AbraSilver Announces Filing of NI 43-101 Technical Report for Increased Mineral Resource Estimate at Diablillos
220 Bay Street, Suite 550, Toronto, ON, M5J 2W4
www.abrasilver.com
AbraSilver Announces Filing of NI 43-101 Technical Report for Increased Mineral
Resource Estimate at Diablillos
Toronto – October 29, 2021: AbraSilver Resource Corp. (TSX.V:ABRA; OTCQX: ABBRF)
("AbraSilver" or the “Company”) is pleased to announce that it has filed on SEDAR a National Instrument
43-101 ("NI 43-101") compliant, independent technical report (the "Report") on its wholly-owned Diablillos
project in Salta province, Argentina.
There are no material differences in the Report from those results disclosed in the Company's press
release dated September 15, 2021. Highlights of the updated Report include:
Measured & Indicated (“M&I”) Resources: 1.0Moz gold and 90.2Moz silver, a 37% increase in
contained gold ounces and a 12% increase in contained silver ounces
M&I Resources: 160Moz AgEq at 121 g/t AgEq or 2.3Moz AuEq at 1.73 g/t AuEq
High-grade resources in ‘Measured’ category: 8.2Mt at 193 g/t AgEq or 2.75 g/t AuEq
The Report was filed on October 28, 2021, with an effective date of October 28, 2021, and is entitled
"NI 43-101 Technical Report Mineral Resource Estimate - Diablillos Project". The Report, prepared in
accordance with National Instrument 43-101 - "Standards of Disclosure for Mineral Projects," provides
an update on the mineral resource estimate initially assessed in the preliminary economic assessment
entitled, "Technical Report on the Diablillos Project, Salta Province, Argentina," effective April 16, 2018.
The Report is available for review on SEDAR (www.sedar.com) and on the Company's website
(www.abrasilver.com).
The Report was prepared for AbraSilver Resource Corp. by Mining Plus. The Mineral Resources
Estimate were estimated by Ms. Maria Muñoz, MAIG QP(Geo). Ms. Muñoz is a full-time employee of
Mining Plus Peru SAC and is an independent Qualified Person ("QP") as defined by the National
Instrument 43-101.
Qualified Persons and Technical Information
The site visit, review of various geological aspects including sampling, drill core, logging, assay laboratory
and independent check sample were done by Mr. Luis Peralta, B.Sc. (Geo) FAusIMM. Mr. Peralta is a
collaborator of Mining Plus Peru SAC and is an independent Qualified Person ("QP") as defined by the
National Instrument 43-101.
The Mineral Resources Estimate were estimated by Ms. Maria Muñoz, MAIG QP(Geo). Ms. Muñoz is a
full-time employee of Mining Plus Peru SAC and is an independent Qualified Person ("QP") as defined
by the National Instrument 43-101.
The section concerning mineral processing and metallurgical testing was done by Mr Simon Richard
Jeremy Perkins, FAusIMM CP(met). Mr. Perkins is an independent mineral processing consultant and is
an independent Qualified Person ("QP") as defined by the National Instrument 43-101.
The Qualified Persons ("QP’s") have reviewed and approved the technical content of this release.
David O’Connor P.Geo., Chief Geologist for AbraSilver, is the qualified person as defined by National
Instrument 43-101 Standards of Disclosure for Mineral Projects. He has reviewed and approved the
scientific and technical information in this news release.
About AbraSilver
AbraSilver is a well-funded silver-gold focused advanced-stage exploration company. The Company is rapidly
advancing its 100%-owned Diablillos silver-gold project in the mining-friendly Salta province of Argentina, which
has a Measured and Indicated Mineral Resource base of over 160Moz on a silver-equivalent basis or 2.3Moz on
a gold-equivalent basis. The Company is led by an experienced management team and has long-term supportive
shareholders including Mr. Eric Sprott and SSR Mining. In addition, AbraSilver owns a portfolio of earlier-stage
copper-gold projects, including the Arcas project in Chile where Rio Tinto has an option to earn up to a 75%
interest by funding up to US$25 million in exploration. AbraSilver is listed on the TSX-V under the symbol “ABRA”
and in the U.S. under the symbol “ABBRF”.
The Diablillos resource estimate is N.I. 43-101 compliant. Full details of the Mineral Resources are available in a
Company news release dated
For further information please visit the AbraSilver Resource website at www.abrasilver.com, our LinkedIn page at
AbraSilver Resource Corp., and follow us on Twitter at www.twitter.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. 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 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 news release