AbraSilver Resource Corp. (ABBRF)

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AbraPlata Drills 10.20 g/t AuEq Over 2 m and Adds Second Drill Rig To Expand and Accelerate Exploration Program at Diablillos Project

Toronto - October 13, 2020: AbraPlata Resource Corp. (TSX.V:ABRA; OTCPK: ABBRF) ("AbraPlata" or the “Company”) is pleased to announce results from three diamond drill holes at its wholly-owned Diablillos in Salta Province, Argentina. Drilling was designed to test extensions beyond the currently defined mineral resources. The holes intersected numerous zones of gold and silver mineralisation within oxides beneath the current resource boundary. Two of the holes also intercepted zones of sulphide mineralisation hosting copper with associated gold and silver farther down the holes, beneath the oxide zones.

The Company has added a second drill rig at the Diablillos project and will be further expanding its 2019-2020 drill program from 8,000 m to approximately 13,000 m in response to successful drilling results to date and to test other high-priority exploration targets on the Diablillos property. The second drill rig is at site and is expected to commence drilling activities by the end of the week.