01:11:44 EDT Thu 25 Apr 2024
Enter Symbol
or Name
USA
CA



Abraplata Resource Corp
Symbol ABRA
Shares Issued 65,062,009
Close 2017-11-15 C$ 0.245
Market Cap C$ 15,940,192
Recent Sedar Documents

Abraplata receives Diablillos satellite survey data

2017-11-16 10:21 ET - News Release

Dr. Willem Fuchter reports

ABRAPLATA RECEIVES HIGHLY ACCURATE SATELLITE SURVEYING OF ITS DIABLILLOS PROPERTY IN NORTHWESTERN ARGENTINA

PhotoSat has completed satellite surveying of the silver-gold Diablillos project in the Salta province and delivered all the data to Abraplata Resource Corp. The surveying was carried out using stereo photos from the high-resolution DigitalGlobe WorldView-3 imaging satellite. The satellite survey consists of an elevation point every metre, contours with one-metre elevation intervals, and the review and verification of the survey co-ordinates of 245 drill holes on the property.

"We are pleased to have had access to the world's highest-quality image satellites and PhotoSat's cutting-edge satellite surveying technology to produce a high-quality base map for the Diablillos property," commented Abraplata's chairman, Hernan Zaballa. He added, "These data form the foundation for the ongoing preliminary economic assessment and will greatly assist in the compilation and interpretation of all past and current exploration data."

The PhotoSat survey was registered to the ground reference points collected by Abraplata. The survey elevations were converted to heights above the EGM2008 Geoid. Stereo WorldView-3 satellite photos were then taken on Sept. 12, 2017, and the data were processed by PhotoSat using its proprietary geophysical stereo satellite elevation system. PhotoSat produced surveyed elevation surfaces for the Diablillos property to an accuracy of 20 centimetres in elevation.

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 expanding and advancing its flagship Diablillos property, with an indicated resource of 81.3 million ounces silver and 755,000 ounces gold. 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 copper-molybdenum deposits. Further exploration work is also planned for the company's Samenta porphyry copper-molybdenum property south of First Quantum's TacaTaca project as well as its Aguas Perdidas gold-silver epithermal property.

Qualified person

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

We seek Safe Harbor.

© 2024 Canjex Publishing Ltd. All rights reserved.