AbraSilver Resource Corp. announced that drilling at the La Coipita copper-gold porphyry project in San Juan, Argentina has commenced. The initial drill program is expected to consist of two drill rigs, drilling a planned total of four holes, over 2,600 metres, focusing on the La Coipita target.

The drill program is fully funded by a subsidiary of Teck Resources Limited under the terms of the option and joint venture agreement, as per the Company's news release dated January 22, 2024. The La Coipita project is located in the San Juan Province in a geological setting similar to world-class deposits in the same belt, including the Filo del Sol and Los Azules projects, where porphyry style mineralisation is found immediately beneath epithermal mineralization. The initial drill program will test zones of high chargeability and conductivity below sericitic alteration at surface, in the lower-elevation area east of previous drilling.

The location of the two drill holes currently in progress, and the historical holes drilled by AbraSilver. Technical information in this news release has been approved by David O'Connor P.Geo., Chief Geologist for AbraSilver, and a Qualified Person as defined by National Instrument 43-101 Standards of Disclosure for Mineral Projects.