Northwire Canada EditionTuesday, July 14, 2026
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WDO 26.04 −0.9% FVI 11.84 −1.6% OM 1.75 −1.7% ETG 2.99 +0.0% ARTG 31.47 −4.6% LUC 0.163 +1.6% AFM 1.38 +0.0% IMG 20.95 −3.5% CPAU 0.150 +3.5% MMX 0.075 +7.1% IE 12.47 −2.4% SASK 1.09 −1.8% MOG 0.390 +2.6% XIM 0.070 −6.7% S 0.110 −29.0% OMI 0.300 −4.8% WDO 26.04 −0.9% FVI 11.84 −1.6% OM 1.75 −1.7% ETG 2.99 +0.0% ARTG 31.47 −4.6% LUC 0.163 +1.6% AFM 1.38 +0.0% IMG 20.95 −3.5% CPAU 0.150 +3.5% MMX 0.075 +7.1% IE 12.47 −2.4% SASK 1.09 −1.8% MOG 0.390 +2.6% XIM 0.070 −6.7% S 0.110 −29.0% OMI 0.300 −4.8%
Drill Results Routine +

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 →

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Jul 13, 2026 · 07:31

AbraSilver’s high-grade step-out at Oculto West supports its growth thesis, though the single hole lacks the scale to re-rate the DFS-stage developer.

Drill Results Jun 24, 2026 · 17:16

AbraSilver’s final Catamarca permit clears provincial hurdles, shifting focus to project financing and final investment decision for the deposit.

Resource Estimate Jun 22, 2026 · 17:16

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Technical Study Jun 19, 2026 · 17:01

AbraSilver Announces Filing of Technical Report for Updated Mineral Resource Estimate on the Diablillos Project

Resource Estimate Jun 15, 2026 · 07:31

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.

Drill Results May 06, 2026 · 17:16

AbraSilver Delivers Expected Resource Growth Ahead of Feasibility Study, But Valuation Stretched

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