(TheNewswire)
Toronto – TheNewswire – April 30, 2024: AbraSilver Resource Corp.(TSX.V:ABRA; OTCQX: ABBRF) ("AbraSilver" or the“Company”) is pleased to announcethat it has filed on SEDAR+ a National Instrument 43-101 – Standardsof Disclosure for Mineral Projects ("NI 43-101") compliant,independent technical report (the "Report") on itswholly-owned Diablillos project in Salta province, Argentina (the“Project”).
The Report titled "NI 43-101 Technical Report,Pre-Feasibility Study for the Diablillos Ag-Au Project" is datedApril 30, 2024, has an effective date of March 07, 2024, and supportsthe disclosure made by AbraSilver in its March 25, 2024, press releasetitled " AbraSilver Announces RobustDiablillos PFS With US$494M After-Tax NPV and 26% IRR”. There areno material differences in the Report from the results disclosed inthe Company's March 25, 2024 press release. The Report can be foundunder the Company’s profile on SEDAR+ (www.sedarplus.ca) and on theCompany’s website (www.abrasilver.com).
Qualified Persons
David O’Connor P.Geo., Chief Geologist forAbraSilver, is the Qualified Person as defined by NI 43-101 and hehas reviewed and approved the scientific and technical information inthis news release.
About AbraSilver
AbraSilver is an advanced-stage exploration companyfocused on rapidly advancing its 100%-owned Diablillos silver-goldproject in the mining-friendly Salta province of Argentina. Thecurrent Proven and Probable Mineral Reserve estimate for Diablillosconsists of 42.3 Mt grading 91 g/t Ag and 0.81 g/t Au, containingapproximately 124 Moz silver and 1.1 Moz gold, with significantfurther exploration upside potential. In addition, the Company hasentered into an earn-in option and joint venture agreement with Teckon the La Coipita project, whereby Teck can fund up to US$20 millionin exploration expenditures and make certain other payments to earn upto an 80% interest. AbraSilver is listed on the TSX-V under the symbol“ABRA” and in the U.S. on the OTCQX under the symbol“ABBRF.”
For further information please visit the AbraSilverResource website at www.abrasilver.com , ourLinkedIn page at , and follow us on Twitter at
Alternatively please contact:
John Miniotis, President and CEO
Tel: +1 416-306-8334
Cautionary Statements
This news release includes certain"forward-looking statements" under applicable Canadiansecurities legislation. Forward-looking statements are necessarilybased upon a number of estimates and assumptions that, whileconsidered reasonable, are subject to known and unknown risks,uncertainties, and other factors which may cause the actual resultsand future events to differ materially from those expressed or impliedby such forward-looking statements. All statements that address futureplans, activities, events or developments that the Company believes,expects or anticipates will or may occur are forward-lookinginformation. There can be no assurance that such statements willprove to be accurate, as actual results and future events could differmaterially from those anticipated in such statements. Accordingly,readers should not place undue reliance on forward-looking statements.When considering this forward-looking information, readers should keepin mind the risk factors and other cautionary statements in theCompany’s disclosure documents filed with the applicable Canadiansecurities regulatory authorities on SEDAR+ at www.sedarplus.ca. Therisk factors and other factors noted in the disclosure documents couldcause actual events or results to differ materially from thosedescribed in any forward-looking information.The Company disclaims any intention or obligation to update or reviseany forward-looking statements, whether as a result of newinformation, future events or otherwise, except as required bylaw.
Neither the TSX Venture Exchange norits Regulation Services Provider (as that term is defined in thepolicies of the TSX Venture Exchange) accepts responsibility for theadequacy or accuracy of this news release.
Copyright (c) 2024 TheNewswire - All rights reserved.