AbraSilver Resource Corp. is pleased to announce an expansion of the ongoing Phase III drill program on the Company's wholly-owned Diablillos property. The Phase III drill program is now expected to consist of approximately 22,000 metres of diamond drilling, up from 15,000 metres, using two diamond drill rigs. Phase III drilling is designed to delineate a maiden Mineral Resource estimate on the recently discovered JAC [...]
AbraSilver Resource Corp. 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 . 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 [...]
AbraSilver Resource Corp. is very pleased to announce assay results from its latest diamond drill holes from the ongoing Phase III program on the Company's wholly-owned Diablillos property in Salta Province, Argentina . Record-Grade Intercept Located at New JAC Target, Part of Broader Intercept of 2,498 g/t AgEq over 8.5m Key takeaways from the latest drill results include: Drill holes, DDH 22-075 and DD 22-076 were [...]
AbraSilver Resource Corp. is very pleased to announce the discovery of a new high-grade feeder structure at the recently discovered Southwest zone , located several hundred metres beyond the current Mineral Resource estimate on the main Oculto deposit at the Company's Diablillos project . Hole DDH 22-067 encountered the highest-grade intercept to date, on a silver-equivalent basis, at the JAC target, with 871 g/t AgEq [...]
AbraSilver Resource Corp. is pleased to announce new assay results from five diamond drill holes from the ongoing 15,000 metre Phase III exploration drilling program on the Company's wholly-owned Diablillos property in Salta Province. Drilling activity remains focused on the recently discovered Southwest zone which is located several hundred metres southwest of the conceptual open pit that constrains the current Mineral [...]
AbraSilver Resource is pleased to announce that it has closed its previously announced underwritten private placement financing, including the exercise in full of the underwriters' option. Pursuant to the Offering, the Company issued an aggregate of 27,027,000 units for gross proceeds of $9,999,990. Each Unit, priced at $0.37 per Unit, consists of one common share in the capital of the Company and one-half of one Common [...]
AbraSilver Resource is pleased to announce that it has entered into an agreement with Eight Capital, as lead underwriter and bookrunner, and on behalf of a syndicate of underwriters, in connection with a "bought deal" private placement financing of 21,622,000 units of the Company at a price of $0.37 per Unit, for aggregate gross proceeds of $8,000,140. Each Unit will be comprised of one common share of the Company and [...]
AbraSilver Resource is pleased to announce it has filed its unaudited condensed interim consolidated financial statements for the three and nine months ended September 30, 2022 and related management's discussion and analysis. Copies of the Q3 Filings can be accessed on the Company's SEDAR. The Company has included in the Q3 MD&A certain information that was inadvertently excluded from the Company's management's [...]
AbraSilver Resource is pleased to announce new assay results from four diamond drill holes from the ongoing 15,000 m Phase III program on the Company's wholly-owned Diablillos property. Drilling is now concentrated in the recently discovered Southwest zone which is located several hundred metres southwest of the edge of currently defined Mineral Resources on the main Oculto deposit. Systematic grid drilling of the [...]
AbraSilver Resource Corp. is pleased to announce new assay results from four diamond drill holes from the ongoing 15,000 mPhase III program on the Company's wholly-owned Diablillos property. Two of the four holes were drilled in the newly discovered Southwest zone which is located several hundred meters southwest of the current Mineral Resources on the main Oculto deposit. Both of the latest holes at the JAC target [...]
AbraSilver Resource is pleased to announce an updated, conceptual open pit constrained, Mineral Resource estimate for the Oculto deposit on the Company's wholly-owned Diablillos property in Salta Province. The Mineral Resource estimate is based on a total of 104,888 m of drilling in 457 holes. Highlights of the October 2022 Mineral Resource Estimate: Substantial growth in Measured Indicated Mineral Resources: 51.3Mt at [...]
AbraSilver Resource is very pleased to announce new assay results from two holes drilled at the Company's newest near-surface, high-grade silver zone. The highly prospective Southwest zone is located over 500 m to the southwest of the Oculto Mineral Resource, on the Company's wholly-owned Diablillos property. Both of the latest holes returned excellent silver grades, in oxides near-surface. Key takeaways include: Hole DDH [...]
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