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AbraPlata Resource Corp.
Summary
| Project: | Diablillos | |
|---|---|---|
| Deposit: | Oculto | |
| Location: | Argentina | |
| Commodities: | Gold-Silver | |
| Date: | 2/19/2020 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Pre-Feasibility Study | |
| Report details: | 19-2-2020: AbraPlata Resource Corp. announces an Exploration/Drilling Update report for its Oculto deposit at the Diablillos project. Drilling results incl. 29m @ 430g/t Ag, 4.30g/t Au, 2.77% Cu from 261m. Toronto - February 19, 2020: AbraPlata Resource C | |
| Resources: | (Resources, Ind.): 26.9Mt @ 0.85g/t Au, 93.0g/t Ag (732koz Au, 80.3Moz Ag) | |
| CP/QP: | [Overall Report]: David O'Connor (Internal) | |
| ABSTRACT: | Toronto - February 19, 2020: AbraPlata Resource Corp. (TSX.V:ABRA; OTCPK: ABBRF) ("AbraPlata" or the “Company”) is pleased to announce significant high-grade assay results from the third diamond drill hole, DDH 20-001, completed at the Oculto deposit, located on its wholly-owned Diablillos project in Salta province, Argentina. In addition to intercepting high-grade gold and silver mineralisation, DDH 20-001 intercepted high-grade copper mineralisation in the vertical continuation of a hydrothermal breccia beneath the current gold and silver resources at Oculto (see Table 2). Hole DDH 20-001 was drilled to a depth of 359 metres to test for the vertical continuation of the Main Breccia below the existing mineral resources (Figures 1 and 2). DDH 20-001 intersected 14 metres grading 6.40 g/t gold with 197 g/t silver from 261 metres, which is interpreted to be part of the high-grade gold zone at the unconfirmity contact between the volcanics and basement. Immediately underneath this gold-rich interval, drilling intersected 15 metres of sulphide mineralisation grading 5.10% copper, 2.35 g/t gold and 658 g/t silver including 4 metres grading 10.28% copper, 6.44 g/t gold and 1,476 g/t silver (see Table 1). | |
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