AbraSilver Resource Corp. Reports Promising Drilling Results at Diablillos Project, Expanding Potential
- AbraSilver Resource Corp. reports promising drill results at Diablillos, including a significant 42-meter gold and silver interval.
- Drilling at Oculto East indicates strong potential for resource expansion, enhancing the project's growth prospects.
- The company emphasizes sustainable exploration practices while engaging with local stakeholders for mutual benefits.
AbraSilver Resource Corp. Expands Potential at Diablillos Project with New Drilling Results
AbraSilver Resource Corp. announces significant advancements in its Phase V exploration program at the Diablillos project located in Argentina. The company reveals promising drill results from step-out hole DDH 25-062, which uncovers a continuous 42-meter interval grading 0.68 grams per tonne (g/t) gold and 15 g/t silver. Notably, this includes a higher-grade core of 7 meters that grades 1.67 g/t gold and 17 g/t silver. The drilling occurs at Oculto East, an area that lies beyond the current conceptual open pit limits, indicating substantial potential for mineral resource expansion in a previously underexplored sector of the project.
The significance of the drilling results is underscored by the proximity of the new intercept—approximately 60 meters from a previously reported high-grade gold intercept in hole DDH-25-024. This continuity of mineralization is critical for the company's resource estimation and development strategy. AbraSilver’s exploration team operates three drill rigs to thoroughly delineate the extent and continuity of this promising zone, indicating a robust commitment to further exploration. The results from DDH 25-062 confirm a broad mineralized zone that extends from 108 to 341 meters down-hole, aligning with the trends observed in prior discoveries.
Company President and CEO John Miniotis acknowledges the implications of these results for the future growth potential of the Diablillos project. Chief Geologist Dave O’Connor highlights the systematic approach being employed to target areas within the eastern extension, aiming to fully define the high-grade mineralization present. The exploration team anticipates a steady stream of updates in the forthcoming weeks, reinforcing Oculto East's emerging significance within the broader Diablillos project.
In addition to the promising drill results, AbraSilver Resource Corp. continues to prioritize sustainable exploration practices while adhering to regulatory standards in Argentina. The focus on responsible mining aligns with global trends towards environmentally friendly resource extraction and community engagement. As the company advances its exploration efforts, it remains committed to fostering relationships with local stakeholders to ensure mutual benefits.
Market observers note that the successful drilling program at Diablillos positions AbraSilver favorably within the competitive landscape of precious metals exploration. The ongoing developments not only enhance the company's project portfolio but also contribute to the broader drive for resource security in an industry facing increasing challenges and demand for sustainable practices.