AbraPlata to Implement Strategic Plan

About this update from Abrasilver Resource Corp.

[{"type":"text","content":"AbraPlata to Implement Strategic Plan(via TheNewswire)\n\n \nBuenos Aires / TheNewswire / May 17, 2017 -- AbraPlata Resource Corp. TSX.V:ABRA (\"AbraPlata\" or the \"Company\") is pleased to report that, following the successful completion of the Company's reverse takeover of Huayra Minerals Corp. and concurrent financing, AbraPlata is poised to implement its plan to carry on business as a new mineral resource exploration and development company focussed on Argentina. \n\n\n \nOur Plan\n\n\n \nAs an Argentine-Canadian company with an Argentina-based senior management team, we believe that we are well-situated to gain national and local community acceptance in Argentina for our planned business activities by taking a shared approach involving broader participation in the risks as well as the significant rewards the success of our projects will bring. We believe that local participation, through capital investment, employment and other community engagement initiatives, our commitment to the highest environmental, safety and social responsibility standards, together with the deep Argentine roots of our senior management, will give us a competitive advantage.\n\n\n \nOur longer term strategy is to: \n\n\n \n\n\n- explore, develop and put into production mineral resource projects of a size, scope and cost as befits a mid-tier mining company with a view to evolving from an exploration company into a fully integrated producer; and to\n\n\n\n- identify and acquire, through exploration or otherwise, a mineral deposit of a size and scope more typically within the purview of the world's larger mining companies, to incubate the deposit to a stage at which we can sell it to a \"major\" or continue to participate in a minority role.\n\n\n\n\n \nTowards this end, we have an exciting and highly prospective portfolio of projects in Argentina that includes the Ag-Au Diablillos deposit and associated mineral occurrences in Salta Province, the Cerro Amarillo Cu-(Mo-Au) porphyry project in Mendoza Province, the Samenta Cu-Mo porphyry project in Salta Province, and the Aguas Perdidas epithermal Au-Ag project in Chubut Province. Both Diablillos and Samenta lie within a rapidly developing mineral district in northwestern Argentina that includes, TacaTaca (First Quantum), Lindero and Arizaro (Fortuna) and Rio Grande (Regulus).\n\n\n \nDiablillos\n\n\n \...

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