AbraSilver Resource Corp (TSX.V:ABRA) is an advanced-stage exploration company focused on rapidly advancing its 100%-owned Diablillos silver-gold project in the mining-friendly Salta province of Argentina, which contains a large resource base of 109 million ounces of silver and 1.3 million ounces of gold within the Oculto deposit, in the Measured and Indicated category (as of October 31 2022).
The company has recently discovered a brand-new exploration target (the JAC zone), located several hundred metres beyond the southwestern limit of the October 2022 Mineral Resource estimate at Oculto. To date, initial assay results received from the new JAC zone have demonstrated high-grade silver mineralization in near-surface oxide mineralization over broad widths, with excellent potential for continuity based on magnetics and geological interpretation. The new JAC zone adds a brand-new dimension to the Diablillos project and opens up considerable silver resource potential beyond the October 2022 Mineral Resource estimate.
Diablillos – Our principal project is Diablillos which contains a Ag-Au epithermal deposit called the Oculto Deposit for which a mineral resource has been estimated.
La Coipita - AbraSilver has an option agreement to acquire a 100% interest in the La Coipita project, located in the mining-friendly San Juan province, Argentina. The project is located in the prolific Miocene porphyry-epithermal belt which hosts multiple porphyry copper-gold targets.
Arcas - AbraSilver owns a 100% interest in a large, land package located in the Antofagasta Region of Chile. The main property is located approximately 245 km northeast of Antofagasta city, a world class mining hub.
Aguas Perdidas – Epithermal Au-Ag project in Chubut Province, Argentina, approximately 137 km southwest of Pan American's large Navidad project.