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Abraplata (ABBRF)

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Last Post: 10/14/2020 12:14:25 PM - Followers: 8 - Board type: Free - Posts Today: 0

A Gold & Silver Exploration Company With Deep Roots

https://www.abraplata.com/
John Miniotis –President & CEO
john@abraplata.com
+1.416.306.8334



AbraPlata is an undervalued investment opportunity with an outstanding portfolio of silver, gold and copper projects in Argentina and Chile.

AbraPlata Resource Corp. is a Toronto-based mineral exploration company that offers investors exposure to silver, gold, and copper through projects at various stages of exploration, from drill-ready to PEA stage. AbraPlata provides major leverage to silver and gold through its 100% interest in the Diablillos project in the mining-friendly Salta province in Argentina.

Acquired from SSR Mining Inc. in 2016, the Diablillos project has had more than US$35 million spent on exploration and currently has an
Indicated resource: 140 million silver-equivalent (AgEq) ounces or 1.7 million g old-equivalent ounces (AuEq) .

A preliminary economic assessment ("PEA") was completed on Diablillos in 2018 to evaluate an open pit mining operation. The PEA demonstrated that Diablillos has the potential to be a significant producer of silver and gold with robust economics including an after-tax IRR of 30.2% and NPV 7.5% of US$212 million (at $20/oz silver and $1,300/oz gold). For further details, see report titled “Technical Report on the Diablillos Project, Salta Province, Argentina", dated April 16, 2018, was prepared by RPA Inc., and is available on www.SEDAR.com

Current work at Diablillos is focused on evaluating the possibility of an optimized project at Diablillos that targets the higher-grade mineralization, which is concentrated in structurally controlled zones. One compelling aspect of the optimized study is that it opens up exploration potential at depth and along strike.

In December 2019, AbraPlata merged with Aethon Minerals (TSXV: AET) through a plan of arrangement. The merger resulted in a strengthened company with SSR Mining and Altius Minerals as its largest shareholders. The merged company will remain focused on exploring and advancing the Diablillos project and will also have upside exposure through Aethon's Arcas copper-gold porphyry project in Chile, on which Rio Tinto has the right to earn a 75% interest by spending US$25 million.

Presentations:  
June 25 presentation

https://abraplata.com/_resources/presentations/corporate-presentation.pdf

Diablillos –Advanced District Scale Project

80km2property (100% AbraPlata) in Salta, Argentina

Indicated resource: 140 million silver-equivalent (AgEq) ounces or 1.7 million gold-equivalent ounces (AuEq) 1

Initial open pit PEA completed in 2018 with compelling economics (After-tax NPV of US$212M & 30% IRR)

Excellent Exploration Potential at Diablillos

Multiple mineralizes zones –epithermal gold-silver and porphyry copper-gold –with very little deep drilling to date

Drill program ongoing to expand gold-silver resources. Initial high-grade results include:

?7.0m at 20.6 g/t Au and 202 g/t Ag (oxides)
?17.5m at 604 g/t Ag (oxides)
?15.0m at 5.1% Cu, 2.35 g/t Au and 658 g/t Ag (sulphides)

Trading at a Significant Discount to Peers

Trading at only $0.14/oz AgEq vs. peer group of $0.42/oz AgEq

Assumes no value for other properties or new discoveries

Experienced Team & Supportive Shareholders
Altius Minerals and SSR Mining own 27% of outstanding shares

Eric Sprott currently investing for an 8% equity stake

Assets in Attractive Mining Jurisdictions

For 2019, Salta province ranked 4th overall for investment attractiveness in Latin America and Caribbean Basin

*Ranking ahead of countries such as: Mexico (6th), Brazil (9th) and Ecuador (13th)

AbraPlata’sportfolio of assets are located in 3 of the top 4 most attractive jurisdictions in Latin America

* Arcasproject in Chile (rank #1)
La Coipita project in San Juan, Argentina (rank #2)
Diabillillos project in Salta, Argentina (rank #4

2020 video:
https://youtu.be/MeOgITVhVAU

SHARE STRUCTURE:
 
Shares Outstanding Options Outstanding Warrants Outstanding
318 M 23 M
(avg. exercise at $0.12)
168 M
(avg. strike at $0.18)

Long-Term Supportive Shareholder Base

Insiders own ~38% of shares outstanding -    Altius Minerals* (15%), SSR Mining (12%) and Management/Board (3%)

 

 
     
     
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ABBRF News: Glenmark Capital Corp. (ABBRD: Grey Market) | Symbol Change 08/26/2013 01:00:30 AM
ABBRF News: Deleted Symbol 07/29/2013 01:00:39 AM
ABBRF News: Ex-Dividend 02/26/2013 08:00:31 PM
ABBRF News: Abbastar Resource Corp. (ABBRD: Grey Market) | Symbol Change 01/25/2013 01:02:17 AM
PostSubject
#107  Sticky Note June 25 presentation ThSeeker 06/28/20 01:06:33 PM
#123   NICE! Get some more eyes on this. Would ashy2classy 10/14/20 12:14:25 PM
#122   AbraPlata Engages Torrey Hills Capital ThSeeker 10/14/20 10:00:28 AM
#121   AbraPlata Drills 10.20 g/t AuEq Over 2 m ThSeeker 10/13/20 08:46:57 AM
#120   AbraPlata Commences 5,000 Metre Drilling Program at Diablillos ThSeeker 08/12/20 09:59:36 PM
#119   Looking good here! ashy2classy 08/03/20 12:10:01 PM
#118   Goldman Sachs, which has ditched its own $2,000 ThSeeker 07/28/20 08:04:57 AM
#117   SILVER SHORT SQUEEZE ALERT: Sprott Silver Trust To ThSeeker 07/21/20 08:17:30 AM
#116   AbraPlata Increases 2020 Exploration Program at Diablillos Silver-Gold Project ThSeeker 07/20/20 11:31:21 PM
#115   Looking good Abraplata. And has a long way ThSeeker 07/13/20 12:43:30 PM
#114   AbraPlata Closes $5.0 Million Private Placement with $3.0 ThSeeker 07/10/20 08:13:51 AM
#113   Silver Could Be At The Very Beginning Of ThSeeker 07/09/20 02:58:08 PM
#112   Added on the update. Thanks! ashy2classy 07/09/20 11:55:47 AM
#111   GIL update ThSeeker 07/09/20 11:52:09 AM
#110   Nice! Thanks for sharing! ashy2classy 07/09/20 10:38:56 AM
#109   AbraPlata Resource Corp. ( ABBRF (TSXV:ABRA ) ThSeeker 07/09/20 10:33:49 AM
#108   Good news. Thanks for sharing! ashy2classy 06/28/20 07:06:03 PM
#107   June 25 presentation ThSeeker 06/28/20 01:06:33 PM
#106   Brian Leni - Founder of Junior Stock Review ThSeeker 06/26/20 09:38:00 AM
#105   Reading that Eric Sprott talks about his recent ashy2classy 06/24/20 02:22:14 PM
#104   AbraPlata Upsizes Previously Announced Private Placement ThSeeker 06/23/20 04:16:59 PM
#103   Dig it. Congrats to you and thanks so ashy2classy 06/23/20 02:32:21 PM
#102   Very well could be for now. Longer term ThSeeker 06/23/20 02:29:47 PM
#101   Impossible to take any profits when the bid ashy2classy 06/23/20 01:40:26 PM
#100   Up with strong volume, good to see. ThSeeker 06/23/20 11:33:20 AM
#99   We are off to a great start this ThSeeker 06/23/20 09:36:35 AM
#98   AbraPlata Announces $4.0 Million Private Placement with Lead ThSeeker 06/23/20 09:08:10 AM
#97   Very important article on Silver Production ThSeeker 06/15/20 07:57:39 AM
#96   Vid on Silver 'most undervalued asset on planet' ThSeeker 06/14/20 12:28:46 PM
#95   Looking at news, I would say they have ThSeeker 06/02/20 11:09:34 PM
#94   Better source for the latest news ThSeeker 06/02/20 11:01:31 PM
#93   AbraPlata Commences Drilling at Diablillos Silver-Gold Project ThSeeker 06/02/20 10:40:05 PM
#92   Why hold silver related stocks? Interesting article ThSeeker 06/02/20 08:46:21 AM
#91   I don't know BUT I feel it ThSeeker 06/01/20 02:59:42 PM
#90   No doubt. Where you think this goes ST ashy2classy 06/01/20 02:17:59 PM
#89   That would be great but I don't care. ThSeeker 06/01/20 02:16:22 PM
#88   For sure. Hope the bid holds up. Still ashy2classy 06/01/20 01:57:58 PM
#87   Feeling pretty good on our entry basis for ThSeeker 06/01/20 01:13:52 PM
#86   OT. Hi guys I am checking out ThSeeker 05/30/20 09:15:41 AM
#85   Looks like the seller might be gone??? Money ashy2classy 05/28/20 11:55:53 AM
#84   This one looking good. B/A creeping up. ashy2classy 05/28/20 10:41:53 AM
#83   Ideal time to invest here. ThSeeker 05/26/20 03:27:29 PM
#82   Silver on the move. Good summary and ThSeeker 05/26/20 03:09:44 PM
#81   Abraplata is a silver play. Listen to this ThSeeker 05/22/20 12:08:16 PM
#80   Video on Silver with a key player Keith Neumeyer ThSeeker 05/20/20 10:32:21 AM
#79   Yes definitely good to see the bid holding up. ashy2classy 05/20/20 09:36:41 AM
#78   Like seeing the bid/ask currently in $.07s ThSeeker 05/20/20 09:32:56 AM
#77   Clearly A LOT of shares are being dumped ashy2classy 05/20/20 09:18:40 AM
#76   Strong volume today. ThSeeker 05/19/20 02:01:06 PM
#75   Great! News, it appears, is being rewarded ThSeeker 05/19/20 10:52:43 AM
#74   Silver and silver stocks are about to drop ThSeeker 05/19/20 10:34:41 AM
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