AbraPlata Resource Corp. announces that it has made a US$5 million property payment to SSR Mining Inc.. This payment is in accordance with the terms of the Amended Share Purchase Agreement, dated September 11, 2019, for the acquisition by AbraPlata of 100% of the Diablillos silver-gold project mineral claims in Salta province, Argentina. As per the terms of the Agreement, the US$5 million payment was to be paid to SSRM by [...]
AbraPlata Resource Corp. is pleased to announce the completion of geophysical surveys on its wholly-owned Diablillos Project, and provides the following geological observations and next steps: - The surveys have identified low magnetic areas associated with lineaments that represent priority drill targets. - These newly identified targets have the potential to substantially expand the known Oculto silver-gold resource [...]
AbraPlata Resource Corp. is pleased to announce significant high-grade assay results from diamond drill holes DDH 20-007 and DDH 20-008, recently completed at the Oculto deposit, located on its wholly-owned Diablillos in Salta Province, Argentina. The holes were designed to test extensions of mineralized zones beyond the known estimated mineral resources and to infill shallower mineralized zones. Hole DDH 20-007 [...]
AbraPlata Resource Corp. is pleased to announce results from three diamond drill holes at its wholly-owned Diablillos in Salta Province, Argentina. Drilling was designed to test extensions beyond the currently defined mineral resources. The holes intersected numerous zones of gold and silver mineralisation within oxides beneath the current resource boundary. Two of the holes also intercepted zones of sulphide [...]
AbraPlata Resource Corp. is pleased to announce that it has engaged San Diego Torrey Hills Capital, Inc. , a Rancho Santa Fe, California based investor relations firm, to provide market awareness and investor relations services to the Company, subject to acceptance by the TSX Venture Exchange . Cliff Mastricola is the principal of Torrey Hills Capital and will be responsible for all activities related to AbraPlata. Torrey [...]
AbraPlata Resource Corp. is pleased to announce assay results from two diamond drill holes, DDH 20-002 and DDH 20-003, completed at the Oculto deposit, located on its wholly-owned Diablillos in Salta Province. The holes were designed to test the deeper gold zone and ongoing drilling will include testing of the shallower silver rich zone. Results from a further two holes remain pending and are expected to be received [...]
AbraPlata Resource is pleased to announce that it has closed its previously announced non-brokered private placement. In connection with the closing of the Placement, the Company issued 66,666,666 units at a price of $0.27 per Unit for gross proceeds of $18.0 million. Each Unit consisted of one common share in the equity of the Company and one-half of one share purchase warrant. Each Warrant entitles the subscriber to [...]
AbraPlata Resource Corp. is pleased to announce the commencement of Phase 2 drilling at its 100% owned Diablillos silver-gold project, located in the mining-friendly Salta Province of Argentina. This phase of the diamond drilling program is expected to consist of 10 holes, totalling approximately 5,000 metres. The drilling has two main objectives, being to explore for additional high grade gold and silver mineralisation [...]
AbraPlata Resource Corp. is pleased to announce that it has increased the size of its previously announced non-brokered private placements of units from $15,000,000 to $18,000,000. Upon closing of the Offering, the Company will issue up to 66,666,667 units at a price of CAD$0.27 per Unit. Each Unit will consist of one common share in the equity of the Company and one-half of one share purchase warrant . Each Warrant will [...]
AbraPlata Resource Corp. is pleased to announce that it intends to complete a non-brokered private placement for aggregate gross proceeds of up to $15,000,120 through the issuance of up to 55,556,000 units of the Company to be priced at C$0.27 per Unit. Mr. Eric Sprott has indicated his intention to invest up to $10,000,000 in the Offering and will subscribe up to 37,037,037 Units. Each Unit will consist of one common [...]
AbraPlata Resource Corp. is pleased to announce a significant increase to its ongoing 2020 exploration program at the Company's 100% owned Diablillos silver-gold project with an additional 5,000 metres of diamond drilling planned. The expanded exploration program will increase the planned drilling for the 2019-2020 program to total approximately 8,000 metres in approximately 17 diamond drill holes. The Company recently [...]
AbraPlata Resource Corp. is pleased to announce that it has closed its previously announced non-brokered private placement . In connection with the closing of the Placement, the Company issued 43,478,261 units at a price of $0.115 per Unit for gross proceeds of $5.0 million. Each Unit consists of one common share in the equity of the Company and one share purchase warrant . Each Warrant will entitle the subscriber to [...]
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