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    market news

    AbraPlata reports latest drill results for the Fantasma Mineralized Zone at the Diablillos Project in Argentina

    Melissa Shaw
    Oct. 19, 2017 08:28AM PST
    Silver Investing

    AbraPlata Resource (TSX.V:ABRA)(OTCQB:ABBRF)(Frankfurt:1AH) (“AbraPlata” or the “Company”) is pleased to report results of the latest drill results from the Fantasma Mineralized Zone on its Diablillos property in northwestern Argentina. Hole DDH-17-152, which was collared 130m WSW of hole DDH-17-128 (the first hole of the current campaign and subject of news release dated  August 1, 2017), intersected …

    AbraPlata Resource (TSX.V:ABRA)(OTCQB:ABBRF)(Frankfurt:1AH) (“AbraPlata” or the “Company”) is pleased to report results of the latest drill results from the Fantasma Mineralized Zone on its Diablillos property in northwestern Argentina.

    Hole DDH-17-152, which was collared 130m WSW of hole DDH-17-128 (the first hole of the current campaign and subject of news release dated  August 1, 2017), intersected  89.6g/t Ag over 9m (from 109m – 118m down the hole), including 227.0g/t Ag over 2m (from 112m – 114m).  Drilling to date at Fantasma has indicated mineralization and alteration over a 400m zone oriented along a WNW trend.  A high grade core (~100-150g/t Ag) manifests itself in the SE half of this zone (Figure 1) and appears to have a strike of some 200m (Figure 1) and a width of about 30m (Figure 2).  This high grade core is open to the ESE towards the Oculto deposit some 600m to the E of the Fantasma Zone, and the higher grade core seems to plunge down below lower grade mineralization (30-60 g/t Ag) towards the WNW.

    AbraPlata’s Executive Chairman, Hernan Zaballa said:

    “These results have been sent to RPA Inc of Toronto for inclusion in the PEA which is currently underway. Moreover, we plan to continue to drill-off mineralization towards the ESE at Fantasma, before moving the rig to the other satellite deposits on the property.”

    Click here to read the full text release. 

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