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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

Post by Augataagon Oct 28, 2021 8:16am
218 Views
Post# 34057723

More good news - including Rio Tintos drilling program

More good news - including Rio Tintos drilling programHighlights include

Several Near-Term Milestones

Looking ahead, the Company remains on track to deliver several important milestones over the coming months, including:

  • Updated PEA study: The updated PEA study continues to progress well and remains on track to be completed in November. The study is being led by Mining Plus, an industry leading mining technical services provider, with input from specialists across all key mining disciplines.
  • Drill Results: Ongoing drill results from the expanded Phase II program are expected to be announced on a consistent basis through mid-2022.
  • Optimization and Trade-Off Studies: Following the completion of the updated PEA study, the Company plans to initiate engineering activities and commence a number of trade-off and optimization studies designed to continue to further enhance the economics of the project.
  • Other Projects:
    • Arcas Project, Chile – Our partner, Rio Tinto has completed the initial 2,000-meter drill program at Arcas. Assay results will be announced once received.
    • La Coipita Project, Argentina – The Company plans to commence an initial drill program at La Coipita prior to year-end. The initial program is expected to consist of approximately 3,000 meters (in 7-8 holes).
https://ceo.ca/@thenewswire/abrasilver-announces-doubling-of-phase-ii-drill-program

Lol - I have sold all of my other PM stocks and plowed it all into ABRA :)

Good luck to all the longs :)

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