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AbraSilver Resource Drilling at JAC Zone Intersects 46.5 Metres at 226 g/t AgEq Including 8.0 Metres at 544 g/t AgEq in Oxide Mineralization
Toronto, ON - TheNewswire - April 13, 2023 - AbraSilver Resource Corp. (TSX.V:ABRA) (OTC:ABBRF) (“AbraSilver” or the “Company”) is pleased to announce its lates
About this update from Abrasilver Resource Corp.
[{"type":"text","content":"Toronto, ON - TheNewswire - April 13, 2023 - AbraSilver Resource Corp. (TSX.V:ABRA) (OTC:ABBRF) (“AbraSilver” or the “Company”) is pleased to announce its latest diamond drilling assay results holes from the ongoing Phase III exploration program on the Company’s wholly-owned Diablillos property in Salta Province, Argentina (“Diablillos” or the “Project”). Drilling at the JAC zone discovery continues to consistently intersect high-grade silver oxide mineralization, with associated gold in some areas, at shallow depths. Drilling to date at the JAC zone has defined oxide mineralization extending approximately 800m along strike, up to 150m wide and extending to a depth of 200m. The zone continues to remain open along strike towards the southwest and in other directions. Key takeaways from the latest JAC zone drill results include: DDH 23-011was drilled to test the northeastern extension of mineralization at the JAC zone and intersected 36.0 metres grading 96.9 g/t Ag and 0.28 g/t Au in oxides from 128.5 metres downhole. DDH 23-012 was drilled on the northern margin of the area drilled and intersected 14.0 metres at 72.1 g/t Ag from a downhole depth of 97.0 metres. DDH 23-013, located in the southwestern part of the drill target area, intersected two separate zones of silver mineralization in oxides, including 30.5 metres grading 133.3 g/t Ag from 81.5 metres downhole. DDH 23-014, located in the northeastern part of the drill target area, encountered high-grade silver mineralization in oxides, intersecting46.5 metres grading 185 g/t Ag and 0.50 g/t Au from a depth of 127.0 metres, including 8.0 metres at 439.3 g/t Ag and 1.28 g/t Au. The latest assay result highlights are summarized in Table 1 below. Table 1 – Diablillos Drill Result Highlights in JAC Zone (Intercepts greater than 2,000 gram-metres AgEq shown in bold text): Drill Hole From (m) To (m) Type Interval (m) Ag g/t Au g/t AgEq1 g/t DDH-23-011 128.5 164.5 Oxides 36.0 96.9 0.28 119.8 DDH-23-012 97.0 111.0 Oxides 14.0 72.1 - 72.1 DDH-23-013 81.5 112.0 Oxides 30.5 133.3 - 133.3 DDH-23-013 119.0 128.5 Oxides 9.5 81.5 - 81.5 DDH-23-014 127.0 173.5 Oxides 46.5 185.0 0.50 226.0 DDH-23-014 Includes 137.0 145.0 Oxides 8.0 439.3 1.28 544.1 Note: &nbs...