Core Viewpoint - AbraSilver Resource Corp. has announced significant assay results from its ongoing Phase V exploration program at the Diablillos project in Argentina, indicating an expansion of the gold-bearing zone at Oculto East, which is a key focus area for the company [1][2]. Summary by Sections Drill Results - The latest drill holes have confirmed the continuity of mineralization beyond the current Mineral Resource outline, with notable intercepts including: - DDH 25-060A: 60.0 m at 1.05 g/t gold, including 17.0 m at 2.83 g/t gold [5][8]. - DDH 25-067: 16.0 m at 1.74 g/t gold and 17.3 g/t silver [5][9]. - DDH 25-068: 21.0 m at 1.51 g/t gold and 49.5 g/t silver, followed by 64.0 m at 0.54 g/t gold and 19.8 g/t silver [5][11]. Exploration Program - The ongoing 20,000-metre Phase V drill program is progressing well, with three active rigs focusing on extending the gold zone at Oculto East beyond the existing Mineral Resource boundary [13]. - The results received so far indicate a broad zone of gold-dominant mineralization extending at least 200 metres east of the current open pit boundary, highlighting strong potential for further Mineral Resource expansion [13]. Project Overview - The Diablillos property is located in the Puna region of Argentina and comprises 15 contiguous mineral concessions acquired by AbraSilver in 2016 [17]. - The current Measured and Indicated Mineral Resource estimate for Diablillos consists of 73.1 million tonnes grading 79 g/t silver and 0.66 g/t gold, containing approximately 186 million ounces of silver and 1.6 million ounces of gold [25]. Management Commentary - The President and CEO, John Miniotis, expressed encouragement regarding the drilling results, which demonstrate the continuity of mineralization and strengthen confidence in the growth potential at Diablillos [7]. - Chief Geologist, Dave O'Connor, noted that the latest intercepts indicate that gold mineralization extends further east than previously modeled, emphasizing the focus on determining the full size and continuity of the expanding higher-grade gold zone [7].
AbraSilver Extends Gold Zone at Diablillos Project with Additional Broad Intercepts at Oculto East
Newsfileยท2025-08-25 11:30