Silver Stocks Charts, News, Reports and Quotes
Within Broader Intercept of 3,025 g/t Ag over 14 Metres in Oxides -- Bonanza-Grade Interval is the All-Time Highest-Grade Silver Result from Diablillos
Drill Results Continue to Consistently Encounter High-Grade Silver, Near-Surface at New JAC Zone.
The Phase III drill program is now expected to consist of approximately 22,000 metres of diamond drilling, up from 15,000 metres, using two diamond drill rigs. Phase III drilling is designed to delineate a maiden Mineral Resource..
“Drilling results from the new JAC zone continue to consistently encounter high-grade silver mineralization in oxides at shallow depths. Today’s results further support..."
Record-Grade Intercept Located at New JAC Target, Part of Broader Intercept of 2,498 g/t AgEq over 8.5m
The CEO of AbraSilver, John Miniotis, joins GoldSeek TV to discuss the high-grade silver and gold project in Salta, Argentina. This advanced stage silver-gold project recently expanded its size with the discovery of the JAC zone. Where drilling continues to define a new high grade silver and gold resource which will be incorporated in this year's PFS.
Hole DDH 22-067 encountered the highest-grade intercept to date, on a silver-equivalent basis, at the JAC target, with 871 g/t AgEq over 27m in sulphide mineralization. That interval is located immediately beneath a further high-grade oxide intercept grading 522 g/t AgEq over 36m.
“Our ongoing drilling program at the new JAC target continues to intercept extensive near-surface, high-grade silver mineralization. Both drill rigs are rapidly advancing our understanding of this exciting exploration target in preparation for announcing a maiden Mineral Resource estimate..."
The bottom line is major silver miners are actually faring pretty well fundamentally despite the depressed silver prices. They are growing their collective silver production ...
Drilling is now concentrated in the recently discovered Southwest zone (JAC target) which is located several hundred metres southwest of the edge of currently defined Mineral Resources on the main Oculto deposit.
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