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AbraSilver Drills 294 g/t AgEq over 67.5m at Diablillos & Provides La Coipita Drilling Update

(TheNewswire) High-Grade Oxide Intercept Contains 757 g/t AgEq (10.81 g/t AuE...

articleAbrasilver Resource Corp.April 27, 20225/company/abrasilver-resource-corp/news/abrasilver-drills-294-gt-ageq-over-675m-at-diablillos-and-provides-la-coipita-drilling-update
AbraSilver Drills 294 g/t AgEq over 67.5m at Diablillos & Provides La Coipita Drilling Update

About this update from Abrasilver Resource Corp.

[{"type":"text","content":"AbraSilver Drills 294 g/t AgEq over 67.5m at Diablillos & Provides La Coipita Drilling Update\n \n \n (TheNewswire)\n \n \n \n \n \n \n \n \n High-Grade Oxide Intercept Contains\n757 g/t AgEq (10.81 g/t AuEq) over 17m\n \n \n \n \n \n \n \n Toronto –\n \n \n \n \n TheNewswire -\n \n \n \n \n April\n27, 2022:\n \n \n \n \n AbraSilver Resource Corp. (TSXV:ABRA\n \n \n \n \n )\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\nassay results from its latest diamond drill hole from the ongoing\nPhase II program on the Company’s wholly-owned Diablillos property\nin Salta Province, Argentina. Key takeaways from the latest intercept\nincludes:\n \n \n \n \n \n \n Hole\n \n \n DDH\n22-005\n \n \n returned a near-surface oxide interval of\nhigh-grade gold and silver with\n \n \n 67.5 metres at 293.9 AgEq (or 4.20 g/t AuEq\n \n \n – comprised of 157 g/t Ag and 1.95 g/t Au),\n \n \n including 17 metres at 756.8 g/t AgEq (or\n10.81 g/t AuEq\n \n \n - 235 g/t Ag and 7.46 g/t Au);\nand\n \n \n \n \n \n \n This latest step-out hole is located southwest of the\nexisting Oculto Mineral Resource and the mineralization now extends to\nan area of\n \n \n 600\nmetres\n \n \n by\n \n \n 2,000 metres\n \n \n and\n \n \n remains open along strike and at\ndepth.\n \n \n \n \n \n \n John Miniotis, President and CEO, commented, “Hole\nafter hole, our ongoing drill program at Diablillos continues to far\nexceed all expectations.  Hole DDH 22-005 was drilled on the\nsouthwest margin of the conceptual open pit and clearly demonstrates\nthe continuity of high-grade mineralization beyond what was previously\nestimated. We look forward to building momentum with additional\nexploration news flow expected in the weeks and months\nahead.”\n \n \n \n \n The Company is also pleased to report that it has\ncompleted a maiden drill program at the La Coipita project in the San\nJuan province of Argentina, and is currently awaiting assay results\nfrom the laboratory. Hole DDHC 22-001 was terminated at 865 metres,\nwhile DDHC 22-002 was terminated at just over 1,200 metres\ndepth.\n \n \n \n \n Dave O’Connor, Chief Geologist, commented, “At La\nCoipita, we are very excited about the successful completion of our\niniti...

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