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AbraSilver Resource Corp V.ABRA

Alternate Symbol(s):  ABBRF

AbraSilver Resource Corp. is a Canada-based advanced-stage exploration company. The Company is focused on advancing its 100%-owned Diablillos silver-gold project in the mining-friendly Salta and Catamarca provinces of Argentina. Diablillos is an approximately 7,919 hectares (ha) (79 square kilometers (km2)) property located in the Argentine Puna region, which is the southern extension of the Altiplano of southern Peru, Bolivia, and northern Chile. In addition, the Company has entered into an earn-in option and joint venture agreement with Teck on the La Coipita project, located in the San Juan province of Argentina. The La Coipita project is a district scale property consisting of over 70,000 ha in the western portion of Calingasta Department, located in the San Juan Province of Argentina, adjacent to the Chilean border. The project lies within the Miocene porphyry-epithermal belt of Argentina and Chile.


TSXV:ABRA - Post by User

Bullboard Posts
Post by nomoneyon Feb 19, 2020 2:45pm
323 Views
Post# 30709582

News is out

News is out

ABRAPLATA INTERCEPTS 14 METRES OF 6.40 G/T GOLD & 197 G/T SILVER AND IDENTIFIES HIGH-GRADE COPPER ZONE WITH INTERCEPT OF 15 METRES OF 5.1% COPPER, 2.35 G/T GOLD & 658 G/T SILVER

Abraplata Resource Corp. has released significant high-grade assay results from the third diamond drill hole, DDH 20-001, completed at the Oculto deposit, located on its wholly owned Diablillos project in Salta province, Argentina. In addition to intercepting high-grade gold and silver mineralisation, DDH 20-001 intercepted high-grade copper mineralisation in the vertical continuation of a hydrothermal breccia beneath the current gold and silver resources at Oculto (see Table 2).

Hole DDH 20-001 was drilled to a depth of 359 metres to test for the vertical continuation of the Main Breccia below the existing mineral resources (Figures 1 and 2). DDH 20-001 intersected 14 metres grading 6.40 g/t gold with 197 g/t silver from 261 metres, which is interpreted to be part of the high-grade gold zone at the unconfirmity contact between the volcanics and basement. Immediately underneath this gold-rich interval, drilling intersected 15 metres of sulphide mineralisation grading 5.10% copper, 2.35 g/t gold and 658 g/t silver including 4 metres grading 10.28% copper, 6.44 g/t gold and 1,476 g/t silver 

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