AbraSilver Resource Surges 12.5% as Argentina Drill Finds New Gold Zone – Q2 2027 Expansion Ahead

Market Performance

• Abrasilver Resource (ABRA.TO)
• Price increased 12.49 % during a 24‑hour period ending at 11:28 AM Central Europe on Thursday 22 March 2026.
• Current trading price is CAD 12.70.
• Total shares outstanding: 165.5 million.
• Market capitalisation: CAD 1.9 billion.
• Trading volume over the last 24 hours: CAD 18.5 million.
• Year‑to‑date performance since the end of the previous month: –8.04 %.
• 200‑day simple moving average: CAD 14.38.
• 52‑week high: CAD 19.89 (recorded 05 Nov 2026).
• 52‑week low: CAD 6.00 (recorded 10 Jul 2025).

Operational Update

• Recent Drill Results

• At the Oculto East target in Argentina, drill hole DDH‑26‑061 intersected a 228‑metre broad oxide‑hosted gold zone with a 66‑metre high‑grade core.

• The high‑grade zone is located below the current open‑pit design and extends beyond the present mineral resource model, indicating potential for additional mineralisation.

• Exploration Program

• Three diamond drill rigs are active on the Diablillos project.

• Phase VI exploration is expected to be completed by year‑end.

• Updated mineral resource estimates are planned for Q2 2027.

• A preliminary economic assessment of a Phase 2 heap‑leach expansion is anticipated in the coming weeks.

• Strategic Outlook

• The company maintains its schedule for a final investment decision in Q2 2027.

• First production is targeted for before the end of 2029.

Comparative Stock Activity (Last 24 Hours)

Company Overview

AbraSilver Resource Corp. is a Canadian materials‑sector company headquartered in Toronto. The company focuses on acquiring, exploring, and developing silver, gold, and copper assets. Its operations aim to leverage natural resources for economic development and long‑term shareholder value.