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AbraSilver Announces New Mineral Resource Estimate with Over 215Moz AgEq at Diablillos
(TheNewswire) M&I Mineral Resource Estimate Increased to 51.3Mt at 66g/t Ag and 0...
About this update from Abrasilver Resource Corp.
[{"type":"text","content":"AbraSilver Announces New Mineral Resource Estimate with Over 215Moz AgEq at Diablillos\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 M&I Mineral Resource Estimate Increased to 51.3Mt\nat 66g/t Ag and 0.79g/t Au & Does Not Include New High-Grade\nSilver Discovery in Southwest Zone at Diablillos\n \n \n \n \n \n Toronto –\n \n \n \n \n TheNewswire -\n \n \n \n \n November 03, 2022: AbraSilver Resource Corp.\n(TSXV:ABRA\n \n \n \n \n )\n \n \n \n \n ;\n \n \n \n \n (\n \n \n \n \n OTC:ABBRF) (\"AbraSilver\" or the\n“Company”)\n \n \n \n is pleased to announce\nan updated, conceptual open pit constrained, Mineral Resource estimate\nfor the Oculto deposit on the Company’s wholly-owned Diablillos\nproperty in Salta Province, Argentina.  The Mineral Resource estimate\nis based on a total of 104,888 metres of drilling in 457 holes.\n \n \n \n \n Highlights of the October 2022 Mineral Resource\nEstimate:\n \n \n \n \n \n \n Substantial growth in Measured Indicated (“M”)\nMineral Resources:  51.3Mt at 66g/t Ag and 0.79g/t Au for contained\n109Moz silver\n \n \n and\n \n \n 1.3Moz\ngold,\n \n \n a\n \n \n 22%\n \n \n increase\n \n \n in contained silver and a\n \n \n 29%\n \n \n increase in contained\ngold\n \n \n over the September 2021 estimate\n \n \n \n \n \n \n Demonstrates a large, near-surface, potentially open\npittable high-grade silver-equivalent (\n \n \n AgEq\n \n \n ”) Mineral Resource base at\nDiablillos: 51.3Mt at 131g/t AgEq with +\n \n \n 215Moz\nAgEq\n \n \n \n \n \n \n 135% increase in tonnage\n \n \n of the\nhigh-grade zone\n \n \n , classified in the Measured\ncategory, now totaling\n \n \n 19.3Mt at 98g/t Ag \n0.88g/t Au\n \n \n \n \n \n \n US$5.1M\n \n \n Phase II drill program\n \n \n added 43Moz AgEq contained in the MI Mineral\nResource,\n \n \n representing an\n \n \n impressive cost of only US$0.12 per ounce AgEq added\n \n \n \n \n \n \n Extensive Mineral Resource growth potential remains:\n \n \n Ongoing Phase III drill program focused on\nexpanding the recent high-grade silver discovery in the Southwest\nzone, for which a\n \n \n maiden Mineral Resource\nestimate is expected in H1/2023\n \n \n \n \n \n \n John Miniotis, President and CEO, commented, “Our\nteam first started drilling the Diabli...