Diablillos drilling reveals encouraging near-surface mineralization

Original announcement by miningcom on

Company
AbraSilver Resource
Ticker
ABRA
Exchange
Unavailable
Region
Argentina
Primary commodity
Silver
Secondary commodities
Gold
Document categories
Drill results, Other
Extracted
2026-09-02 21:23:55 UTC

Analysis by Minestarters Atlas

Minestarters Atlas analysis

Summary

AbraSilver reported encouraging near-surface drilling results at the Diablillos project in Argentina, specifically at the Cerro Viejo target. Intercepts from holes DDH 26-037 and DDH 26-047 showed continuous silver and gold mineralization starting near the surface.

Reasoning: New drilling at the Cerro Viejo target shows encouraging shallow silver and gold intercepts, supporting potential resource expansion beyond the DFS.

Positive factors

  • near-surface mineralization
  • continuity of shallow gold
  • supports resource growth

Facts used in scoring: 4

Classification and evidence

Step-Out Extensionpositive

Mineralization extended beyond the previously known limit.

Why it applies: Drilling at the Cerro Viejo target supports potential resource growth beyond the DFS.

Evidence · text

“supports potential resource growth beyond its definitive feasibility study (DFS)”

Extracted facts

Stored fact records: 4. Some facts used in scoring do not have a stored record.

Drill Results (4)

DDH 26-037Diablillos · silverGrade: 4.6Grade Unit: g/tIntercept: 27 mView all details
Link to this fact

Identity

Hole ID
DDH 26-037
Project
Diablillos
Commodity
silver
Region
argentina
Reported Region
Argentina
Ticker
ABRA

Geometry

Grade
4.6
Grade Unit
g/t
Intercept
27 m
From
23 m

Classification

Program
exploration
Sample Type
drill
Group ID
DDH 26-037:23.0-50.0

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-02T00:00:00.000Z

Reasoning: Encouraging silver grade at shallow depth.

Positive factors

  • near-surface

Evidence · text

“hole DDH 26-037, which cut 27 metres grading 4.6 grams of silver per tonne”
DDH 26-037Diablillos · goldGrade: 0.58Grade Unit: g/tIntercept: 27 mView all details
Link to this fact

Identity

Hole ID
DDH 26-037
Project
Diablillos
Commodity
gold
Region
argentina
Reported Region
Argentina
Ticker
ABRA

Geometry

Grade
0.58
Grade Unit
g/t
Intercept
27 m
From
23 m

Classification

Program
exploration
Sample Type
drill
Group ID
DDH 26-037:23.0-50.0

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-02T00:00:00.000Z

Reasoning: Gold mineralization accompanying silver at shallow depth.

Positive factors

  • near-surface

Evidence · text

“4.6 grams of silver per tonne and 0.58 grams of gold from only a 23-metre depth”
DDH 26-047Diablillos · silverGrade: 2.8Grade Unit: g/tIntercept: 32 mView all details
Link to this fact

Identity

Hole ID
DDH 26-047
Project
Diablillos
Commodity
silver
Region
argentina
Reported Region
Argentina
Ticker
ABRA

Geometry

Grade
2.8
Grade Unit
g/t
Intercept
32 m
From
9 m

Classification

Program
exploration
Sample Type
drill
Group ID
DDH 26-047:9.0-41.0

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-02T00:00:00.000Z

Reasoning: Significant width at very shallow depth.

Positive factors

  • very shallow

Evidence · text

“hole DDH 26-047 returned 32.0 metres grading 2.8 grams of silver per tonne”
DDH 26-047Diablillos · goldGrade: 0.29Grade Unit: g/tIntercept: 32 mView all details
Link to this fact

Identity

Hole ID
DDH 26-047
Project
Diablillos
Commodity
gold
Region
argentina
Reported Region
Argentina
Ticker
ABRA

Geometry

Grade
0.29
Grade Unit
g/t
Intercept
32 m
From
9 m

Classification

Program
exploration
Sample Type
drill
Group ID
DDH 26-047:9.0-41.0

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-02T00:00:00.000Z

Reasoning: Gold mineralization at very shallow depth.

Positive factors

  • very shallow

Evidence · text

“2.8 grams of silver per tonne and 0.29 grams of gold from a depth of just 9 metres”

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.