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silver investing

AbraPlata Intersects 350g/t Silver over 5m in additional drilling at its Diablillos Project in Argentina

Melissa Shaw
Aug. 29, 2017 08:30AM PST
Precious Metals Investing

AbraPlata Resource (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). Drill hole DDH-17-134 (Figure 2), which was collared 70m SE of  hole …

AbraPlata Resource (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).

Drill hole DDH-17-134 (Figure 2), which was collared 70m SE of  hole DDH-17-128 (subject of news release dated  August 1, 2017), intersected  193.7g/t Ag over 11m (from 92m – 103m down the hole), including 348.8g/t Ag over 5m (from 93m – 98m) in which a single sample returned 795g/t Ag over 1m.  Additional mineralization was intersected further down the hole grading 102.7g/t Ag over 19m (from 133m – 152m), including 2m at 330.0g/t Ag (Figure 3).  DDH-17-134 was angled at -60° along an azimuth of 045°, and was designed to test steeply- to vertically-dipping mineralization striking NW-SE.

AbraPlata’s Executive Chairman, Hernan Zaballa said:

“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.

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.”

Click here to read the full text release.

silver investing
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