AbraSilver's Definitive Feasibility Study Positions Diablillos Among the Premier Undeveloped Silver-Gold Projects Globally with CAD$4.2B After-Tax NPV5% & 42% IRR
Original announcement by tmx on
- Company
- AbraSilver Resource Corp.
- Ticker
- ABRA
- Exchange
- TSX
- Region
- Argentina
- Primary commodity
- Silver
- Secondary commodities
- Gold
- Document categories
- Resource update, Production
- Extracted
- 2026-08-20 21:40:38 UTC
Analysis by Minestarters Atlas
Minestarters Atlas analysis
Summary
AbraSilver's Definitive Feasibility Study for the Diablillos silver-gold project reveals robust economics, including a CAD$4.2 billion after-tax NPV5% and a 41.9% IRR at base-case metal prices. The study outlines a 25-year mine life with average annual production of 10.3 Moz silver equivalent, supported by increased Proven and Probable Mineral Reserves of 77.9 Mt. Initial capital expenditures are estimated at $721.5 million, with low All-in Sustaining Cash Costs of $20/oz AgEq over the life of mine.
Reasoning: The Definitive Feasibility Study for the Diablillos project demonstrates robust economics with a high after-tax NPV of CAD$4.2 billion and an IRR of 41.9%, coupled with low operating costs and a significant increase in Proven and Probable Mineral Reserves, positioning it as a premier undeveloped silver-gold project.
Positive factors
- High NPV
- High IRR
- Low AISC
- Increased Proven and Probable Reserves
- Long LOM
- Strong production profile
- QP/CP Signed
- NI 43-101 Compliant
- Category Upgrade
- Tonnage Growth
- Contained Metal Growth
- Cut-off Disclosed
Low confidence — this extraction should be reviewed alongside the original source.
Facts used in scoring: 43
Classification and evidence
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: The document is a Definitive Feasibility Study (DFS) for the Diablillos project.
Evidence · text
“AbraSilver's Definitive Feasibility Study Positions Diablillos Among the Premier Undeveloped Silver-Gold Projects Globally with CAD$4.2B After-Tax NPV5% & 42% IRR”
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: The Mineral Reserves Estimate is signed off by Mr. Miguel Fuentealba, P. Eng., and other Qualified Persons are listed.
Evidence · text
“The Qualified Person for the Mineral Reserves Estimate is Mr. Miguel Fuentealba, P. Eng.”
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: The Technical Report will be completed in accordance with National Instrument 43-101.
Evidence · text
“The Technical Report will be completed in accordance with National Instrument 43-101 - Standards of Disclosure for Mineral Projects ("NI 43-101")”
Proven Reservepositive
Measured Resource with demonstrated economic viability after applying modifying factors.
Why it applies: The document reports Proven Mineral Reserves in Table 6.
Evidence · table
“Proven”
Context: Mineral Reserve (all domains)
Probable Reservepositive
Indicated Resource with demonstrated economic viability after applying modifying factors.
Why it applies: The document reports Probable Mineral Reserves in Table 6.
Evidence · table
“Probable”
Context: Mineral Reserve (all domains)
Contained Metal Growthpositive
True scale improvement — contained metal ounces/tonnes increased vs prior, accounting for both tonnage and grade changes.
Why it applies: The DFS highlights 'Increased Proven and Probable Mineral Reserves' containing 183 Moz Ag and 1.8 Moz Au (366 Moz AgEq).
Evidence · text
“Increased Proven and Probable Mineral Reserves of 77.9 Mt grading 146 g/t Ag Eq, containing 183 Moz Ag and 1.8 Moz Au (366 Moz AgEq)”
Tonnage Growthpositive
Significant tonnage increase (≥15%) vs prior estimate with grade maintained or improved.
Why it applies: The DFS highlights 'Increased Proven and Probable Mineral Reserves of 77.9 Mt'.
Evidence · text
“Increased Proven and Probable Mineral Reserves of 77.9 Mt”
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: The Mineral Reserve estimate was based on an equivalent cut-off grade of approximately 38 g/t AgEq.
Evidence · text
“The NVB method matches an equivalent cut-off grade of approximately 38 g/t AgEq.”
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: The DFS includes an updated Mineral Reserve estimate.
Evidence · text
“The DFS mine plan is based on an updated Mineral Reserve estimate”
Extracted facts
Stored fact records: 43. Some facts used in scoring do not have a stored record.
Resource Estimates (43)
provenDiablillos · silverTonnes: 36547000Grade: 104Grade Unit: g/tContained Metal: 122452000Contained Unit: ozView all detailsHide details
Identity
- Project
- Diablillos
- Commodity
- silver
- Region
- argentina
- Reported Region
- Argentina
- Ticker
- ABRA
Resource Data
- Category
- proven
- Tonnes
- 36547000
- Grade
- 104
- Grade Unit
- g/t
- Contained Metal
- 122452000
- Contained Unit
- oz
- Cutoff Grade
- 38
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-06-22T00:00:00.000Z
Reasoning: The Proven Mineral Reserve for silver represents a high-confidence estimate with substantial contained metal, contributing significantly to the project's overall value.
Positive factors
- High confidence category
- Significant contained metal
Evidence · table
“104”
Context: 36,547
provenDiablillos · goldTonnes: 36547000Grade: 0.71Grade Unit: g/tContained Metal: 840000Contained Unit: ozView all detailsHide details
Identity
- Project
- Diablillos
- Commodity
- gold
- Region
- argentina
- Reported Region
- Argentina
- Ticker
- ABRA
Resource Data
- Category
- proven
- Tonnes
- 36547000
- Grade
- 0.71
- Grade Unit
- g/t
- Contained Metal
- 840000
- Contained Unit
- oz
- Cutoff Grade
- 38
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-06-22T00:00:00.000Z
Reasoning: The Proven Mineral Reserve for gold provides a high-confidence estimate of contained gold, adding to the project's economic robustness.
Positive factors
- High confidence category
- Significant contained metal
Evidence · table
“0.71”
Context: 36,547
provenDiablillos · silverTonnes: 36547000Grade: 178Grade Unit: g/tContained Metal: 209536000Contained Unit: ozView all detailsHide details
Identity
- Project
- Diablillos
- Commodity
- silver
- Region
- argentina
- Reported Region
- Argentina
- Ticker
- ABRA
Resource Data
- Category
- proven
- Tonnes
- 36547000
- Grade
- 178
- Grade Unit
- g/t
- Contained Metal
- 209536000
- Contained Unit
- oz
- Cutoff Grade
- 38
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-06-22T00:00:00.000Z
Reasoning: The Proven Mineral Reserve for silver equivalent provides a comprehensive high-confidence estimate of total contained metal, with disclosed assumptions for the equivalent calculation.
Positive factors
- High confidence category
- Significant contained metal
- Metal equivalent disclosed
Evidence · table
“178”
Context: 36,547
probableDiablillos · silverTonnes: 41364000Grade: 46Grade Unit: g/tContained Metal: 61085000Contained Unit: ozView all detailsHide details
Identity
- Project
- Diablillos
- Commodity
- silver
- Region
- argentina
- Reported Region
- Argentina
- Ticker
- ABRA
Resource Data
- Category
- probable
- Tonnes
- 41364000
- Grade
- 46
- Grade Unit
- g/t
- Contained Metal
- 61085000
- Contained Unit
- oz
- Cutoff Grade
- 38
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-06-22T00:00:00.000Z
Reasoning: The Probable Mineral Reserve for silver adds substantial contained metal to the project, contributing to its overall scale.
Positive factors
- Good confidence category
- Significant contained metal
Evidence · table
“46”
Context: 41,364
probableDiablillos · goldTonnes: 41364000Grade: 0.7Grade Unit: g/tContained Metal: 925000Contained Unit: ozView all detailsHide details
Identity
- Project
- Diablillos
- Commodity
- gold
- Region
- argentina
- Reported Region
- Argentina
- Ticker
- ABRA
Resource Data
- Category
- probable
- Tonnes
- 41364000
- Grade
- 0.7
- Grade Unit
- g/t
- Contained Metal
- 925000
- Contained Unit
- oz
- Cutoff Grade
- 38
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-06-22T00:00:00.000Z
Reasoning: The Probable Mineral Reserve for gold provides a good confidence estimate of contained gold, enhancing the project's economic profile.
Positive factors
- Good confidence category
- Significant contained metal
Evidence · table
“0.70”
Context: 41,364
probableDiablillos · silverTonnes: 41364000Grade: 118Grade Unit: g/tContained Metal: 156327000Contained Unit: ozView all detailsHide details
Identity
- Project
- Diablillos
- Commodity
- silver
- Region
- argentina
- Reported Region
- Argentina
- Ticker
- ABRA
Resource Data
- Category
- probable
- Tonnes
- 41364000
- Grade
- 118
- Grade Unit
- g/t
- Contained Metal
- 156327000
- Contained Unit
- oz
- Cutoff Grade
- 38
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-06-22T00:00:00.000Z
Reasoning: The Probable Mineral Reserve for silver equivalent provides a comprehensive good-confidence estimate of total contained metal, with disclosed assumptions for the equivalent calculation.
Positive factors
- Good confidence category
- Significant contained metal
- Metal equivalent disclosed
Evidence · table
“118”
Context: 41,364
proven_probableDiablillos · silverTonnes: 77911000Grade: 73Grade Unit: g/tContained Metal: 183537000Contained Unit: ozView all detailsHide details
Identity
- Project
- Diablillos
- Commodity
- silver
- Region
- argentina
- Reported Region
- Argentina
- Ticker
- ABRA
Resource Data
- Category
- proven_probable
- Tonnes
- 77911000
- Grade
- 73
- Grade Unit
- g/t
- Contained Metal
- 183537000
- Contained Unit
- oz
- Cutoff Grade
- 38
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-06-22T00:00:00.000Z
Reasoning: The total Proven and Probable Mineral Reserve for silver represents a substantial and increased resource base, underpinning the project's long-term production potential.
Positive factors
- Large total reserve
- Significant contained metal
- Increased reserves
Evidence · table
“73”
Context: 77,911
proven_probableDiablillos · goldTonnes: 77911000Grade: 0.7Grade Unit: g/tContained Metal: 1764000Contained Unit: ozView all detailsHide details
Identity
- Project
- Diablillos
- Commodity
- gold
- Region
- argentina
- Reported Region
- Argentina
- Ticker
- ABRA
Resource Data
- Category
- proven_probable
- Tonnes
- 77911000
- Grade
- 0.7
- Grade Unit
- g/t
- Contained Metal
- 1764000
- Contained Unit
- oz
- Cutoff Grade
- 38
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-06-22T00:00:00.000Z
Reasoning: The total Proven and Probable Mineral Reserve for gold provides a substantial contained gold estimate, significantly contributing to the project's overall value.
Positive factors
- Large total reserve
- Significant contained metal
- Increased reserves
Evidence · table
“0.70”
Context: 77,911
proven_probableDiablillos · silverTonnes: 77911000Grade: 146Grade Unit: g/tContained Metal: 365863000Contained Unit: ozView all detailsHide details
Identity
- Project
- Diablillos
- Commodity
- silver
- Region
- argentina
- Reported Region
- Argentina
- Ticker
- ABRA
Resource Data
- Category
- proven_probable
- Tonnes
- 77911000
- Grade
- 146
- Grade Unit
- g/t
- Contained Metal
- 365863000
- Contained Unit
- oz
- Cutoff Grade
- 38
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-06-22T00:00:00.000Z
Reasoning: The total Proven and Probable Mineral Reserve for silver equivalent represents a very large and increased resource base, with disclosed assumptions, highlighting the project's significant potential.
Positive factors
- Large total reserve
- Significant contained metal
- Increased reserves
- Metal equivalent disclosed
Evidence · table
“146”
Context: 77,911
Fact 10DiablillosGrade Unit: USDView all detailsHide details
Identity
- Project
- Diablillos
- Region
- argentina
- Reported Region
- Argentina
- Ticker
- ABRA
Resource Data
- Grade Unit
- USD
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-06-22T00:00:00.000Z
Reasoning: The after-tax NPV5% of $3.0 billion USD at base case prices indicates very strong project economics from the DFS.
Positive factors
- High NPV
- DFS level study
Evidence · table
“$3,003”
Context: $4,204
Fact 11DiablillosGrade Unit: CADView all detailsHide details
Identity
- Project
- Diablillos
- Region
- argentina
- Reported Region
- Argentina
- Ticker
- ABRA
Resource Data
- Grade Unit
- CAD
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-06-22T00:00:00.000Z
Reasoning: The after-tax NPV5% of CAD$4.2 billion at base case prices indicates very strong project economics from the DFS.
Positive factors
- High NPV
- DFS level study
Evidence · table
“$4,204”
Context: $3,003
Fact 12DiablillosGrade Unit: %View all detailsHide details
Identity
- Project
- Diablillos
- Region
- argentina
- Reported Region
- Argentina
- Ticker
- ABRA
Resource Data
- Grade Unit
- %
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-06-22T00:00:00.000Z
Reasoning: The after-tax IRR of 41.9% at base case prices demonstrates excellent project profitability.
Positive factors
- High IRR
- DFS level study
Evidence · table
“41.9%”
Context: After-Tax IRR (%)
Fact 13DiablillosGrade Unit: yearsView all detailsHide details
Identity
- Project
- Diablillos
- Region
- argentina
- Reported Region
- Argentina
- Ticker
- ABRA
Resource Data
- Grade Unit
- years
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-06-22T00:00:00.000Z
Reasoning: A payback period of 1.7 years indicates quick capital recovery, enhancing project attractiveness.
Positive factors
- Rapid payback
- DFS level study
Evidence · table
“1.7”
Context: Payback (years)
Fact 14DiablillosGrade Unit: USDView all detailsHide details
Identity
- Project
- Diablillos
- Region
- argentina
- Reported Region
- Argentina
- Ticker
- ABRA
Resource Data
- Grade Unit
- USD
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-06-22T00:00:00.000Z
Reasoning: The after-tax NPV5% of $4.8 billion USD at recent spot prices highlights significant upside potential.
Positive factors
- Exceptional NPV at spot prices
- DFS level study
Evidence · table
“$4,799”
Context: $6,719
Fact 15DiablillosGrade Unit: CADView all detailsHide details
Identity
- Project
- Diablillos
- Region
- argentina
- Reported Region
- Argentina
- Ticker
- ABRA
Resource Data
- Grade Unit
- CAD
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-06-22T00:00:00.000Z
Reasoning: The after-tax NPV5% of CAD$6.7 billion at recent spot prices highlights significant upside potential.
Positive factors
- Exceptional NPV at spot prices
- DFS level study
Evidence · table
“$6,719”
Context: $4,799
Fact 16DiablillosGrade Unit: %View all detailsHide details
Identity
- Project
- Diablillos
- Region
- argentina
- Reported Region
- Argentina
- Ticker
- ABRA
Resource Data
- Grade Unit
- %
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-06-22T00:00:00.000Z
Reasoning: The after-tax IRR of 56.5% at recent spot prices indicates outstanding project profitability under current market conditions.
Positive factors
- Exceptional IRR at spot prices
- DFS level study
Evidence · table
“56.5%”
Context: After-Tax IRR (%)
Fact 17DiablillosGrade Unit: yearsView all detailsHide details
Identity
- Project
- Diablillos
- Region
- argentina
- Reported Region
- Argentina
- Ticker
- ABRA
Resource Data
- Grade Unit
- years
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-06-22T00:00:00.000Z
Reasoning: A payback period of 1.4 years at recent spot prices indicates extremely fast capital recovery.
Positive factors
- Very rapid payback at spot prices
- DFS level study
Evidence · table
“1.4”
Context: Payback (years)
Fact 18DiablillosGrade Unit: xView all detailsHide details
Identity
- Project
- Diablillos
- Region
- argentina
- Reported Region
- Argentina
- Ticker
- ABRA
Resource Data
- Grade Unit
- x
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-06-22T00:00:00.000Z
Reasoning: The after-tax NPV5% to initial capex ratio of 4.2x demonstrates strong value generation potential relative to investment.
Positive factors
- Strong NPV to Capex ratio
- DFS level study
Evidence · table
“4.2”
Context: After-Tax NPV5% to Initial Capex Ratio (x)
Fact 19DiablillosGrade Unit: yearsView all detailsHide details
Identity
- Project
- Diablillos
- Region
- argentina
- Reported Region
- Argentina
- Ticker
- ABRA
Resource Data
- Grade Unit
- years
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-06-22T00:00:00.000Z
Reasoning: A 25-year mine life indicates a long-term, sustainable operation.
Positive factors
- Long mine life
Evidence · table
“25”
Context: Life of mine (LOM)
Fact 20DiablillosGrade Unit: tonnesView all detailsHide details
Identity
- Project
- Diablillos
- Region
- argentina
- Reported Region
- Argentina
- Ticker
- ABRA
Resource Data
- Grade Unit
- tonnes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-06-22T00:00:00.000Z
Reasoning: The total mineralized material mined of 77.9 M tonnes reflects the large scale of the project.
Positive factors
- Significant total material mined
Evidence · table
“77.9”
Context: Total mineralized material mined
Fact 21Diablillos · silverGrade Unit: M ozView all detailsHide details
Identity
- Project
- Diablillos
- Commodity
- silver
- Region
- argentina
- Reported Region
- Argentina
- Ticker
- ABRA
Resource Data
- Grade Unit
- M oz
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-06-22T00:00:00.000Z
Reasoning: Total recovered silver of 147.4 M oz indicates a very large silver production profile over the mine life.
Positive factors
- High total recovered silver
Evidence · table
“147.4”
Context: Total recovered silver
Fact 22Diablillos · goldGrade Unit: k ozView all detailsHide details
Identity
- Project
- Diablillos
- Commodity
- gold
- Region
- argentina
- Reported Region
- Argentina
- Ticker
- ABRA
Resource Data
- Grade Unit
- k oz
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-06-22T00:00:00.000Z
Reasoning: Total recovered gold of 1,539 k oz represents a significant gold byproduct, adding to project value.
Positive factors
- High total recovered gold
Evidence · table
“1,539”
Context: Total recovered gold
Fact 23DiablillosGrade Unit: waste:oreView all detailsHide details
Identity
- Project
- Diablillos
- Region
- argentina
- Reported Region
- Argentina
- Ticker
- ABRA
Resource Data
- Grade Unit
- waste:ore
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-06-22T00:00:00.000Z
Reasoning: A strip ratio of 5.9:1 is within reasonable bounds for an open pit operation.
Evidence · table
“5.9:1”
Context: Strip ratio (excludes pre-stripping)
Fact 24DiablillosGrade Unit: tpdView all detailsHide details
Identity
- Project
- Diablillos
- Region
- argentina
- Reported Region
- Argentina
- Ticker
- ABRA
Resource Data
- Grade Unit
- tpd
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-06-22T00:00:00.000Z
Reasoning: A throughput of 9,000 tpd indicates a substantial processing capacity for the project.
Positive factors
- High throughput capacity
Evidence · table
“9,000”
Context: Throughput
Fact 25Diablillos · silverGrade Unit: g/tView all detailsHide details
Identity
- Project
- Diablillos
- Commodity
- silver
- Region
- argentina
- Reported Region
- Argentina
- Ticker
- ABRA
Resource Data
- Grade Unit
- g/t
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-06-22T00:00:00.000Z
Reasoning: The high silver head grade of 177 g/t in the first 5 years supports strong early cash flow and rapid payback.
Positive factors
- High early head grade
- Maximizes early cash flow
Evidence · table
“177”
Context: Head grade – silver (first 5 years / LOM)
Fact 26Diablillos · silverGrade Unit: g/tView all detailsHide details
Identity
- Project
- Diablillos
- Commodity
- silver
- Region
- argentina
- Reported Region
- Argentina
- Ticker
- ABRA
Resource Data
- Grade Unit
- g/t
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-06-22T00:00:00.000Z
Reasoning: The life-of-mine silver head grade of 73 g/t provides a solid base for long-term production.
Positive factors
- Solid LOM head grade
Evidence · table
“73”
Context: Head grade – silver (first 5 years / LOM)
Fact 27Diablillos · goldGrade Unit: g/tView all detailsHide details
Identity
- Project
- Diablillos
- Commodity
- gold
- Region
- argentina
- Reported Region
- Argentina
- Ticker
- ABRA
Resource Data
- Grade Unit
- g/t
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-06-22T00:00:00.000Z
Reasoning: The gold head grade of 1.04 g/t in the first 5 years contributes significantly to early cash flow.
Positive factors
- High early head grade
- Maximizes early cash flow
Evidence · table
“1.04”
Context: Head grade – gold (first 5 years / LOM)
Fact 28Diablillos · goldGrade Unit: g/tView all detailsHide details
Identity
- Project
- Diablillos
- Commodity
- gold
- Region
- argentina
- Reported Region
- Argentina
- Ticker
- ABRA
Resource Data
- Grade Unit
- g/t
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-06-22T00:00:00.000Z
Reasoning: The life-of-mine gold head grade of 0.70 g/t provides a consistent gold contribution over the project's duration.
Positive factors
- Solid LOM head grade
Evidence · table
“0.70”
Context: Head grade – gold (first 5 years / LOM)
Fact 29Diablillos · silverGrade Unit: %View all detailsHide details
Identity
- Project
- Diablillos
- Commodity
- silver
- Region
- argentina
- Reported Region
- Argentina
- Ticker
- ABRA
Resource Data
- Grade Unit
- %
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-06-22T00:00:00.000Z
Reasoning: Silver recovery of 77.8% in the first 5 years is strong for a tank leach operation, contributing to high early production.
Positive factors
- Strong early recovery
Evidence · table
“77.8”
Context: Recoveries – silver (first 5 years / LOM)
Fact 30Diablillos · silverGrade Unit: %View all detailsHide details
Identity
- Project
- Diablillos
- Commodity
- silver
- Region
- argentina
- Reported Region
- Argentina
- Ticker
- ABRA
Resource Data
- Grade Unit
- %
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-06-22T00:00:00.000Z
Reasoning: Life-of-mine silver recovery of 80.3% is strong for a tank leach operation, maximizing metal extraction.
Positive factors
- Strong LOM recovery
Evidence · table
“80.3”
Context: Recoveries – silver (first 5 years / LOM)
Fact 31Diablillos · goldGrade Unit: %View all detailsHide details
Identity
- Project
- Diablillos
- Commodity
- gold
- Region
- argentina
- Reported Region
- Argentina
- Ticker
- ABRA
Resource Data
- Grade Unit
- %
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-06-22T00:00:00.000Z
Reasoning: Gold recovery of 86.1% in the first 5 years is strong for a tank leach operation, contributing to high early production.
Positive factors
- Strong early recovery
Evidence · table
“86.1”
Context: Recoveries – gold (first 5 years / LOM)
Fact 32Diablillos · goldGrade Unit: %View all detailsHide details
Identity
- Project
- Diablillos
- Commodity
- gold
- Region
- argentina
- Reported Region
- Argentina
- Ticker
- ABRA
Resource Data
- Grade Unit
- %
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-06-22T00:00:00.000Z
Reasoning: Life-of-mine gold recovery of 87.3% is strong for a tank leach operation, maximizing metal extraction.
Positive factors
- Strong LOM recovery
Evidence · table
“87.3”
Context: Recoveries – gold (first 5 years / LOM)
Fact 33Diablillos · silverGrade Unit: M ozView all detailsHide details
Identity
- Project
- Diablillos
- Commodity
- silver
- Region
- argentina
- Reported Region
- Argentina
- Ticker
- ABRA
Resource Data
- Grade Unit
- M oz
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-06-22T00:00:00.000Z
Reasoning: Average annual silver production of 13.9 M oz in the first 5 years is very high, driving strong early cash flow.
Positive factors
- High early production
- Maximizes early cash flow
Evidence · table
“13.9”
Context: Average Production – silver (first 5 years / LOM)
Fact 34Diablillos · silverGrade Unit: M ozView all detailsHide details
Identity
- Project
- Diablillos
- Commodity
- silver
- Region
- argentina
- Reported Region
- Argentina
- Ticker
- ABRA
Resource Data
- Grade Unit
- M oz
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-06-22T00:00:00.000Z
Reasoning: Average annual silver production of 5.9 M oz over the life of mine provides a consistent and significant production profile.
Positive factors
- Solid LOM production
Evidence · table
“5.9”
Context: Average Production – silver (first 5 years / LOM)
Fact 35Diablillos · goldGrade Unit: k ozView all detailsHide details
Identity
- Project
- Diablillos
- Commodity
- gold
- Region
- argentina
- Reported Region
- Argentina
- Ticker
- ABRA
Resource Data
- Grade Unit
- k oz
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-06-22T00:00:00.000Z
Reasoning: Average annual gold production of 89 k oz in the first 5 years significantly contributes to early cash flow.
Positive factors
- High early production
- Maximizes early cash flow
Evidence · table
“89”
Context: Average Production – gold (first 5 years / LOM)
Fact 36Diablillos · goldGrade Unit: k ozView all detailsHide details
Identity
- Project
- Diablillos
- Commodity
- gold
- Region
- argentina
- Reported Region
- Argentina
- Ticker
- ABRA
Resource Data
- Grade Unit
- k oz
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-06-22T00:00:00.000Z
Reasoning: Average annual gold production of 64 k oz over the life of mine provides a consistent gold contribution.
Positive factors
- Solid LOM production
Evidence · table
“64”
Context: Average Production – gold (first 5 years / LOM)
Fact 37Diablillos · silverGrade Unit: $/oz AgEqView all detailsHide details
Identity
- Project
- Diablillos
- Commodity
- silver
- Region
- argentina
- Reported Region
- Argentina
- Ticker
- ABRA
Resource Data
- Grade Unit
- $/oz AgEq
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-06-22T00:00:00.000Z
Reasoning: The very low All-in Sustaining Cash Costs of $19.69/oz AgEq in the first 5 years position Diablillos as a highly competitive, low-cost producer.
Positive factors
- Very low AISC
- Positions project as low-cost producer
Evidence · table
“19.69”
Context: AISC (LOM) – silver equivalent (first 5 years / LOM)
Fact 38Diablillos · silverGrade Unit: $/oz AgEqView all detailsHide details
Identity
- Project
- Diablillos
- Commodity
- silver
- Region
- argentina
- Reported Region
- Argentina
- Ticker
- ABRA
Resource Data
- Grade Unit
- $/oz AgEq
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-06-22T00:00:00.000Z
Reasoning: The very low All-in Sustaining Cash Costs of $19.98/oz AgEq over the life of mine position Diablillos as a highly competitive, low-cost producer.
Positive factors
- Very low AISC
- Positions project as low-cost producer
Evidence · table
“19.98”
Context: AISC (LOM) – silver equivalent (first 5 years / LOM)
Fact 39DiablillosGrade Unit: USDView all detailsHide details
Identity
- Project
- Diablillos
- Region
- argentina
- Reported Region
- Argentina
- Ticker
- ABRA
Resource Data
- Grade Unit
- USD
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-06-22T00:00:00.000Z
Reasoning: Initial capital costs of $721.5 million are a key input for project financing and reflect a DFS-level estimate.
Positive factors
- DFS level estimate
Evidence · table
“721.5”
Context: Initial Capital Costs (from FID to Initial Production)
Fact 40DiablillosGrade Unit: USDView all detailsHide details
Identity
- Project
- Diablillos
- Region
- argentina
- Reported Region
- Argentina
- Ticker
- ABRA
Resource Data
- Grade Unit
- USD
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-06-22T00:00:00.000Z
Reasoning: Life-of-mine sustaining capital costs of $519.8 million are a significant component of the project's overall financial profile.
Positive factors
- DFS level estimate
Evidence · table
“519.8”
Context: LOM Sustaining Capital (to be funded from Cash Flows)
Fact 41DiablillosGrade Unit: USDView all detailsHide details
Identity
- Project
- Diablillos
- Region
- argentina
- Reported Region
- Argentina
- Ticker
- ABRA
Resource Data
- Grade Unit
- USD
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-06-22T00:00:00.000Z
Reasoning: Total capital costs of $1,241.3 million provide a comprehensive view of the project's investment requirements.
Positive factors
- Comprehensive capital estimate
Evidence · table
“1,241.3”
Context: Total Capital Costs
Fact 42DiablillosGrade Unit: $/tonne milledView all detailsHide details
Identity
- Project
- Diablillos
- Region
- argentina
- Reported Region
- Argentina
- Ticker
- ABRA
Resource Data
- Grade Unit
- $/tonne milled
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-06-22T00:00:00.000Z
Reasoning: The total operating cost of $52.41 per tonne milled over the life of mine indicates competitive operating efficiency.
Positive factors
- Competitive operating costs
Evidence · table
“52.41”
Context: Total Operating Cost
Fact 43DiablillosGrade Unit: USDView all detailsHide details
Identity
- Project
- Diablillos
- Region
- argentina
- Reported Region
- Argentina
- Ticker
- ABRA
Resource Data
- Grade Unit
- USD
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-06-22T00:00:00.000Z
Reasoning: Closure costs of $74.1 million are a standard component of project economics.
Evidence · table
“74.1”
Context: Closure Costs
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.