AbraSilver Intersects New High-Grade Feeder Structure in Southwest Zone at Diablillos; 871 g/t AgEq over 27m, and 522 g/t AgEq over 36m

Hole DDH 22-067 encountered the highest-grade intercept to date, on a silver-equivalent basis, at the JAC target, with 871 g/t AgEq over 27m in sulphide mineralization. That interval is located immediately beneath a further high-grade oxide intercept grading 522 g/t AgEq over 36m.

Highlights and detailed results are shown below along with accompanying figures:

• Hole DDH 22-067 intersected a new high-grade feeder structure at the JAC target and encountered two separate high-grade zones:

  • 36m at 463 g/t Ag and 0.71 g/t Au in oxidesfrom 143.0m

  • 27m at 745 g/t Ag, 1.54 g/t Au and 1.23% Cu in sulphides from 179.0m

• The other four reported holes tested the margins of the high-grade silver mineralization at the JAC target, with hole DDH 22-065 encountering 35m at 82 g/t Ag from a downhole depth of 83.0m

Table 1 - Diablillos Drill Results in Southwest Zone

(Intercepts greater than 2,000 gram-metres AgEq shown in bold text):

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