AbraSilver – All-time Highest-Grade Silver Intercept Released On The Entire Diablillos Project To Date Encountering 32,481 g/t Ag
John Miniotis, President and CEO of AbraSilver Resource Corp (TSX.V:ABRA – OTC:ABBRF), joins us to outline continued high-grade silver drill hits over wide intercepts from the JAC Target at the Diablillos Project in Argentina.
Just today, news was released where drill hole# DDH 23-004 encountered the all-time highest-grade silver intercept recorded on the entire Diablillos project to date and the best grade-thickness intercept to date at the new JAC Zone. This drill hole intersected a broad zone of 14.0 meters at 3,025 g/t Ag and 0.21 g/t Au starting from a down-hole depth of 136 meters, including the bonanza grade intercept of 32,481 g/t Ag and 0.74 g/t Au over 1.0 meter.
John outlines why the exploration team is so encouraged by the continued Phase 3 program drill success at this JAC Zone, as these results just followed another wide silver intercept reported on Feb 27th, where drill hole# DDH 22-083 intersected a broad zone of high-grade silver mineralization with 25.0 meters at 774 g/t silver, 0.28 g/t gold and 1.36% copper, starting from a down-hole depth of 159 meters. Many of the prior drill holes were also over larger 20-40 meter intercepts of mineralization near surface, making this area of prime interest for the upcoming resource estimate and PFS to be released later this year.
The Company already released a Resource Estimate for the Oculto Deposit on November 3rd of last year, but the focus now is for this expanded 22,000 meter Phase 3 drill program at the JAC Target to be released over the next few months, and then put into a maiden resource on this JAC target area in September, followed by incorporating other metallurgical work, environmental and permitting work, and other derisking work going on into a Preliminary Feasibility Study by year end.
If you have any follow up questions for John regarding at AbraSilver, then please email us at Fleck@kereport.com and Shad@kereport.com.
- In full disclosure, Shad is a shareholder of AbraSilver
Click here to visit the AbraSilver website and read over the most recent news releases.
Gold should have popped $75 to 100… on a banking crisis….. JMO
Yes. Before 2008. Dodd Frank convinced Wall Street they are bullet proof.
It jumped almost $120 in just the last few days…
My statement was made yesterday…….
With the thought of ……. it should have reacted with a GREATER POP, than
just a slow movement over several days….
I am long, so that is ok also
ABRACADABRA, I just had to say it, they are uncovering a very big cash of silver with some gold credits. It looks like I need to buy another silver stock. Eat your heart out IRISH! LOL! DT
A lot of shares out 500 mil+. Good drill results.
Make the reverse split, please
Good point Ulf. Prices suppressed.
That stuff that was good yesterday, isn’t today.
Within seconds the algos decided that “miners” are responsible for Banker Thefts.
site gurus bragging the rally in gold approaching Jan high, and yes condemning Joe as a buy indicator, yet what they buy and accumulate are sector equities, mostly dregs, which are down 40+ percent since January high, and worst for past year.
You act like it’s wrong to “condemn” Joe as a buy indicator when he’s been a perfect one and he nailed again along with you and Doc.
Nice to be OUT with cash. But with finger on the buy trigger.
Doc enjoy your gains on your spx short few weeks back. Good call.
This hammering of the oil price will destroy Putin and sadly drive the Russian public into abject poverty.
Only a recovery for China economy and demand could be an offset, but is not going to happen anytime soon.
Putin and the Russians will be okay. Real estate in Alberta and Texas could get hammered
Good one. LOL
Alberta will be fine, we didn’t go up nearly as much as the likes of Van. and Montreal, plus we have the youngest population in Canada. Join the list of others who have underestimated Alberta…
BTW, this is a snapshot of the Lithium sector in Alberta, we have millions of tons in the oil sands tailing ponds. Check out MGX minerals, E3Metals and Empire Metals to start.
My account was down the “exact” dollar amount that it was up yesterday. How is that for busting a course in Probability Statistics.
Moody’s downgrades US Banking System
Wonder why….. lol
Forget SVB, Credit Suisse is the real thing – a SIFI that could bring it all down – and that is perhaps why the world his pet rabbit decided to buy some counterparty risk protection on the Swiss bank…
Credit Suisse has been a known issue for years, however, today’s rather public refusal by the Saudis to throw any more money at the Swiss bank, could have been the straw on this camel’s back, sending the stock to new record lows…
Saudis fold – refuse to throw any more money at Credit Suisse
All is fine….. lol
By Hugo Miller and Bastian Benrath
Wednesday, March 15, 2023
Switzerland’s central bank and financial regulator said Credit Suisse Group AG will receive a liquidity backstop if needed, in a show of support aimed at restoring confidence in the troubled lender after its shares slumped by a record amount.
“Credit Suisse meets the capital and liquidity requirements imposed on systemically important banks,” the Swiss National Bank and Finma said in a joint statement late tosday. “If necessary, the SNB will provide Credit Suisse with liquidity.”
Finally…………. someone going to JAIL…………
By Chris Prentice and Pete Schroeder
via Yahoo Finance, Sunnyvale, California
Wednesday, March 15, 2023
WASHINGTON — The former head of Wells Fargo’s retail bank is facing prison time after pleading guilty to obstructing a bank examination in relation to the sweeping phony accounts scandal that roiled the bank in 2016.
Carrie Tolstedt faces up to 16 months in prison under a plea agreement with federal prosecutors filed on Wednesday, as well as a civil penalty of $17 million announced separately by the Office of the Comptroller of the Currency, who said Tolstedt was “significantly responsible” for the widespread sales abuses at the bank, where potentially millions of accounts were opened without customer approval.
Carrie Tolstedt faces 16 months in prison because she is a woman, remember Martha Stewart. Bernie Madoff got prison because he ripped off the rich and powerful. LOL! DT
Maybe she will get to play tennis with G.Maxwell….lol
Long and Variable Lags & The Sweet Spot For Gold
by @Goldfinger on 13 Mar 2023
“Economist Milton Friedman once stated that monetary policy acts with such a long and variable lag that any attempt to use it actively may aggravate, rather than ameliorate, economic fluctuations. While Friedman’s theory may be a bit simplistic, and require some nuance in today’s world. The fact is that it would be incredibly foolish to believe that a decade of ZIRP/NIRP followed by the sharpest tightening cycle since the early ’80s would result in a seamless soft landing transition.”
“In recent days, we have learned that a soft landing is less likely than ever before…”