(via TheNewswire)
Oculto Drill Program
Diamond drilling is scheduled to resume on the Oculto deposit in order to test the continuation of high-grade gold and silver mineralization within and outside the current mineral resource (Table 2). The next four holes (approximately 1,600 metres) will target lateral extensions of the high-grade oxide gold mineralization intercepted by the most recent drill holes. Table 1 below highlights several of the high-grade intercepts obtained by AbraPlata in the most recent drill campaign (for further details please refer to the Company's press releases dated
One of the planned holes will be drilled into the Main Breccia zone, approximately 50 metres east of hole DDH 20-001 and one hole will be drilled into the West Breccia zone, approximately 50 metres east of hole DDH 19-002. The other two holes are planned to test for eastern extension of the deep gold zone 200 to 300 meters beyond current drill holes.
Table 1 - Summary of 2019-2020 High-Grade Oculto Drill Results
----------------------------------------------------------------------- |Drill |From |To |Type |Intercept|Thickness|Ag |Au |Cu | |Hole |(m) |(m) | |(m) |(m) |(g/t)|(g/t)|(%) | |---------------------------------------------------------------------| |DDH | | | | | | | | | |19-001 | | | | | | | | | |---------------------------------------------------------------------| | |166.0|231.0|Oxides |65.0 |54.20 |105 |0.20 |- | |---------------------------------------------------------------------| |including|201.0|204.0|Oxides |3.0 |2.50 |346 |0.30 |- | |---------------------------------------------------------------------| | |353.0|354.0|Sulphides |1.0 |0.83 |15 |6.93 |0.54| |---------------------------------------------------------------------| |DDH | | | | | | | | | |19-002 | | | | | | | | | |---------------------------------------------------------------------| | |56.0 |78.0 |Oxides |22.0 |18.33 |17 |2.74 |- | |---------------------------------------------------------------------| | |137.5|155.0|Oxides |17.5 |14.58 |604 |0.10 |- | |---------------------------------------------------------------------| | |242.0|257.0|Oxides |15.0 |12.50 |286 |10.42|- | |---------------------------------------------------------------------| |including|250.0|257.0|Oxides |7.0 |5.83 |202 |20.64|- | |---------------------------------------------------------------------| | |367.0|376.0|Sulphides |9.0 |4.50 |49 |7.31 |1.28| |---------------------------------------------------------------------| | |369.0|400.0|Sulphides |31.0 |25.00 |25 |2.27 |1.30| |---------------------------------------------------------------------| |DDH | | | | | | | | | |20-001 | | | | | | | | | |---------------------------------------------------------------------| | |146 |160 |Oxides |14.0 |11.20 |133 |0.10 |- | |---------------------------------------------------------------------| | |165 |191 |Oxides |26.0 |20.80 |264 |0.03 |- | |---------------------------------------------------------------------| | |261 |290 |Mixed |29.0 |23.20 |430 |4.30 |2.77| |---------------------------------------------------------------------| |including|261 |275 |Transition|14.0 |11.20 |197 |6.40 |2.53| |---------------------------------------------------------------------| |including|278 |282 |Sulphides |15.0 |12.00 |658 |2.35 |5.10| -----------------------------------------------------------------------
Note: True widths are estimated to be 80% of the interval widths.
About Diablillos
The 80 km2Diablillos property is located in the Argentine Puna region - the southern extension of the Altiplano of southern
Table 2 - 2018 Mineral Resource Estimate for the Oculto Deposit,
--------------------------------------------------------- |Category |Tonnage|Ag |Au |Contained Ag|Contained Au| | |(000 t)|(g/t)|(g/t)|(000 oz Ag) |(000 oz Au) | |-------------------------------------------------------| |Indicated|26,900 |93.0 |0.85 |80,300 |732 | |-------------------------------------------------------| |Inferred |1,000 |46.8 |0.89 |1,505 |29 | ---------------------------------------------------------
Effective
QA/QC and Core Sampling Protocols
AbraPlata applies industry standard exploration methodologies and techniques, and all drill core samples are collected under the supervision of the Company's geologists in accordance with industry practices. Drill core is transported from the drill platform to the logging facility where drill data is compared and verified with the core in the trays. Thereafter, it is logged, photographed, and split by diamond saw prior to being sampled. Samples are then bagged, and quality control materials are inserted at regular intervals; these include blanks and certified reference materials as well as duplicate core samples which are collected in order to measure sample representivity. Groups of samples are then placed in large bags which are sealed with numbered tags in order to maintain a chain-of-custody during the transport of the samples from the project site to the laboratory.
All samples are received by the SGS offices in Salta who then dispatch the samples to the SGS preparation facility in San Juan. From there, the prepared samples are sent to the SGS laboratory in
Qualified Persons
About AbraPlata
AbraPlata is a mineral exploration company with a diversified portfolio of silver-gold and copper exploration projects in
For further information please visit the
-------------------------------- |John Miniotis , President&CEO| | |john@abraplata.com | | |Tel: +1416-306-8334 | | | | | --------------------------------
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 expressed or implied by such forward-looking statements. All statements that address future plans, activities, events or developments that the Company believes, expects or anticipates will or may occur are forward-looking information. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.
Neither the
###
Copyright (c) 2020 TheNewswire - All rights reserved.
Copyright (c) 2020 TheNewswire - All rights reserved., source