Announcement Date: 2022-08-22
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. 155.0m @ 1.48g/t Au, 185.5g/t Ag from 71m
Resources: only available to subscribers
CP/QP: only available to subscribers
Announcement summary: Toronto – August 22, 2022: AbraSilver Resource Corp. (TSX.V: ABRA; OTCQX: ABBRF) (“AbraSilver” or the “Company”) is very pleased to announce new assay results from four diamond drill holes from the Phase II program on the Company’s wholly-owned Diablillos property in Salta Province, Argentina (“Diablillos” or the “Project”). Wide zones of high-grade mineralization were encountered in all four holes. Hole DDH 22-037 was an in-fill hole drilled vertically in the Tesoro zone and contains the thickest, high-grade silver-gold intercept ever encountered on the Project. Key takeaways include Holes DDH 22-025 and DDH 22-026 were step-out holes drilled in the Oculto NorthEast zone, located well outside of the conceptual open pit boundary. Both holes intersected high-grade gold mineralization in what is interpreted as being an enrichment zone at the intersection of the North and West breccias. Hole DDH 22-025 intersected several well-mineralized zones throughout the hole, including 24 metres at 51 g/t Ag and 1.85 g/t Au in oxides from a downhole depth of 232 metres. Hole DDH 22-026 also encountered widespread gold mineralization throughout the hole, with the highlight interval being 37.5 metres at 8.1g/t Ag and 2.56 g/t Au from 295 to 332.5 metres.
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