AbraPlata Resource (TSX.V: ABRA) (OTCQB: ABBRF) this morning said it has defined a gold-rich zone in the company’s Diablillos property following a comprehensive review of the geology and drill core. The gold-rich zone is located in the lower part of the Oculto Ag-Au deposit and measures approximately 300m by 50m. The zone is within an area that has not been extensively drill tested. “The recent review of the drilling results by our consultant geologist has resulted in a new appreciation of the extent and grade of the gold-dominant mineralization in the basement rocks of the Oculto deposit,” AbraPlata chairman Hernan Zaballa stated in the news release.
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AbraPlata is a junior mining exploration company focused on delivering shareholder returns by unlocking mineral value in Argentina. The company’s experienced management team has assembled an outstanding portfolio of gold, silver and copper exploration assets, and is focused on advancing its flagship Diablillos property, with an indicated resource of 81.3m oz Ag and 755k oz Au, through the various stages of feasibility. In addition, AbraPlata owns the highly prospective Cerro Amarillo property with its cluster of five mineralized Cu-(Mo-Au) porphyry intrusions located in a mining camp hosting the behemoth El Teniente, Los Bronces, and Los Pelambres porphyry Cu-Mo deposits. Further exploration work is also planned for the Company’s Samenta porphyry Cu-Mo property south of First Quantum’s TacaTaca project as well as its Aguas Perdidas Au-Ag epithermal property. For more information about the company, visit www.AbraPlata.com.
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