Toronto, Ontario--(Newsfile Corp. - February 17, 2026) - AbraSilver Resource Corp. (TSX: ABRA) (OTCQX: ABBRF) ("AbraSilver" or the "Company") is pleased to announce that it has entered into agreements with multiple arms' length parties to acquire several strategic mining properties in the vicinity of its flagship Diablillos project in Argentina (the "Project"). These acquisitions will significantly expand the Company's exploration pipeline and secure critical infrastructure optionality for future productio ...

Core Insights - AbraSilver Resource Corp. announced the final assay results from the Phase V diamond drilling program at its Diablillos project in Argentina, which will be included in the upcoming Mineral Resource estimate and Definitive Feasibility Study [1][2][3] Drill Results - The final Phase V drill results indicate high-grade silver-gold intercepts, particularly in holes DDH 25-099 and DDH 25-104, suggesting potential for incremental Mineral Resource growth [3][5] - Hole DDH 25-104 intersected 17.0 meters grading 432.1 g/t silver and 1.10 g/t gold, including a high-grade interval of 6.0 meters grading 1,093.0 g/t silver and 2.42 g/t gold [5][8] - Additional drilling at JAC confirmed broad zones of oxide silver mineralization, with notable results including 13.0 meters at 476.6 g/t silver in DDH 25-099 and 57.0 meters at 51.4 g/t silver in DDH 25-096 [6][8] Geological Context - The results from Phase V drilling provide important geological context for future exploration, confirming the continuity of silver-gold mineralization beyond the current resource envelope [3][4] - The potential to expand both gold and silver Mineral Resources highlights the scale of the Diablillos project and supports ongoing exploration and development strategies [3][4] Environmental and Regulatory Updates - The Environmental Impact Assessment (EIA) process for the Diablillos project is progressing well, with final community consultations expected to be completed in February [16] - The application under Argentina's Large Investment Incentive Regime (RIGI) framework is on track for approval by the end of Q1/2026 [17] Project Overview - The Diablillos property is located in the Puna region of Argentina, comprising 15 contiguous mineral concessions with excellent year-round access [19] - Exploration has outlined multiple occurrences of silver-gold oxide mineralization, with over 150,000 meters drilled to date, demonstrating strong growth potential [20][27]

Core Viewpoint - AbraSilver Resource Corp. has initiated the Phase VI diamond drilling program at its Diablillos project in Argentina, following the successful completion of Phase V drilling, which will contribute to an updated Mineral Resource estimate for the upcoming Definitive Feasibility Study [1][3][6]. Phase VI Drill Program Highlights - The Phase VI program will consist of approximately 15,000 meters of drilling across about 50 diamond drill holes, with two drill rigs currently active [4][6]. - The program aims to expand and upgrade Mineral Resources within and beyond existing conceptual open pit limits, focusing on high-priority targets such as Oculto East, Oculto Northeast, and Cerro Bayo [5][6]. Phase V Drill Results - Recent results from the Phase V drill program at JAC confirm the presence of silver mineralization at the periphery of the deposit, with notable intervals reported [9][10]. - The latest drill results include significant intercepts, such as 31 meters at 45 g/t Ag and 28 meters at 49 g/t Ag, indicating strong continuity of mineralization [10]. Mineral Resource Estimate - The most recent Mineral Resource estimate for Diablillos, as of July 21, 2025, includes 73.1 million tonnes grading 79 g/t Ag and 0.66 g/t Au, with a total of approximately 186 million ounces of silver and 1.6 million ounces of gold [18][22]. - The resource is categorized into Measured, Indicated, and Inferred categories, with significant potential for further growth based on ongoing exploration [18][22]. Exploration Focus - The Phase VI drilling will also evaluate the Condoryacu target, a new exploration area approximately 3 km south of the Oculto open pit, which has not been previously drill-tested [7][8]. - Additional drilling is planned for JAC, Sombra, and Fantasma to assess extensions of known mineralization and continuity between deposits, supporting long-term exploration upside [8][6].

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]

Core Points - AbraSilver Resource Corp. has submitted an application for its Diablillos silver-gold project to be included under Argentina's Large Investment Incentive Regime (RIGI) [1][2] - RIGI aims to attract major development projects in Argentina by providing long-term fiscal stability agreements and various tax, customs, and foreign-exchange benefits [2] - Approval under RIGI is expected to enhance project economics and investment certainty as Diablillos progresses to its next development phase [2] Company Overview - AbraSilver is focused on advancing its 100%-owned Diablillos silver-gold project located in Salta province, Argentina [3] - The current Measured and Indicated Mineral Resource estimate for Diablillos is 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 [3] - The company has an earn-in option and joint venture agreement with Teck on the La Coipita project in San Juan province, Argentina [3]

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]

Core Insights - AbraSilver Resource Corp. announced new assay results from five drill holes at its Diablillos project in Argentina, indicating significant expansion of oxide-hosted gold mineralization at the Oculto East site, with high-grade gold zones being extended [1][3][8] Drill Results Summary - Notable intercepts include: - DDH 25-077: 8.5 m grading 13.81 g/t gold and 14.3 g/t silver [3][8] - DDH 25-076: 180 m grading 0.65 g/t gold, including 15 m at 1.36 g/t gold [3][6] - DDH 25-075A: 73 m grading 0.55 g/t gold, with higher grades of 0.83 g/t and 0.75 g/t over shorter intervals [3][6] - The results demonstrate broad zones of gold and silver mineralization, confirming the potential for further expansion beyond the current conceptual open pit [5][8] Exploration Update - Ongoing exploration includes drilling at the porphyry complex located 4 km northeast of Oculto, with deep drill holes aimed at evaluating large-scale mineralization potential [12][13] - Additional assay results from nearby holes are pending, indicating continued exploration efforts to define the high-grade gold zone [9][12] Project Overview - The Diablillos property is situated in the Puna region of Argentina, comprising 15 contiguous mineral concessions with year-round access [16][24] - The current Measured and Indicated Mineral Resource estimate for Diablillos includes 73.1 million tonnes grading 79 g/t silver and 0.66 g/t gold, totaling approximately 186 million ounces of silver and 1.6 million ounces of gold [24][18]

Core Insights - The share price of AbraSilver Resource Corp. was approximately $4.05 in August, and the Diablillos project was viewed as an early promise by many investors [1] - The author is an economist and independent investor based in Argentina, currently pursuing a Ph.D. in Economics, which provides a unique perspective on local and regional market dynamics [1] Company Analysis - AbraSilver Resource Corp. is focused on the Diablillos project, which has seen a shift in perception over a short period, indicating potential growth and interest in the project [1] - The investment philosophy of the author emphasizes a deep-value approach, targeting underfollowed or undervalued companies, as well as established leaders with emerging structural value [1]

Core Points - AbraSilver Resource Corp. has entered into an agreement with National Bank Financial Inc. and Beacon Securities Limited for a bought deal offering of 6,113,000 common shares at C$7.10 per share, aiming for gross proceeds of C$43,402,300 [1][2] - The company may also conduct a concurrent private placement offering, allowing Kinross Gold Corporation and Proener SAU to purchase additional shares under a participation right [2][3] - The funds raised will be used to accelerate the development of the Diablillos silver-gold project in Argentina, including early development expenditures and securing critical items [3][4] Offering Details - The closing date for the offering is expected around October 22, 2025, subject to necessary approvals [4] - The offering will be made under the listed issuer financing exemption, allowing shares to be sold in Canada and potentially in the U.S. under certain exemptions [5][7] Company Overview - AbraSilver is focused on advancing its 100%-owned Diablillos silver-gold project, which has a current resource estimate 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 [9] - The company is led by an experienced management team and has supportive shareholders, with additional projects including a joint venture with Teck on the La Coipita project [9]

Core Insights - AbraSilver Resource Corp. announced new assay results from its ongoing Phase V exploration program at the Diablillos project in Argentina, indicating significant gold and silver mineralization potential [1][3][11] Drill Results Summary - At Oculto East, notable drill results include: - DDH 25-072: 140 m at 0.57 g/t gold, including 8 m at 2.60 g/t gold [5][8] - DDH 25-066: 1 m at 108.9 g/t gold and 18 m at 0.97 g/t gold [5][8] - DDH 25-069: 24 m at 1.02 g/t gold [5][8] - At the JAC zone, significant silver mineralization was reported: - DDH 25-053: 29 m at 65 g/t silver, including 7 m at 108 g/t silver [5][11] - DDH 25-058: 32 m at 100 g/t silver, including 2 m at 400 g/t silver [5][11] Exploration Potential - The results from Oculto East and JAC highlight the potential for expanding both gold and silver resources beyond the current conceptual open pit boundaries, indicating strong continuity and scale of mineralization [3][11][9] - The ongoing exploration efforts have outlined multiple occurrences of silver-gold oxide mineralization, demonstrating the growth potential of shallow, oxide-hosted resources [17][25] Project Overview - The Diablillos property is located in the Puna region of Argentina, comprising 15 contiguous mineral concessions with excellent year-round access [16][25] - The current Measured and Indicated Mineral Resource estimate for Diablillos includes approximately 73.1 million tonnes grading 79 g/t silver and 0.66 g/t gold, with significant upside potential based on recent drilling [25][18]