AbraSilver Resource is pleased to announce that it has closed its previously announced underwritten private placement financing, including the exercise in full of the underwriters' option. Pursuant to the Offering, the Company issued an aggregate of 27,027,000 units for gross proceeds of $9,999,990. Each Unit, priced at $0.37 per Unit, consists of one common share in the capital of the Company and one-half of one Common [...]
AbraSilver Resource is pleased to announce that it has entered into an agreement with Eight Capital, as lead underwriter and bookrunner, and on behalf of a syndicate of underwriters, in connection with a "bought deal" private placement financing of 21,622,000 units of the Company at a price of $0.37 per Unit, for aggregate gross proceeds of $8,000,140. Each Unit will be comprised of one common share of the Company and [...]
AbraSilver Resource is pleased to announce it has filed its unaudited condensed interim consolidated financial statements for the three and nine months ended September 30, 2022 and related management's discussion and analysis. Copies of the Q3 Filings can be accessed on the Company's SEDAR. The Company has included in the Q3 MD&A certain information that was inadvertently excluded from the Company's management's [...]
AbraSilver Resource is pleased to announce new assay results from four diamond drill holes from the ongoing 15,000 m Phase III program on the Company's wholly-owned Diablillos property. Drilling is now concentrated in the recently discovered Southwest zone which is located several hundred metres southwest of the edge of currently defined Mineral Resources on the main Oculto deposit. Systematic grid drilling of the [...]
AbraSilver Resource Corp. is pleased to announce new assay results from four diamond drill holes from the ongoing 15,000 mPhase III program on the Company's wholly-owned Diablillos property. Two of the four holes were drilled in the newly discovered Southwest zone which is located several hundred meters southwest of the current Mineral Resources on the main Oculto deposit. Both of the latest holes at the JAC target [...]
AbraSilver Resource is pleased to announce an updated, conceptual open pit constrained, Mineral Resource estimate for the Oculto deposit on the Company's wholly-owned Diablillos property in Salta Province. The Mineral Resource estimate is based on a total of 104,888 m of drilling in 457 holes. Highlights of the October 2022 Mineral Resource Estimate: Substantial growth in Measured Indicated Mineral Resources: 51.3Mt at [...]
AbraSilver Resource is very pleased to announce new assay results from two holes drilled at the Company's newest near-surface, high-grade silver zone. The highly prospective Southwest zone is located over 500 m to the southwest of the Oculto Mineral Resource, on the Company's wholly-owned Diablillos property. Both of the latest holes returned excellent silver grades, in oxides near-surface. Key takeaways include: Hole DDH [...]
AbraSilver Resource Corp. is very pleased to announce the first set of assay results from the Company's ongoing Phase III drill program, on its wholly-owned Diablillos property. The first two holes returned two of the top four best silver-equivalent intercepts ever reported at Diablillos on a grade-thickness basis, including two separate bonanza-grade zones that intersected greater than 2,000 g/t AgEq over 23 metres each [...]
AbraSilver Resource Corp. is pleased to announce assay results from the final eight diamond drill holes completed as part of the Company's highly-successful Phase II drill program, on its wholly-owned Diablillos property. The latest batch of holes targeted the Northeast zone, as well as the extension potential of the conceptual Oculto open pit. Key takeaways include: Hole DDH 22-041 intersected 38.5 metres at 183 g/t AgEq [...]
Eric Sprott announces that, 18,240,750 common share purchase warrants of AbraSilver Resource Corp., expired unexercised representing a decrease in holdings of approximately 3.5% of the outstanding common shares on a partially diluted basis since the date of the last early warning report. Prior to the expiry of these Warrants, Mr. Sprott beneficially owned and controlled 62,481,500 Shares and 18,240,750 Warrants [...]
AbraSilver Resource Corp. is very pleased to announce new assay results from four diamond drill holes from the Phase II program on the Company's wholly-owned Diablillos property. Wide zones of high-grade mineralization were encountered in all four holes. Hole DDH 22-037 was an in-fill hole drilled vertically in the Tesoro zone and contains the thickest, high-grade silver-gold intercept ever encountered on the Project. Key [...]
AbraSilver Resource Corp. is pleased to announce assay results from three new diamond drill holes from the Phase II drill program located on the Company's wholly owned Diablillos property in Salta Province, Argentina. All three holes were located in the Oculto Northeast zone. Key takeaways include: DDH 22-021 intersected a near-surface, high-grade silver interval of 17m at 365 g/t AgEq in oxides starting at a down-hole [...]
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