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AbraSilver Announces Initial Drill Results from Phase IV Exploration Program at the Diablillos Silver-Gold Project; Intersects 33 Metres Grading 245 g/t Silver
(TheNewswire) Toronto – July 22, 2024 – TheNewswire : AbraS...
About this update from Abrasilver Resource Corp.
[{"type":"text","content":"AbraSilver Announces Initial Drill Results from Phase IV Exploration Program at the Diablillos Silver-Gold Project; Intersects 33 Metres Grading 245 g/t Silver \n \n \n (TheNewswire)\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n Toronto – July 22,\n2024 –\n \n \n \n \n TheNewswire\n \n \n \n \n : AbraSilver Resource Corp. (TSX.V: ABRA; OTCQX:\nABBRF)\n \n \n \n \n (“AbraSilver” or the “Company”)\n \n \n \n is pleased to announce the first set of\nassay results from the Company’s fully-funded 20,000 metre Phase IV\ndrill program, on its wholly-owned Diablillos project in Salta\nProvince, Argentina (the “Project”).\n \n \n \n \n The ongoing Phase IV drill program is focused on\nexpanding target areas with known mineralization as well as exploring\nnewly identified prospective exploration targets within the broader\nDiablillos land package.  Key takeaways from the latest drill results\ninclude the following holes all in the southwest of the JAC zone.:\n \n \n \n \n \n \n Hole DDH 24-003 intersected a broad zone of\nnear-surface silver mineralization, consisting of\n \n \n 33 metres grading 87 g/t Ag\n \n \n starting at a\n \n \n down-hole depth of only 69 metres\n \n \n .  The\nintercept is located in a zone within the conceptual open pit boundary\nthat is currently classified as waste.\n \n \n \n \n \n \n Hole DDH 24-004 encountered a wide zone of high-grade\nsilver mineralization, grading\n \n \n 245 g/t Ag over 33.4 metres.\n \n \n Drilling in this\nzone is designed to convert Inferred Mineral Resources to the\nIndicated category, within the conceptual open pit boundary.\n \n \n \n \n \n \n Hole DDH 24-005 intersected\n \n \n 26 metres grading 113 g/t Ag.\n \n \n This intercept is located approximately 35 metres south of\nthe conceptual open pit margin and is expected to extend\nmineralization and the Mineral Resources in that direction.\n \n \n \n \n \n \n John Miniotis, President and CEO, commented, “We are\npleased to see this successful start to our Phase IV drilling program\nwhich demonstrates the significant upside potential at Diablillos.\n \n \n These initial results demonstrate the strong\ncontinuity of high-grade silver mineralization surrounding the JAC\ndeposit, which continues to remain open in multip...