Welcome to our dedicated page for Abrasilver Resource news (Ticker: ABBRF), a resource for investors and traders seeking the latest updates and insights on Abrasilver Resource stock.
Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Abrasilver Resource's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.
Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Abrasilver Resource's position in the market.
AbraSilver Resource Corp. (OTCQX: ABBRF) has announced a substantial increase in Mineral Resources at its wholly-owned Diablillos property in Argentina. The updated estimate shows total Measured & Indicated resources of 104 million tonnes, containing 199 million ounces of silver and 1.72 million ounces of gold (350 million ounces silver-equivalent).
The resource update includes a 25% increase in contained silver to 186 Moz and a 14% increase in contained gold to 1.55 Moz in the tank leach category. Additionally, a maiden heap leach resource adds 31 million tonnes of lower-grade material containing 13 Moz silver and 162,000 oz gold.
The growth was primarily driven by significant extensions at the JAC deposit, where tonnage increased by 148%, and the Oculto deposit, which saw a 23% increase in tonnage. The company expects further resource expansion from its ongoing Phase V drill program, with another update anticipated in H1/2026.
FAQ
What is the current stock price of Abrasilver Resource (ABBRF)?
