AbraSilver Resource Corp.

AbraSilver Resource is pleased to announce the appointment of Jeremy Weyland as Senior Vice President, Projects and Development, effective Sept 3, 2024. Mr. Weyland is an international mining executive with 17 years of industry experience in capital project planning and execution, including senior leadership roles at Lundin Mining Corp. and Kinross Gold Corp. Mr. Weyland will lead the Company’s various upcoming technical [...]

AbraSilver Resourceis pleased to announce that it has filed its unaudited financial statements and the associated MD&A for the three months ended March 31, 2024. The financial statements and MD&A are available on the Company’s website or under the Company’s profile on SEDAR+. The Company also announces that it has filed an amended and restated technical report entitled “Amended and Restated NI 43-101 Technical Report [...]

AbraSilver Resource is pleased to announce that it will implement the consolidation of its common shares in the capital of the Company on the basis of 5 pre-Consolidation Shares for every 1 post-Consolidation Share. The Consolidation will take effect at market open on May 22, 2024. The Consolidation reduces the number of outstanding Common Shares from 624,703,913 to approximately 124,940,785. Shareholders' proportional [...]

AbraSilver Resource is pleased to announce that the Company has commenced a 20,000-metre diamond drilling program on its wholly-owned Diablillos property in Salta Province, Argentina. This milestone marks the beginning of a fully-funded, extensive exploration campaign aimed at further delineating and expanding the Project’s high-grade silver-gold mineralization. The Phase IV drill program will prioritize target areas with [...]

AbraSilver Resource is pleased to announce that it has filed on SEDAR+ a National Instrument 43-101 – Standards of Disclosure for Mineral Projects compliant, independent technical report on its wholly-owned Diablillos project. The Report titled "NI 43-101 Technical Report, Pre-Feasibility Study for the Diablillos Ag-Au Project" is dated April 30, 2024, has an effective date of March 07, 2024, and supports the disclosure [...]

AbraSilver Resource is pleased to announce the completion of its previously announced non-brokered private placement. The Company issued 50,000,000 common shares at a price of $0.40 per share for aggregate gross proceeds of C$20 million. As a result, Kinross Gold and an affiliate of Central Puerto each own approximately 4.0% of the outstanding Common Shares on an undiluted basis. All Common Shares issued in connection [...]

AbraSilver Resource is pleased to announce that it has entered into subscription agreements in respect of a strategic C$20 million non-brokered private placement of AbraSilver common shares with Kinross Gold and an affiliate of Central Puerto SA at a subscription price of C$0.40 per Common Share. Highlights Each of Kinross and Central Puerto have entered into a subscription agreement with AbraSilver pursuant to which they [...]

AbraSilver Resource is pleased to announce that the Company has granted an aggregate of 5,680,000 stock options pursuant to its share compensation plan to directors, officers, employees, advisors and consultants of the Company. The options issued entitle the holder to acquire the same number of common shares of the Company and will be exercisable at a price of $0.355 per common share for a period of five years from the [...]

AbraSilver Resource is pleased to announce results from its Preliminary Feasibility Study for its wholly-owned Diablillos project. The PFS project team was comprised of SGS Geological Services, with support from Knight Piesold, SGS Bateman, and INSA. Base case metal prices used in this analysis are $1,850 per gold oz and $23.50 per silver oz. Attractive project economics – $494 million after-tax Net Present Value [...]

Cautionary Statements This news release includes certain "forward-looking statements" under applicable Canadian securities legislation. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable, are subject to known and unknown risks, uncertainties, and other factors which may cause the actual results and future events to differ materially from those [...]