Announcement Date: 2022-04-11
Announcement Type: Drilling Results
Announcement Code: NI43-101
Company name: AbraSilver Resource Corp.
Project name: Diablillos
Location: Argentina
Commodities: Gold,Silver
Highlight: Drilling results incl. 140.0m @ 1.17g/t Au, 219.0g/t Ag from 131m
Resources: only available to subscribers
CP/QP: only available to subscribers
Announcement summary: Toronto – April 11, 2022: AbraSilver Resource Corp. (TSX.V: ABRA; OTCQX: ABBRF) (“AbraSilver” or the “Company”) is pleased to announce assay results from three new diamond drill holes from the ongoing Phase II drill program on the Company’s wholly owned Diablillos property in Salta Province, Argentina. Highlight intercepts include Hole DDH 22-001 was drilled to test for shallow oxide mineralisation in the northern part of the Oculto zone (West Breccia). The hole successfully intersected two mineralised zones, with 24.5 metres at 58 g/t Ag and 0.71 g/t Au from 54 to 78.5 meters, and 45.5 metres at 59 g/t Ag and 0.31 g/t Au from 103.5 to 149.0 meters. Hole DDH 22-002 was drilled to test for shallow oxide mineralization at Oculto in the southwestern part of the Main Breccia. The hole intersected several mineralised zones, with 44.0 metres at 116 g/t Ag and 2.00 g/t Au from 92.5 to 136.5 metres, including 10.0 metres at 197 g/t Ag and 6.74 g/t Au from 106.5 to 116.5 meters. A further intercept was encountered totaling 6.0 metres at 327 g/t Ag and 0.12 g/t Au from 138.5 to 144.5 meters. The intercepts in holes DDH 22-001 and DDH 22-002 are expected to help further expand shallow Mineral Resources within the proposed open pit and reduce the overall stripping ratio.
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