AbraSilver Resource Corp. / ABRA (TSXV)

  • AbraSilver Announces Further World-Class Drill Results, Including New All-Time Best Silver Intercept at Diablillos of 127 Metres at 646 g/t AgEq (9.2 g/t AuEq)

    https://ceo.ca/@thenewswire/ab…world-class-drill-results
    Toronto – TheNewswire - September 29, 2022 - AbraSilver Resource Corp.(TSXV:ABRA);(OTC:ABBRF) ("AbraSilver" or the “Company”)is very pleased to announce the first setof assay results from the Company’s ongoing Phase III drill program,on its wholly-owned Diablillos property in Salta Province, Argentina(the “Project”).
    The first two holes returned twoof the top four best silver-equivalent intercepts ever reported at Diablillos on a grade-thickness basis,including two separate bonanza-grade zones thatintersected greater than 2,000 g/t AgEq over 23 metreseach. Key takeaways include:

    • Hole DDH 22-045 contains the newall-time highest-grade silver intercept recorded on the Project. Intotal, the hole returned 127 metres at 646 g/t AgEq (9.2 g/tAuEq – comprised of 506 g/t Ag and 1.99 g/t Au) in oxides startingat a down-hole depth of only 122 metres andincluded.

      • ooBonanza-grade silvermineralization grading 2,001 g/t AgEq(28.6 g/t AuEq) in oxides over an impressive 23 metre intervalstarting at a down-hole depth of 152m.
    • Hole DDH 22-043 intersected twoseparate high-grade zones. The first high-gradezone returned 154 metres at 144 g/t AgEq(2.1 g/t AuEq – comprised of 72 g/t Ag and1.03 g/t Au) in oxides starting at a down-holedepth of only 36 metres.

      • ooDeeper down, a bonanza-gradezone was intersected in sulphides consisting of 2,116 g/t AgEq (30.2 g/t AuEq)over 23 metres.
    • Hole DDH 22-047 also encountered a high-grade intercept of 43 metres at 250 g/t AgEq (3.6 g/t AuEq- comprised of 135 g/t Ag and 1.65 g/t Au) in oxides starting at adown-hole depth of only 101 metres. The hole was located towards theNortheast limit of the conceptual open pit.

    The latest assay result highlights are summarized inTable 1 below....
    [Blockierte Grafik: https://thenewswire.com/data/tnw/clients/img/e95f7b51b5ddd33feb0d778c4143705a_.png]


    [Blockierte Grafik: https://thenewswire.com/data/tnw/clients/img/dca644f5296d2e74aa1aa8b52bc6f1ee_.png]


  • AbraSilver Drills Further Near-Surface High Grade Silver in New Southwest Zone Including 42.5 Metres at 408 g/t AgEq (5.8 g/t AuEq)
    https://www.goldseiten-forum.c…ht=abrasilver#post1490174
    New Southwest Zone is Located Hundreds of Metres Beyond Current Mineral Resources and Remains Open in All Directions
    Toronto – TheNewswire - October12, 2022 - AbraSilver Resource Corp. (TSXV:ABRA); (OTC:ABBRF)(“AbraSilver” or the “Company”)is very pleased to announce new assayresults from two holes drilled at the Company’s newest near-surface,high-grade silver zone (the “Southwest zone”). The highlyprospective Southwest zone is located over 500 metres to the southwestof the Oculto Mineral Resource, on the Company's wholly-ownedDiablillos property in Salta Province, Argentina (“Diablillos” orthe “Project”).
    Both of the latest holes returned excellent silver grades, in oxidesnear-surface. Key takeaways include:

  • Abrasilver (ABRA.v): A litmus test for the junior mining market



    For full disclosure I do not own at the moment and do not plan to buy. I owned a few ABRA for a very brief period of time earlier this year, it’s also been featured in The IKN Weekly recently (couple of weeks ago).
    That done, let’s talk and ABRA came out with more drill results this morning and reminded of the way this stock is a litmus test for the current state of the juniors market. In any half-decent macro backdrop…


    [Blockierte Grafik: https://iknnews.com/wp-content/uploads/2022/10/abra-1.gif]
    …this chart would be showing prices that are multiples higher than the current 40c-and-bits. Be clear, the company and its geol team has done great work this year and these days, Diablillos is a bona fide, real-deal discovery even though its resource is made from the Devil’s Metal, the Jekyll&Hyde Pumper’s Delight, the black hole payable of mining economics. But no matter your opinion on silver, after the drill results ABRA has returned in 2022 if this can’t catch a bid, nothing can. No stock can better explain why I haven’t been a buyer of anything for the last few months.

  • AbraSilver Announces New Mineral Resource Estimate with Over 215Moz AgEq at Diablillos
    https://ceo.ca/@thenewswire/ab…mineral-resource-estimate
    M&I Mineral Resource Estimate Increased to 51.3Mtat 66g/t Ag and 0.79g/t Au & Does Not Include New High-GradeSilver Discovery in Southwest Zone at Diablillos
    Toronto – TheNewswire - November 03, 2022: AbraSilver Resource Corp.(TSXV:ABRA);(OTC:ABBRF) ("AbraSilver" or the“Company”) is pleased to announcean updated, conceptual open pit constrained, Mineral Resource estimatefor the Oculto deposit on the Company’s wholly-owned Diablillosproperty in Salta Province, Argentina. The Mineral Resource estimateis based on a total of 104,888 metres of drilling in 457 holes.
    Highlights of the October 2022 Mineral ResourceEstimate:

    • Substantial growth in Measured Indicated (“M”)Mineral Resources: 51.3Mt at 66g/t Ag and 0.79g/t Au for contained109Moz silver and 1.3Mozgold, a 22% increasein contained silver and a29% increase in containedgoldover the September 2021 estimate
    • Demonstrates a large, near-surface, potentially openpittable high-grade silver-equivalent (AgEq”) Mineral Resource base atDiablillos: 51.3Mt at 131g/t AgEq with +215MozAgEq
    • 135% increase in tonnageof thehigh-grade zone, classified in the Measuredcategory, now totaling 19.3Mt at 98g/t Ag 0.88g/t Au
    • US$5.1M Phase II drill programadded 43Moz AgEq contained in the MI MineralResource, representing animpressive cost of only US$0.12 per ounce AgEq added
    • Extensive Mineral Resource growth potential remains:Ongoing Phase III drill program focused onexpanding the recent high-grade silver discovery in the Southwestzone, for which a maiden Mineral Resourceestimate is expected in H1/2023

    [Blockierte Grafik: https://thenewswire.com/data/tnw/clients/img/b9ed3fc8e239a0b4641f6d37c1a35d0b_.png]
    John Miniotis, President and CEO, commented, “Ourteam first started drilling the Diablillos project less than threeyears ago, and within that short timeframe we have successfullytransformed a formerly dormant property into one of thehighest-quality, potentially open-pittable, undeveloped primary silverprojects in the world. We are delighted to announce that M&IMineral Resources now include over 215 million ounces AgEq, withadditional growth potential exploration, especially from the newlydiscovered high-grade silver intercepts in the Southwest zonecurrently being drilled.
    Importantly, our exploration team has once againdemonstrated the ability to add significant value in a verycost-effective manner. Overall, we spent US$5.1M in explorationdrilling at Diablillos in our Phase II drill program, which resultedin an impressive cost of only US$0.12 per contained ounce of AgEqadded to the new M&I Mineral Resource Estimate.”

  • Wieso? Die Arbeit des Peers Vergleich musst du schon selber machen.


    Für 100.000 Meter drilling waren die Ergebnisse für mich halt enttäuschend. High grade kern auch noch zu klein für starter Pit.


    Natürlich hat abra Potential aber bei gegebener Bewertung ist für mich DSV das günstigere Projekt, besonders was die bereits nachgewiesene Wirtschaftlichkeit bei silverpreisen um die 20 usd betrifft.

  • AbraSilver Continues to Intersect High-Grade, Near-Surface Silver Mineralization in New Southwest Zone Including 25 Metres of 754 g/t Silver
    https://ceo.ca/@thenewswire/ab…t-high-grade-near-surface
    Two of the four holes were drilled in the newlydiscovered Southwest zone (JAC target) which is located severalhundred meters southwest of the current Mineral Resources on the mainOculto deposit. Both of the latest holes at the JAC target returnednear-surface, high-grade silver mineralization in oxides over multipleintercepts. Key takeaways include:

    • Hole DDH 22-052 drilled in to the JAC target intersected two mineralisedzones, with the upper zone starting at adown-hole depth of only 74.0 meters intersecting 16.5 meters grading389 g/t Ag, while the lowerzone intersected 25.0 metres grading754 g/t Ag (and 0.12 g/t Au) from139.5 to 164.5metres down-hole.

      • The second intercept includedan 18.5metre intervalgrading 975 g/t Ag
    • Hole DDH 22-053 drilled in the JAC target returned 28.0metres grading 319 g/t AgEq in oxides (comprisedof 266 g/t Ag and 0.64 g/t Au) starting at a down-hole depth of 140.5 metres
    • [Blockierte Grafik: https://thenewswire.com/data/tnw/clients/img/3f62b17b964ca896e1d5b69f67ae58d4_.png]
  • AbraSilver Drills 499 g/t Silver over 20 Metres, Including 1,261 g/t Silver over 7 Metres in New Southwest Zone at Diablillos
    https://ceo.ca/@thenewswire/ab…-over-20-metres-including
    Drilling is now concentrated in the recently discoveredSouthwest zone (JAC target) which is located several hundred metressouthwest of the edge of currently defined Mineral Resources on themain Oculto deposit. Systematic grid drilling of the near-surface,high-grade silver mineralization is progressing and the Companyanticipates announcing a maiden Mineral Resource estimate for this newzone in H1/2023. Key takeaways from the latest drill resultsinclude:

    • Hole DDH 22-056drilled in between the Oculto deposit and theJAC target intersected a broad zone of silver mineralization inoxides, with 57.5 metresgrading 141 g/t Ag (and 0.27 g/t Au), startingfrom 110m down-hole, including11.0 metres grading 549 g/t Agand 0.72 g/t Au.
    • Hole DDH 22-057drilled in the JAC target intersected multiplezones with high-grade silver mineralization in oxides, with20.0 metres grading 499 g/tAg, starting from 144m down-hole,including 7.0 metres grading1,261 g/t Ag.
    • Hole DDH 22-058was drilled ~800m southwest of the Oculto deposit boundary towardsthe expected SW limit of theJAC target. The hole intersected 14.5 metres grading 176 g/t Ag inthe transition zone beneath the oxidemineralization.

    [Blockierte Grafik: https://www.thenewswire.com/data/tnw/clients/img/1eed88703f045e45b7de60754d336ec3_.png]

  • AbraSilver’s Updated Mineral Resource Reveals More Room to Grow; Plans for Updated Economics

    https://goldseek.com/article/a…w-plans-updated-economics
    AbraSilver Resource Corp. (TSX-V: ABRA | US: ABBRF) has substantially grown its gold and silver ounces with an updated mineral resource estimate for the Oculto deposit on the company's wholly owned Diablillos property in Salta province, Argentina. But the resource hints that there is even more mineralization in a new zone.
    The mineral resource estimate is based on a total of 104,888 metres of drilling in 457 holes. It demonstrates a large, near-surface, potentially open-pittable high-grade silver equivalent (AgEq) mineral resource base at Diablillos: 51.3 Mt at 131 g/t AgEq with over 215 Moz AgEq;
    There was substantial growth in measured and indicated mineral resources: 51.3 million tonnes at 66 grams per tonne silver and 0.79 g/t gold for contained 109 million ounces silver and 1.3 million ounces gold, a 22-per-cent increase in contained silver and a 29-per-cent increase in contained gold over the September, 2021, estimate.
    The 2021 mineral resource estimate outlined 90,165,000 oz of Ag and 1,002,000 oz. Au in the Measured and Indicated category, and a further 3,181,00 oz. Ag and 66,000 oz. Au in the inferred category.
    There was a 135-per-cent increase in tonnage of the high-grade zone, classified in the measured category, now totalling 19.3 Mt at 98 g/t Ag, 0.88 g/t Au. $5.1-million (U.S.) phase II drill program added 43 Moz AgEq contained in the MI mineral resource, representing a cost of only 12 U.S. cents per ounce AgEq added.
    The Diablillos project covers 80 square kilometres and hosts silver and gold mineralization in the fertile mining region of northwestern Argentina that includes the TacaTaca (First Quantum Minerals Ltd.), Lindero and Arizaro (Fortuna Silver Mines Inc.), Rio Grande (Regulus Resources Inc.) deposits.
    The property has seen over US$50 million of exploration so far but the property is showing more potential...


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  • AbraSilver Announces $8 Million "Bought Deal" Private Placement


    NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES
    TORONTO, Nov. 29, 2022 (GLOBE NEWSWIRE) -- AbraSilver Resource Corp. ("AbraSilver" or the "Company") (TSXV: ABRA; OTCQX: ABBRF) 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 (collectively, the "Underwriters"), in connection with a "bought deal" private placement financing of 21,622,000 units of the Company (the "Units") at a price of $0.37 per Unit (the "Issue Price"), for aggregate gross proceeds of $8,000,140 (the "Offering").
    Each Unit will be comprised of one common share of the Company (each, a "Common Share") and one-half of one common share purchase warrant (each whole warrant, a "Warrant"), with each Warrant entitling the holder thereof to purchase one additional Common Share at a price of $0.50 per Common Share for a period of 24 months following the closing date of the Offering.


    https://pro.ceo.ca/@GlobeNewsw…llion-bought-deal-private

  • @peterhuber, blöde Frage....$0,37 per Unit.....US$ oder CAD?
    Kanns der Meldung irgendwie nicht entnehmen....ggf. bin ich auch blind.

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