AbraSilver Resource Corp. (TSXV:ABRA) has obtained strong assay results from its latest diamond drill holes from the ongoing Phase III programme on the company’s wholly-owned Diablillos property in Salta Province, Argentina.
Hole DDH 23-004 encountered the all-time highest-grade silver intercept recorded on the entire Diablillos project to date. Key takeaways from hole DDH 23-004 include:
- DDH 23-004 intersected a broad zone of exceptionally high-grade silver mineralization in oxides, with 14.0m at 3,025g/t Ag and 0.21g/t Au starting from a down-hole depth of 136m. This represents the best intercept to date on the new JAC Zone on a grade-thickness basis.
- The hole also intersected the all-time highest-grade silver intercept recorded on the Diablillos project, with 32,481g/t Ag and 0.74g/t Au over 1.0m.
- This shallow oxide-hosted mineralization is located in a band approximately 50m north of the “main trend” of silver mineralization in the JAC Zone and appears to be in a separate zone of high-grade silver mineralization
- Drilling results received so far indicate that there are three distinct, parallel zones of silver mineralization within the JAC Zone, with the recently intersected “north zone” hosting very high-grade silver.
“World-class deposits consistently generate world-class results, which is what we believe we’ve been encountering at the new JAC zone,” President and CEO, John Miniotis, said.
“The high-grade JAC zone exemplifies the exploration potential that remains at the Diablillos project, and we are incredibly excited to be delineating a brand-new, near-surface, high-grade silver zone, which continues to remain open in multiple directions.”
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