AbraSilver announced its best-ever silver intercept at the Oculto deposit on its flagship Diablillos project in Argentina. This mineralization is from the most recent two assays for holes DDH20-026 and DDH20-027 (partial assays were released in the last exploration update). Highlights from these two holes include:
- 65m @ 150.56 g/t Ag and 1.88 g/t Au (282 g/t AgEq using a 70:1 GSR)
- Including 27m @ 207.70 g/t Ag and 4.29 g/t Au (508 g/t AgEq)
- Including 14m @ 236 g/t Ag and 6.73 g/t Au (707 g/t AgEq)
- 103m @ 388.62 g/t Ag and 1.70 g/t Au (507 g/t AgEq)
- Including: 22m @ 413.34 g/t Ag and 0.14 g/t Au
- Including 17m @ 1,446 g/t Ag and 0.55 g/t Au
- 6m @ 181.2 g/t Ag and 1.00 g/t Au
The next potential stock price catalysts include an updated MRE and an updated preliminary economics assessment (PEA) or Pre-Feasibility Study (PFS).
Disclosure: Goldseek employees own shares of AbraSilver.
Chief Mining Analyst with SilverSeek & GoldSeek. Previously he was the Senior Mining Equity and Economic Analysis at The Morgan Report. He was a Co-Founder and Director of Lemuria Royalties, before it was acquired in March 2018. He also co-authored The Silver Manifesto with David Morgan in 2015.
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