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AbraSilver Resource Announces Exploration Drilling Results at JAC Zone and La Coipita Project; JAC Results Include 3 Metres at 2,070 g/t Ag
La Coipita Drill Hole Returned a Broad Intercept Totaling 694 Metres at 0.16% Cu and 81 ppm Mo Toronto, ON - TheNewswire - July 12, 2023 - AbraSilver Resource C
About this update from Abrasilver Resource Corp.
[{"type":"text","content":"La Coipita Drill Hole Returned a Broad Intercept Totaling 694 Metres at 0.16% Cu and 81 ppm Mo Toronto, ON - TheNewswire - July 12, 2023 - AbraSilver Resource Corp. (TSX.V:ABRA) (OTC:ABBRF) (\"AbraSilver\" or the “Company”) is pleased to announce the latest assay results from the Company’s Diablillos property in Salta Province, Argentina (“Diablillos” or the “Project”), as well as the La Coipita project located in the San Juan province of Argentina. Highlights include: At JAC, results continue to encounter silver-rich intercepts outside the main mineralized zone, as drilling remains focused on determining the margins of the high-grade silver oxide mineralization. DDH 23-046 located in the northwestern part of the main zone encountered 3.0 metres at 2,070 g/t Ag and 0.27 g/t Au. DDH 23-050 intercepted 10.5 metres at 281 g/t Ag on the SE edge of the main zone. DDH 23-052 encountered 35.5 metres at 112 g/t Ag on the NW edge of the main zone from a downhole depth of only 41.0 metres. At La Coipita, hole DDHC 23-001 intersected a broad zone of continuous copper-molybdenum mineralization totaling 694m grading 0.16% Cu and 81 ppm Mo at the Yaretas target from a downhole depth of 548.0 metres.. This large intersection demonstrates the substantial size potential of the Yaretas porphyry system. John Miniotis, President and CEO, commented, “With the Phase III drill program nearing completion, we are very pleased that we continue to encounter wide intersections of silver mineralization beyond the main mineralized zone at JAC. The JAC zone features a highly attractive combination of scale, grade and continuity, which is expected to significantly enhance the economics of our Diablillos project. We look forward to receiving additional drill results and incorporating all the data into an updated Mineral Resource estimate later this year.” The latest assay result highlights are summarized in Table 1 for Diablillos and Table 2 for La Coipita. Table 1 – Summary of Diablillos Drill Results in JAC Zone(Intercepts greater than 2,000 gram-metres Ag shown in bold text): Drill Hole Area From (m) To (m) Type Interval (m) Ag g/t Au g/t DDH-23-046 Northwest 134.0 141.0 Oxides 7.0 118.7 - DDH-23-046 144.0 149.0 Oxides 5.0 112.5 - DDH-23-046 152.0 155.0 Oxides 3.0 100.1 - DDH-23-...