Continued High-Grade Gold Drilling At Diablillos

TORONTO – AbraSilver Resource Corp. reported on drill holes from the ongoing Phase V exploration program at its wholly-owned Diablillos project in Argentina. These latest results continue to expand oxide-hosted high-grade gold mineralization at Oculto East while also confirming the presence of near-surface broad gold and copper mineralization in the upper portions of a porphyry system at Cerro Viejo.

Both holes drilled at Cerro Viejo intersected continuous gold mineralization from surface, interpreted to represent the upper levels of a mineralized porphyry system: DDH 25-050: 128.0 metres (“m”) at 0.24 g/t gold from surface; DDH 25-056: 200.0 m grading 0.32 g/t gold from surface, including: 10.0 m at 1.10 g/t (oxides, from 21 m downhole); 11.0 m at 0.33 g/t gold and 0.46% copper (sulphides, from 49 m); and Oculto East: Both holes intersected broad zones of oxide gold mineralization, with DDH 25-078 returning multiple high-grade intervals and DDH 25-081 confirming additional consistent gold zones within the broader mineralized corridor, which drilling continues to expand. Importantly, holes 78 and 81 represent two distinct sub-parallel zones of mineralization at Oculto East, located approximately 500 metres apart, further demonstrating the scale and continuity of this system.

DDH 25-078 returned several high-grade gold intercepts within a ~100-metre-thick mineralized package, including: 25.0 m grading 1.67 g/t gold (from 178 m) including 2.0 m at 11.14 g/t gold; 6.0 m grading 4.64 g/t gold (211 m); 36.0 m grading 2.32 g/t gold (240 m) including 11.0 m grading 3.76 g/t gold.

DDH 25-081 also encountered several oxide gold zones, including: 8.0 m grading 0.76 g/t gold (267 m); 10.0 m grading 0.72 g/t gold (341 m).

John Miniotis, President and CEO, said, “Our drilling continues to deliver excellent results across multiple high-priority targets at Diablillos. At Oculto East, we are consistently intersecting thick zones of high-grade oxide gold mineralization that continue to expand the known mineralized footprint. In parallel, the initial results from Cerro Viejo highlight the potential for a robust gold-copper porphyry system. Together, these results underscore the strong growth potential across the broader Diablillos project.”