AbraSilver Intersects 68.5 Metres of 343 g/t Silver, Including 17 Metres of 917 g/t Silver

• Most Recent Event: On April 30, 2026, AbraSilver released assay results from Phase VI drilling at the Diablillos project in Argentina.
• Key Intercepts: Hole DDH 26-012 returned 68.5 metres grading 343 g/t silver, including a high-grade interval of 17.0 metres @ 917.3 g/t Ag.
• Geological Context: Results confirm mineralization continuity between the Oculto and JAC zones. Additional holes (DDH 26-011, 26-014) show expansion potential at Oculto East with gold-silver oxide mineralization.
• Resource Baseline: The results feed into the Definitive Feasibility Study (DFS), building upon the July 2025 resource estimate of ~350 Moz AgEq in Measured & Indicated categories.
• Recent Context: This follows a key Environmental Impact Assessment (DIA) approval from Salta Province received on April 27, 2026, and precedes the expected Catamarca DIA approval by May 7, 2026.

• Expectation vs. Reality: The Phase VI drilling program was announced in January 2026 with a target of ~15,000 metres. Results are consistent with the exploration plan and do not represent an unexpected resource expansion beyond current models.
• Market Impact: While the grades (917 g/t Ag) are exceptional, they validate existing geological models rather than fundamentally altering them. The market has already priced in significant progress through the RIGI approval (March 2026) and Salta permitting (April 2026).
• Risk Mitigation: High-grade confirmation reduces technical risk for the upcoming DFS completion targeted for Q2 2026, supporting investor confidence ahead of a potential construction decision.
• Rating Justification: Classified as Routine - Positive because it is an incremental milestone within an announced program rather than a transformative event like RIGI approval or strategic investment.

• Company: AbraSilver Resource Corp., focused on silver-gold development in Argentina.
• Flagship Project: Diablillos (Salta/Catamarca Provinces).
• Project Type: Open-pit oxide mining with tank leach and heap leach processing.
• Current Stage: Pre-construction/Permitting phase, advancing towards DFS completion and FID in 2026.
• Resource Estimate: ~199 Moz Ag and 1.72 Moz Au (350 Moz AgEq) in Measured & Indicated categories (July 2025).