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AbraSilver Resource ( (TSE:ABRA) ) has provided an announcement.
AbraSilver Resource Corp. has announced promising high-grade gold and silver assay results from its initial drilling at the Oculto East target, part of its ongoing Phase IV drill program at the Diablillos project in Argentina. These new discoveries at the Oculto East and Sombra targets indicate significant potential for resource expansion, with key drill results showing high-grade intervals. This development could substantially increase the known mineralized footprint and offer expansion potential beyond the existing Oculto open pit, positively impacting shareholder value and the company’s market positioning.
More about AbraSilver Resource
AbraSilver Resource Corp. operates in the mining industry, focusing on gold and silver exploration and development. The company is actively engaged in expanding its resource base in Argentina through its Diablillos project.
YTD Price Performance: 27.12%
Average Trading Volume: 151,541
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $294.6M
See more insights into ABRA stock on TipRanks’ Stock Analysis page.