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AbraSilver Resource ( (TSE:ABRA) ) has provided an update.
AbraSilver Resource Corp. announced promising results from its initial reconnaissance drilling at the Diablillos porphyry complex in Argentina, revealing significant gold mineralization, particularly at the Cerro Viejo target. The results indicate a high-grade gold epithermal overprint on a porphyry system, with potential for shallow, high-grade gold resources, enhancing the company’s exploration prospects and positioning within the mining sector.
More about AbraSilver Resource
AbraSilver Resource Corp. operates in the mining industry, focusing on the exploration and development of mineral properties. The company primarily deals with gold, silver, and copper, with a notable presence in Argentina through its Diablillos project.
YTD Price Performance: 8.47%
Average Trading Volume: 154,471
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: $250.3M
See more insights into ABRA stock on TipRanks’ Stock Analysis page.
