AbraSilver Resources (TSX: ABRA) has extended the gold bearing zone at their flagship Diablillos project in Argentina following additional drilling under a phase five exploration program.
Specifically, the gold bearing zone within the Oculto East zone has been expanded, following the assay results from three drill holes that intersected mineralization beyond the current mineral resource area. Highlights from the results include:
- DDH 25-060A: 1.05 g/t gold over 60.0 metres from a depth of 230 metres
- Including 2.83 g/t gold over 17.0 metres
- DDH 25-067: 1.74 g/t gold and 17.3 g/t silver over 16.0 metres from a depth of 245 metres
- DDH 25-068: 1.51 g/t gold and 49.5 g/t silver over 21.0 metres from a depth of 188 metres
- And 0.54 g/t gold and 19.8 g/t silver over 64.0 metres from a depth of 314.0 metres
The ongoing 20,000 metre drill campaign currently has three active drill rigs. Oculto East remains the top priority under the current program, with multiple step out holes planned to further extend the gold zone beyond the mineral resource area. Results to date are said to have extended the zone by at least 200 metres to the east of the current resource pit boundary.
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AbraSilver Resources last traded at $6.12 on the TSX.
Information for this story was found via the sources and companies mentioned. The author has no securities or affiliations related to the organizations discussed. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.
