AbraSilver Intersects 109 Metres of 221 g/t Silver and 0.72 g/t Gold at Oculto West, Including 14 Metres of 580 g/t Silver
Original announcement by tmx on
- Company
- AbraSilver Resource Corp.
- Ticker
- ABRA
- Exchange
- TSX
- Region
- Argentina
- Primary commodity
- Silver
- Secondary commodities
- Gold, Copper
- Document categories
- Drill results, Resource update
- Extracted
- 2026-08-20 20:48:41 UTC
Analysis by Minestarters Atlas
Minestarters Atlas analysis
Summary
AbraSilver Resource Corp. announced high-grade drill results from its Diablillos project in Argentina, highlighted by 109.0 metres grading 221.2 g/t silver and 0.72 g/t gold at Oculto West, including a bonanza intercept of 14.0 metres at 580 g/t silver. These results confirm mineralization continuity in a previously undrilled area and extend it beyond the current conceptual open pit, indicating strong potential for Mineral Resource growth. The company also provided an updated Mineral Resource Estimate as of April 30, 2026, detailing significant silver and gold resources across Measured, Indicated, and Inferred categories for both tank and heap leach processes.
Reasoning: AbraSilver reported exceptional drill results from its Diablillos project, including a broad, high-grade silver-gold intercept of 109.0 m at 221.2 g/t silver and 0.72 g/t gold in a previously undrilled area at Oculto West, demonstrating significant resource growth potential. The release also provides an updated Mineral Resource Estimate, reinforcing the project's scale.
Positive factors
- High-grade silver-gold intercept in previously undrilled area
- Extension of mineralization beyond current conceptual open pit
- Potential for significant Mineral Resource growth
- Comprehensive QA/QC disclosure and QP sign-off
Negative factors
- True widths are not yet known for drill intercepts
- Resource estimate cut-off grade is not a single explicit value but derived from economic parameters
Low confidence — this extraction should be reviewed alongside the original source.
Facts used in scoring: 14
Classification and evidence
Bonanza Interceptpositive
Exceptionally high-grade zone, well above the deposit-type norm.
Why it applies: The intercept of 14.0 m at 580 g/t silver is exceptionally high-grade, well above typical thresholds for silver deposits.
Evidence · text
“14.0 m at 580 g/t silver”
Apparent Width Onlynegative
Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.
Why it applies: The document explicitly states 'Widths are reported as drilled; true widths are not yet known' for all drill results.
Evidence · text
“Widths are reported as drilled; true widths are not yet known.”
Step-Out Extensionpositive
Mineralization extended beyond the previously known limit.
Why it applies: Hole DDH 26-036 was drilled in a 'previously undrilled gap at Oculto West' and 'confirms the continuity of mineralization across this interval', extending known mineralization.
Evidence · text
“Hole DDH 26-036 intersected 109.0 metres ("m") grading 221.2 g/t silver and 0.72 g/t gold from 114.0 m downhole in a previously undrilled gap at Oculto West, confirming the continuity of mineralization across this interval.”
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: The release includes a detailed 'QA/QC and Core Sampling Protocols' section mentioning industry standard methodologies, blanks, certified reference materials, duplicate core samples, chain-of-custody, and analysis by ASA (Alex Stewart Argentina) using multi-element ICP/AES and Fire Assay.
Evidence · text
“AbraSilver applies industry standard exploration methodologies and techniques, and all drill core samples are collected under the supervision of the Company's geologists in accordance with industry best practices. ... Samples are then bagged, and quality control materials are inserted at regular intervals at site; these include blanks and certified reference materials as well as duplicate core samples ... All samples are received by the ASA (Alex Stewart Argentina) preparation laboratory in Salta ... All samples are analyzed using a multi-element technique consisting of a four-acid digestion followed by ICP/AES detection, and gold is analyzed by 50g Fire Assay with an AAS finish.”
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: David O'Connor P.Geo., Chief Geologist for AbraSilver, is the Qualified Person as defined by National Instrument 43-101 and has reviewed and approved the scientific and technical information. Luis Rodrigo Peralta, B.Sc., FAusIMM CP (Geo), is an Independent Qualified Person under NI 43-101 for the resource estimate.
Evidence · text
“David O'Connor P.Geo., Chief Geologist for AbraSilver, is the Qualified Person as defined by National Instrument 43-101 Standards of Disclosure for Mineral Projects, and he has reviewed and approved the scientific and technical information in this news release.”
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: The resource estimate is stated to be in accordance with NI 43-101, and the QP for the resource estimate is an Independent Qualified Person under NI 43-101.
Evidence · text
“The Mineral Resource was estimated by Luis Rodrigo Peralta, B.Sc., FAusIMM CP (Geo), an INSA Consultora Managing Principal Geologist, and an Independent Qualified Person under NI 43-101.”
Measured Resourcepositive
Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.
Why it applies: The resource estimate includes 'Measured' category for both Tank Leach and Heap Leach oxides, totaling 66,512 kt.
Evidence · table
“Measured”
Context: 41,042
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: The resource estimate includes 'Indicated' category for both Tank Leach and Heap Leach oxides, totaling 165,469 kt.
Evidence · table
“Indicated”
Context: 60,978
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: The resource estimate includes 'Inferred' category for both Tank Leach and Heap Leach oxides, totaling 49,347 kt.
Evidence · table
“Inferred”
Context: 14,400
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: The resource estimate footnotes describe a conceptual Whittle open pit shell and a Net Value per block (NVB) calculation to constrain the resource, but no single explicit cut-off grade (e.g., g/t or %) is stated for the resource itself.
Evidence · text
“The Mineral Resource is reported inside a conceptual Whittle open pit shell derived using US$ 34.50/oz Ag price, US $3,200/oz Au price, 86.6% process recovery for Au, and 80.9% process recovery for Ag, for the tank leaching and 74.3% process recovery for Au, and 46.8% process recovery for Ag, for the secondary heap leaching. Open pit optimization was constrained using a dual-process approach... A Net Value per block [NVB] calculation was used to constrain the Mineral Resource...”
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: The document presents 'Table 2 - Diablillos Mineral Resource Estimate - As of April 30, 2026', which is a formal update to the project's mineral resources.
Evidence · text
“Table 2 - Diablillos Mineral Resource Estimate - As of April 30, 2026”
Extracted facts
Stored fact records: 14. Some facts used in scoring do not have a stored record.
Drill Results (12)
DDH-26-036Diablillos · silverGrade: 33.9Grade Unit: g/tIntercept: 7.6 mView all detailsHide details
Identity
- Hole ID
- DDH-26-036
- Project
- Diablillos
- Commodity
- silver
- Region
- argentina
- Reported Region
- Argentina
- Ticker
- ABRA
Geometry
- Grade
- 33.9
- Grade Unit
- g/t
- Intercept
- 7.6 m
- From
- 240.4 m
- To
- 248 m
- Hole Depth
- 294 m
Classification
- Program
- exploration
- Sample Type
- drill
- Mining Method
- open_pit
Location
- Easting
- 720171
- Northing
- 7199283
- CRS
- UTM
- Elevation
- 4254 m
- Azimuth
- 25 °
- Dip
- -60 °
- Loc. Confidence
- high
QA/QC
- Laboratory
- ASA (Alex Stewart Argentina)
- QA/QC Disclosed
- Yes
- Lab Certified
- No
- QP Signed
- Yes
- QA/QC Methods
- blanks, standards, duplicates
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-07-13T00:00:00.000Z
Reasoning: A silver intercept in the mixed oxide-sulphide zone, indicating polymetallic potential.
Negative factors
- True width unknown
Evidence · table
“33.9”
Context: 7.6
DDH-26-036Diablillos · goldGrade: 0.3Grade Unit: g/tIntercept: 6.4 mView all detailsHide details
Identity
- Hole ID
- DDH-26-036
- Project
- Diablillos
- Commodity
- gold
- Region
- argentina
- Reported Region
- Argentina
- Ticker
- ABRA
Geometry
- Grade
- 0.3
- Grade Unit
- g/t
- Intercept
- 6.4 m
- From
- 234 m
- To
- 240.4 m
- Hole Depth
- 294 m
Classification
- Program
- exploration
- Sample Type
- drill
- Mining Method
- open_pit
Location
- Easting
- 720171
- Northing
- 7199283
- CRS
- UTM
- Elevation
- 4254 m
- Azimuth
- 25 °
- Dip
- -60 °
- Loc. Confidence
- high
QA/QC
- Laboratory
- ASA (Alex Stewart Argentina)
- QA/QC Disclosed
- Yes
- Lab Certified
- No
- QP Signed
- Yes
- QA/QC Methods
- blanks, standards, duplicates
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-07-13T00:00:00.000Z
Reasoning: A low-grade gold intercept from DDH 26-036.
Negative factors
- Low grade
- True width unknown
Evidence · table
“0.30”
Context: 6.4
DDH-26-036Diablillos · copperGrade: 0.54Grade Unit: %Intercept: 15 mView all detailsHide details
Identity
- Hole ID
- DDH-26-036
- Project
- Diablillos
- Commodity
- copper
- Region
- argentina
- Reported Region
- Argentina
- Ticker
- ABRA
Geometry
- Grade
- 0.54
- Grade Unit
- %
- Intercept
- 15 m
- From
- 269 m
- To
- 284 m
- Hole Depth
- 294 m
Classification
- Program
- exploration
- Sample Type
- drill
- Mining Method
- open_pit
Location
- Easting
- 720171
- Northing
- 7199283
- CRS
- UTM
- Elevation
- 4254 m
- Azimuth
- 25 °
- Dip
- -60 °
- Loc. Confidence
- high
QA/QC
- Laboratory
- ASA (Alex Stewart Argentina)
- QA/QC Disclosed
- Yes
- Lab Certified
- No
- QP Signed
- Yes
- QA/QC Methods
- blanks, standards, duplicates
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-07-13T00:00:00.000Z
Reasoning: This copper intercept in sulphides further highlights the potential of the underlying copper and associated precious metals mineralization within the sulphide system.
Positive factors
- Highlights potential of underlying copper mineralization within sulphide system
Negative factors
- True width unknown
Evidence · table
“0.54”
Context: 15.0
Fact 4Diablillos · silverGrade: 32Grade Unit: g/tView all detailsHide details
Identity
- Project
- Diablillos
- Commodity
- silver
- Region
- argentina
- Reported Region
- Argentina
- Ticker
- ABRA
Geometry
- Grade
- 32
- Grade Unit
- g/t
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-07-13T00:00:00.000Z
Reasoning: This total Inferred resource for silver equivalent indicates potential but requires further drilling to upgrade confidence.
Negative factors
- Inferred category has lower confidence
- Cut-off grade not explicitly stated as a single value
Evidence · table
“32”
Context: 49,347
DDH-26-022Diablillos · silverGrade: 32.8Grade Unit: g/tIntercept: 63 mView all detailsHide details
Identity
- Hole ID
- DDH-26-022
- Project
- Diablillos
- Commodity
- silver
- Region
- argentina
- Reported Region
- Argentina
- Ticker
- ABRA
Geometry
- Grade
- 32.8
- Grade Unit
- g/t
- Intercept
- 63 m
- From
- 60 m
- To
- 123 m
Classification
- Sample Type
- drill
- Group ID
- DDH-26-022:60-123
- Mining Method
- open_pit
Location
- CRS
- UTM
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-07-13T00:00:00.000Z
Reasoning: Expanded from assay table. 32.8 g/t silver is moderate against the default band [500, 200, 100, 30] g/t. Grade×width 2066.4 g/t·m is moderate (grade alone is weak; the better of the two is used).
Negative factors
- Scored from rubric bands during table expansion, not from document context.
Evidence · table
“32.8”
Context: DDH-26-022
DDH-26-028Diablillos · goldGrade: 0.86Grade Unit: g/tIntercept: 2 mView all detailsHide details
Identity
- Hole ID
- DDH-26-028
- Project
- Diablillos
- Commodity
- gold
- Region
- argentina
- Reported Region
- Argentina
- Ticker
- ABRA
Geometry
- Grade
- 0.86
- Grade Unit
- g/t
- Intercept
- 2 m
- From
- 102 m
- To
- 104 m
Classification
- Sample Type
- drill
- Group ID
- DDH-26-028:102-104
- Mining Method
- open_pit
Location
- CRS
- UTM
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-07-13T00:00:00.000Z
Reasoning: Expanded from assay table. 0.86 g/t gold is weak against the open_pit mining band [5, 2, 1, 0.3] g/t. Grade×width 1.7 g/t·m is below (grade alone is weak; the better of the two is used).
Negative factors
- Scored from rubric bands during table expansion, not from document context.
Evidence · table
“0.86”
Context: DDH-26-028
DDH-26-032Diablillos · silverGrade: 1.5Grade Unit: g/tIntercept: 11 mView all detailsHide details
Identity
- Hole ID
- DDH-26-032
- Project
- Diablillos
- Commodity
- silver
- Region
- argentina
- Reported Region
- Argentina
- Ticker
- ABRA
Geometry
- Grade
- 1.5
- Grade Unit
- g/t
- Intercept
- 11 m
- From
- 264 m
- To
- 275 m
Classification
- Sample Type
- drill
- Group ID
- DDH-26-032:264-275
- Mining Method
- open_pit
Location
- CRS
- UTM
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-07-13T00:00:00.000Z
Reasoning: Expanded from assay table. 1.5 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 16.5 g/t·m is below.
Negative factors
- 1.5 g/t silver is below the weak threshold (30 g/t) on the default band.
- Scored from rubric bands during table expansion, not from document context.
Evidence · table
“1.5”
Context: DDH-26-032
DDH-26-032Diablillos · goldGrade: 0.65Grade Unit: g/tIntercept: 11 mView all detailsHide details
Identity
- Hole ID
- DDH-26-032
- Project
- Diablillos
- Commodity
- gold
- Region
- argentina
- Reported Region
- Argentina
- Ticker
- ABRA
Geometry
- Grade
- 0.65
- Grade Unit
- g/t
- Intercept
- 11 m
- From
- 264 m
- To
- 275 m
Classification
- Sample Type
- drill
- Group ID
- DDH-26-032:264-275
- Mining Method
- open_pit
Location
- CRS
- UTM
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-07-13T00:00:00.000Z
Reasoning: Expanded from assay table. 0.65 g/t gold is weak against the open_pit mining band [5, 2, 1, 0.3] g/t. Grade×width 7.2 g/t·m is below (grade alone is weak; the better of the two is used).
Negative factors
- Scored from rubric bands during table expansion, not from document context.
Evidence · table
“0.65”
Context: DDH-26-032
DDH-26-034Diablillos · silverGrade: 86.4Grade Unit: g/tIntercept: 3 mView all detailsHide details
Identity
- Hole ID
- DDH-26-034
- Project
- Diablillos
- Commodity
- silver
- Region
- argentina
- Reported Region
- Argentina
- Ticker
- ABRA
Geometry
- Grade
- 86.4
- Grade Unit
- g/t
- Intercept
- 3 m
- From
- 179 m
- To
- 182 m
Classification
- Sample Type
- drill
- Group ID
- DDH-26-034:179-182
- Mining Method
- open_pit
Location
- CRS
- UTM
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-07-13T00:00:00.000Z
Reasoning: Expanded from assay table. 86.4 g/t silver is weak against the default band [500, 200, 100, 30] g/t. Grade×width 259.2 g/t·m is weak.
Negative factors
- Scored from rubric bands during table expansion, not from document context.
Evidence · table
“86.4”
Context: DDH-26-034
DDH-26-034Diablillos · goldGrade: 0.48Grade Unit: g/tIntercept: 3 mView all detailsHide details
Identity
- Hole ID
- DDH-26-034
- Project
- Diablillos
- Commodity
- gold
- Region
- argentina
- Reported Region
- Argentina
- Ticker
- ABRA
Geometry
- Grade
- 0.48
- Grade Unit
- g/t
- Intercept
- 3 m
- From
- 179 m
- To
- 182 m
Classification
- Sample Type
- drill
- Group ID
- DDH-26-034:179-182
- Mining Method
- open_pit
Location
- CRS
- UTM
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-07-13T00:00:00.000Z
Reasoning: Expanded from assay table. 0.48 g/t gold is weak against the open_pit mining band [5, 2, 1, 0.3] g/t. Grade×width 1.4 g/t·m is below (grade alone is weak; the better of the two is used).
Negative factors
- Scored from rubric bands during table expansion, not from document context.
Evidence · table
“0.48”
Context: DDH-26-034
DDH-26-036Diablillos · silverGrade: 221.2Grade Unit: g/tIntercept: 109 mView all detailsHide details
Identity
- Hole ID
- DDH-26-036
- Project
- Diablillos
- Commodity
- silver
- Region
- argentina
- Reported Region
- Argentina
- Ticker
- ABRA
Geometry
- Grade
- 221.2
- Grade Unit
- g/t
- Intercept
- 109 m
- From
- 114 m
- To
- 223 m
Classification
- Sample Type
- drill
- Group ID
- DDH-26-036:114-223
- Mining Method
- open_pit
Location
- CRS
- UTM
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-07-13T00:00:00.000Z
Reasoning: Expanded from assay table. 221.2 g/t silver is exceptional against the default band [500, 200, 100, 30] g/t. Grade×width 24110.8 g/t·m is exceptional (grade alone is strong; the better of the two is used).
Positive factors
- 221.2 g/t silver is exceptional on the default band.
Negative factors
- Scored from rubric bands during table expansion, not from document context.
Evidence · table
“221.2”
Context: DDH-26-036
DDH-26-036Diablillos · goldGrade: 0.72Grade Unit: g/tIntercept: 109 mView all detailsHide details
Identity
- Hole ID
- DDH-26-036
- Project
- Diablillos
- Commodity
- gold
- Region
- argentina
- Reported Region
- Argentina
- Ticker
- ABRA
Geometry
- Grade
- 0.72
- Grade Unit
- g/t
- Intercept
- 109 m
- From
- 114 m
- To
- 223 m
Classification
- Sample Type
- drill
- Group ID
- DDH-26-036:114-223
- Mining Method
- open_pit
Location
- CRS
- UTM
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-07-13T00:00:00.000Z
Reasoning: Expanded from assay table. 0.72 g/t gold is moderate against the open_pit mining band [5, 2, 1, 0.3] g/t. Grade×width 78.5 g/t·m is moderate (grade alone is weak; the better of the two is used).
Negative factors
- Scored from rubric bands during table expansion, not from document context.
Evidence · table
“0.72”
Context: DDH-26-036
Resource Estimates (2)
inferredsilverTonnes: 49347Grade: 12Grade Unit: g/tView all detailsHide details
Identity
- Commodity
- silver
- Ticker
- ABRA
Resource Data
- Category
- inferred
- Tonnes
- 49347
- Grade
- 12
- Grade Unit
- g/t
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-07-13T00:00:00.000Z
Reasoning: This Inferred resource for silver in tank leach oxides indicates potential but requires further drilling to upgrade confidence. (Expanded from multi-commodity resource table for completeness.)
Negative factors
- Inferred category has lower confidence
- Cut-off grade not explicitly stated as a single value
Evidence · table
“12”
Context: 49,347
inferredgoldTonnes: 49347Grade: 0.26Grade Unit: g/tView all detailsHide details
Identity
- Commodity
- gold
- Ticker
- ABRA
Resource Data
- Category
- inferred
- Tonnes
- 49347
- Grade
- 0.26
- Grade Unit
- g/t
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-07-13T00:00:00.000Z
Reasoning: This Inferred resource for silver in tank leach oxides indicates potential but requires further drilling to upgrade confidence. (Expanded from multi-commodity resource table for completeness.)
Negative factors
- Inferred category has lower confidence
- Cut-off grade not explicitly stated as a single value
Evidence · table
“0.26”
Context: 49,347
How Atlas produces this analysis
Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.