Abrasilver to acquires properties near Diablillos

The most recent news (February 17, 2026) announces that AbraSilver has consolidated its footprint at the Diablillos project in Salta, Argentina, through the acquisition and optioning of over 6,200 hectares. The total consideration is approximately US$4.65 million (US$3.70 million in cash and US$0.95 million in shares). These acquisitions include Bianca X, El Chanal, Condoryacu, María Amalia I, Mi Belelo III, and Natalia. The primary objectives are to secure essential infrastructure rights, additional water resources, and evaluate exploration upside that could allow for project scaling beyond the current base-case Definitive Feasibility Study (DFS).

The impact of this land consolidation is material and positive for three primary reasons: - Infrastructure De-risking: For a project entering the Feasibility stage (DFS due Q2 2026), controlling the surrounding land is critical for tailings storage, plant site expansion, and waste rock facilities. This removes potential land-tenure bottlenecks that often plague projects moving into construction. - Project Scalability: By securing these properties now, management is explicitly signaling that the "base-case" DFS parameters may be a floor rather than a ceiling. The addition of "Condoryacu" provides immediate exploration targets adjacent to the current resource. - Resource Security: Specifically, the mention of securing "essential water resources" is a vital move in the high-altitude Puna region, where water access is a common hurdle for mining permits and production capacity.

AbraSilver is focused on the 100%-owned Diablillos silver-gold project in Argentina. - Flagship Project: Diablillos (Salta Province). - Resources: M&I Mineral Resources (July 2025) of 104 Mt at 59 g/t Ag and 0.51 g/t Au (350 Moz AgEq). - Secondary Project: La Coipita (San Juan), a copper-gold porphyry system where Teck Resources is earning up to an 80% interest. Recent drilling there intercepted 621m of 0.38% Cu.