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Bullboard - Stock Discussion Forum AbraSilver Resource Corp V.ABRA

Alternate Symbol(s):  ABBRF

AbraSilver Resource Corp. is a Canada-based silver and gold exploration company. The Company is focused on rapidly advancing its 100%-owned Diablillos silver-gold project in the mining-friendly Salta province of Argentina. Its project includes Diablillos, La Coipita, Arcas Copper / Gold Project and Aguas Perdidas. The Diablillos is a 7,919 hectares (ha) property located in the Argentine Puna... see more

TSXV:ABRA - Post Discussion

View:
Post by John104 on Jan 26, 2021 7:40pm

News

Exploration Program Update 

To date, the Company has reported results from a total of 18 diamond drill holes in the Oculto Zone as part of its recently expanded exploration program. Assays results from an additional 15 holes are currently pending from the laboratory due to delays caused by the COVID-19 pandemic, however the Company expects a rapid return of results over the next several weeks. 

The Company is currently concentrating on exploring the continuity of gold mineralisation to the northeast in support of an expansion of the Whittle Pit shell to the northeast (hole DDH 20-013), as well as defining zones of shallow silver and gold mineralisation within the pit (holes DDH 20-015 and DDH 20-017) which are expected to improve the economics of an open pit operation. Multiple shallow holes are planned in the upper part of the deposit, with the objective of converting waste to mineralized resources and reducing the overall strip ratio of the project. The second drill rig is also being used for reconnaissance exploration of peripheral target areas.

seemed like good results with more to come shortly per above 

 
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