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Abraplata to Mobilize Drill Rig for its Diablillos Ag-Au Project in Argentina
Jun. 22, 2017 08:43AM PST
Silver InvestingAbraPlata Resource TSX.V:ABRA (“AbraPlata” or the “Company”) is pleased to announce that it has started a 2000m diamond drilling program on its Diablillos Ag-Au project in southern Salta Province of northwestern Argentina. The objective of the planned diamond drill program is to establish a resource within Fantasma Mineralized Zone with a view to further expanding …
AbraPlata Resource TSX.V:ABRA (“AbraPlata” or the “Company”) is pleased to announce that it has started a 2000m diamond drilling program on its Diablillos Ag-Au project in southern Salta Province of northwestern Argentina.
The objective of the planned diamond drill program is to establish a resource within Fantasma Mineralized Zone with a view to further expanding the existing resources outlined at the Oculto Deposit, some 800m to the east of Fantasma.
This will allow the Company to establish the parameters necessary for completing a Preliminary Economic Assessment study.
Diablillos lies at an elevation of 4100m above sea level, and covers an area of some 79km2. The property hosts Ag-Au epithermal mineralization within a north-trending graben which traverses most of the property.
This mineralization includes the Oculto deposit for which an indicated resource has been estimated consisting of 27.7m tonnes at 91.2g/t Ag and 0.85g/t Au and containing 81.3m oz Ag and 755k oz Au (135m oz AgEq or 1.9m oz AuEq).
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