Categories: General Market Commentary / Precious Metals
Topics: General Market Commentary / General Precious Metals

AbraPlata hires Canadians and Australians to undertake PEA at Diablillos

Argentine-Canadian junior AbraPlata Resource Corp (TSXV:ABRA) announced that it has engaged Toronto’s Roscoe Postle Associates and Perth’s GR Engineering Services to undertake a Preliminary Economic Assessment of its Diablillos silver-gold project.

Diablillos (Spanish for “little devils”) is located in southern Salta Province in northwestern Argentina and has a current resource of 27.7 million tonnes grading 91.2g/t silver and 0.85g/t gold, containing an estimated 81.3 million oz of silver and 755,000oz of gold.

The property covers an area of 79 km2 and hosts epithermal precious metal mineralization in nine mineral occurrences. One of these, the Oculto Deposit, contains all the aforementioned Indicated Resources. However, the company says it is currently drilling-off additional mineralization at the Fantasma Mineralized Zone, some 800 m west of Oculto, with a view to further expanding the existing resource.

According to a press release, the additional drilling would allow AbraPlata to establish the parameters necessary for undertaking the PEA, which will be completed by the engineering and consulting firms over the next three to four months.

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