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AbraSilver Resource Continues to Drill Wide Silver Intercepts at New JAC Zone
Hole DDH 22-082 Returned 347 g/t AgEq over 26.5 m, including 1,055 g/t AgEq over 7.0 m Toronto, ON - TheNewswire - February 06, 2023 - AbraSilver Resource Corp.
About this update from Abrasilver Resource Corp.
[{"type":"text","content":"Hole DDH 22-082 Returned 347 g/t AgEq over 26.5 m, including 1,055 g/t AgEq over 7.0 m Toronto, ON - TheNewswire - February 06, 2023 - AbraSilver Resource Corp. (TSX.V:ABRA) (OTC:ABBRF) (“AbraSilver” or the “Company”) is pleased to announce assay results from six additional diamond drill holes from the ongoing Phase III program on the Company’s wholly-owned Diablillos property in Salta Province, Argentina (“Diablillos” or the “Project”). Drilling activity remains focused on the recently discovered JAC zone which is located several hundred metres southwest of the conceptual open pit that constrains the current Mineral Resource estimate on the main Oculto deposit (M&I MRE containing 1.3 Moz gold and 109 Moz silver – see Table 2). Key takeaways from the latest drill results include: DDH 22-077 was drilled to test the continuation of the JAC zone to the north and intersected 32 metres at 122 g/t Ag starting at a down-hole depth of only 60 metres DDH 22-078 intersected several zones of oxide silver mineralisation, including 41 metres at 103 g/t Ag starting from a shallow down-hole depth of only 58 metres. DDH 22-079 was drilled to test the extension of the JAC zone northeast towards the Oculto deposit. The hole successfully demonstrated the potential continuity of mineralization between JAC and Oculto, intersecting 35 metres at 199 g/t Ag and 0.36 g/t Au, including a high-grade interval of 6.0 metres at 548 g/t Ag and 0.88 g/t Au DDH 22-080 encountered multiple zones of silver mineralization, including 5.0 metres at 442 g/t Ag, within a broader interval of 52 metres grading 125 g/t Ag starting from only 50 metres down-hole. DDH 22-081 returned a broad zone of silver mineralization of 37.0 metres at 179 g/t Ag. This hole is situated approximately 625m beyond the southwest end of the Oculto mineralisation included in the current Mineral Resource Estimate. DDH 22-082 encountered high-grade mineralization in the transition zone (containing a mix of oxides and sulphides) just beneath the oxide zone, with 26.5 metres grading 311 g/t Ag and 0.43 g/t Au, including 7.0 metres grading 936 g/t Ag and 1.46 g/t Au. John Miniotis, President and CEO, commented, “Each batch of drill results received from the new JAC zone increases the prospective scale of this unfolding, high-grade deposit. The co...