AbraSilver hits 8.5 metres at 13.81 g/t gold at Oculto East, expanding Diablillos high-grade zone

AbraSilver (TSX: ABRA) intersected 8.5 m at 13.81 g/t gold at Oculto East in Argentina, expanding the high-grade gold zone at its Diablillos project and reinforcing strong exploration potential.

AbraSilver Resource Corp. (TSX: ABRA; OTCQX: ABBRF) has reported new high-grade gold and silver assay results from five drill holes at its Diablillos project in Salta Province, Argentina, highlighting continued expansion of the oxide-hosted mineralization at Oculto East.

The results come from the ongoing Phase V drill campaign, which continues to extend the high-grade gold zone well beyond the current conceptual open pit, reinforcing the project’s strong exploration and resource growth potential.

Standout intercept: 8.5 m at 13.81 g/t gold

At Oculto East, hole DDH 25-077 returned a standout intercept of 8.5 metres grading 13.81 g/t gold and 14.3 g/t silver from 317 metres downhole, along the same mineralized trend as hole DDH 25-024, which previously cut 31.0 m at 9.96 g/t gold and 16.2 g/t silver.

Other significant results include:

• DDH 25-073: 10.0 m @ 59 g/t Ag (from 117 m) and 20.0 m @ 0.66 g/t Au (from 223 m)
• DDH 25-074: 31.0 m @ 0.59 g/t Au (from 255 m)
• DDH 25-075A: 73.0 m @ 0.55 g/t Au (from 277 m), including 13.5 m @ 0.83 g/t Au and 16.5 m @ 0.75 g/t Au
• DDH 25-076: 12.0 m @ 62 g/t Ag (from 128 m) and 180.0 m @ 0.65 g/t Au (from 170 m), including 15.0 m @ 1.36 g/t Au

Company commentary

“Drilling at Oculto East continues to deliver impressive results with wide, high-grade gold intercepts,” said John Miniotis, AbraSilver’s President and CEO. “The continued expansion of this zone well beyond the current conceptual open pit demonstrates the strong growth potential of Diablillos and positions us to unlock significant value through ongoing exploration and development.”

Dave O’Connor, Chief Geologist, added: “The consistency of these intercepts confirms a large, continuous mineralized envelope with significant potential for further expansion.”

Exploration advancing across Diablillos

AbraSilver said drilling at Oculto East continues to demonstrate broad, continuous oxide gold mineralization, with additional assay results pending. A deep drill hole is underway to test for porphyry-style mineralization beneath the high-grade zone, marking a major step in evaluating Diablillos’ deeper potential.

Parallel exploration at the Cerro Blanco and Cerro Viejo targets — located 4 km northeast of Oculto — is also underway. A deep hole at Cerro Blanco and four shallow holes at Cerro Viejo have been completed, with another deep hole in progress. Results from these porphyry targets are expected before year-end.

About the Diablillos project

The Diablillos property, located in Argentina’s Puna region (southern Salta Province, near the Catamarca border), comprises 15 contiguous mining concessions and covers a highly prospective epithermal-porphyry system. The project hosts multiple silver-gold oxide deposits including Oculto, JAC, Laderas, and Fantasma, within a 1.5 km radius.

To date, over 150,000 metres of drilling have been completed, confirming the presence of extensive near-surface oxide resources and a large underlying porphyry complex about 4 km northeast of Oculto.

Comparable high-sulphidation deposits in the region include La Coipa (Chile), Yanacocha (Peru), El Indio (Chile), Lagunas Norte (Peru), Veladero (Argentina), and Filo del Sol (Argentina).