Outcrop Silver & Gold (OCG) investor relations material

Project highlights

• Hosts one of the world's highest-grade undeveloped primary silver projects, located in Falan, Tolima, Colombia, with strong local heritage and community support.

• Backed by significant investments from Eric Sprott and Jupiter Asset Management, with a robust treasury supporting ongoing exploration and development.

• Positioned in Colombia's most important metal mining district, benefiting from infrastructure, security, and government alignment.

Resource and exploration updates

• 2023 mineral resource estimate: Indicated 1.23 Mt at 24.2 Moz AgEq, Inferred 0.97 Mt at 13.5 Moz AgEq, with high grades and significant expansion potential.

• Ongoing aggressive drilling campaigns: 16,000m in 2024, 30,000m in 2025, and 35,000m planned for 2026, targeting new discoveries and resource growth.

• Multiple high-grade vein discoveries (Aguilar, Jimenez, La Ye, Los Mangos, Guadual, Morena) underpin resource expansion strategy.

Metallurgy and concentrate quality

• Achieves high metallurgical recoveries: 96.3% for silver and 98.5% for gold.

• Produces high-quality precious metal concentrate with grades up to 4,187 g/t Ag and 52.1 g/t Au.

• Resource grades among the highest of peer primary silver development projects globally.