AbraSilver Awards Bridging Engineering Contract to Worley, Advancing Diablillos Toward a Construction Decision

AbraSilver Resource Corp. has issued a Limited Notice to Proceed to Worley to commence the bridging engineering phase for its 100%-owned Diablillos silver-gold project in Argentina. This phase builds upon the Definitive Feasibility Study (DFS) completed in 2025 and aims to de-risk the project and support a Final Investment Decision (FID) targeted for the second quarter of 2027.
The scope of work includes engineering design, technical studies, procurement, cost estimates, scheduling, permitting support, and planning for site camp accommodations. Due to the high-altitude and remote location of the project, there is a specific focus on modular construction options. The project is located in the Puna region across the provinces of Salta and Catamarca, Argentina.
Worley will execute the work through its Global Integrated Delivery Centre in Colombia, supported by teams in Argentina and Canada. This engagement builds on the DFS delivered by Worley in 2025. Key personnel involved in the project include Jeremy Weyland, Chief Operating Officer of AbraSilver, and John Naisbitt, the newly appointed Project Director. Andrea Casciano serves as Senior Vice President for LATAM at Worley.
Jeremy Weyland, Chief Operating Officer of AbraSilver, stated: "Awarding this next phase of work to Worley following the DFS keeps Diablillos moving without interruption along the path to construction. Worley knows this project well, and their global mining expertise and proven project delivery track record make them the right partner to advance the engineering, procurement and permitting workstreams that underpin our targeted final investment decision in the second quarter of 2027."
Andrea Casciano, Senior Vice President for LATAM at Worley, added: "We're pleased to build on our partnership with AbraSilver and support the Project as it moves into this next phase... By combining the capabilities of our multi-center team with our mining expertise and project delivery experience, we will progress the execution elements needed to support the project toward a final investment decision."