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AbraPlata Resource Corp.
Summary
| Project: | Diablillos | |
|---|---|---|
| Deposit: | Diablillos | |
| Location: | Argentina | |
| Commodities: | Gold-Silver | |
| Date: | 8/29/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 29-8-2017: AbraPlata Resource Corp. announces an Exploration/Drilling Update report for its Diablillos deposit at the Diablillos project. Drilling results incl. 11m @ 193.7g/t Ag from 92m. Buenos Aires – August 29, 2017, - AbraPlata Resource Corp. (TSX.V: | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Willem Fuchter (Internal) | |
| ABSTRACT: | Buenos Aires – August 29, 2017, - AbraPlata Resource Corp. (TSX.V:ABRA; OTCQB: ABBRF; Frankfurt: 1AH) ("AbraPlata" or the "Company") is pleased to report results of the second batch of samples received from SGS laboratories for holes DDH-17-132, DDH-17-133, and DDH-17-134 recently completed at the Fantasma Mineralized Zone on its Diablillos property (Figure 1). “Not only are we pleased to receive further confirmation of the tenor of mineralization at Fantasma, but a clearer picture of the control to the epithermal mineralization at Diablillos is emerging,” commented AbraPlata’s Executive Chairman, Hernan Zaballa. “Furthermore, the drilling to date is indicating that the grades at Fantasma may be improving towards the SE and in the direction of Oculto; and this, in turn, highlights the considerable potential for the addition of further resources to the resource picture at Oculto from the Fantasma and Laderas zones, as well as from the immediate environs of Oculto itself – particularly in the S where mineralization is still open. We will continue to report on the results of this drilling as the assays become available from the laboratory and after the data have been compiled and analyzed”. Abraplata is a junior mining exploration company focused on delivering shareholder returns by unlocking mineral value in Argentina. The Company's experienced management team has assembled an outstanding portfolio of gold, silver and copper exploration assets, and is focused on advancing its flagship Diablillos property, with an indicated resource of 81.3m oz Ag and 755k oz Au, through the various stages of feasibility. In addition, AbraPlata owns the highly prospective Cerro Amarillo property with its cluster of five mineralized Cu-(Mo-Au) porphyry intrusions located in a mining camp hosting the behemoth El Teniente, Los Bronces, and Los Pelambres porphyry Cu-Mo deposits. Further exploration work is also planned for the Company’s Samenta porphyry Cu-Mo property south of First Quantum’s TacaTaca project as well as its Aguas Perdidas Au-Ag epithermal property. | |
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