Silver Spot Price:   $22.90   |    Gold Spot Price:   $1753.47
TSX-V: ABRA   Last: 0.4    |   Change: 0


A Gold & Silver Exploration Company With Deep Roots

AbraSilver Resource Corp. is a Toronto-based mineral exploration company that offers investors exposure to silver, gold, and copper through projects at various stages of exploration, from drill-ready to PEA stage. AbraSilver provides major leverage to silver and gold through its 100% interest in the Diablillos project in the mining-friendly Salta province in Argentina.

Acquired from SSR Mining Inc. in 2016, the Diablillos project has had more than US$35 million spent on exploration and currently has an Indicated resource base of 81 million ounces of silver and 732,000 ounces of gold.

A preliminary economic assessment ("PEA") was completed on Diablillos in 2018 to evaluate an open pit mining operation. The PEA demonstrated that Diablillos has the potential to be a significant producer of silver and gold with robust economics including an after-tax IRR of 30.2% and NPV 7.5% of US$212 million (at $20/oz silver and $1,300/oz gold). For further details, see report titled “Technical Report on the Diablillos Project, Salta Province, Argentina", dated April 16, 2018, was prepared by RPA Inc., and is available on

Current work at Diablillos is focused on evaluating the possibility of an optimized project at Diablillos that targets the higher-grade mineralization, which is concentrated in structurally controlled zones. One compelling aspect of the optimized study is that it opens up exploration potential at depth and along strike.

In December 2019, AbraSilver merged with Aethon Minerals (TSXV: AET) through a plan of arrangement. The merger resulted in a strengthened company with SSR Mining and Altius Minerals as its largest shareholders. The merged company will remain focused on exploring and advancing the Diablillos project and will also have upside exposure through Aethon's Arcas copper-gold porphyry project in Chile, on which Rio Tinto has the right to earn a 75% interest by spending US$25 million.

AbraSilver presents an excellent opportunity to participate in one of the most active junior silver exploration companies that also has significant gold leverage. While silver mining companies’ stock may be an attractive tranche in precious metals, AbraSilver’s diversified portfolio provides leverage across multiple metals.

AbraSilver is listed on the TSX Venture Exchange under the ticker symbol ABRA and on the OTC Pink Sheets under the ticker symbol ABBRF.


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