Dr. Willem Fuchter reports

ABRAPLATA INTERSECTS 350G/T SILVER OVER 5M IN ADDITIONAL DRILLING AT ITS DIABLILLOS PROJECT IN ARGENTINA

Abraplata Resource Corp. has released results of the second batch of samples received from SGS laboratories for holes DDH-17-132, DDH-17-133 and DDH-17-134 recently completed at the Fantasma mineralized zone on its Diablillos property.

Drill hole DDH-17-134, which was collared 70 metres southeast of hole DDH-17-128 (subject of news release dated Aug. 1, 2017), intersected 193.7 grams per tonne silver over 11 m (from 92 m to 103 m down the hole), including 348.8 g/t Ag over five m (from 93 m to 98 m) in which a single sample returned 795 g/t Ag over one m. Additional mineralization was intersected further down the hole grading 102.7 g/t Ag over 19 m (from 133 m to 152 m), including two m at 330.0 g/t Ag. DDH-17-134 was angled at minus 60 degrees along an azimuth of 45 degrees and was designed to test steeply to vertically dipping mineralization striking northwest-southeast.

"Not only are we pleased to receive further confirmation of the tenor of mineralization at Fantasma, but a clearer picture of the control to the epithermal mineralization at Diablillos is emerging," commented Abraplata's executive chairman, Hernan Zaballa. "Furthermore, the drilling to date is indicating that the grades at Fantasma may be improving towards the southeast and in the direction of Oculto; and this, in turn, highlights the considerable potential for the addition of further resources to the resource picture at Oculto from the Fantasma and Laderas zones, as well as from the immediate environs of Oculto itself -- particularly in the south where mineralization is still open. We will continue to report on the results of this drilling as the assays become available from the laboratory and after the data have been compiled and analyzed."

Fantasma

The Fantasma mineralized zone is one of eight mineral occurrences on the property and lies about 600 m west of the Oculto orebody which currently hosts all the indicated resources reported for the property to date (see National Instrument 43-101 technical report dated Nov. 2, 2016, prepared by Roscoe Postle Associates Inc., which is filed under the company's profile on SEDAR). Silver-rich mineralization at Fantasma outcrops at surface beneath a thin veneer of alluvium and was identified by SSR Mining in 2012 from sampling done in five trenches over the Fantasma area. It followed up with four diamond drill holes angled at minus 60 degrees and intersected mineralization in all four holes. This mineralization, initially, appeared to be confined to two gently dipping, stacked layers about 20 m and 10 m in thickness, respectively, as indicated by hole DDH-12-126 which intersected 24.1 m at 117.6 g/t Ag in the upper zone and 11.7 m at 185.6 g/t Ag in the lower zone. This hypothesis also found some support in the Oculto deposit model where the mineralization appears to be confined to a flattened prolate body fed by vertically orientated feeder structures. However, Abraplata's hole DDH-17-128, which was drilled vertically and intersected mineralization grading 98.3 g/t Ag over 52.0 m, also intersected a number of vertically oriented, vuggy quartz veins. Moreover, Abraplata's vertical holes DDH-17-129, DDH-17-130 and DDH-17-131, which were located about 50 m due south, 70 m southwest and 50 m west of DDH-17-128, respectively, did not intersect mineralization and/or alteration suggesting that either: a) the gently dipping, stacked, mineralized layers do not extend to the south and southeast; or, and more likely, b) vertical structural control is more important at Fantasma and appears to be striking in a northwest-southeast direction.

DDH-17-132 and DDH-17-133 were collared about 100 m due west and 110 m west-northwest of DDH-17-128, respectively, and were designed to test alteration/mineralization along strike in a west-northwest direction as indicated by a previous reverse circulation hole, DAR-90-51, drilled by BHP Billiton in 1990. This hole returned results of 47.4 g/t Ag over eight m (from 10 m to 18 m), 46.3 g/t Ag over three m (from 46 m to 49 m) and 43.8 m over three m (from 105 m to 108 m). DDH-17-132 was angled at minus 60 degrees along an azimuth of 45 degrees, while DDH-17-133 was angled at minus 60 degrees along an azimuth of 225 degrees. DDH-17-132 intersected 58.1 g/t Ag over 11.35 m (from 52 m to 63.35 m), including 108.5 g/t Ag over two m (from 53 m to 55 m), and DDH-17-133 intersected 42.2 g/t Ag over seven m (from 71 m to 78 m).

Mineralization is associated with a silicified zone, and best results typically report with the banded and/or vuggy veins. A zone of argillic alteration surrounds the silicified core and the argillic zone may or may not have values associated with it.

Sampling procedures and quality control 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 are 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 Lima, Peru, where they are analyzed. All samples are analyzed using a multielement technique consisting of a four-acid digestion followed by ICP/AES detection, and gold is analyzed by 50 g fire assay with an AAS finish. Silver results greater than 100 g/t are reanalyzed using four-acid digestion with an ore grade AAS finish.

An independent party has been appointed to review and report on the quality assurance/quality control program at the project.

Qualified person

Dr. Willem Fuchter, PhD, PGeo, president and chief executive officer of Abraplata Resource, a qualified person as defined by National Instrument 43-101, has reviewed and approved the scientific and technical information contained in this news release.

About Abraplata Resource Corp.

Abraplata is a junior mining exploration company focused on delivering shareholder returns by unlocking mineral value in Argentina. The company's experienced management team has assembled an outstanding portfolio of gold, silver and copper exploration assets, and is focused on advancing its flagship Diablillos property, with an indicated resource of 81.3 million ounces Ag and 755,000 ounces Au, through the various stages of feasibility. In addition, Abraplata owns the highly prospective Cerro Amarillo property with its cluster of five mineralized copper-(molybdenum-gold) porphyry intrusions located in a mining camp hosting the behemoth El Teniente, Los Bronces and Los Pelambres porphyry Cu-Mo deposits. Further exploration work is also planned for the company's Samenta porphyry Cu-Mo property, located south of First Quantum's TacaTaca project, as well as its Aguas Perdidas Au-Ag epithermal property.

We seek Safe Harbor.