Northwire Canada EditionSunday, November 8, 2026
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Gold 4,079.60 −0.8% Silver 51.94 −0.8% Copper 6.24 −0.5% Oil 90.83 +0.3% Palladium 1,017.10 −2.6% KRN 0.260 −7.1% GSKR 2.84 +5.6% ADE 0.125 +4.2% NRM 0.055 +0.0% BBB 0.520 −1.9% LGD 2.09 +1.9% DEC 0.110 +0.0% LCE 0.200 +0.0% NILI 0.515 −1.0% CDE 21.85 +6.7% CAN 0.045 +0.0% LORD 0.100 +0.0% HBM 29.49 +2.3% ELEF 0.265 +120.8% MUN 0.300 +0.0% SAGA 0.400 +6.7% Gold 4,079.60 −0.8% Silver 51.94 −0.8% Copper 6.24 −0.5% Oil 90.83 +0.3% Palladium 1,017.10 −2.6% KRN 0.260 −7.1% GSKR 2.84 +5.6% ADE 0.125 +4.2% NRM 0.055 +0.0% BBB 0.520 −1.9% LGD 2.09 +1.9% DEC 0.110 +0.0% LCE 0.200 +0.0% NILI 0.515 −1.0% CDE 21.85 +6.7% CAN 0.045 +0.0% LORD 0.100 +0.0% HBM 29.49 +2.3% ELEF 0.265 +120.8% MUN 0.300 +0.0% SAGA 0.400 +6.7%
Drill Results

AbraSilver Expands Gold Mineralization at Oculto East with Broad Step-Out Intercepts

Diablillos Drilling Confirms Resource Growth Trajectory Amidst Permitting Milestones

By The Northwire Desk — AI Analysis Apr 13, 2026 · 06:01 ABRA · 14.35 AbraSilver Resource Corp.
Executive Summary
  • AbraSilver released assay results from four new diamond drill holes (DDH-26-005 to DDH-26-008) at the Diablillos project, specifically targeting the Oculto East area.
  • The headline intercept is Hole DDH-26-008, which returned 171 meters grading 0.83 g/t Au and 10.3 g/t Ag from 230m depth.
  • This includes a higher-grade sub-interval of 9 meters at 3.46 g/t Au and 16 g/t Ag.
  • Additional holes (DDH-26-005, 006, 007) returned multiple oxide intervals with gold grades ranging from 0.26 g/t to 1.25 g/t over various widths.
  • Management states mineralization extends several hundred meters east of the current open-pit margin and remains open along strike and at depth.
  • This release is part of the Phase VI drilling program, which was announced in January 2026 as a fully-funded 15,000m program aimed at expanding resources for the Definitive Feasibility Study (DFS).
Material Impact
  • The news confirms the continuity of gold mineralization at Oculto East, a key area identified for resource expansion following the July 2025 Mineral Resource Estimate (MRE) update.
  • While positive, this information is incremental to previous announcements. Phase VI drilling commenced in January 2026, and preliminary results from DDH-26-001 were already reported on March 30, 2026.
  • The grades reported (0.83 g/t Au over 171m) are consistent with the oxide gold-silver profile expected for tank-leach processing but do not represent a fundamental shift in project economics comparable to the RIGI approval or the MRE update earlier in the year.
  • Given the stock price rally from April 2025 ($3.15) to February 2026 ($17.61), much of the exploration upside has likely been priced in by the market prior to this specific release.
  • The news serves as a validation of management's guidance rather than a surprise catalyst, supporting the "Routine - Positive" classification.
ABRA · Price
Company Overview
  • AbraSilver Resource Corp. is focused on advancing its 100% owned Diablillos silver-gold project in Salta Province, Argentina.
  • Flagship Project: Diablillos features a large oxide resource suitable for tank-leach processing.
  • Resource Base (as of July 2025): Measured & Indicated resources of 73.1 Mt @ 79 g/t Ag and 0.66 g/t Au (~186 Moz Ag, 1.6 Moz Au) for the tank-leach component, with an additional heap-leach component added in the MRE update.
  • Secondary Asset: La Coipita project (JV with Teck Resources), where AbraSilver holds an earn-in option; recent drilling there has identified copper porphyry potential.
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