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AbraPlata Resource Corp.
Summary
| Project: | Diablillos | |
|---|---|---|
| Deposit: | Diablillos | |
| Location: | Argentina | |
| Commodities: | Silver | |
| Date: | 10/19/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 19-10-2017: AbraPlata Resource Corp. announces an Exploration/Drilling Update report for its Diablillos deposit at the Diablillos project. Drilling results incl. 9m @ 89.6g/t Ag from 109m. BUENOS AIRES – October 19, 2017, - AbraPlata Resource Corp. (TSX.V | |
| Resources: | (Resource, Ind.): 81.3Moz Ag, 755koz Au contained at project | |
| CP/QP: | [Overall Report]: Willem Fuchter (Internal) | |
| ABSTRACT: | BUENOS AIRES – October 19, 2017, - AbraPlata Resource Corp. (TSX.V:ABRA; OTCQB: ABBRF; Frankfurt: 1AH) ("AbraPlata" or the "Company") is pleased to report results of the latest drill results from the Fantasma Mineralized Zone on its Diablillos property in northwestern Argentina. Hole DDH-17-152, which was collared 130m WSW of hole DDH-17-128 (the first hole of the current campaign and subject of news release dated August 1, 2017), intersected 89.6g/t Ag over 9m (from 109m – 118m down the hole), including 227.0g/t Ag over 2m (from 112m – 114m). Drilling to date at Fantasma has indicated mineralization and alteration over a 400m zone oriented along a WNW trend. A high grade core (~100-150g/t Ag) manifests itself in the SE half of this zone (Figure 1) and appears to have a strike of some 200m (Figure 1) and a width of about 30m (Figure 2). This high grade core is open to the ESE towards the Oculto deposit some 600m to the E of the Fantasma Zone, and the higher grade core seems to plunge down below lower grade mineralization (30-60 g/t Ag) towards the WNW. “These results have been sent to RPA Inc of Toronto for inclusion in the PEA which is currently underway,” commented AbraPlata’s Executive Chairman, Hernan Zaballa. “Moreover, we plan to continue to drill-off mineralization towards the ESE at Fantasma, before moving the rig to the other satellite deposits on the property”. | |
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