Tag: #AbraPlata

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Junior Mining

Abraplata Commences Drilling at Diablillos Silver-Gold Project


Press Release

ABRAPLATA RESOURCE CORP.

(TSX.V: ABRA | OTC: ABBRF)

Rob Bruggeman, Interim CEO of the Company, stated “This is an exciting time for AbraPlata because this is the first time the Oculto deposit on the Diablillos property has been drilled since 2012.  Oculto is already a very significant silver-gold resource, with more than US$35 million spent to date on exploration.  However, because Oculto was historically evaluated as an open pit deposit, limited drilling has been done at depth.  If drilling indicates the presence of additional high grade gold mineralization at depth, this further strengthens the potential that Oculto might be better suited to underground mining methods targeting high grade zones, which may require substantially less initial capex than an open pit mine.”

CONTACT US

AbraPlata Resource Corp.
Rob Bruggeman – CEO
Phone: +1.416.884.3556


Categories
Base Metals Junior Mining

AbraPlata Announces Non-Brokered Private Placement and Acceleration of Drilling Program at the Diablillos Silver-Gold Project

ABRAPLATA RESOURCE CORP.

(TSX.V: ABRA | OTC: ABBRF)

Has just announced a financing opportunity for Accredited Investors for funding towards the advancement on the high-grade zones at the Oculto Deposit. Click below for financing details.

Rob Bruggeman, Interim CEO of AbraPlata stated, “The transaction with Aethon is proceeding very well.  AbraPlata has been working with Aethon to define a drill program for the Diablillos silver-gold project and  proceeds from the financing would allow us to commence that drill program at an earlier date than if we wait for the Aethon transaction to close.  Aethon and AbraPlata’s geologists have outlined a drill program of approximately 3,000 metres of diamond drilling, in seven or eight holes, that will test extensions of high grade zones under the current resource at the Oculto deposit.”

CONTACT US

AbraPlata Resource Corp.
Rob Bruggeman – Interim CEO
Phone: +1.416.884.3556


Press Release