ABRAPLATA PROJECTS OVERVIEW

  • Diablillos
  • Cerro Amarillo
  • Samenta
  • Aguas Perdidas
diablillos site
Diablillos (Principal Project)

A highly prospective Epithermal Precious Epi thermal Precious Metal Project in the Province of Salta in northwestern Argentina

The property covers an area of 79km2

~85,000m of drilling in 448 drill holes

Indicated Resource of 27.7m tonnes @91.2g/t Ag and 0.85g/t Au

Containing 81.3m oz Ag and 755k oz Au

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cerro amarillo site
Cerro Amarillo

AbraPlata’s Cerro Amarillo porphyry Cu-Mo-Au project is located in the mining friendly department of Malarg├╝e in the Province of Mendoza. Cerro Amarillo lies on the southern end of the porphyry camp of “behemoth” Cu-Mo-Au porphyry deposits (El Teniente, Los Bronces, Los Pelambres, and Altar). In common with these behemoth deposits, Cerro Amarillo is a cluster of five distinct porphyry intrusions, four of which have mapped mineralization at surface.

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samenta site
Samenta

The Samenta property hosts two porphyry intrusions some 50km southwest of TacaTaca. As is the case at TacaTaca, these intrusions are high level porphyries with potential to host porphyry-style mineralization from the surface to considerable depths. Some trenches and a few shallow, first-stage drill holes have intersected mineralization above typical cut-off grades and over minable widths although continuity has not yet been demonstrated.

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agua perdidas site
Aguas Perdidas

Aguas Perdidas is located in Chubut Province. It is an epithermal Au-Ag project on which some USD2m has been spent on exploration, and is a walk-up drill target. While not the most favoured mining investment destination in Argentina at this time, the company believes that this may change in the foreseeable future, and is working with competent provincial authorities to further develop this project.

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map of properties
SAMENTA: Salta province
Samenta ‐ 1st stage of drilling intersected mineralization over mineable widths and above cut-off grades. Download the facts report.
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location
Diablillos: Salta province
Diablillos is Abraplata’s Principal project in the Salta Mining District. You can Download a property facts report here.
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location
CERRO AMARILLO: Mendoza province
Cerro Amarillo Cu-Mo-Au Porphyry Project in the Province of Mendoza in west central Argentina. Download a facts report here.
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location
AGUAS PERDIDAS: CHUBUT PROVINCE
Aguas Perdidas is a typical epithermal precious metal mineralization of “Patagonia” type. It’s a Walk-up drill target in benign terrain. Download a facts report here.
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location

With the rising global demand for natural resources and increasing pressure for environmental restraint pressure is building for mining operations to curtail production and new exploration. Abraplata Resource Corporation advocates a more responsible and sustainable model we like to call ‘Planet Conscious Mining’. Conscious mining recognizes that need will always demand supply. But the ‘status quo’ approach of unchecked excavation practices can make mining unsustainable and harmful to the environs and local populations. There is a better way. We believe if we take an approach as caretakers, rather than that of takers, our resources and the lands that contain them can see a more sustainable future, ensuring we are not stealing from the generations to follow.

WHY ARGENTINA?

With the change of administration after the last elections in late 2016, Argentina has undergone rapid economic and change which is revitalizing the economic outlook. In particular and with a view to attracting investment in the mining sector, the new administration has:

  • Revoked export taxes on mineral products
  • Liberalized forex markets and capital in-flows/out-flows
  • Simplified the importation of capital goods

In addition, mining is now relatively-well established in Argentina, and is:

  • The 12th largest gold producer worldwide with a significant precious-metal endowment
  • More than 10 mines have been brought into production over the last decade or so, with over 500,000 people employed, directly and indirectly, in the mining sector

Tax incentives, including:

  • Fiscal Stability (30 years)
  • Construction IVA (VAT) reimbursements
  • Accelerated depreciation
  • Moreover, Salta Province which hosts AbraPlata’s principal project, Diablillos, has been rated the #1 jurisdiction in Argentina (Fraser Institute, 2016)