About Us - OutCrop Gold


Outcrop Gold Corp. is a Canadian company actively exploring for precious metals in Colombia and looking to expand into other high opportunity jurisdictions. Our offices are in Vancouver, Canada and Medellin, Colombia. Our primary listing is on the Toronto Venture exchange under the symbol OCG. In addition, our shares are listed in the United States (OTCPK: MRDD.F) and in Germany (DB: MRG1; ISIN: CA6900221087).

Business Model

Outcrop Gold follows the “prospect generator joint venture business model. “We leverage our intellectual capital within our highly experienced team to generate and acquire high quality exploration targets. We then attract funding from joint venture partners. This allows Outcrop to test multiple exploration targets, while preserving its treasury. The advantage of this business model to our investors is, that they hold numerous “lottery tickets” to participate in a discovery, in contrast to many exploration companies with a single project that is advanced entirely with internal funds. The concept is to let our partners fund most of the exploration expenditures in return for giving up project interest.

Outcrop Gold acquires prospective ground and does early stage mineral exploration such as geologic mapping, geochemistry and geophysics to generate targets. Joint venture partners then fund more advanced capital-intensive exploration work such as drilling.

The joint venture agreements are normally structured so that partners can earn a majority stake in the project over several years in exchange for cash or share payments and committed exploration expenditures.

 In a few instances Outcrop Gold will deviate from the prospect generator model when an exceptional risk to reward proposition presents itself. In this case Outcrop may decide to fund a drilling campaign by itself.

Key Strengths

Strong management team with decades of worldwide exploration and mining expertise and experience in the management and financing of public companies.

Employing the prospect generator model thus providing shareholder exposure to numerous gold exploration projects while at the same time preserving our capital.

Focused on frontier areas with a high discovery rate, with the emphasis on discovering world-class gold deposits.

A portfolio of Colombian projects that include drill ready, outcropping mineralized systems that can attract the interest of major mining companies.

Cauca – An advanced project, where 17,000 meters of historic core drilling indicate a large gold-silver-copper deposit consisting of high-grade epithermal gold-silver veins and gold-base metal veins superposed on older gold-copper porphyry mineralization. The high-grade veins in the deposit have never been modeled or included in historic resources (not NI43-101) estimates yet provide the highest gold endowment in the deposit.

A joint venture agreement with Newmont Mining Corporation on the Lyra project, located next to Continental Gold’s high grade Buritica project (Newmont owns 19.9% of Continental). Buritica is currently under construction and hosts a resource of 5.32 million ounces Gold at 10.32 g Au/t Measured & Indicated and 6.02 million in the inferred category.

Cheap option to acquire a 3.3% NSR on the Lucky Shot Mine in Alaska which could be monetized or held for future cash flow.

Management & Directors

Management Team

Ian Slater

Executive Chairman of the Board

Mr. Slater is an entrepreneur who has founded numerous companies and been involved in the mining industry for over twenty years. Previously, Mr. Slater was the Managing Partner of both Ernst & Young's Canadian and Arthur Andersen's Central Asian Mining Practices. Mr. Slater is a Chartered Accountant.

Joe Hebert

B.S. Geo. President, Chief Executive Officer and Director

Mr. Hebert brings 30 years of experience in the mining sector, ranging from diversified mineral exploration, mining geology, exploration management. Most of his career he was focused on Nevada, but also consulting in several countries including Colombia in the late 1990s. Mr. Hebert was senior exploration geologist for the Cortez Joint Venture located on the Battle Mountain Trend in North Central Nevada. He was a member of the exploration team who discovered the Cortez Hills deposit and ET Blue, subsequently a part of the Goldrush discovery. During his tenure at Cortez he directed all generative and acquisition efforts within the joint venture area of interest. Over the course of his career Mr. Hebert participated in multiple gold discoveries in Nevada and Utah. He was instrumental in assembling the Company's exploration staff and portfolio in Medellin, Colombia, and attracting joint venture partners. Previously Miranda, now Outcrop Gold, he progressed from Vice President of Exploration in 2005 to President and CEO in 2016.

Jay Sujir


Mr. Sujir is a securities and natural resources lawyer who has twenty-three years of experience in advising and assisting public companies. He is a senior partner with Farris, Vaughan, Wills & Murphy LLP. Mr. Sujir is a member of the Law Society of British Columbia, the Canadian Bar Association, and the British Columbia Advisory Committee of the TSX Venture Exchange.

Kevin Nishi


Mr. Nishi is a Chartered Professional Accountant and holds a Bachelor of Business Administration from Simon Fraser University. He has held several director positions with exploration stage mining companies. Mr. Nishi is a partner with Smythe LLP working with several public companies listed on the TSX and TSX Venture exchanges in Canada, and in the United States.

Chris Grainger


Mr. Grainger was previously the Vice President Exploration at Continental Gold and was involved in the identification and due diligence of the asset portfolio, including recognition of the world-class Buritica Au-Ag deposit which was recently acquired by Zijin Mining for over $1.4 billion. Mr. Grainger is an exploration and resource delineation geologist with a Ph.D. from the University of Western Australia in Economic Geology. He has over twenty years experience incorporating various aspects of exploration and development geology with an emphasis on precious metals within diverse geological environments and a dedicated focus on Colombian geology and mineral deposits over the last decade.

Alex Tong

Chief Financial Officer

Mr. Tong is a highly qualified finance professional with extensive senior management experience in the mining industry. Most recently he held the position of Director of Finance at diamond producer Lucara Diamond Corp. Prior to Lucara, Mr. Tong held senior finance roles at resource development public companies (including Energy Metals and NovaGold) where Mr. Tong was responsible for achieving operational performance, leading mergers and acquisitions while being involved with various financing initiatives. Mr. Tong is a Chartered Professional Accountant and holds a Bachelor of Business Administration from Simon Fraser University.

Dave Thomas

VP Exploration

Mr. Thomas is a senior geologist with over twenty years experience from managing and conducting exploration programs to developing resource models. Mr. Thomas speaks fluent Spanish.

Judy A. McCall

Corporate Secretary

Ms. McCall brings over 13 years’ experience as a corporate and securities Paralegal working in both the private and public natural resource sector. She is responsible for supporting the board of directors and its executives in regulatory, governance, and corporate secretarial management.  She has an active role in shareholder and stakeholder engagement as well has obtained proficient experience in providing corporate assistance to companies who operate within multiple jurisdictions such as US, BVI and various parts of Latin American. Ms. McCall has been a member of the Canadian Society of Corporate Secretaries since 2015.


Head Office

Outcrop Gold Corp.
905 – 1111 West Hastings Street
Vancouver, B.C.
Canada V6E 2J3

Colombia Office

Outcrop Gold Corp. & Miranda Colombia
Cra. 43A 1Sur 188
Of. 505 Ed. Davivienda
Medellín, Colombia


Davidson & Company LLP
1200 – 609 Granville Street
PO Box 10372, Pacific Centre
Vancouver, BC
Canada V7Y 1G6

Transfer Agent

Computershare Investor Services
1200 – 609 Granville Street
PO Box 10372, Pacific Centre
Vancouver, BC
Canada V7Y 1G6


Social Responsibility

In the early stages of the mineral-development-cycle, it is important for Outcrop Gold to use practices that reflect the principles of sustainability. These principles include elements of intra and inter-generational equity, the precautionary principle, exploration and mining practices supported by science, management of environmental and socioeconomic impacts as well as the engagement of all affected stakeholders. By demonstrating our commitment to responsible exploration and mining practices, we hope to aid in promoting goodwill and providing benefits to the communities of those areas where we explore, develop or finally mine, and ultimately reclaim.


Specifically, all sampling, drilling, testing and analysis has to be conducted as per regulatory guidelines in a safe and diligent manner using scientifically established practices to ensure representative and reliable results with minimal net negative environmental impact. Outcrop Gold understands that it needs to be sensitive to the culture it is working within and the importance of an open and transparent dialogue with all affected stakeholders.

It is our understanding at Outcrop Gold that sustainability – environmental, social and economic – is of the utmost importance in the perpetuation of the mining industry. For this reason, we seek to meet all regulatory guidelines and partner with groups that conduct themselves with the same objectives.


While Outcrop Gold Corp. (“Outcrop Gold”) has taken all reasonable care to ensure the accuracy of the information on this website, we shall not be held responsible for any eventualities arising from the use of this information. Visitors to this web site are advised to seek independent financial advice prior to making investment decisions. Nothing on this website constitutes an offer for sale of securities in the United States. The information on this website may be downloaded for personal use but may not be reproduced or modified without the permission of Outcrop Gold.

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Copyright and Trademark Notice

Outcrop Gold owns a copyright in the selection and arrangement of the content of this website, as well as in the content original to it. No unauthorized copying of any part of this website is permitted. However, Outcrop Gold authorizes you to make print copies of, or download documents or pages published by Outcrop Gold on this website for your own personal, non-commercial use only, provided that any copy of these documents that you make retains all copyright and other proprietary notices, and any disclaimer contained thereon. You may not offer for sale or distribute over any medium, any part of this website or any of its content.
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Privacy Statement

Outcrop Gold operates this web site. Outcrop Gold is concerned for and respects the privacy of each visitor to this web site. When you visit certain areas of this web site you may be asked for personal information such as your name, address, telephone number and email address. The intended use of such information is specified at the site where the information is collected. No personal information about you shall be collected without your consent.
Outcrop Gold also collects aggregated or non-personal information to track data such as the total number of visits to this web site or the number of visitors to each web page. This information shall remain in aggregated form and may be used to understand how visitors use this website.

Outcrop Gold will take reasonable precautions to prevent the loss, misuse or alteration of the information you provide. Any contractors, agents or representatives of Outcrop Gold who are required to have access to this information in the course of providing services to Outcrop Gold are required to keep that information confidential.

Forward Looking Statements

Certain of the statements contained within this website, including, without limitation, statements regarding the anticipated content, commencement and cost of exploration programs, anticipated exploration program results, the discovery and delineation of mineral deposits/resources/reserves, the anticipated preparation and timing of an updated 43-101 resource estimate, the potential for a significant expansion of the resource, the economic outlook for the gold mining industry, Outcrop Gold’s (the Company) expectations regarding gold prices and production, and its future liquidity and capital resources and planned expenditures, are forward-looking statements.

Information concerning mineral resource estimates may also be deemed to constitute forward-looking statements in that these statements reflect predictions of mineralization that would be encountered if a mineral deposit were to be developed and mined. Although the Company believes that such statements are reasonable, it can give no assurance that such expectations will prove to be correct.

Accordingly, the Company cautions that any forward-looking statements are not guarantees of future results or performance, and that actual results may differ materially from those set out in the forward-looking statements as a result of; among other factors, variations in the nature, quality and quantity of any mineral deposits that may be located, the Company’s inability to obtain any necessary permits, consents or authorizations required for its activities, material adverse changes in economic and market conditions, changes in the regulatory environment and other government actions, fluctuations in commodity prices and exchange rates, the inability of the Company to raise the necessary capital for its ongoing operations, and business and operational risks normal in the mineral exploration, development and mining industries, as well as the risks and uncertainties disclosed in the Company’s most recent Management Discussion and Analysis.

The Management Discussion and Analysis is filed with certain provincial securities commissions in Canada, available at www.sedar.com. The Company undertakes no obligation to update publicly or release any revisions to these forward-looking statements to reflect events or circumstances after the date of posting to this website or to reflect the occurrence of unanticipated events. All subsequent written or oral forward-looking statements attributable to the Company or any person acting on its behalf are qualified by the cautionary statements herein.

NI 43-101

All data is reviewed and verified by Outcrop Golds President & CEO Joseph P. Hebert, P. Geo, B.Sc. Geology and Qualified Persons (QP) as defined by National Instrument 43-101.