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AbraPlata Completes Ground Magnetic Survey at Diablillos, Identifies Additional Drill Targets
(TheNewswire) Toronto - TheNewswire - November ...
About this update from Abrasilver Resource Corp.
[{"type":"text","content":"AbraPlata Completes Ground Magnetic Survey at Diablillos, Identifies Additional Drill Targets\n \n \n (TheNewswire)\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n Toronto -\n \n \n \n \n TheNewswire\n \n \n \n \n - November 04, 2020: AbraPlata Resource Corp.\n(TSXV:ABRA\n \n \n \n \n )\n \n \n \n \n (\n \n \n \n \n OTC:ABBRF)\n \n \n \n \n (\"AbraPlata\" or the\n\"Company\")\n \n \n \n is pleased to\nannounce the completion of geophysical surveys on its wholly-owned\nDiablillos Project, and provides the following geological observations\nand next steps:\n \n \n \n \n \n \n - The surveys\n \n \n have identified low\nmagnetic areas associated with lineaments that represent priority\ndrill targets.\n \n \n \n \n - These newly identified targets have the potential to\nsubstantially expand the known Oculto silver-gold resource westwards.\n \n \n \n \n - The west-northwest structure between the Oculto and\nFantasma mineralised zones may host untested mineralisation.\n \n \n \n \n - The Company plans to commence drilling the new\npriority targets later this month.\n \n \n \n \n \n \n David O'Connor, Chief Geologist, commented, \"We\nare excited to have identified several magnetic anomalies associated\nwith a conjugate set of East-Northeast and West-Northwest striking\nstructures that are new, priority drill targets with the potential to\nexpand the silver-gold resources at Oculto, Fantasma and other areas\nclose to the known resource base.\"\n \n \n \n \n The surveys were carried out by Quantec Geoscience S.A\nof Mendoza and included detailed ground magnetic surveys (50 metre\nline spacing) and three follow-up IP lines. The ground magnetic\nsurveys covered the Oculto epithermal silver-gold zone and the Cerro\nBlanco-Cerro Viejo zone, which has outcropping porphyry intrusions and\nis centred approximately 4 kilometres northeast of Oculto (Figure\n1).\n \n \n \n \n The detailed ground magnetic survey over the Oculto\nZone was designed to determine lineaments which may reflect possible\nstructures at Oculto, as existing silver and gold resources are\nstrongly correlated to faults and steeply dipping hydrothermal\nbreccias. The magnetic survey has successfully shown the extension of\na pronounced set of East-Northeast trending structures which are\nmineralised at the Oculto deposit, and a conjugate set of\nWest-Northwest trending ...