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AbraSilver Consolidates Diablillos Footprint with Multiple Acquisitions to Add Future Exploration Upside and Expansion Potential
Toronto, Ontario--(Newsfile Corp. - February 17, 2026) - AbraSilver Resource Corp. (TSX: ABRA) (OTCQX: ABBRF) ("AbraSilver" or the "Company") is pleased to announce that it has entered into agreements with multiple arms' length parties to acquire several strategic mining properties in the vicinity of its flagship Diablillos project in Argentina (the "Project"). These acquisitions will significantly expand the Company's exploration pipeline and secure critical infrastructure optionality for...
About this update from Abrasilver Resource Corp.
[{"type":"text","content":"Toronto, Ontario--(Newsfile Corp. - February 17, 2026) - AbraSilver Resource Corp. (TSX: ABRA) (OTCQX: ABBRF) ("AbraSilver" or the "Company") is pleased to announce that it has entered into agreements with multiple arms' length parties to acquire several strategic mining properties in the vicinity of its flagship Diablillos project in Argentina (the "Project"). These acquisitions will significantly expand the Company's exploration pipeline and secure critical infrastructure optionality for future production expansion scenarios.","length":571,"tagName":"p"},{"type":"text","content":"John Miniotis, President and CEO, commented, "These strategic acquisitions represent a proactive step in de-risking and enhancing the long-term value of the Diablillos district. By expanding our land position and securing essential infrastructure rights now, we are providing the Company with the flexibility and optionality required to scale the Project well beyond the base-case parameters of our upcoming Definitive Feasibility Study, including life of mine extension and throughput expansion."","length":507,"tagName":"p"},{"type":"text","content":"The total consideration to be paid is approximately US$4.65 million, consisting of US$3.70 million in total cash payments and approximately US$0.95[1] million in common shares of AbraSilver. In total, these properties add more than 6,200 hectares to the Company's land package around the Diablillos project.","length":311,"tagName":"p"},{"type":"text","content":"Bianca X & El Chanal: Securing Access to Additional Water Resources","length":71,"tagName":"p"},{"type":"text","content":"The Company has acquired the Bianca X mining property and has entered into an option agreement to acquire the El Chanal mining property, each located in San Antonio de los Cobres, Salta Province, Argentina.","length":206,"tagName":"p"},{"type":"text","content":"While the Company's upcoming Definitive Feasibility Study (DFS) in respect of the Project focuses on a robust production scenario based on secured water rights, these land parcels provide the Company with additional access to water to support potential future expansions at the Project beyond the base-case throughput of 9,000 tonnes per day.","length":346,"tagName":"p"},{"type":"text","content":"Condoryacu & Maria ...