# AbraSilver's Definitive Feasibility Study Positions Diablillos Among the Premier Undeveloped Silver-Gold Projects Globally with CAD$4.2B After-Tax NPV5% & 42% IRR Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/abrasilver-s-definitive-feasibility-study-positions-diablillos-among-the-premier--f9c8246e-0c7c-49e5-88ab-a81d54ae0038 Original source: https://money.tmx.com/en/quote/ABRA/news/5716627007352047/abrasilver-s-definitive-feasibility-study-positions-diablillos-among-the-premier Publisher: tmx Original announcement: 2026-06-22T21:15:00.000Z Analysis by Minestarters Atlas Atlas analysis published: Unknown date Atlas analysis updated: Unknown date - 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 Narrative sentiment: 0.90 · Bullish ## Minestarters Atlas 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 factor: High NPV - Positive factor: High IRR - Positive factor: Low AISC - Positive factor: Increased Proven and Probable Reserves - Positive factor: Long LOM - Positive factor: Strong production profile - Positive factor: QP/CP Signed - Positive factor: NI 43-101 Compliant - Positive factor: Category Upgrade - Positive factor: Tonnage Growth - Positive factor: Contained Metal Growth - Positive factor: Cut-off Disclosed Low confidence — this extraction should be reviewed alongside the original source. Facts used in scoring: 43 ## Classification and evidence **DFS-Supporting** Polarity: neutral Definition: 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 Signed** Polarity: positive Definition: 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 Compliant** Polarity: positive Definition: 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 Reserve** Polarity: positive Definition: 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 Reserve** Polarity: positive Definition: 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 Growth** Polarity: positive Definition: 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 Growth** Polarity: positive Definition: 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 Disclosed** Polarity: positive Definition: 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 Update** Polarity: neutral Definition: 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) ### proven [Link to this fact](https://atlas-staging.minestarters.com/news/abrasilver-s-definitive-feasibility-study-positions-diablillos-among-the-premier--f9c8246e-0c7c-49e5-88ab-a81d54ae0038#fact-resource-facts-0) Diablillos · silver #### 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 factor: High confidence category - Positive factor: Significant contained metal Evidence · table > 104 Context: 36,547 ### proven [Link to this fact](https://atlas-staging.minestarters.com/news/abrasilver-s-definitive-feasibility-study-positions-diablillos-among-the-premier--f9c8246e-0c7c-49e5-88ab-a81d54ae0038#fact-resource-facts-1) Diablillos · gold #### 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 factor: High confidence category - Positive factor: Significant contained metal Evidence · table > 0.71 Context: 36,547 ### proven [Link to this fact](https://atlas-staging.minestarters.com/news/abrasilver-s-definitive-feasibility-study-positions-diablillos-among-the-premier--f9c8246e-0c7c-49e5-88ab-a81d54ae0038#fact-resource-facts-2) Diablillos · silver #### 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 factor: High confidence category - Positive factor: Significant contained metal - Positive factor: Metal equivalent disclosed Evidence · table > 178 Context: 36,547 ### probable [Link to this fact](https://atlas-staging.minestarters.com/news/abrasilver-s-definitive-feasibility-study-positions-diablillos-among-the-premier--f9c8246e-0c7c-49e5-88ab-a81d54ae0038#fact-resource-facts-3) Diablillos · silver #### 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 factor: Good confidence category - Positive factor: Significant contained metal Evidence · table > 46 Context: 41,364 ### probable [Link to this fact](https://atlas-staging.minestarters.com/news/abrasilver-s-definitive-feasibility-study-positions-diablillos-among-the-premier--f9c8246e-0c7c-49e5-88ab-a81d54ae0038#fact-resource-facts-4) Diablillos · gold #### 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 factor: Good confidence category - Positive factor: Significant contained metal Evidence · table > 0.70 Context: 41,364 ### probable [Link to this fact](https://atlas-staging.minestarters.com/news/abrasilver-s-definitive-feasibility-study-positions-diablillos-among-the-premier--f9c8246e-0c7c-49e5-88ab-a81d54ae0038#fact-resource-facts-5) Diablillos · silver #### 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 factor: Good confidence category - Positive factor: Significant contained metal - Positive factor: Metal equivalent disclosed Evidence · table > 118 Context: 41,364 ### proven\_probable [Link to this fact](https://atlas-staging.minestarters.com/news/abrasilver-s-definitive-feasibility-study-positions-diablillos-among-the-premier--f9c8246e-0c7c-49e5-88ab-a81d54ae0038#fact-resource-facts-6) Diablillos · silver #### 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 factor: Large total reserve - Positive factor: Significant contained metal - Positive factor: Increased reserves Evidence · table > 73 Context: 77,911 ### proven\_probable [Link to this fact](https://atlas-staging.minestarters.com/news/abrasilver-s-definitive-feasibility-study-positions-diablillos-among-the-premier--f9c8246e-0c7c-49e5-88ab-a81d54ae0038#fact-resource-facts-7) Diablillos · gold #### 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 factor: Large total reserve - Positive factor: Significant contained metal - Positive factor: Increased reserves Evidence · table > 0.70 Context: 77,911 ### proven\_probable [Link to this fact](https://atlas-staging.minestarters.com/news/abrasilver-s-definitive-feasibility-study-positions-diablillos-among-the-premier--f9c8246e-0c7c-49e5-88ab-a81d54ae0038#fact-resource-facts-8) Diablillos · silver #### 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 factor: Large total reserve - Positive factor: Significant contained metal - Positive factor: Increased reserves - Positive factor: Metal equivalent disclosed Evidence · table > 146 Context: 77,911 ### Fact 10 [Link to this fact](https://atlas-staging.minestarters.com/news/abrasilver-s-definitive-feasibility-study-positions-diablillos-among-the-premier--f9c8246e-0c7c-49e5-88ab-a81d54ae0038#fact-resource-facts-9) Diablillos #### 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 factor: High NPV - Positive factor: DFS level study Evidence · table > $3,003 Context: $4,204 ### Fact 11 [Link to this fact](https://atlas-staging.minestarters.com/news/abrasilver-s-definitive-feasibility-study-positions-diablillos-among-the-premier--f9c8246e-0c7c-49e5-88ab-a81d54ae0038#fact-resource-facts-10) Diablillos #### 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 factor: High NPV - Positive factor: DFS level study Evidence · table > $4,204 Context: $3,003 ### Fact 12 [Link to this fact](https://atlas-staging.minestarters.com/news/abrasilver-s-definitive-feasibility-study-positions-diablillos-among-the-premier--f9c8246e-0c7c-49e5-88ab-a81d54ae0038#fact-resource-facts-11) Diablillos #### 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 factor: High IRR - Positive factor: DFS level study Evidence · table > 41.9% Context: After-Tax IRR \(%\) ### Fact 13 [Link to this fact](https://atlas-staging.minestarters.com/news/abrasilver-s-definitive-feasibility-study-positions-diablillos-among-the-premier--f9c8246e-0c7c-49e5-88ab-a81d54ae0038#fact-resource-facts-12) Diablillos #### 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 factor: Rapid payback - Positive factor: DFS level study Evidence · table > 1.7 Context: Payback \(years\) ### Fact 14 [Link to this fact](https://atlas-staging.minestarters.com/news/abrasilver-s-definitive-feasibility-study-positions-diablillos-among-the-premier--f9c8246e-0c7c-49e5-88ab-a81d54ae0038#fact-resource-facts-13) Diablillos #### 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 factor: Exceptional NPV at spot prices - Positive factor: DFS level study Evidence · table > $4,799 Context: $6,719 ### Fact 15 [Link to this fact](https://atlas-staging.minestarters.com/news/abrasilver-s-definitive-feasibility-study-positions-diablillos-among-the-premier--f9c8246e-0c7c-49e5-88ab-a81d54ae0038#fact-resource-facts-14) Diablillos #### 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 factor: Exceptional NPV at spot prices - Positive factor: DFS level study Evidence · table > $6,719 Context: $4,799 ### Fact 16 [Link to this fact](https://atlas-staging.minestarters.com/news/abrasilver-s-definitive-feasibility-study-positions-diablillos-among-the-premier--f9c8246e-0c7c-49e5-88ab-a81d54ae0038#fact-resource-facts-15) Diablillos #### 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 factor: Exceptional IRR at spot prices - Positive factor: DFS level study Evidence · table > 56.5% Context: After-Tax IRR \(%\) ### Fact 17 [Link to this fact](https://atlas-staging.minestarters.com/news/abrasilver-s-definitive-feasibility-study-positions-diablillos-among-the-premier--f9c8246e-0c7c-49e5-88ab-a81d54ae0038#fact-resource-facts-16) Diablillos #### 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 factor: Very rapid payback at spot prices - Positive factor: DFS level study Evidence · table > 1.4 Context: Payback \(years\) ### Fact 18 [Link to this fact](https://atlas-staging.minestarters.com/news/abrasilver-s-definitive-feasibility-study-positions-diablillos-among-the-premier--f9c8246e-0c7c-49e5-88ab-a81d54ae0038#fact-resource-facts-17) Diablillos #### 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 factor: Strong NPV to Capex ratio - Positive factor: DFS level study Evidence · table > 4.2 Context: After-Tax NPV5% to Initial Capex Ratio \(x\) ### Fact 19 [Link to this fact](https://atlas-staging.minestarters.com/news/abrasilver-s-definitive-feasibility-study-positions-diablillos-among-the-premier--f9c8246e-0c7c-49e5-88ab-a81d54ae0038#fact-resource-facts-18) Diablillos #### 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 factor: Long mine life Evidence · table > 25 Context: Life of mine \(LOM\) ### Fact 20 [Link to this fact](https://atlas-staging.minestarters.com/news/abrasilver-s-definitive-feasibility-study-positions-diablillos-among-the-premier--f9c8246e-0c7c-49e5-88ab-a81d54ae0038#fact-resource-facts-19) Diablillos #### 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 factor: Significant total material mined Evidence · table > 77.9 Context: Total mineralized material mined ### Fact 21 [Link to this fact](https://atlas-staging.minestarters.com/news/abrasilver-s-definitive-feasibility-study-positions-diablillos-among-the-premier--f9c8246e-0c7c-49e5-88ab-a81d54ae0038#fact-resource-facts-20) Diablillos · silver #### 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 factor: High total recovered silver Evidence · table > 147.4 Context: Total recovered silver ### Fact 22 [Link to this fact](https://atlas-staging.minestarters.com/news/abrasilver-s-definitive-feasibility-study-positions-diablillos-among-the-premier--f9c8246e-0c7c-49e5-88ab-a81d54ae0038#fact-resource-facts-21) Diablillos · gold #### 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 factor: High total recovered gold Evidence · table > 1,539 Context: Total recovered gold ### Fact 23 [Link to this fact](https://atlas-staging.minestarters.com/news/abrasilver-s-definitive-feasibility-study-positions-diablillos-among-the-premier--f9c8246e-0c7c-49e5-88ab-a81d54ae0038#fact-resource-facts-22) Diablillos #### 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 24 [Link to this fact](https://atlas-staging.minestarters.com/news/abrasilver-s-definitive-feasibility-study-positions-diablillos-among-the-premier--f9c8246e-0c7c-49e5-88ab-a81d54ae0038#fact-resource-facts-23) Diablillos #### 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 factor: High throughput capacity Evidence · table > 9,000 Context: Throughput ### Fact 25 [Link to this fact](https://atlas-staging.minestarters.com/news/abrasilver-s-definitive-feasibility-study-positions-diablillos-among-the-premier--f9c8246e-0c7c-49e5-88ab-a81d54ae0038#fact-resource-facts-24) Diablillos · silver #### 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 factor: High early head grade - Positive factor: Maximizes early cash flow Evidence · table > 177 Context: Head grade – silver \(first 5 years / LOM\) ### Fact 26 [Link to this fact](https://atlas-staging.minestarters.com/news/abrasilver-s-definitive-feasibility-study-positions-diablillos-among-the-premier--f9c8246e-0c7c-49e5-88ab-a81d54ae0038#fact-resource-facts-25) Diablillos · silver #### 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 factor: Solid LOM head grade Evidence · table > 73 Context: Head grade – silver \(first 5 years / LOM\) ### Fact 27 [Link to this fact](https://atlas-staging.minestarters.com/news/abrasilver-s-definitive-feasibility-study-positions-diablillos-among-the-premier--f9c8246e-0c7c-49e5-88ab-a81d54ae0038#fact-resource-facts-26) Diablillos · gold #### 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 factor: High early head grade - Positive factor: Maximizes early cash flow Evidence · table > 1.04 Context: Head grade – gold \(first 5 years / LOM\) ### Fact 28 [Link to this fact](https://atlas-staging.minestarters.com/news/abrasilver-s-definitive-feasibility-study-positions-diablillos-among-the-premier--f9c8246e-0c7c-49e5-88ab-a81d54ae0038#fact-resource-facts-27) Diablillos · gold #### 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 factor: Solid LOM head grade Evidence · table > 0.70 Context: Head grade – gold \(first 5 years / LOM\) ### Fact 29 [Link to this fact](https://atlas-staging.minestarters.com/news/abrasilver-s-definitive-feasibility-study-positions-diablillos-among-the-premier--f9c8246e-0c7c-49e5-88ab-a81d54ae0038#fact-resource-facts-28) Diablillos · silver #### 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 factor: Strong early recovery Evidence · table > 77.8 Context: Recoveries – silver \(first 5 years / LOM\) ### Fact 30 [Link to this fact](https://atlas-staging.minestarters.com/news/abrasilver-s-definitive-feasibility-study-positions-diablillos-among-the-premier--f9c8246e-0c7c-49e5-88ab-a81d54ae0038#fact-resource-facts-29) Diablillos · silver #### 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 factor: Strong LOM recovery Evidence · table > 80.3 Context: Recoveries – silver \(first 5 years / LOM\) ### Fact 31 [Link to this fact](https://atlas-staging.minestarters.com/news/abrasilver-s-definitive-feasibility-study-positions-diablillos-among-the-premier--f9c8246e-0c7c-49e5-88ab-a81d54ae0038#fact-resource-facts-30) Diablillos · gold #### 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 factor: Strong early recovery Evidence · table > 86.1 Context: Recoveries – gold \(first 5 years / LOM\) ### Fact 32 [Link to this fact](https://atlas-staging.minestarters.com/news/abrasilver-s-definitive-feasibility-study-positions-diablillos-among-the-premier--f9c8246e-0c7c-49e5-88ab-a81d54ae0038#fact-resource-facts-31) Diablillos · gold #### 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 factor: Strong LOM recovery Evidence · table > 87.3 Context: Recoveries – gold \(first 5 years / LOM\) ### Fact 33 [Link to this fact](https://atlas-staging.minestarters.com/news/abrasilver-s-definitive-feasibility-study-positions-diablillos-among-the-premier--f9c8246e-0c7c-49e5-88ab-a81d54ae0038#fact-resource-facts-32) Diablillos · silver #### 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 factor: High early production - Positive factor: Maximizes early cash flow Evidence · table > 13.9 Context: Average Production – silver \(first 5 years / LOM\) ### Fact 34 [Link to this fact](https://atlas-staging.minestarters.com/news/abrasilver-s-definitive-feasibility-study-positions-diablillos-among-the-premier--f9c8246e-0c7c-49e5-88ab-a81d54ae0038#fact-resource-facts-33) Diablillos · silver #### 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 factor: Solid LOM production Evidence · table > 5.9 Context: Average Production – silver \(first 5 years / LOM\) ### Fact 35 [Link to this fact](https://atlas-staging.minestarters.com/news/abrasilver-s-definitive-feasibility-study-positions-diablillos-among-the-premier--f9c8246e-0c7c-49e5-88ab-a81d54ae0038#fact-resource-facts-34) Diablillos · gold #### 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 factor: High early production - Positive factor: Maximizes early cash flow Evidence · table > 89 Context: Average Production – gold \(first 5 years / LOM\) ### Fact 36 [Link to this fact](https://atlas-staging.minestarters.com/news/abrasilver-s-definitive-feasibility-study-positions-diablillos-among-the-premier--f9c8246e-0c7c-49e5-88ab-a81d54ae0038#fact-resource-facts-35) Diablillos · gold #### 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 factor: Solid LOM production Evidence · table > 64 Context: Average Production – gold \(first 5 years / LOM\) ### Fact 37 [Link to this fact](https://atlas-staging.minestarters.com/news/abrasilver-s-definitive-feasibility-study-positions-diablillos-among-the-premier--f9c8246e-0c7c-49e5-88ab-a81d54ae0038#fact-resource-facts-36) Diablillos · silver #### 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 factor: Very low AISC - Positive factor: Positions project as low-cost producer Evidence · table > 19.69 Context: AISC \(LOM\) – silver equivalent \(first 5 years / LOM\) ### Fact 38 [Link to this fact](https://atlas-staging.minestarters.com/news/abrasilver-s-definitive-feasibility-study-positions-diablillos-among-the-premier--f9c8246e-0c7c-49e5-88ab-a81d54ae0038#fact-resource-facts-37) Diablillos · silver #### 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 factor: Very low AISC - Positive factor: Positions project as low-cost producer Evidence · table > 19.98 Context: AISC \(LOM\) – silver equivalent \(first 5 years / LOM\) ### Fact 39 [Link to this fact](https://atlas-staging.minestarters.com/news/abrasilver-s-definitive-feasibility-study-positions-diablillos-among-the-premier--f9c8246e-0c7c-49e5-88ab-a81d54ae0038#fact-resource-facts-38) Diablillos #### 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 factor: DFS level estimate Evidence · table > 721.5 Context: Initial Capital Costs \(from FID to Initial Production\) ### Fact 40 [Link to this fact](https://atlas-staging.minestarters.com/news/abrasilver-s-definitive-feasibility-study-positions-diablillos-among-the-premier--f9c8246e-0c7c-49e5-88ab-a81d54ae0038#fact-resource-facts-39) Diablillos #### 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 factor: DFS level estimate Evidence · table > 519.8 Context: LOM Sustaining Capital \(to be funded from Cash Flows\) ### Fact 41 [Link to this fact](https://atlas-staging.minestarters.com/news/abrasilver-s-definitive-feasibility-study-positions-diablillos-among-the-premier--f9c8246e-0c7c-49e5-88ab-a81d54ae0038#fact-resource-facts-40) Diablillos #### 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 factor: Comprehensive capital estimate Evidence · table > 1,241.3 Context: Total Capital Costs ### Fact 42 [Link to this fact](https://atlas-staging.minestarters.com/news/abrasilver-s-definitive-feasibility-study-positions-diablillos-among-the-premier--f9c8246e-0c7c-49e5-88ab-a81d54ae0038#fact-resource-facts-41) Diablillos #### 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 factor: Competitive operating costs Evidence · table > 52.41 Context: Total Operating Cost ### Fact 43 [Link to this fact](https://atlas-staging.minestarters.com/news/abrasilver-s-definitive-feasibility-study-positions-diablillos-among-the-premier--f9c8246e-0c7c-49e5-88ab-a81d54ae0038#fact-resource-facts-42) Diablillos #### 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.