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AbraSilver Reports 258 Million Silver-Equivalent Ounces Contained in M&I Categories, Substantially Increasing the Diablillos Mineral Resource Estimate
(TheNewswire) Maiden M&I Resource Estimate at High-Grade JAC Zone: 5.3 Mt at 212 g/t Ag...
About this update from Abrasilver Resource Corp.
[{"type":"text","content":"AbraSilver Reports 258 Million Silver-Equivalent Ounces Contained in M&I Categories, Substantially Increasing the Diablillos Mineral Resource Estimate\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 Maiden M&I Resource Estimate at\nHigh-Grade JAC Zone: 5.3 Mt at 212 g/t AgEq Containing 36 Moz AgEq\n \n \n \n \n \n Toronto,\n \n \n \n \n ON\n \n \n \n \n -\n \n \n \n \n TheNewswire -\n \n \n \n \n November 2\n \n \n \n \n 7\n \n \n \n \n , 2023 -\n \n \n \n \n AbraSilver Resource Corp.\n \n \n \n \n (TSX.V:ABRA\n \n \n \n \n )\n \n \n \n \n (\n \n \n \n \n OTC:ABBRF) (\"AbraSilver\" or the “Company”)\n \n \n \n is pleased to announce a substantial\nincrease to the Mineral Resource estimate (“MRE”) on the\nCompany’s wholly-owned Diablillos property in Salta Province,\nArgentina (“Diablillos” or the “Project”).  The MRE comprises\nan updated estimate for the Oculto deposit plus estimates for the JAC,\nFantasma and Laderas deposits, all of which are located to the\nwest/southwest of Oculto.  All four deposits are located at\nDiablillos.\n \n \n \n \n Key Highlights of the Updated MRE\nCompared to the MRE Announced\n \n \n \n \n November 3, 2022\n \n \n \n \n :\n \n \n \n \n \n \n A 36% increase in total contained\nsilver\n \n \n in Measured Indicated (“M”) Mineral\nResources to\n \n \n 148 million\nounces (“Moz”) Ag\n \n \n (from 109 Moz Ag),\nprimarily due to the recently discovered JAC deposit.\n \n \n \n \n \n \n Significant contained gold resource\ntotaling 1.36 Moz Au in MI,\n \n \n representing a 5%\nincrease in contained Au.\n \n \n \n \n \n \n A 32% increase\n \n \n in average silver grades\n \n \n in MI Mineral Resources to\n \n \n 87 g/t Ag\n \n \n (from 66\ng/t Ag), due to higher silver grades at the JAC deposit and higher\nequivalent cut-off grades at Oculto.\n \n \n \n \n \n \n Maiden MI MRE for the\n \n \n JAC deposit of 5.3 million tonnes at 202\ng/t Ag and 0.13 g/t Au, containing 34 Moz silver and 22 koz\ngold.\n \n \n \n \n \n \n The increased contained metal in the MRE comes despite\nthe adoption of a Net Value per Block methodology and an increased\nequivalent average cut-off grade of 45g/t silver-equivalent\n(“AgEq”) compared to the 35g/t AgEq...