Northwire Canada EditionMonday, November 2, 2026
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Gold 3,898.90 −3.3% Silver 49.28 −5.9% Copper 6.48 −1.8% Oil 104.12 +2.1% Palladium 987.70 −1.7% HCH 1.25 −3.9% CRD 0.040 −20.0% ENEV 0.005 +0.0% MOON 5.23 −7.9% ORE 2.56 −4.8% ASE 0.620 −14.5% LKY 0.005 + SOI 0.165 −5.7% ECR 0.190 −5.0% OZ 0.240 −9.4% ELEC 0.110 +4.8% WHY 0.260 −3.7% PHD 0.030 −33.3% OMI 0.220 −10.2% EML 0.105 +0.0% TECT 1.37 −2.8% Gold 3,898.90 −3.3% Silver 49.28 −5.9% Copper 6.48 −1.8% Oil 104.12 +2.1% Palladium 987.70 −1.7% HCH 1.25 −3.9% CRD 0.040 −20.0% ENEV 0.005 +0.0% MOON 5.23 −7.9% ORE 2.56 −4.8% ASE 0.620 −14.5% LKY 0.005 + SOI 0.165 −5.7% ECR 0.190 −5.0% OZ 0.240 −9.4% ELEC 0.110 +4.8% WHY 0.260 −3.7% PHD 0.030 −33.3% OMI 0.220 −10.2% EML 0.105 +0.0% TECT 1.37 −2.8%
Drill Results Routine +

AbraSilver Reports 2026 La Coipita Project Drill Results; Best Hole Returns 748 Metres of 0.69% Copper, 0.06 g/t Gold and 142 ppm Molybdenum

AbraSilver reports incremental exploration milestones at its La Coipita joint venture, which do not alter the near-term investment thesis centered on the Diablillos definitive feasibility study.

By The Northwire Desk — AI Analysis Jun 15, 2026 · 07:31 ABRA · 15.03 AbraSilver Resource Corp.
Executive Summary
  • AbraSilver reported 2026 drill results from its La Coipita copper-gold-molybdenum project in Argentina.
  • Hole DDH-LC26-010 returned the strongest intercept to date: 747.5m @ 0.69% Cu, 0.06 g/t Au, 142 ppm Mo, confirming a vertically extensive system.
  • Hole DDH-LC26-012 identified a new, shallower discovery at the Yaretas Sur target, ~1.9 km south of the main drilling area.
  • The first-ever magnetotelluric (MT) survey indicates potential mineralized extensions to the south.
  • The program is fully funded and operated by a Teck Resources subsidiary under an earn-in JV agreement. Teck has completed 11,270m across 19 holes, representing ~US$23M in expenditures against a US$20M commitment.
  • Upon completion, an 80/20 JV (Teck/AbraSilver) will be formed.
Material Impact
  • The release is a routine exploration update from a JV partner. It confirms geological continuity and district-scale potential but does not change the Diablillos development timeline, DFS catalysts, or immediate financing needs.
  • The stock has already rallied significantly from ~$4.55 to ~$19.02 over the past year, pricing in substantial project advancement.
  • No new financing, M&A, DFS results, or permitting milestones are attached to this release. It is expected incremental progress that aligns with previous JV announcements.
  • Impact on the stock price is likely neutral to marginally positive. The market is currently focused on the Diablillos DFS and permitting pipeline rather than incremental JV exploration updates.
ABRA · Price
Company Overview
  • AbraSilver Resource Corp. is focused on the Diablillos silver-gold project in Salta/Catamarca, Argentina.
  • Project stage: Pre-feasibility completed, DFS ongoing. Construction decision targeted H2 2026, production 2029.
  • Diablillos M&I resources: 248 Moz Ag, 2.5 Moz Au (454 Moz AgEq).
  • Processing: Dual tank-heap leach approach. Base case 9,000 tpd throughput.
  • La Coipita: Copper-gold-molybdenum project under Teck JV. Covers >70,000 hectares.
Read the original news release →

More from AbraSilver Resource Corp.

Oct 21, 2026 · 07:32

AbraSilver’s best-ever Oculto gold intercept lies below the pit, offering optionality but not yet net asset value.

Drill Results Sep 02, 2026 · 07:31

AbraSilver’s low-grade Cerro Viejo gold discovery adds exploration optionality to its already-priced definitive feasibility study.

Drill Results Aug 27, 2026 · 07:31

AbraSilver’s Worley engineering contract advances the Diablillos project toward a 2027 final investment decision, de-risking the $3 billion net present value development.

Other Jul 31, 2026 · 16:30

AbraSilver secures $52m for Diablillos construction as Kinross closes a $2m stake in the project.

Financings Jul 29, 2026 · 08:31

AbraSilver raised C$50M in equity to fund the Diablillos DFS and advance early works toward a 2029 final investment decision.

Financings Jul 22, 2026 · 16:23

AbraSilver secured C$45m in early works funding for the Diablillos project, which has completed its DFS and obtained permitting ahead of a 2029 final investment decision.

Financings