AbraSilver Announces Doubling of Phase II Drill Program to 20,000 Meters

About this update from Abrasilver Resource Corp.

[{"type":"text","content":"AbraSilver Announces Doubling of Phase II Drill Program to 20,000 Meters\n \n \n (TheNewswire)\n \n \n \n \n \n \n \n \n \n Toronto -\n \n \n \n \n TheNewswire\n \n \n \n \n - October 28, 2021: AbraSilver 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 (\"AbraSilver\" or the\n“Company”)\n \n \n \n is pleased to announce\nan expansion of the ongoing Phase II drill program, on its\nwholly-owned Diablillos property in Salta Province, Argentina.\n \n \n \n \n The expanded Phase II drill program will consist of\napproximately 20,000 meters of diamond drilling with two drill rigs\nand is designed to further expand the existing Mineral Resources.  To\ndate, the Company has completed approximately 7,400 meters of drilling\n(in 33 holes) as part of the Phase II program.  The expanded program\nis targeted to be completed in the first half of 2022 and anticipated\nto be followed by another updated Mineral Resource estimate on the\nDiablillos project during the second half of 2022.\n \n \n \n \n The main objectives of the expanded Phase II drill\nprogram are listed below (see Figure 1):\n \n \n \n \n \n \n - Northeast Zone:\n \n \n Drill step-out holes targeting high-grade gold dominant\nmineralization in the Northeast Zone, which is expected to expand the\ndimensions of the proposed open pit and form the basis for a potential\nunderground Mineral Resource in this zone.\n \n \n \n \n - Tesoro Zone:\n \n \n Carry out close-spaced drilling in the high-grade silver and\ngold Tesoro Zone which is expected to convert existing Indicated\nMineral Resources to the Measured category.\n \n \n \n \n - Shallow Mineralization:\n \n \n Continue to expand shallow Mineral Resources\nwithin the existing open pit margin which is expected to further\nreduce the strip ratio and associated capital cost, as well as boost\nthe production profile in the initial years of the mine plan.\n \n \n \n \n \n \n John Miniotis, President and CEO, commented, “Our\nongoing exploration program is continuing to provide us with\noutstanding results, confirming the excellent upside potential at\nDiablillos.  This is a very exciting time for the Company, as we\ncontinue to focus on expanding the size of the Mineral Resource while\nadvancing the project towards a construction decision.”\n ...

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