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AbraSilver Resource – Early Phase 5 Drilling Intersects 31.0 Metres Grading 10.0 g/t Gold For The Best Gold Intercept To Date At Diablillos

 

 

John Miniotis, President and CEO and David O’Connor, Chief Geologist of AbraSilver Resource Corp (TSX: ABRA) (OTCQX: ABBRF), join us to review one of the first drill assays returned from the ongoing Phase V exploration program, returning the best gold intercept to date at their wholly-owned Diablillos property in Salta Province, Argentina.  Due to the timing this hole will still make it into the updated Resource Estimate due out in mid-year in July.

 

These standout intercepts come from step-out hole # DDH 25-024, which encountered exceptional gold and silver mineralization just beyond the previously defined eastern margin of the conceptual Oculto open pit, in what has been dubbed the Oculto East area. These results underscore the strong potential for continued growth of high-grade mineralization east of Oculto, making this a high-priority exploration target for follow-up drilling in the ongoing Phase V drill program.   

 

Highlights include of DDH 25-024 include:

 

  • 31.0 metres (“m”) grading 10.0 g/t gold and 16 g/t silver, including 6.0 m at 41.9 g/t gold and 22 g/t silver

 

  • Additionally, the same hole returned a separate interval of 13.0 m grading 307 g/t silver from 216 m depth and within the conceptual open pit, including 8.0 m at 446 g/t silver in the upper silver-enriched zone

 

With three drill rigs now active across the broader Diablillos land package, and the potential to add a fourth rig in the future, the Company is entering another exciting new phase of exploration growth. In addition, the Company is doing all the derisking work programs in parallel with exploration for their ongoing Definitive Feasibility Study due out in early 2026.

 

If you have any follow up questions for John or Dave regarding at AbraSilver, then please email us at Fleck@kereport.com or Shad@kereport.com.

 

  • In full disclosure, Shad is a shareholder of AbraSilver at the time of this recording.

 

 

 

Click here to visit the AbraSilver website and read over the most recent news releases.

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Discussion
2 Comments
    May 20, 2025 20:39 PM

    PGE is getting attention because of what they have and more importantly now the jurisdiction they are in, sweet grass Montana. DT😜😉

    Reply
      May 20, 2025 20:48 PM

      As mentioned in my recent Substack article recapping the Fort Lauderdale conference, and after spending some time with Mike last week in FL and in GA, I think it is becoming more obvious that Sibanye Stillwater next door is going to need PGE’s Stillwater West Project to make them whole. Lots of government interest in the project too…

      Reply

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