0.39 g/t gold is below against the underground mining band \[15, 7, 4, 2.5\] g/t. Grade×width 0.5 g/t·m is below.

- Negative factor: 0.39 g/t gold is below the weak threshold \(2.5 g/t\) on the underground mining band.

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 0.39

Context: DH479

### Including

[Link to this fact](https://atlas-staging.minestarters.com/news/morena-becomes-sixth-high-grade-discovery-in-santa-ana-s-current-drill-program--421c64e6-4580-4dad-a67b-c03f997200e8#fact-drill-facts-19)

Santa Ana · silver

#### Identity

- Hole ID: Including
- Project: Santa Ana
- Commodity: silver
- Ticker: OCG

#### Geometry

- Grade: 461
- Grade Unit: g/t
- Intercept: 0.41 m
- True Width: 0.21 m
- From: 340.85 m
- To: 341.26 m

#### Classification

- Deposit Type: epithermal
- Sample Type: drill
- Group ID: Including:340.85-341.26
- Mining Method: underground

#### Location

- CRS: UTM system, Zone 18N, WGS84 projection

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2025-07-22T00:00:00.000Z

Reasoning: Expanded from assay table. 461 g/t silver is strong against the default band \[500, 200, 100, 30\] g/t. Grade×width 189.0 g/t·m is below \(grade alone is strong; the better of the two is used\).

- Positive factor: 461 g/t silver is strong on the default band.

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 461

Context: Including

### Including

[Link to this fact](https://atlas-staging.minestarters.com/news/morena-becomes-sixth-high-grade-discovery-in-santa-ana-s-current-drill-program--421c64e6-4580-4dad-a67b-c03f997200e8#fact-drill-facts-20)

Santa Ana · gold

#### Identity

- Hole ID: Including
- Project: Santa Ana
- Commodity: gold
- Ticker: OCG

#### Geometry

- Grade: 0.25
- Grade Unit: g/t
- Intercept: 0.41 m
- True Width: 0.21 m
- From: 340.85 m
- To: 341.26 m

#### Classification

- Deposit Type: epithermal
- Sample Type: drill
- Group ID: Including:340.85-341.26
- Mining Method: underground

#### Location

- CRS: UTM system, Zone 18N, WGS84 projection

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2025-07-22T00:00:00.000Z

Reasoning: Expanded from assay table. 0.25 g/t gold is below against the underground mining band \[15, 7, 4, 2.5\] g/t. Grade×width 0.1 g/t·m is below.

- Negative factor: 0.25 g/t gold is below the weak threshold \(2.5 g/t\) on the underground mining band.

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 0.25

Context: Including

## How Atlas produces this analysis

Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.