AbraSilver Resource Corp. Discovers High-Grade Mineralization at Diablillos Project, Boosting Exploration Potential
- AbraSilver Resource Corp. reports significant drill results at Diablillos, featuring a 42-meter interval of gold and silver mineralization.
- Ongoing exploration with three rigs aims to expand the high-grade mineralization zone at the promising Oculto East target.
- The project’s potential for resource expansion reflects AbraSilver's commitment to maximizing shareholder value through strategic exploration efforts.
Significant Discoveries at Diablillos Project Enhance Exploration Potential for AbraSilver Resource Corp.
AbraSilver Resource Corp. (TSX: ABRA; OTCQX: ABBRF) announces remarkable new drill results from its ongoing Phase V exploration program at the Diablillos project in Argentina. The standout discovery originates from step-out hole DDH 25-062, which reveals a continuous interval of 42 meters grading 0.68 g/t gold and 15 g/t silver. This includes a higher-grade core of 7 meters at 1.67 g/t gold and 17 g/t silver. Drilled at Oculto East, this hole extends into a previously underexplored area beyond the existing conceptual open pit, showcasing significant potential for mineral resource expansion. The promising results come just 60 meters from a previously reported high-grade gold intercept in hole DDH-25-024, bolstering the project's positive outlook.
The exploration team at AbraSilver is actively drilling with three rigs to further delineate the size and continuity of this high-grade mineralization zone. The Oculto East target appears highly prospective, as the recent drill results confirm an extensive mineralized zone extending beyond current limits, suggesting potential continuity with the main Oculto mineralization. This development indicates that there may be more high-grade resources to uncover, adding to the already robust profile of the Diablillos project. John Miniotis, President and CEO, emphasizes the continued growth potential of the site, while Chief Geologist Dave O'Connor highlights the systematic targeting of promising areas in the eastern extension of the project.
The latest drill results at Diablillos exemplify AbraSilver's commitment to advancing its exploration efforts in Argentina. The ongoing exploration not only enhances the understanding of the mineralization patterns but also indicates that significant resource expansion is possible. The confirmation of strong continuity along the same horizon as previous intercepts suggests that ongoing drilling will likely yield further positive results. As AbraSilver continues its exploration program, the company remains optimistic about the potential for discovering additional high-grade mineral resources at Diablillos.
In addition to the exciting drill results, AbraSilver's robust exploration strategy signifies its proactive approach to resource development in the competitive mining sector. The company’s efforts to explore underdeveloped areas of the Diablillos project reflect a strategic vision aimed at maximizing shareholder value through responsible resource extraction. The exploration news is expected to keep flowing as the company drills into new areas, maintaining investor interest in the project’s future potential.
As AbraSilver Resource Corp. pushes forward with its exploration initiatives, the Diablillos project stands as a key asset in its portfolio, with promising indications for further discoveries that could shape the company’s future in the mining industry.