Abraplata Increases Financing

ABRAPLATA RESOURCE CORP.

ABRAPLATA INCREASES FINANCING

THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES FOR

DISSEMINATION IN THE UNITED STATES

Vancouver, BC, January 10, 2018 AbraPlata Resource Corp. ("AbraPlata" or the "Company") (TSX-V:

ABRA; OTCQB: ABBRF; Frankfurt: 1AH) is pleased to announce that, further to the news release dated

January 5, 2018 announcing the Company's intention to complete a non-brokered private placement of up

to 6,000,000 units at a price of $0.20 per Uni t for total gross proceeds of up to $1,500,000 (the

"Financing"), the Company has, in response to strong investor demand, decided to increase the size of the

Financing to 10,500,000 units for total gross proceeds of $2,100,000. Other than the increase in the size

of the Financing, all other terms are as disclosed in the Company's news release dated January 5, 2018.

Closing of the Financing remains subject to the approval of the TSX Venture Exchange. In compliance

with Canadian securities laws and the rules of the Exchange, all securities issued in connection with the

Financing will be subject to a hold period of four (4) months.

About AbraPlata

Abraplata is a junior mining exploration company focused on delivering shareholder returns by unlocking

mineral value in Argentina. The Company's experienced management team has assembled an outstanding

portfolio of gold, silver and copper exploration assets, and is focused on advancing its flagship Diablillos

property, with an indicated resource of 81.3m oz Ag and 755k oz Au, through the various stages of

feasibility. In addition, AbraPlata owns the highly prospective Cerro Amarillo property with its cluster of

five mineralized Cu -(Mo-Au) porphyry intrusions located in a mining camp hosting the behemoth El

Teniente, Los Bronces, and Los Pelambres porphyry Cu -Mo deposits. Further exploration work is also

planned for the Company’s Samenta porphyry Cu -Mo property, lo cated south of First Quantum's

TacaTaca project, as well as its Aguas Perdidas Au-Ag epithermal property.

ON BEHALF OF THE BOARD

ABRAPLATA RESOURCE CORP.

"Willem Fuchter"

Willem Fuchter

President and Chief Executive Officer

For further information concerning this news release, please contact:

Willem Fuchter

President & Chief Executive Officer

AbraPlata Resource Corp.

Tel: +54.11.5258.0920

E-mail: [email protected]

Rob Bruggeman

Investor Relations

AbraPlata Resource Corp

Tel: +1.416.884.3556

Email: [email protected]

This news release includes certain "forward -looking statements" under applicable Canadian securities

legislation. Forward -looking statements are necessarily based upon a number of estimates and

assumptions that, while considered reasonable, are subject to known and unknown risks, uncertainties,

and other factors which may cause the actual results and future events to differ materially from those

expressed or implied by such forward -looking statements. All statemen ts that address future plans,

activities, events or developments that the Company believes, expects or anticipates will or may occur are

forward-looking information. There can be no assurance that such statements will prove to be accurate,

as actual result s and future events could differ materially 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 revise any forward -looking statements, whether as a

result of new information, future events or otherwise, except as required by law.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the

policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.