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AbraPlata Resources Update on Diablillos Project in Argentina

Mining News - Published on Wed, 26 Feb 2020

Image Source: AbraPlata Resource
AbraPlata Resource Corp announced significant high-grade assay results from the third diamond drill hole, DDH 20-001, completed at the Oculto deposit, located on its wholly-owned Diablillos project in Salta province, Argentina. In addition to intercepting high-grade gold and silver mineralisation, DDH 20-001 intercepted high-grade copper mineralisation in the vertical continuation of a hydrothermal breccia beneath the current gold and silver resources at Oculto. John Miniotis, President and CEO of AbraPlata, commented, "Drilling results at Oculto continue to exceed expectations and further demonstrate the continuity of high-grade mineralisation within and outside the current mineral resource. Most importantly, results continue to validate our geological interpretation and have increased our confidence in multiple high potential targets, which we expect to drill-test over the coming months.”

Hole DDH 20-001 was drilled to a depth of 359 metres to test for the vertical continuation of the Main Breccia below the existing mineral resources (Figures 1 and 2). DDH 20-001 intersected 14 metres grading 6.40 g/t gold with 197 g/t silver from 261 metres, which is interpreted to be part of the high-grade gold zone at the unconfirmity contact between the volcanics and basement. Immediately underneath this gold-rich interval, drilling intersected 15 metres of sulphide mineralisation grading 5.10% copper, 2.35 g/t gold and 658 g/t silver including 4 metres grading 10.28% copper, 6.44 g/t gold and 1,476 g/t silver

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Posted By : Nishith Sharma on Wed, 26 Feb 2020
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