AbraSilver Continues to Drill High-Grade Gold at Diablillos, with 36 Metres of 2.32 g/t Gold Intersected at Oculto East
Newsfile·2025-11-19 12:30

Core Insights - AbraSilver Resource Corp. has reported new assay results from its ongoing Phase V exploration program at the Diablillos project in Argentina, highlighting high-grade gold mineralization at Oculto East and confirming broad gold-copper mineralization at Cerro Viejo [1][3][4] Summary of Drill Results - At Cerro Viejo, two drill holes intersected continuous gold mineralization from surface, with notable results including: - DDH 25-050: 128.0 metres at 0.24 g/t gold - DDH 25-056: 200.0 metres at 0.32 g/t gold, including 10.0 metres at 1.10 g/t gold and 11.0 metres at 0.33 g/t gold with 0.46% copper [4][5] - At Oculto East, significant high-grade intervals were reported, including: - DDH 25-078: 36.0 metres at 2.32 g/t gold, including 11.0 metres at 3.76 g/t gold - DDH 25-081: 10.0 metres at 0.72 g/t gold [4][5][9] Exploration Potential - The drilling results at Oculto East indicate a large, continuous extension of the mineralized system, with two distinct sub-parallel zones of mineralization approximately 500 metres apart, suggesting significant scale and continuity [3][9] - Drilling at Cerro Viejo confirms the presence of a significant gold-copper porphyry system, with deeper drilling currently underway to evaluate the underlying porphyry source [3][6] Project Development - The company has completed all necessary work for the application under Argentina's Large Investment Incentive Regime (RIGI), aimed at attracting major development projects [13] - The Definitive Feasibility Study (DFS) is nearing completion, with metallurgical test work and site investigations finalized, and is on track for completion in H1 2026 [14] Mineral Resource Estimate - The latest Mineral Resource estimate for Diablillos includes: - Measured: 26,545,000 tonnes at 0.71 g/t gold and 119 g/t silver - Indicated: 46,584,000 tonnes at 0.63 g/t gold and 56 g/t silver - Inferred: 9,693,000 tonnes at 0.58 g/t gold and 34 g/t silver [18]