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AbraSilver Commences Fully-Funded Phase V Exploration Campaign at Diablillos Project; Targeting Expansion of High-Grade Silver-Gold Mineralization

(TheNewswire) Toronto – TheNewswire - March 24, 2025: AbraSilver R...

articleAbrasilver Resource Corp.March 24, 20254/company/abrasilver-resource-corp/news/abrasilver-commences-fully-funded-phase-v-exploration-campaign-at-diablillos-project-targeting-expansion-of-high-grade-silver-gold-mineralization
AbraSilver Commences Fully-Funded Phase V Exploration Campaign at Diablillos Project; Targeting Expansion of High-Grade Silver-Gold Mineralization

About this update from Abrasilver Resource Corp.

[{"type":"text","content":"AbraSilver Commences Fully-Funded Phase V Exploration Campaign at Diablillos Project; Targeting Expansion of High-Grade Silver-Gold Mineralization\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 –\n \n\n\n\n TheNewswire -\n \n\n\n\n March 24, 2025: AbraSilver Resource Corp. (TSX:ABRA;\nOTCQX: ABBRF) (\"AbraSilver\" or the “Company”)\n \n\n\n is pleased to announce the commencement\nof a 20,000 metre (“m”) Phase V diamond drilling program on its\nwholly-owned Diablillos property in Argentina (“Diablillos” or the\n“Project”).  This new phase of exploration builds upon the highly\nsuccessful Phase IV drill campaign, which identified significant\nhigh-grade silver and gold mineralization across multiple targets\nwithin the broader Diablillos land package.\n \n\n\n\n Key Highlights\n \n\n\n\n\n\n Fully-funded 20,000 m\nprogram\n \n\n will primarily utilize three diamond\ndrill rigs to drill approximately 90 holes and is expected to be\ncompleted by December 2025;\n \n\n\n\n\n\n Combination of infill and step-out\ndrilling\n \n\n to further expand and upgrade the\nMineral Resource estimate, with an updated Mineral Resource estimate\nanticipated in mid-2025. Some condemnation drilling will also be\ncompleted as part of the Definitive Feasibility Study work that is\nunderway.\n \n\n\n\n\n\n Key drilling areas at Diablillos\ninclude:\n \n\n\n\n\n\n The Oculto-JAC epithermal district, focusing on\n \n\n JAC, JAC south extension,\nSombra, Oculto Northeast, Oculto East, Oculto West, and Laderas\ntargets.\n \n\n\n\n\n\n The northeast epithermal-porphyry\ncomplex,\n \n\n located approximately 4 km northeast of\nthe main Oculto deposit, including the newly identified Cerro Viejo\ngold target, which remains largely underexplored.\n \n\n\n\n\n\n\n\n John Miniotis, President and CEO, commented,\n“Following the strong results from our Phase IV drilling program and\nhighly successful equity raise, we are excited to initiate this next\nphase of exploration at Diablillos.  With multiple high-grade targets\nand a very robust financial position, we remain extremely\nwell-positioned to continue to build long-term value for our\nshareholders.”\n \n\n\n\n Dave O’Connor, Chief Geologist, commented, “The\nPhase V program ...

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