Phase IV Program At The Diabillos Project

Phase IV Program At The Diabillos Project

TORONTO – AbraSilver Resource Corp. reported on the ongoing, fully-funded 20,000 metre (m”) Phase IV drill program, on its Diablillos project in Argentina.  

Oculto Northeast: Hole DDH 24-031 was designed to expand the existing known shallow mineralization beyond the open pit margin at Oculto Northeast. Drilling encountered high-grade silver mineralization with 15.0 m grading 496 g/t Ag and 0.28 g/t Au, starting at a downhole depth of 152 m, within which was 5.7 m grading 1,151 g/t Ag and 0.22 g/t Au.  

Extension of JAC Zone: Hole DDH 24-033 was a step-out hole in the JAC southwest area that was drilled to extend the existing Mineral Resources beyond the current open pit boundary. Drilling intersected a broad zone of high-grade mineralization, with 50.0 m at 250 g/t Ag, starting at a downhole depth of 110 metres and included an interval of 5.0 m grading 1,036 g/t Ag

New Discovery Area (Sombra Target): Hole DDH 24-036 was the first reconnaissance hole targeting a brand new zone, named the Sombra target, located approximately 500 metres to the southeast of Oculto and JAC, that is believed to run parallel to the existing Mineral Resources.  

Drilling intersected mineralization near-surface, with 22.0 m at 40 g/t Ag starting at a downhole depth of only 42.5 m marking a successful initial test of this new exploration area.  Additional drilling is now planned to test the extent of mineralization in this new silver zone.