AbraSilver Accelerates US$6.85 Million Payment to EMX Royalty Corp, Securing Diablillos Project
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www.abrasilver.com
AbraSilver Accelerates US$6.85 Million Payment to EMX Royalty Corp, Securing
Diablillos Project
Toronto – April 10, 2025: AbraSilver Resource Corp. (TSX: ABRA; OTCQX: ABBRF) (“AbraSilver”
or the “Company”) is pleased to announce that it has made the final property payment to EMX Royalty
Corporation (“EMX”) under the terms of the second amended and restated share purchase agreement
dated March 21, 2017, as amended (the “Purchase Agreement”), in respect of the Company’s Diablillos
silver-gold project in Salta province, Argentina (the “Diablillos Project”). This final payment, originally due
by July 31, 2025, was completed ahead of schedule by the Company paying US$6.85 million, a reduced
total obligation from the original US$7.0 million payment obligation contemplated by the Purchase
Agreement.
With this final payment, AbraSilver has fully satisfied its purchase obligations, securing 100% ownership
of the Diablillos Project.
John Miniotis, President and CEO of AbraSilver, commented, “The completion of this final payment marks
a key milestone for AbraSilver. By making this payment early, we have further strengthened our financial
position while maintaining our focus on rapidly advancing the Diablillos Project towards production. We
would like to thank the EMX team for their collaboration and flexibility throughout this process.”
EMX's interest in the Purchase Agreement resulted from EMX’s acquisition of a portfolio of royalty
interests and payments from SSR Mining Inc. and certain of its subsidiaries (see EMX news releases
dated July 29 and October 21, 2021). EMX continues to retain a 1.0% net smelter return (NSR) royalty
on the Diablillos Project.
About AbraSilver
AbraSilver is an advanced-stage exploration company focused on rapidly advancing its 100%-owned Diablillos
silver-gold project in the mining-friendly Salta and Catamarca provinces of Argentina. The current Proven and
Probable Mineral Reserve estimate for Diablillos, from a recently completed Pre-Feasibility Study, consists of 42.3
Mt grading 91 g/t Ag and 0.81 g/t Au, containing approximately 124 Moz silver and 1.1 Moz gold, with significant
further exploration upside potential. In addition, the Company has entered into an earn-in option and joint venture
agreement with Teck on the La Coipita project, located in the San Juan province of Argentina. AbraSilver is listed
on the TSX under the symbol “ABRA” and in the U.S. on the OTCQX under the symbol “ABBRF.”
For further information please visit the AbraSilver Resource website at www.abrasilver.com, our LinkedIn page at
AbraSilver Resource Corp., and follow us on X at www.x.com/abrasilver
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 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 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. When considering this forward-looking information, readers should keep in mind the risk factors and
other cautionary statements in the Company’s disclosure documents filed with the applicable Canadian securities
regulatory authorities on SEDAR+ at www.sedarplus.ca. The risk factors and other factors noted in the disclosure
documents could cause actual events or results to differ materially from those described in any forward-looking
information. 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 the TSX nor its Regulation Services Provider (as that term is defined in the policies of the TSX) accepts
responsibility for the adequacy or accuracy of this news release