Outcrop Silver & Gold Corporation report outstanding metallurgical follow-up results from the high-grade Santa Ana silver project. This phase of metallurgical testing was completed to characterize the produced tailings and their environmental impact, simulate real-life processing along a locked cycle, and characterize the final products. The metallurgical test work confirms for the Santa Ana project a premier level recovery based solely on flotation, high quality and clean precious metal concentrate and a flotation-only non acid-generating tailing.

Outcrop Silver prepared four core sample composites using coarse laboratory rejects. Two samples for each vein as follow: samples POR-01 and POR-02 for the La Porfia vein and samples PAR-01 and PAR-02 for Paraiso vein. Each composite weighted approximately 50 kilograms, and the samples represented two metallurgical domains: high-grade and low-grade.

The high-grade composites represent the average grade in the ore-shoot, while the low-grade represents Outcrop Silver's "significant result" threshold. SGS Metallurgical Services Chile has conducted all preparation and testing to date. The latest metallurgical work consists of kinetic flotation locked circuit tests on the PAR-2 sample from the Megapozo shoot of the Paraiso vein and Acid-Drainege Generation potential assessment.

The resulting concentrate was also chemically characterized with ICP at SGS Chile under the analytical method ICP040B for a complete 43-element screening to determine concentrations of potential deleterious elements. The arsenic content is 0.43%, and the antimony is 0.09% showing acceptable levels for commercial terms of sale. Such characterizations are vital, offering insights into the concentrate's quality and ensuring it aligns with industry standards for marketability.

Particle Mineral Analysis (PMA) and Trace Mineral Search (TMS) for mineralogical characterization of the gold and silver concentrate through QEMSCAM performed at SGS Chile allowed to determine the majority of gold is present as electrum with the silver proportion ranging from 57 to 86%. The electrum is closely related to silver sulfides, pyrite, sphalerite, and galena. TMS also determined the lack of free gold grains in the concentrate.

On the other hand, forty percent of silver minerals are free and as sulfides, like Argentite, and are associated with pyrite, galena, sphalerite, and electrum. The NAG test is a static test used to predict the generation of acid rock drainage during and after a mining operation. It is considered a stand-alone prediction tool, and it is based on the chemical reaction to accelerate the oxidation of sulfide minerals in a sample.

The ABA test is the most commonly used static method for characterizing mining waste. It is a screening method for determining the mine waste's acid generation and neutralization potential. The ABA test includes determining the waste's sulfur/sulfide content.

The tails from the locked cycle flotation tests were analyzed with NAG and ABA tests. The NAG and ABA static tests highly indicate the ability to produce non-acid generating tails, offering significant environmental benefits. Such outcomes align with Outcrop Silver's dedication to minimizing environmental impact.

As the project progresses, future testing will include dynamic test work to further confirm these positive results.