BUENOS AIRES, Argentina, Oct. 19, 2017 (GLOBE NEWSWIRE) -- AbraPlata Resource Corp. (ABRA.V)(ABBRF)(1AH.F) ("AbraPlata" or the "Company") is pleased to report results of the latest drill results from the Fantasma Mineralized Zone on its Diablillos property in northwestern Argentina.
Hole DDH-17-152, which was collared 130m WSW of hole DDH-17-128 (the first hole of the current campaign and subject of news release dated August 1, 2017), intersected 89.6g/t Ag over 9m (from 109m – 118m down the hole), including 227.0g/t Ag over 2m (from 112m – 114m). Drilling to date at Fantasma has indicated mineralization and alteration over a 400m zone oriented along a WNW trend. A high grade core (~100-150g/t Ag) manifests itself in the SE half of this zone (Figure 1) and appears to have a strike of some 200m (Figure 1) and a width of about 30m (Figure 2). This high grade core is open to the ESE towards the Oculto deposit some 600m to the E of the Fantasma Zone, and the higher grade core seems to plunge down below lower grade mineralization (30-60 g/t Ag) towards the WNW.
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ON BEHALF OF THE BOARD
ABRAPLATA RESOURCE CORP.
President & Chief Executive Officer
|Willem Fuchter||Karl Cahill|
|President & Chief Executive Officer||VP Investor Relations|
|AbraPlata Resource Corp.||AbraPlata Resource Corp.|
|Tel: +54.11.5258.0920||Tel: +1.858.531.6100|
|E-mail: firstname.lastname@example.org||Email: email@example.com|
This news release includes certain "forward-looking statements" under applicable Canadian securities legislation. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable, are subject to known and unknown risks, uncertainties, and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking statements. All statements that address future plans, activities, events or developments that the Company believes, expects or anticipates will or may occur are forward-looking information. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.
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For further information about AbraPlata and its projects, please visit the Company’s website at www.abraplata.com.