AbraPlata receives highly accurate satellite surveying of its Diablillos property in northwestern Argentina
AbraPlata receives highly accurate satellite surveying of its Diablillos
property in northwestern Argentina
BUENOS AIRES , Argentina – November 16, 2017, - AbraPlata Resource Corp (TSX.V:ABRA; OTCQB:
ABBRF; Frankfurt: 1AH ) ("AbraPlata" or the "Company" ) is pleased to announce that PhotoSat has
completed satellite surveying of the Ag -Au Diablillos Project in the Salta Province and delivered all the
data to the company. The surveying was carried out using stereo photos from the high -resolution
DigitalGlobe WorldView -3 imaging satellite. The satellite survey consists of an elevation point every
meter, contours with 1m elevation intervals, and the review and verification of the survey coordinates
of 245 drill holes on the property.
“We are pleased to have had access to the world’s highest quality image satellites and Photosat’s
cutting-edge satellite surveying technology to produce a high quality base map for the Diablillos
property,” commented AbraPlata’s Chairman, Hernan Zaballa, adding that: “These data form the
foundation for the ongoing Preliminary Economic Assessment and will greatly assist in the compilation
and interpretation of all past and current exploration data.”
The PhotoSat survey was registered to the ground reference points collected by Abra Plata (Figure 1) .
The survey elevations were converted to heights above the EGM2008 Geoid (Figure 2). Stereo
WorldView-3 satellite photos were then taken on September 12, 2017, and the data were processed by
PhotoSat using their proprietary geophysical st ereo satellite elevation system. PhotoSat produced
surveyed elevation surfaces f or the Diablillos property (Figure 3 and 4) to an accuracy of 20cm in
elevation.
About PhotoSat
Vancouver-based PhotoSat, founded in 1993, has invented a new technology to produce highly accurate
satellite survey data. PhotoSat specializes in elevation surveying for civil engineering infrastructure
projects and the planning and design of resource dev elopment projects. Their clients are oil and gas,
mining, oil sands, engineering, and environmental companies and government agencies. PhotoSat’s
expertise in geophysical data processing methods combined with extensive experience has resulted in
the world’s most accurate satellite surveying. They have delivered over 850 surveying projects, and
produce data with better than 20cm elevation accuracy. For more information about PhotoSat, visit
www.photosat.ca
About AbraPlata
AbraPlata is a junior mining expl oration 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 expanding and
advancing its flagship Diablillos property, with an Indicated Resource of 81.3m oz Ag and 755k oz Au . 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 south of First Quantum’s TacaTaca
project as well as its Aguas Perdidas Au-Ag epithermal property.
Qualified Person
Willem Fuchter, PhD P Geo, President & CEO of AbraPlata Resource Corp and a qualified person as
defined by National Instrument 43 -101 Standards of Disclosure for Mineral Projects, has reviewed and
approved the information contained in this news release.
ON BEHALF OF THE BOARD
ABRAPLATA RESOURCE CORP.
"Willem Fuchter"
Willem Fuchter
President & Chief Executive Officer
For further information concerning this news release, please contact:
Willem Fuchter Rob Bruggeman
President &Chief Executive Officer Investor Relations
AbraPlata Resource Corp. AbraPlata Resource Corp
Tel: +54.11.5258.0920 Tel: +1.416.884.3556
E-mail: [email protected] 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 sta tements. All statements 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 results 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 r evise any forward-looking statements,
whether as a result of new information, future events or otherwise, except as required by law.
Neither the 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.
For further information about AbraPlata and its projects, please visit the Company’s website at
www.abraplata.com.