A Gold & Silver Exploration Company With Deep Roots
AbraSilver Resource Corp. is a Toronto-based mineral exploration company that offers investors exposure to silver, gold, and copper through projects at various stages of exploration, from drill-ready to PEA stage. AbraSilver provides major leverage to silver and gold through its 100% interest in the Diablillos project in the mining-friendly Salta province in Argentina.
Acquired from SSR Mining Inc. in 2016, the Diablillos project has had more than US$40 million spent on exploration and currently has a Measured and Indicated resource base of 90 million ounces of silver and over 1.0 million ounces of gold.
An updated preliminary economic assessment ("PEA") is scheduled to be completed on Diablillos in Q4/2021 to evaluate the economics of an open pit mining operation.
The Company also has a portfolio of earlier-stage exploration projects including the Arcas copper-gold porphyry project in Chile, on which Rio Tinto has the right to earn a 75% interest by spending US$25 million, as well as the La Coipita copper-gold project in San Juan, Argentina.
AbraSilver presents an excellent opportunity to participate in one of the most active junior silver exploration companies that also has significant gold leverage. While silver mining companies’ stock may be an attractive tranche in precious metals, AbraSilver’s diversified portfolio provides leverage across multiple metals.
AbraSilver is listed on the TSX Venture Exchange under the ticker symbol ABRA and on the OTCQX Exchange under the ticker symbol ABBRF.