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AbraPlata Resource Corp.

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Summary

Project:

Diablillos

Deposit:Diablillos
Location:Argentina
Commodities:Gold-Silver
Date:8/1/2017
Report Code:NI43-101
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resource Increase/Upgrade
Report details:1-8-2017: AbraPlata Resource Corp. announces an Exploration/Drilling Update report for its Diablillos deposit at the Diablillos project. Drilling results incl. 52m @ 98.3g/t Ag. Buenos Aires – August 1, 2017, - AbraPlata Resource Corp. (TSX.V:ABRA; OTCQB:
Resources:(not mentioned in this report)
CP/QP:[Overall Report]: Willem Fuchter (Internal)
ABSTRACT:Buenos Aires – August 1, 2017, - AbraPlata Resource Corp. (TSX.V:ABRA; OTCQB: ABBRF; Frankfurt: 1AH) ("AbraPlata" or the "Company") is pleased to report results from the first drill hole of the recently commenced 2000m drilling campaign at the Fantasma Mineralized Zone on its Diablillos property (see Figure 1) in southern Salta, northwestern Argentina. Hole DDH-17-128 intersected silver mineralization grading 98.3g/t Ag over 52m including 239.8 g/t Ag over 11.47m (see Figure 2) in which a single sample returned 515g/t Ag over 1.47m. “We are extremely pleased that the first batch of results has confirmed the nature and tenor of the mineralization identified in the earlier exploration campaign,” commented AbraPlata’s Executive Chairman, Hernan Zaballa. “Our drilling to date has already extended the zone of alteration/mineralization at Fantasma over a strike of at least 200m, and indicated that the alteration/mineralization is open both in the east and west as well as at depth. The objectives of our program are to define the limits of the mineralization and arrive at a preliminary resource estimate. We will report on the results of this drilling as the assays become available from the laboratory and after the data have been compiled and analyzed”.

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