(TheNewswire)
Toronto – TheNewswire - June08, 2022: AbraSilver Resource Corp. (TSXV:ABRA ) ; ( OTC:ABBRF) ("AbraSilver" or the“Company”) is pleased to announce ithas completed a comprehensive Environmental Baseline Study (the“Study”) at its Diablillos Project in Salta, Argentina. Completion of the Study is an important milestone towards theongoing advancement of Diablillos as a sustainable mining project.
The Study was completed on behalf of the Company by EC& Asociados, a certified environmental consultancy company basedin Salta. EC & Asociados have extensiveexperience consulting for the mining industry in Argentina withclients including: Livent, Posco Argentina, and Rincon Ltd. amongothers.
The purpose of the Study is to gather and analyzerelevant environmental baseline parameters for the area of a potentialfuture mine before any major project activities are undertaken. Thiswill help to identify and mitigate potential environmental and socialimpacts that may arise with the future development of the project. Thestudy covered a number of important areas such as hydrology, flora,fauna and limnology. All information gathered in the Study will beused to develop an Environmental Impact Assessment (“EIA”), whichis currently in progress and is an essential part of the finalapproval process required for the ultimate construction of theproject.
AbraSilver President and CEO, John Miniotis, commented“We are very pleased with the work done by our team in completingthe comprehensive Environmental Baseline Study at Diablillos. Welook forward to ongoing collaboration with all stakeholders as weadvance the Diablillos project towards a future constructiondecision.”
About AbraSilver
AbraSilver is a well-funded silver-gold focusedadvanced-stage exploration company. The Company is rapidly advancingits 100%-owned Diablillos silver-gold project in the mining-friendlySalta province of Argentina, which has a current Measured andIndicated Mineral Resource of over 90 million ounces of silver and 1.0million ounces of gold. The updated PEA study completed in November2021 demonstrates that Diablillos has the potential to be a highlyeconomic project. The Company is led by an experienced management teamand has long-term supportive shareholders including Mr. Eric Sprott. In addition, AbraSilver owns a portfolio of earlier-stagecopper-gold projects including the La Coipita copper-gold project inthe San Juan province of Argentina. AbraSilver is listed on the TSX-Vunder the symbol “ABRA” and in the U.S. 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 will proveto 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.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.
The Diablillos resource estimate and supportingtechnical report are N.I. 43-101 compliant. Full details of theMineral Resources are available in a Company news release datedSeptember 15, 2021. For additional information please see theTechnical Report on the Diablillos Project, Salta Province, Argentina,dated October 28, 2021, completed by Mining Plus, and available onwww.SEDAR.com.
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) 2022 TheNewswire - All rights reserved.