Latest Results Include 60 m at 1.05 g/t Gold Including 17 m at 2.83 g/t Gold. The Diablillos property is located within the Puna region of Argentina, in the southern part of Salta Province along the border with Catamarca Province.
By Panorama Minero
AbraSilver Resource Corp. announced assay results from three new drill holes from the ongoing Phase V exploration program at its wholly-owned Diablillos project.
The latest drill holes continue to expand the gold-bearing zone at Oculto East, intersecting consistent mineralization well beyond the current Mineral Resource outline. These results reinforce the potential for continued growth and highlight Oculto East as a key focus area in the current exploration program.
Highlight Drill Results
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DDH 25-060A: 60.0 metres (“m”) grading 1.05 g/t gold from 230 metres, including:
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17.0 m at 2.83 g/t gold
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4.0 m at 6.68 g/t gold
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DDH 25-067: 16.0 m grading 1.74 g/t gold & 17.3 g/t silver from 245 metres
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DDH 25-068: 21.0 m grading 1.51 g/t gold & 49.5 g/t silver from 188 metres, and
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64.0 m grading 0.54 g/t gold & 19.8 g/t silver from 314 metres,
John Miniotis, President and CEO, commented, “We are very encouraged that our drilling continues to expand the footprint of the gold zone at Oculto East. These latest results demonstrate the continuity of mineralization well beyond the current open pit constrained Mineral Resource and further strengthens our confidence in the growth potential at Diablillos. With three rigs active, we remain focused on delivering additional Mineral Resource growth while advancing the Definitive Feasibility Study in parallel.”
Dave O’Connor, Chief Geologist, commented, “These latest intercepts clearly demonstrate that gold mineralization extends further east than previously modeled. Our drilling continues to concentrate in this area to determine the full size and continuity of this expanding higher-grade gold zone.”
Phase V Exploration Update
The Company’s ongoing 20,000-metre Phase V drill program is progressing well, with three active rigs. Drilling at Oculto East remains the top priority, where multiple step-out holes are being completed to further extend the gold zone beyond the existing Mineral Resource boundary. Results received to date confirm a broad zone of gold-dominant mineralization that extends at least 200 metres east of the current open pit boundary, underscoring the strong potential for further Mineral Resource expansion.
In parallel, the Company will shortly commence drilling a minimum of two deep holes at the nearby Cerro Blanco porphyry target, to test the promising copper-gold system. Together, these initiatives are designed to expand known mineralization at Oculto East while also testing new targets that could further enhance the overall scale of the Diablillos project.
