AbraSilver Resource Corp. Reports High-Grade Silver Intercepts at Diablillos Project
- AbraSilver Resource Corp. reports high-grade silver intercepts at Diablillos, extending beyond current open pit limits.
- Recent drilling results include 65.0 meters at 162 g/t silver, highlighting significant mineralization potential.
- The company plans a fully-funded Phase V drill campaign to explore high-priority zones at Diablillos.
AbraSilver Resource Corp. Unveils Promising Silver Intercepts at Diablillos Project
AbraSilver Resource Corp. announces significant advancements from its Diablillos project in Argentina, particularly within the JAC Extension zone. The latest drill results reveal multiple high-grade, near-surface silver intercepts that extend beyond the existing conceptual open pit limits. This development emerges from the final phase of a successful Phase IV exploration campaign, which encompasses 21,172 meters of drilling. AbraSilver plans to integrate these results into an updated Mineral Resource estimate slated for mid-2025, underscoring the project's potential for substantial growth.
Among the standout drill results, Hole DDH 25-002 showcases an impressive 65.0 meters at 162 g/t silver, with a notable sub-section of 12.0 meters yielding 405 g/t silver. Another significant finding from Hole DDH 25-001 reveals 56.0 meters at 107 g/t silver, including a high-grade interval of 6.0 meters at 181 g/t silver. These results not only highlight the quality of the mineralization at Diablillos but also signal a robust future for the project as it transitions into the next phase of exploration. AbraSilver’s strategic focus on high-priority zones positions the company for ongoing exploration success.
John Miniotis, AbraSilver's President and CEO, expresses enthusiasm regarding the growth potential demonstrated by the recent Phase IV results, emphasizing their importance in shaping the project’s future. Chief Geologist Dave O'Connor adds that the strong silver grades found at shallow depths across broad widths indicate a promising mineral resource. With the Diablillos property comprising 15 mineral concessions acquired in 2016 and approximately 150,000 meters drilled so far, the project reveals significant silver-gold mineralization across various zones, setting the stage for what could be a transformative period for the company.
In addition to the promising drill results, AbraSilver is gearing up for a fully-funded Phase V drill campaign aimed at exploring high-priority zones at Diablillos. This new phase represents a commitment to further unlocking the project's potential, reflecting the company's strategic approach to exploration in Argentina's rich mining landscape. As AbraSilver continues to advance its operations, the focus remains on maximizing the resource potential at Diablillos, contributing to the broader growth of the silver mining sector in the region.