Gold Mineralization Extended At Oculto East

TORONTO – AbraSilver Resource Corp. reported new drill results from its ongoing Phase V exploration program at its wholly-owned Diablillos project in Argentina. Step-out hole DDH 25-062, intersected a continuous 42.0 metre (m) interval grading 0.68 g/t gold and 15 g/t silver from 248 m down-hole, including a higher-grade core of 7.0 m at 1.67 g/t gold and 17 g/t silver.  This hole was drilled at Oculto East, beyond the eastern edge of the current conceptual open pit, confirming the extension of mineralization into a previously underexplored area.

This interval is located along the same mineralized trend and approximately 60 m from the high-grade gold intercept, previously announced in hole DDH-25-024 (see Figure 3). These results underscore the potential for significant Mineral Resource expansion at Oculto East.  Follow-up drilling is underway, with three drill rigs now focused on delineating the size and continuity of this promising zone.    

John Miniotis, President and CEO, said, “These results continue to confirm that Diablillos still has significant room for further growth, as we continue to determine the strike direction of the high-grade gold zone at Oculto East.  With three rigs actively drilling this target area, we anticipate steady exploration news flow in the coming weeks and months ahead.”