AbraSilver Resource Corp. (TSXV:ABRA) has drilled a record high oxide intercept including 9,536 g/t AgEq over four metres in its Phase II programme on Diablillos property in Salta Province, Argentina.
Diamond drill hole DDH 22-015 contains the highest-grade silver intercept recorded on the Project to date. Key takeaways from the latest intercept includes:
- Hole DDH 22-015 was drilled to test the southwestern extension of the high-grade Tesoro Zone. The highest-grade intersection consisted of 26 metres at 2,383 g/t AgEq (34.0 g/t AuEq – comprised of 2,358 g/t Ag and 0.36 g/t Au), including 4 metres at 9,536 g/t AgEq (136.2 g/t AuEq – comprised of 9,488 g/t Ag and 0.69 g/t Au); and
- This drill hole further extends the high-grade Tesoro zone by an additional 25 metres towards the west, thereby extending the dimensions of this zone to over 500m in length by approximately 100m width
“Without a doubt, assay results from our Phase II drill campaign continue to exceed all expectations,” President and CEO, John Miniotis, said.
“This exceptional high-grade drill result meaningfully extends the Tesoro zone and adds to a series of outstanding drill intersections recently announced, which are expected to have a positive impact on the forthcoming Mineral Resource Estimate update and Pre-Feasibility Study (PFS) for the Diablillos project.”
The latest drill holes will form part of the inputs to the updated Mineral Resource Estimate expected to be announced later this year.
“We are very excited that drill hole DDH 22-015 returned the highest-grade silver intercept ever recorded at Diablillos, an impressive result with over 125,000 metres drilled on the Project to date,” Chief Geologist, Dave O’Connor, said.
“This result confirms that the high-grade Tesoro zone is open and can be expanded, which should provide a significant boost to the overall economics of the Project. Looking ahead, we continue to await further drill results from our Phase II programme, including important step-out drill holes in the new emerging southwest zone.”
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