AbraSilver Intercepts 274 Metres Grading 0.60 g/t Gold from 251 Metres Depth at Oculto East, Highlighting Potential for an Underlying Porphyry System

Core Insights - AbraSilver Resource Corp. announced significant assay results from its Diablillos project in Argentina, highlighting a 274-meter interval grading 0.60 g/t gold, including a high-grade section of 23 meters at 2.83 g/t gold, indicating strong potential for an underlying porphyry system [1][2][4] Exploration Results - The drill hole DDH 25-085 at Oculto East confirmed a broad mineralized corridor, with the high-grade interval reinforcing the continuity of gold mineralization in the area [5][9] - Additional drill holes, DDH 25-083 and DDH 25-082, also reported gold mineralization, with 26 meters at 0.74 g/t gold and 12 meters at 0.44 g/t gold, respectively [5][6] Geological Implications - The results from DDH 25-085 suggest a vertically extensive mineralization system, characteristic of fertile porphyry environments, with significant copper and molybdenum values indicating a potential porphyry center [4][5] - The geological features observed, such as silicification and advanced argillic-silicic alteration, are consistent with the upper levels of well-developed porphyry systems [5][12] Future Plans - The Phase V drill program is on track for completion by year-end, with plans for a Phase VI drill program in January 2026, focusing on resource expansion and deeper porphyry-related targets [16] - An updated Mineral Resource estimate is scheduled for H1 2026, which will inform an updated Mineral Reserve and mine plan [16] Company Overview - AbraSilver is focused on advancing its 100%-owned Diablillos silver-gold project, which has shown strong growth potential based on recent exploration drilling [25] - 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, with significant upside potential [25]