High-Grade Drilling Of Multiple Targets At Diablillos Silver-Gold Project

TORONTO – AbraSilver Resource Corp. reported on the recently completed Phase IV drill program on its wholly-owned Diablillos project in Argentina. The latest drill results confirm significant high-grade silver and gold mineralization across multiple zones, including Oculto Northeast, JAC Extension and the recently discovered Sombra zone.  These findings reinforce the Project’s strong potential for further Mineral Resource expansion.  

Sombra Target: Hole DDH 24-069 intersected 17.0 m grading 101 g/t Ag, starting at a shallow depth of only 38.0 m down-hole.  This includes a higher-grade interval of 205 g/t Ag over7.0 m. Oculto Northeast: Hole DDH 24-070, drilled approximately 50 m beyond the Oculto open pit boundary, returned 17.0 m grading 1.80 g/t Au and 39 g/t Ag in oxides, startingfrom a down-hole depth of 151.0 m. Thisincludes a higher-grade interval 4.4 m grading 3.30 g/t Au and 28 g/t Ag.  

JAC Extension: 1) Hole DDH 24-072, drilled 50 m beyond the JAC open pit boundary, encountered 22.0 m at 168 g/t Ag,  starting at a down-hole depth of 102.0 m. 2) Hole DDH 24-073, drilled 50 m beyond the current JAC open pit boundary, intersected 35.5 m grading 56 g/t Ag, beginning at a down-hole depth of 105.0 m.  3) Hole DDH 24-075, drilled 25 m beyond the JAC open pit boundary, returned 30.0 m at 237 g/t Ag, starting at 125.5 m down-hole depth. Additional drilling is planned to further delineate the extent and continuity of mineralization located south of the JAC zone.  

John Miniotis, President and CEO, said, “The continued success of our exploration program highlights the significant remaining upside potential at Diablillos.  These latest results confirm that high-grade silver and gold mineralization remains open for expansion across multiple target areas, reinforcing our confidence in the Project’s long-term growth and value.”

Dave O’Connor, Chief Geologist, commented, “The consistency of high-grade mineralization across multiple target areas at Diablillos is highly encouraging. These drill results continue to extend known mineralization beyond existing conceptual open pit boundaries, supporting further Mineral Resource growth and strengthening the Project’s geological potential.”