satellite surveying

AbraPlata receives highly accurate satellite surveying of its Diablillos property in northwestern Argentina

Nov 16, 2017
(Show News Item)

AbraPlata Resource Corp (TSX.V:ABRA; OTCQB: ABBRF; Frankfurt: 1AH) ("AbraPlata" or the "Company") is pleased to announce that PhotoSat has completed satellite surveying of the Ag-Au Diablillos Project in the Salta Province and delivered all the data to the company. 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 meter, contours with 1m elevation intervals, and the review and verification of the survey coordinates of 245 drill holes on the property.  View PDF

“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, adding that: “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 (Figure 1). The survey elevations were converted to heights above the EGM2008 Geoid (Figure 2). Stereo WorldView-3 satellite photos were then taken on September 12, 2017, and the data were processed by PhotoSat using their proprietary geophysical stereo satellite elevation system. PhotoSat produced surveyed elevation surfaces for the Diablillos property (Figure 3 and 4) to an accuracy of 20cm in elevation.


Figure 1 ‐ Plan view showing one of the ground control points (GCPs) used for the PhotoSat surveying


Figure 2 ‐ GCP set up and survey. Photo is looking southeast with Oculto and Laderas in the background.

About PhotoSat

Vancouver-based PhotoSat, founded in 1993, has invented a new technology to produce highly accurate satellite survey data. PhotoSat specializes in elevation surveying for civil engineering infrastructure projects and the planning and design of resource development projects. Their clients are oil and gas, mining, oil sands, engineering, and environmental companies and government agencies. PhotoSat’s expertise in geophysical data processing methods combined with extensive experience has resulted in the world’s most accurate satellite surveying. They have delivered over 850 surveying projects, and produce data with better than 20cm elevation accuracy. For more information about PhotoSat, visit www.photosat.ca


Figure 3 ‐ 3D image of the PhotoSat survey grid accurate to 20 cm in elevation. (image courtesy of PhotoSat


Figure 4 ‐ 3D image of the WorldView-3 satellite photo projected onto the 3D elevation surface (image courtesy of PhotoSat)

About AbraPlata

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 81.3m oz Ag and 755k oz Au. In addition, AbraPlata owns the highly prospective Cerro Amarillo property with its cluster of five mineralized Cu-(Mo-Au) porphyry intrusions located in a mining camp hosting the behemoth El Teniente, Los Bronces, and Los Pelambres porphyry Cu-Mo deposits. Further exploration work is also planned for the Company’s Samenta porphyry Cu-Mo property south of First Quantum’s TacaTaca project as well as its Aguas Perdidas Au-Ag epithermal property.

Qualified Person

Willem Fuchter, PhD PGeo, President & CEO of AbraPlata Resource Corp 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.

ON BEHALF OF THE BOARD
ABRAPLATA RESOURCE CORP.
"Willem Fuchter"
Willem Fuchter President & Chief Executive Officer

gold rich zone

AbraPlata defines gold-rich zone with up to 16.7g/t Au over 10.6m in the basement at its Diablillos property in Argentina

Nov 14, 2017
(Show News Item)

Planned drill program will test extent of newly interpreted gold-rich zone

AbraPlata Resource Corp (TSX.V:ABRA; OTCQB: ABBRF; Frankfurt: 1AH) ("AbraPlata" or the "Company") is pleased to announce that, following a comprehensive review of the geology and drill core, the Company has defined a gold-rich zone located in the lower part of the Oculto Ag-Au deposit in the southern half of the Diablillos property (Figure 1). This zone (Figure 2) is centered on drill hole DDH-97-007A (Figure 3) which intersected 2.7g/t Au & 15.6g/t Ag over 108m (from 197.2m down the hole), including 16.7g/t Au & 39.2g/t Ag over 10.6m (from 210m to 220.6m) in which a single sample returned 90.7g/t Au over 1.1m. The gold-rich zone measures approximately 300m by 50m (Figure 2), and lies both within the “regolith” breccia and below it in the basement (Figures 4 & 5), which has not been extensively drill tested. Furthermore, the zone is coincident with the recently identified structure that controls both the geometry and overall NE-SW trend of the Oculto deposit as a whole (Figure 2 and 5).  View PDF


Figure 1 ‐ Diablillos Project showing the mineralized system areas, prospects and geology

“The recent review of the drilling results by our consultant geologist has resulted in a new appreciation of the extent and grade of the gold-dominant mineralization in the basement rocks of the Oculto deposit,” commented AbraPlata’s Chairman, Hernan Zaballa, adding that: “The higher grades and large width of this zone highlights the considerable potential for delineating additional gold-rich resources in Oculto and the Company plans to drill new holes into this zone in the near future.”


Figure 2 ‐ Plan view showing the Oculto deposit and the gold rich zone

Metal zonation within the mineralized zones at Oculto ranges from Au (or Au-Cu) in the feeder veins in the basement rocks to Au-Ag and then Ag-Au in the bulk of the disseminated body hosted by the overlying volcanics to Ag-only higher up in the sequence. It is also clear from mapping outcrop and road cut and/or drill pad exposures that there is a strong structural control on mineralization and associated alteration, and that most of these control structures trend NE-SW and have near vertical dips. Both gold and silver mineralization appears to expand spatially where the steeply dipping structures intersect the basement/volcanic contact (Figure 5). In some cases, this expansion is also coextensive with a “regolith” conglomerate on the basement contact. However, this blanket appears to be dramatically thickened in a NE-SW trending trough, and is coincident with the dominant controlling structure and where this intersects the basement contact. It is possible that the regolith conglomerate is actually a misinterpretation of a hydrothermal breccia at the contact of the basement and steeply dipping control structures. In any case, this zone has a strong influence on the enhancement of mineralization both spatially and with respect to better gold grades (Figure 5).


Figure 3 ‐ Drill section through the gold rich zone at the Oculto deposit

The geological model cross-section shown in Figure 5 provides an explanation with regard to the controls to the gold-rich zone which is open to the NE and SW as well as at depth. A planned drill program aims to delineate the extent and grade of this gold-rich zone.

04longitudinalsection.jpg
Figure 4 ‐ Longitudinal section through the Oculto deposit


Figure 5 ‐ Geological model cross section of the Oculto deposit

Qualified Person

Willem Fuchter, PhD PGeo, President & CEO of AbraPlata Resource Corp 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.

About AbraPlata

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 81.3m oz Ag and 755k oz Au, through the various stages of feasibility. In addition, AbraPlata owns the highly prospective Cerro Amarillo property with its cluster of five mineralized Cu-(Mo-Au) porphyry intrusions located in a mining camp hosting the behemoth El Teniente, Los Bronces, and Los Pelambres porphyry Cu-Mo deposits. Further exploration work is also planned for the Company’s Samenta porphyry Cu-Mo property south of First Quantum’s TacaTaca project as well as its Aguas Perdidas Au-Ag epithermal property.

ON BEHALF OF THE BOARD
ABRAPLATA RESOURCE CORP.
"Willem Fuchter"
Willem Fuchter
President & Chief Executive Officer

Retains Alpha Advisory

AbraPlata Retains Alpha Advisory for Investor Relations Services

Nov 3, 2017
(Show News Item)

AbraPlata Resource Corp (TSX.V:ABRA; OTCQB: ABBRF; Frankfurt: 1AH) ("AbraPlata" or the "Company") is pleased to announce that it has retained Alpha Advisory Services Inc ("Alpha") to provide investor relations and consulting services on a non-exclusive basis. The principal of Alpha is Rob Bruggeman.  View PDF

In exchange for investor relations services, subject to TSX Venture Exchange approval, Alpha will receive a monthly retainer of $7,500. The Company will also grant to Alpha an option to purchase 300,000 common shares for a period of five years, subject to vesting and termination provisions pursuant to the Company’s Stock Option Plan and TSX Venture Exchange policies. Alpha’s engagement may be terminated at any time on 30-day advance notice. Alpha and Mr. Bruggeman do not currently have any direct or indirect interest in the Company.

The objective of the contract with Alpha Advisory is to grow investor and market awareness of the Company in North America and Europe as it advances Diablillos and its other properties.

About Alpha Advisory Services Inc.

Alpha Advisory Services Inc. provides investor relations services and corporate development advice to junior mining companies with strong technical teams and attractive projects in mining-friendly jurisdictions. Robert Bruggeman, the principal consultant for Alpha, has over twenty years' experience in equity research, proprietary trading, institutional equity sales, and corporate strategy. His expertise spans from engineering to corporate finance and he is both a licensed professional engineer and a CFA charter holder.

About AbraPlata

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 advancing its flagship Diablillos property, with an indicated resource of 81.3m oz Ag and 755k oz Au, through the various stages of feasibility. In addition, AbraPlata owns the highly prospective Cerro Amarillo property with its cluster of five mineralized Cu-(Mo-Au) porphyry intrusions located in a mining camp hosting the behemoth El Teniente, Los Bronces, and Los Pelambres porphyry Cu-Mo deposits. Further exploration work is also planned for the Company’s Samenta porphyry Cu-Mo property south of First Quantum’s TacaTaca project as well as its Aguas Perdidas Au-Ag epithermal property.

ON BEHALF OF THE BOARD
ABRAPLATA RESOURCE CORP.
"Willem Fuchter"
Willem Fuchter
President & Chief Executive Officer

additional mineralized targets

AbraPlata identifies additional mineralized targets at the Oculto Ag-Au deposit on its Diablillos property in northwestern Argentina

Nov 2, 2017
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AbraPlata Resource Corp (TSX.V:ABRA; OTCQB: ABBRF; Frankfurt: 1AH) ("AbraPlata" or the "Company") is pleased to announce that its geological consultant has completed his review of the Diablillos property, and has identified seven new zones that will be drill tested for extensions to existing resources at the Oculto deposit on the Diablillos property (Figure 1) in the Province of Salta in Argentina. Black elipses shown on Figure 2 are open ended resource targets from previous drilling, while the red rectangles are recently identified structures that appear to control mineralization as evidenced from the mapping of breccia and alteration as well as the logging of previously drilled holes. View PDF


Figure 1 ‐ Diablillos Project showing the mineralized system areas, prospects and drill collars, overlying a 1m DEM.

“While RPA of Toronto had previously recognized the need for additional drilling on the property and had recommended further work on Oculto and its satellite deposits in their 43-101 compliant Technical Report published in November last year, we are nevertheless excited that the current review has not only confirmed this but has resulted in a coherent and practical drill proposal for some 8000m of additional drilling at Oculto,” commented AbraPlata’s Executive Chairman, Hernan Zaballa. “This has the distinct potential to add substantially and significantly to the resource picture at Oculto”.

02compiledtargets.jpg
Figure 2 ‐ Compiled targets generated from recent field work at the Diablillos Project.

AbraPlata’s geological consultant, Nicholas Tate, is an experienced epithermal and porphyry geologist with international experience who has spent five weeks on the property remapping and relogging key areas and drill holes, and compiling new as well as existing data. His findings have indicated that zones of silica-alunite alteration and associated mineralization appear to be structurally controlled with many of the alteration zones enveloping hydrothermal breccias or veins and fracture networks filled with alunite and/or amorphous silica. The silica-alunite alteration extends only a few meters outside of the control structure and passes into a weak to pervasive argillic alteration halo in the andesitic host rock.


Figure 3 ‐ Geological Model Cross Section of the Oculto Deposit.

Much of the control structures trend NE-SW and have near vertical dips. There appears to be a lateral expansion of both Au and Ag mineralization where the steep structures intersect the basement contact (Figure 3). In some areas, this involves a “regolith” conglomerate on the basement contact while in other areas it extends well into the basement. The regolith blanket appears to be dramatically thickened in a NE-trending trough that corresponds to the position of one of the dominant control structures (Figure 4), and it is possible that the regolith conglomerate is actually a misinterpretation of a hydrothermal breccia at the contact of the basement and steeply dipping control structures.


Figure 4 ‐ Oculto Deposit 3D ore shells (Silver and Gold).

Since much of the previous drilling focused on stratigraphically controlled mineralization, there are many areas where the steeply dipping control structures have not been adequately defined and remain open, both along strike as well as at depth (Figure 2). In addition, it was previously assumed that the volcanics were the favoured hosts for the mineralization and previous drilling therefore did not extend far into the basement. Since it now appears that the steep structures are the dominant control and that grades are often better in the basement, there are numerous opportunities to drill higher grade, structurally controlled mineralization in the basement.

Accordingly, a program of 7950m is being planned with most holes to be drilled by reverse circulation (RC) to a maximum depth of 250m while a few diamond drill holes (DDH) will be drilled to a maximum depth of 350m. The majority of the holes will focus on closing-off open-ended known mineralization with the new perspective of structural control that has emerged. A few speculative holes will target the breccia basement intersections.

Qualified Person

Willem Fuchter, PhD PGeo, President & CEO of AbraPlata Resource Corp 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.

About AbraPlata

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 advancing its flagship Diablillos property, with an indicated resource of 81.3m oz Ag and 755k oz Au, through the various stages of feasibility. In addition, AbraPlata owns the highly prospective Cerro Amarillo property with its cluster of five mineralized Cu-(Mo-Au) porphyry intrusions located in a mining camp hosting the behemoth El Teniente, Los Bronces, and Los Pelambres porphyry Cu-Mo deposits. Further exploration work is also planned for the Company’s Samenta porphyry Cu-Mo property south of First Quantum’s TacaTaca project as well as its Aguas Perdidas Au-Ag epithermal property.

ON BEHALF OF THE BOARD
ABRAPLATA RESOURCE CORP.
"Willem Fuchter"
Willem Fuchter
President & Chief Executive Officer

Fantasma Mineralized Zone

AbraPlata Reports Latest Drill Results for the Fantasma Mineralized Zone at the Diablillos Project in Argentina

Oct 19, 2017
(Show News Item)

AbraPlata Resource Corp. (TSX.V:ABRA; OTCQB: ABBRF; Frankfurt: 1AH) ("AbraPlata" or the "Company") is pleased to report results of the latest drill results from the Fantasma Mineralized Zone on its Diablillos property in northwestern Argentina.  View PDF

Hole DDH-17-152, which was collared 130m WSW of hole DDH-17-128 (the first hole of the current campaign and subject of news release dated August 1, 2017), intersected 89.6g/t Ag over 9m (from 109m – 118m down the hole), including 227.0g/t Ag over 2m (from 112m – 114m). Drilling to date at Fantasma has indicated mineralization and alteration over a 400m zone oriented along a WNW trend. A high grade core (~100-150g/t Ag) manifests itself in the SE half of this zone (Figure 1) and appears to have a strike of some 200m (Figure 1) and a width of about 30m (Figure 2). This high grade core is open to the ESE towards the Oculto deposit some 600m to the E of the Fantasma Zone, and the higher grade core seems to plunge down below lower grade mineralization (30-60 g/t Ag) towards the WNW.

fantasma
Figure 1 ‐ Plan view showing Fantasma drilling to date

“These results have been sent to RPA Inc of Toronto for inclusion in the PEA which is currently underway,” commented AbraPlata’s Executive Chairman, Hernan Zaballa. “Moreover, we plan to continue to drill-off mineralization towards the ESE at Fantasma, before moving the rig to the other satellite deposits on the property”.

fantasma lithology
Figure 2 ‐ Cross section looking west indicating lithology and silver values

Sampling Procedures & Quality Control Protocols

AbraPlata applies industry standard exploration methodologies and techniques, and all drill core samples are collected under the supervision of the Company’s geologists in accordance with industry practices. Drill core is transported from the drill platform to the logging facility where drill data is compared and verified with the core in the trays. Thereafter, it is logged, photographed, and split by diamond saw prior to being sampled. Samples are then bagged, and quality control materials are inserted at regular intervals; these include blanks and certified reference materials as well as duplicate core samples which are collected in order to measure sample representivity. Groups of samples are then placed in large bags which are sealed with numbered tags in order to maintain a chain-of-custody during the transport of the samples from the project site to the laboratory.

All samples are received by the SGS offices in Salta who then dispatch the samples to the SGS preparation facility in San Juan. From there, the prepared samples are sent to the SGS laboratory in Lima, Peru where they are analyzed. All samples are analyzed using a multi-element technique consisting of a four acid digestion followed by ICP/AES detection, and gold is analyzed by 50g Fire Assay with an AAS finish. Silver results greater than 100g/t are reanalyzed using four acid digestion with an ore grade AAS finish.

An independent party has been appointed to review and report on the QA/QC program at the project.

Qualified Person

Willem Fuchter, PhD PGeo, President & CEO of AbraPlata Resource Corp. and a qualified person as defined by National Instrument 43-101 Standards of Disclosure for Mineral Projects, has reviewed and approved the scientific and technical information contained in this news release.

About AbraPlata

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 advancing its flagship Diablillos property, with an indicated resource of 81.3m oz Ag and 755k oz Au, through the various stages of feasibility. In addition, AbraPlata owns the highly prospective Cerro Amarillo property with its cluster of five mineralized Cu-(Mo-Au) porphyry intrusions located in a mining camp hosting the behemoth El Teniente, Los Bronces, and Los Pelambres porphyry Cu-Mo deposits. Further exploration work is also planned for the Company’s Samenta porphyry Cu-Mo property south of First Quantum’s TacaTaca project as well as its Aguas Perdidas Au-Ag epithermal property.

ON BEHALF OF THE BOARD ABRAPLATA RESOURCE CORP.
"Willem Fuchter"
Willem Fuchter President & Chief Executive Officer

Retains Venture Liquidity

AbraPlata Retains Venture Liquidity Providers Inc as Market Maker

Oct 13, 2017
(Show News Item)

AbraPlata Resource Corp (TSX.V:ABRA; OTCQB: ABBRF; Frankfurt: 1AH) ("AbraPlata" or the "Company") is pleased to announce that it has, subject to regulatory approval, retained Venture Liquidity Providers Inc ("VLP") to initiate its market-making service to provide assistance in maintaining an orderly trading market for the common shares of the company.  View PDF

The market-making service will be undertaken by VLP through a registered broker, WD Latimer Co Ltd ("WD Latimer") , in compliance with the applicable policies of the TSX Venture Exchange and other applicable laws. For its services, the corporation has agreed to pay VLP $5,000 per month for a period of 12 months. The agreement may be terminated at any time by the Company or VLP. AbraPlata and VLP act at arm's length, and VLP has no present interest, directly or indirectly, in the Company or its securities. The finances and the shares required for the market-making service are provided by WD Latimer. The fee paid by the company to VLP is for services only.

VLP is a specialized consulting firm based in Toronto providing a variety of services focused on TSX-V-listed issuers.

About AbraPlata

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 advancing its flagship Diablillos property, with an indicated resource of 81.3m oz Ag and 755k oz Au, through the various stages of feasibility. In addition, AbraPlata owns the highly prospective Cerro Amarillo property with its cluster of five mineralized Cu-(Mo-Au) porphyry intrusions located in a mining camp hosting the behemoth El Teniente, Los Bronces, and Los Pelambres porphyry Cu-Mo deposits. Further exploration work is also planned for the Company’s Samenta porphyry Cu-Mo property south of First Quantum’s TacaTaca project as well as its Aguas Perdidas Au-Ag epithermal property.

ON BEHALF OF THE BOARD ABRAPLATA RESOURCE CORP.
"Willem Fuchter"
Willem Fuchter President & Chief Executive Officer

engages red cloud

AbraPlata Engages Red Cloud to Provide Corporate Advisory Services

Oct 11, 2017
(Show News Item)

AbraPlata Resource Corp. (TSX.V: ABRA; OTCQB: ABBRF; Frankfurt: 1AH) ("AbraPlata" or the "Company") is pleased to announce that it has entered into a non-exclusive agreement with Red Cloud Klondike Strike Inc ("Red Cloud" or "RCKS") for the provision of capital markets advisory services to the Company.  View PDF

“We are pleased to have executed an advisory agreement with Red Cloud,” commented AbraPlata’s Executive Chairman, Hernan Zaballa. “Retaining an experienced and dynamic advisory team so early in the evolution of AbraPlata’s history is a key step in the process of developing strategic opportunities and market exposure that will help create real value for the Company’s shareholders”.

About Red Cloud Klondike Strike Inc.

Red Cloud is an exempt market dealer focused on providing unique and innovative financing alternatives, growth opportunities, and market exposure for select companies. The RCKS team has a mix of technical and financial expertise with over 100 cumulative years of combined mining and corporate finance experience. Working as an extension of management, the Red Cloud team uses its global network and extensive in-house experience to help companies identify sources of capital and quality actionable merger, acquisition, and divesture opportunities, and to generate and maintain important relationships with key investors.

About AbraPlata

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 advancing its flagship Diablillos property, with an indicated resource of 81.3m oz Ag and 755k oz Au, through the various stages of feasibility. In addition, AbraPlata owns the highly prospective Cerro Amarillo property with its cluster of five mineralized Cu-(Mo-Au) porphyry intrusions located in a mining camp hosting the behemoth El Teniente, Los Bronces, and Los Pelambres porphyry Cu-Mo deposits. Further exploration work is also planned for the Company’s Samenta porphyry Cu-Mo property south of First Quantum’s TacaTaca project as well as its Aguas Perdidas Au-Ag epithermal property.

ON BEHALF OF THE BOARD ABRAPLATA RESOURCE CORP.
"Willem Fuchter"
Willem Fuchter President & Chief Executive Officer

intersects Ag at Diablillos

AbraPlata intersects 1237g/t Ag in ongoing drilling at Diablillos in Argentina

Sep 12, 2017
(Show News Item)

AbraPlata Resource Corp. (TSX.V:ABRA; OTCQB: ABBRF; Frankfurt: 1AH) ("AbraPlata" or the "Company") is pleased to report that it intersected 168.5g/t Ag over 29m (from 74m – 104m down the hole), including 707.0g/t Ag over 3m (from 79m – 82m) in which a single sample returned 1237g/t Ag over 1m in ongoing drilling at the Fantasma Mineralized Zone on its Diablillos property in northwestern Argentina. These results form part of the third batch of samples received from SGS laboratories (see Table 1) for holes DDH-17-137 through DDH-17-142 (Figures 1, 2, & 3), and refer to hole DDH-17-142 (Figure 1) which was collared 65m due W of DDH-17-128 (the first hole of the current campaign and subject of news release dated August 1, 2017); DDH-17-142 was angled at -60° along an azimuth of 045°. View PDF

0020170907FantasmaSignificantInterceptsPressRelease.jpg
Table 1 ‐ Significant assay results at Fantasma from hole DDH-17-135 to hole DDH-17-142.

0120170906PressReleasefig1section0101.jpg
Figure 1 ‐ Cross section through diamond drill hole DDH-17-142 indicating lithology and silver values.

Hole DDH-17-141 (Figure 2), which was collared 30m SW of DDH-17-128 and was also angled at -60° along an azimuth of 045°, intersected 159.0g/t Ag over 8m (from 53m – 61m), including a single sample that returned 519g/t Ag over 1m. Hole DDH-17-140 (Figure 2), collared 50m N of DDH-17-128, intersected 94.6g/t Ag over 30m (from 28m – 58m), including 243.7g/t Ag over 3m (from 36m – 39m), and was angled at -50° along an azimuth of 225°. Hole DDH-17-137 (Figure 3), collared some 150m due E of hole DDH-17-128, was angled at -60° along an azimuth of 225°, and intersected 208.2g/t Ag over 19m (from 62m – 81m down the hole), including 382.0g/t Ag over 7m (from 69m – 76m) in which a single sample returned 622g/t Ag over 1m. Holes DDH-17-138 and DDH-017-139 encountered zones of alteration but did not intersect any significant mineralization.

0220170906PressReleasefig2section0201.jpg
Figure 2 ‐ Cross section through diamond drill holes DDH-17-140 and DDH-17-141 indicating lithology and silver values.

“We are extremely pleased that the results from the lab continue to build a picture of a spatially coherent body of mineralization at Fantasma,” commented AbraPlata’s Executive Chairman, Hernan Zaballa. “Moreover, the data received to date suggest that a core of mineralization, grading in the region of 100 – 200g/t Ag, underlies the lower grade zone of mineralization of some 30 – 60g/t Ag intersected closer to surface in the upper part of previously reported holes NW of reference hole DDH-17-128”.


Figure 3 ‐ Cross section through diamond drill hole DDH-17-137 indicating lithology and silver values.

Sampling Procedures & Quality Control Protocols

AbraPlata applies industry standard exploration methodologies and techniques, and all drill core samples are collected under the supervision of the Company’s geologists in  accordance with industry practices. Drill core is transported from the drill platform to the logging facility where drill data is compared and verified with the core in the trays. Thereafter, it is logged, photographed, and split by diamond saw prior to being sampled. Samples are then bagged, and quality control materials are inserted at regular intervals; these include blanks and certified reference materials as well as duplicate core samples which are collected in order to measure sample representivity. Groups of samples are then placed in large bags which are sealed with numbered tags in order to maintain a chain-of-custody during the transport of the samples from the project site to the laboratory.

All samples are received by the SGS offices in Salta who then dispatch the samples to the SGS preparation facility in San Juan. From there, the prepared samples are sent to the SGS laboratory in Lima, Peru where they are analyzed. All samples are analyzed using a multi-element technique consisting of a four acid digestion followed by ICP/AES detection, and gold is analyzed by 50g Fire Assay with an AAS finish. Silver results greater than 100g/t are reanalyzed using four acid digestion with an ore grade AAS finish.

An independent party has been appointed to review and report on the QA/QC program at the project.

Qualified Person

Willem Fuchter, PhD PGeo, President & CEO of AbraPlata Resource Corp. and a qualified person as defined by National Instrument 43-101 Standards of Disclosure for Mineral Projects, has reviewed and approved the scientific and technical information contained in this news release.

About AbraPlata

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 advancing its flagship Diablillos property, with an indicated resource of 81.3m oz Ag and 755k oz Au, through the various stages of feasibility. In addition, AbraPlata owns the highly prospective Cerro Amarillo property with its cluster of five mineralized Cu-(Mo-Au) porphyry intrusions located in a mining camp hosting the behemoth El Teniente, Los Bronces, and Los Pelambres porphyry Cu-Mo deposits. Further exploration work is also planned for the Company’s Samenta porphyry Cu-Mo property south of First Quantum’s TacaTaca project as well as its Aguas Perdidas Au-Ag epithermal property.

ON BEHALF OF THE BOARD
ABRAPLATA RESOURCE CORP.
"Willem Fuchter"
Willem Fuchter
President & Chief Executive Officer

Acquires Overlapping Mineral Rights

Abraplata Acquires Overlapping Mineral Rights to Preserve Title to the Diablillos Ag-Au Project in Argentina

Sep 6, 2017
(Show News Item)

AbraPlata Resource Corp ("AbraPlata" or the "Company") (TSX-V: ABRA; OTCQB: ABBRF; Frankfurt: 1AH) is pleased to announce that it has completed the definitive documentation necessary to acquire all of the issued and outstanding shares  of Minera Cerro Bayo SA (“Cerro Bayo”), a privately held  Argentine company. The transaction was originally announced in the Company's news release dated July 12, 2017. Cerro Bayo owns certain mineral rights that, as a result of a long-standing border dispute between two neighbouring provinces in northwestern Argentina, overlap and potentially conflict with the Company's mineral rights to its Diablillos Ag-Au project. The acquisition of the potentially conflicting mineral rights through the acquisition of Cerro Bayo means that the Company will retain its title to the Diablillos Ag-Au project regardless of the ultimate outcome of the provincial border dispute. View PDF

Terms of the transaction call for the Company to pay a total of US$3,325,000 in cash and issue 500,000 common shares of the Company to the sellers of Cerro Bayo in instalments over a five year period. The transaction is subject to approval by the TSX Venture Exchange.

Additional details respecting the provincial border dispute and the potentially conflicting titles to the Diablillos property can be found in the Company's news release dated July 12, 2017 and the Filing Statement dated March 1, 2017, copies of which are filed under the Company's profile on SEDAR (www.sedar.com).

About AbraPlata

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 advancing its flagship Diablillos property, with an indicated resource of 81.3m oz Ag and 755k oz Au, through the various stages of feasibility.  In addition, AbraPlata owns the  the highly prospective Cerro Amarillo property with its cluster of five mineralized Cu-(Mo-Au) porphyry intrusions located in a mining camp hosting the behemoth El Teniente, Los Bronces, and Los Pelambres porphyry Cu-Mo deposits. Further exploration work is also planned for the Company’s Samenta porphyry Cu-Mo property, located south of First Quantum’s TacaTaca project, as well as its Aguas Perdidas Au-Ag epithermal property.

ON BEHALF OF THE BOARD
ABRAPLATA RESOURCE CORP.
"Willem Fuchter"
Willem Fuchter
President & Chief Executive Officer

AbraPlata Intersects

AbraPlata Intersects 350g/t Silver over 5m in additional drilling at its Diablillos Project in Argentina

Aug 29, 2017
(Show News Item)

AbraPlata Resource Corp. (TSX.V:ABRA; OTCQB: ABBRF; Frankfurt: 1AH) ("AbraPlata" or the "Company") is pleased to report results of the second batch of samples received from SGS laboratories for holes DDH-17-132, DDH-17-133, and DDH-17-134 recently completed at the Fantasma Mineralized Zone on its Diablillos property (Figure 1).  View PDF


Figure 1 ‐ The Diablillos Ag-Au property showing the various mineralized occurrences, including the Oculto Deposit, which hosts the current indicated resources reported for the property.

Drill hole DDH-17-134 (Figure 2), which was collared 70m SE of hole DDH-17-128 (subject of news release dated August 1, 2017), intersected 193.7g/t Ag over 11m (from 92m – 103m down the hole), including 348.8g/t Ag over 5m (from 93m – 98m) in which a single sample returned 795g/t Ag over 1m. Additional mineralization was intersected further down the hole grading 102.7g/t Ag over 19m (from 133m – 152m), including 2m at 330.0g/t Ag (Figure 3). DDH-17-134 was angled at -60° along an azimuth of 045°, and was designed to test steeply- to vertically-dipping mineralization striking NW-SE.

“Not only are we pleased to receive further confirmation of the tenor of mineralization at Fantasma, but a clearer picture of the control to the epithermal mineralization at Diablillos is emerging,” commented AbraPlata’s Executive Chairman, Hernan Zaballa. “Furthermore, the drilling to date is indicating that the grades at Fantasma may be improving towards the SE and in the direction of Oculto; and this, in turn, highlights the considerable potential for the addition of further resources to the resource picture at Oculto from the Fantasma and Laderas zones, as well as from the immediate environs of Oculto itself – particularly in the S where mineralization is still open. We will continue to report on the results of this drilling as the assays become available from the laboratory and after the data have been compiled and analyzed”.


Figure 2 ‐ Plan view of Fantasma drilling to date

Fantasma

The Fantasma Mineralized Zone is one of eight mineral occurrences on the property (Figure 1), and lies some 600m west of the Oculto orebody which currently hosts all the indicated resources reported for the property to date (see 43-101 Technical Report dated November 2, 2016 prepared by Roscoe Postle Associates Inc which is filed under the Company’s profile on SEDAR). Silver-rich mineralization at Fantasma outcrops at surface beneath a thin veneer of alluvium, and was identified by SSR Mining in 2012 from sampling done in five trenches over the Fantasma area. They followed up with four diamond drill holes angled at -60° (Figure 3), and intersected mineralization in all four holes. This mineralization, initially, appeared to be confined to two gently dipping, stacked layers some 20m and 10m in thickness respectively as indicated by hole DDH-12-126 which intersected 24.1m @ 117.6g/t Ag in the upper zone and 11.7m @ 185.6g/t Ag in the lower zone. This hypothesis also found some support in the Oculto deposit model where the mineralization appears to be confined to a flattened prolate body fed by vertically-orientated feeder structures. However, AbraPlata’s hole DDH-17-128 (Figure 3), which was drilled vertically and intersected mineralization grading 98.3g/t Ag over 52.0m, also intersected a number of vertically-oriented, vuggy quartz veins. Moreover, AbraPlata’s vertical holes DDH-17-129, DDH-17-130, and DDH-17-131, which were located some 50m due S, 70m SW, and 50m W of DDH-17-128 respectively (Figure 2), did not intersect mineralization and/or alteration suggesting that either: a) the gently dipping, stacked, mineralized layers do not extend to the S and SE; or, and more likely, b) vertical structural control is more important at Fantasma, and appears to be striking in an NW-SE direction.


Figure 3 ‐ Cross section through diamond drill hole DDH-17-134 indicating lithology and silver values. Note the results of the the previous four drilled holes (2012) to the NW of DDH-17-134.

DDH-17-132 and DDH-17-133 were collared some 100m due W and 110m WNW of DDH-17-128 respectively, and were designed to test alteration/mineralization along strike in a WNW direction as indicated by a previous reverse circulation hole, DAR-90-51, drilled by BHP Billiton in 1990 (Figure 2). This hole returned results of 47.4g/t Ag over 8m (from 10m – 18m), 46.3g/t Ag over 3m (from 46m – 49m), and 43.8m over 3m (from 105m – 108m). DDH-17-132 was angled at -60° along an azimuth of 045°, while DDH-17-133 was angled at -60° along an azimuth of 225° (Figure 4). DDH-17-132 intersected 58.1g/t Ag over 11.35m (from 52m – 63.35m), including 108.5g/t Ag over 2m (from 53m – 55m), and DDH-17-133 intersected 42.2g/t Ag over 7m (from 71m – 78m).

Mineralization is associated with a silicified zone, and best results typically report with the banded and/or vuggy veins (Figure 5). A zone of argillic alteration surrounds the silicified core; and, the argillic zone may or may not have values associated with it.


Figure 4 ‐ Cross section through diamond drill hole DDH-17-132 and DDH-17-133 indicating lithology and silver values. Note the results of the previous RC hole (1990) to the E of DDH-17-132 and DDH-17-133.


Figure 5 ‐ Split core from DDH-17-134 (152.0m - 152.1) showing alternating fine bands parallel to vein walls, grading 544 g/t Ag.

The proximity of the Fantasma mineralization to the Oculto deposit is clearly shown in Figure 6.

0620170824PressReleasefig601.jpg
Figure 6 ‐ Drill rig at Fantasma during the July 2017 drill campaign. Drill pads at Oculto deposit can be seen in the background.

Sampling Procedures & Quality Control Protocols

AbraPlata applies industry standard exploration methodologies and techniques, and all drill core samples are collected under the supervision of the Company’s geologists in  accordance with industry practices. Drill core is transported from the drill platform to the logging facility where drill data is compared and verified with the core in the trays. Thereafter, it is logged, photographed, and split by diamond saw prior to being sampled. Samples are then bagged, and quality control materials are inserted at regular intervals; these include blanks and certified reference materials as well as duplicate core samples which are collected in order to measure sample representivity. Groups of samples are then placed in large bags which are sealed with numbered tags in order to maintain a chain-of-custody during the transport of the samples from the project site to the laboratory.

All samples are received by the SGS offices in Salta who then dispatch the samples to the SGS preparation facility in San Juan. From there, the prepared samples are sent to the SGS laboratory in Lima, Peru where they are analyzed. All samples are analyzed using a multi-element technique consisting of a four acid digestion followed by ICP/AES detection, and gold is analyzed by 50g Fire Assay with an AAS finish. Silver results greater than 100g/t are reanalyzed using four acid digestion with an ore grade AAS finish.

An independent party has been appointed to review and report on the QA/QC program at the project.

Qualified Person

Willem Fuchter, PhD PGeo, President & CEO of AbraPlata Resource Corp. and a qualified person as defined by National Instrument 43-101 Standards of Disclosure for Mineral Projects, has reviewed and approved the scientific and technical information contained in this news release.

About AbraPlata

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 advancing its flagship Diablillos property, with an indicated resource of 81.3m oz Ag and 755k oz Au, through the various stages of feasibility. In addition, AbraPlata owns the highly prospective Cerro Amarillo property with its cluster of five mineralized Cu-(Mo-Au) porphyry intrusions located in a mining camp hosting the behemoth El Teniente, Los Bronces, and Los Pelambres porphyry Cu-Mo deposits. Further exploration work is also planned for the Company’s Samenta porphyry Cu-Mo property south of First Quantum’s TacaTaca project as well as its Aguas Perdidas Au-Ag epithermal property.

ON BEHALF OF THE BOARD
ABRAPLATA RESOURCE CORP.
"Willem Fuchter"
Willem Fuchter
President & Chief Executive Officer

preliminary assessment

Abraplata Engages Consultants for Preliminary Economic Assessment

Aug 4, 2017
(Show News Item)

AbraPlata Resource Corp ("AbraPlata" or the "Company") (TSX-V: ABRA; OTCQB: ABBRF; Frankfurt: 1AH) is pleased to announce that it has engaged Roscoe Postle Associates (“RPA”) of Toronto, Canada and GR Engineering Services Limited (“GRES”) of Perth, Australia to undertake a Preliminary Economic Assessment (“PEA”) of the Diablillos Ag-Au project located in southern Salta Province in northwestern Argentina.

View PDF

Diablillos Project

The Diablillos property covers an area of some 79km2 and hosts epithermal precious metal mineralization in nine mineral occurrences.  One of these, the Oculto Deposit, contains all the Indicated Resources known from the property which, as recently estimated by RPA, amounts to 27.7m tonnes at a grade of 91.2g/t Ag and 0.85g/t Au and containing 81.3m oz Ag and 755k oz Au (ie, 135m oz AgEq or 1.9m oz AuEq).  In addition, the Company is currently drilling-off additional mineralization at the Fantasma Mineralized Zone some 800m west of Oculto with a view to further defining and expanding the existing resource base from the property.  This will allow AbraPlata to establish the parameters necessary for undertaking a PEA which will be completed by RPA and GRES over the next three to four months.

Preliminary Economic Assessment (PEA)

The PEA to be prepared by RPA and GRES will cover all aspects of the Diabilillos project that would typically be addressed in a scoping study.  More specifically, RPA will be responsible for preparing land and permit requirements, geology and resources (including a new resource estimate for the property), all mining aspects (including mine design and optimization, mining methods and equipment, and waste rock disposal procedures), and life-of-mine plan.  GRES will provide inputs with respect to preliminary process design criteria, process flow diagrams, general arrangement drawings, mechanical  equipment lists, material take-offs, leach pad and tailings storage facility, and supporting infrastructure (roads, power, water, buildings, etc).  The report will also include after-tax cash flow forecasts and cash flow sensitivity to key inputs.

“We are pleased to have RPA and GRES assist AbraPlata with the PEA” commented Hernan Zaballa, Executive Chairman of AbraPlata, “Both of these highly skilled and reputable firms have individual team members that have a wealth of professional experience on a variety of diverse projects in Latin America.  We are looking forward to working closely with them as we continue to advance the Diablillos project through an increasingly detailed analysis of its development potential”.

Qualified Person

Willem Fuchter, PhD PGeo, President and CEO of AbraPlata Resource Corp. and a qualified person as defined by National Instrument 43-101 Standards of Disclosure for Mineral Projects, has reviewed and approved the scientific and technical information contained in this news release.

About AbraPlata

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 advancing its flagship Diablillos property, with an indicated resource of 81.3m oz Ag and 755k oz Au, through the various stages of feasibility.  In addition, AbraPlata owns the highly prospective Cerro Amarillo property with its cluster of five mineralized Cu-(Mo-Au) porphyry intrusions located in a mining camp hosting the behemoth El Teniente, Los Bronces, and Los Pelambres porphyry Cu-Mo deposits. Further exploration work is also planned for the Company’s Samenta porphyry Cu-Mo property, located south of First Quantum’s TacaTaca project, as well as its Aguas Perdidas Au-Ag epithermal property.

About RPA

RPA is a global mining consultant with offices in Canada, the United States, and United Kingdom.  The company provides services to the mining industry at all stages of project development from exploration and resource evaluation through scoping, prefeasibility and feasibility studies, financing, permitting, construction, operation, closure and rehabilitation.  RPA advises major mining companies, mid-cap producers, junior mining and exploration companies, financial institutions, governments, law firms, and individual investors on the technical and commercial aspects of mineral property development.

About GRES

GR Engineering Services Limited is a medium-sized, ASX-listed (ASX: GNG) process design and engineering contractor specialising in providing engineering design and construction services to the mineral processing industry.  Headquartered in Perth, Western Australia, GRES has successfully delivered EPC fixed price projects and EPCM services into a large number of projects which have been located in many different countries and regions. GRES has teams of highly experienced technical and engineering professionals and broad experience in the compilation of feasibility studies.

ON BEHALF OF THE BOARD
ABRAPLATA RESOURCE CORP.
"Willem Fuchter"
Willem Fuchter
President & Chief Executive Officer

intercepts silver

AbraPlata Intersects 240g/t Silver over 11.5m at its Diablillos Project in Argentina

Aug 1, 2017
(Show News Item)

AbraPlata Resource Corp. (TSX.V:ABRA; OTCQB: ABBRF; Frankfurt: 1AH) ("AbraPlata" or the "Company") is pleased to report results from the first drill hole of the recently commenced 2000m drilling campaign at the Fantasma Mineralized Zone on its Diablillos property (see Figure 1) in southern Salta, northwestern Argentina. Hole DDH-17-128 intersected silver mineralization grading 98.3g/t Ag over 52m including 239.8 g/t Ag over 11.47m (see Figure 2) in which a single sample returned 515g/t Ag over 1.47m. View PDF

Figure 1 - The Diablillos Ag-Au property showing the various mineralized occurrences, including the Oculto Deposit, which hosts the current indicated resources reported for the property.

 

Figure 2 - Cross section through diamond drill hole DDH-17-128 indicating lithology and silver values. Note the results of the three previous drilled holes (2012) to the left of DDH-17-128.

lithology

“We are extremely pleased that the first batch of results has confirmed the nature and tenor of the mineralization identified in the earlier exploration campaign,” commented AbraPlata’s Executive Chairman, Hernan Zaballa. “Our drilling to date has already extended the zone of alteration/mineralization at Fantasma over a strike of at least 200m, and indicated that the alteration/mineralization is open both in the east and west as well as at depth. The objectives of our program are to define the limits of the mineralization and arrive at a preliminary resource estimate. We will report on the results of this drilling as the assays become available from the laboratory and after the data have been compiled and analyzed”.

Fantasma

The Fantasma Mineralized Zone is one of eight mineral occurrences on the property (Figure 1), and lies some 800m west of the Oculto Deposit which currently hosts all the indicated resources reported for the property to date (see 43-101 Technical Report dated November 2, 2016 prepared by Roscoe Postle Associates Inc which is filed under the Company’s profile on SEDAR). Silver-rich mineralization at Fantasma outcrops at surface beneath a thin veneer of alluvium, and was identified by Silver Standard Resources Inc in 2012 from sampling done in five trenches over the Fantasma area. They followed up with three diamond drill holes angled at 60° (Figure 2,) and intersected mineralization in all three holes. This mineralization appeared to be confined to two gently dipping, stacked layers some 20m and 10m in thickness respectively as indicated by hole DDH-12-126 which intersected 24.1m @ 117.6g/t Ag in the upper zone and 11.7m @ 185.6g/t Ag in the lower zone. AbraPlata’s hole DDH-17-128, which was drilled vertically and intersected mineralization grading 98.3g/t Ag over 52.0m, indicates that the two stacked layers may be merging to the west.

The focus of the current drill program is to extend mineralization at Fantasma with a view to expanding the existing resources outlined at Oculto and to establish the parameters necessary for completing a Preliminary Economic Assessment study. The implication of bringing the Fantasma mineralization into a resource category, however, goes beyond merely growing the global resource at Diablillos; rather, the near surface mineralization at Fantasma could go a long way to mitigating the effects of a pre-strip that would be required in bringing the buried Oculto deposit into production. The current program of 2000m is expected to be completed by late July - early August, and comprises 15 holes ranging from 100m to 350m in depth.

Sampling Procedures & Quality Control Protocols

AbraPlata applies industry standard exploration methodologies and techniques, and all drill core samples are collected under the supervision of the Company’s geologists in accordance with industry practices. Drill core is transported from the drill platform to the logging facility where drill data are compared and verified with the core in the trays. Thereafter, it is logged, photographed, and split by diamond saw prior to being sampled. Samples are then bagged, and quality control materials are inserted at regular intervals; these include blanks and certified reference materials as well as duplicate core samples which are collected in order to measure sample representativity. Groups of samples are then placed in large bags which are sealed with numbered tags in order to maintain a chain-of-custody during the transport of the samples from the project site to the laboratory.

All samples are received by the SGS offices in Salta who then dispatch the samples to the SGS preparation facility in San Juan. From there, the prepared samples are sent to the SGS laboratory in Lima, Peru where they are analyzed. All samples are analyzed using a multi-element technique consisting of a four acid digestion followed by ICP/AES detection, and gold is analyzed by 50g Fire Assay with an AAS finish. Silver results greater than 100g/t are reanalyzed using four acid digestion with an ore grade AAS finish.

An independent party has been appointed to review and report on the QA/QC program at the project.

Qualified Person Willem Fuchter, PhD PGeo, President & CEO of AbraPlata Resource Corp. and a qualified person as defined by National Instrument 43-101 Standards of Disclosure for Mineral Projects, has reviewed and approved the scientific and technical information contained in this news release.

About AbraPlata

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 advancing its flagship Diablillos property, with an indicated resource of 81.3m oz Ag and 755k oz Au, through the various stages of feasibility. In addition, AbraPlata owns the highly prospective Cerro Amarillo property with its cluster of five mineralized Cu-(Mo-Au) porphyry intrusions located in a mining camp hosting the behemoth El Teniente, Los Bronces, and Los Pelambres porphyry Cu-Mo deposits. Further exploration work is also planned for the Company’s Samenta porphyry Cu-Mo property south of First Quantum’s TacaTaca project as well as its Aguas Perdidas Au-Ag epithermal property.

ON BEHALF OF THE BOARD

ABRAPLATA RESOURCE CORP.

"Willem Fuchter"

Willem Fuchter
President & Chief Executive Officer
AbraPlata Resource Corp.
Tel: +54.11.5258.0920
E-mail: willem@abraplata.com

closing of private placement

AbraPlata Announces Closing of Private Placement

Jul 27, 2017
(Show News Item)

AbraPlata Resource Corp ("AbraPlata" or the "Company") (TSX-V: ABRA; OTCQB: ABBRF; Frankfurt: 1AH) is pleased to announce it has completed, on a non-brokered basis, an offering of 4,066,480 common shares of the Company by way of a private placement at a price of  $0.40 per share for total gross proceeds of $1,626,592 (the "Financing").  Proceeds from the private placement will be used for property exploration and working capital.

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In connection with the Financing, the Company will pay to certain arm's length parties a finder’s fee comprised of (i) a cash fee equal to eight percent (8%) of the gross proceeds received from subscribers sourced by the finders, and (ii) share purchase warrants exercisable to acquire up to 317,742 common shares of the Company (the "Finder Warrants"). The Finder Warrants will be exercisable for a period of one year from the date of issuance at a price of (i) $0.40 per common share during the first six months after a Finder Warrant is issued, and (ii) $0.60 per common share for the following six months thereafter.

Pursuant to Silver Standard Resources Inc.'s ("Silver Standard") contractual anti-dilution right to maintain a 19.9% equity interest in the capital of the Company, under the second amended and restated share purchase agreement dated March 21, 2017 (the "SSR Agreement"), 1,010,274 common shares will be issued to Silver Standard. A copy of the SSR Agreement is available from the Company's profile on SEDAR (www.sedar.com).

The private placement is subject to regulatory approval.  In compliance with Canadian securities laws and the rules of the TSX Venture Exchange, all securities issued in connection with the Financing will be subject to a hold period of four (4) months following the date hereof.

About AbraPlata

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 advancing its flagship Diablillos property, with an indicated resource of 81.3m oz Ag and 755k oz Au, through the various stages of feasibility.  In addition, AbraPlata owns the highly prospective Cerro Amarillo property with its cluster of five mineralized Cu-(Mo-Au) porphyry intrusions located in a mining camp hosting the behemoth El Teniente, Los Bronces, and Los Pelambres porphyry Cu-Mo deposits. Further exploration work is also planned for the Company’s Samenta porphyry Cu-Mo property, located south of First Quantum's TacaTaca project, as well as its Aguas Perdidas Au-Ag epithermal property.

ON BEHALF OF THE BOARD

ABRAPLATA RESOURCE CORP.

"Willem Fuchter"

Willem Fuchter
President & Chief Executive Officer
AbraPlata Resource Corp.
Tel: +54.11.5258.0920
E-mail: willem@abraplata.com

Preserve Title

Abraplata Reaches Agreement to Preserve Title to the Diablillos Ag-Au Project in Argentina

Jul 12, 2017
(Show News Item)

AbraPlata Resource Corp. TSX.V:ABRA ("AbraPlata" or the "Company") (TSX-V: ABRA) (Frankfurt:1AH) (OTCQB:ABBRF) is pleased to announce that it has reached an agreement to acquire certain third party mineral rights that, as a result of a long-standing border dispute between two neighbouring provinces in northwestern Argentina, overlap, and potentially conflict with, the Company's mineral rights to its Diablillos Ag-Au project (see Figure 1 attached). The acquisition of the potentially conflicting mineral rights will allow the Company to retain its title to the Diablillos Ag-Au project regardless of the ultimate outcome of the provincial border dispute.

View PDF

The Diablillos property lies within the border zone between the Province of Salta and the Province of Catamarca. For many years, the definitive border line between Salta and Catamarca has been in dispute and the Diablillos property falls within territory claimed by both provinces. In 1984, the government of Salta granted mineral rights to the Diablillos property to one of the Company's predecessors-in-title (see Figure 2). In the early 2000s, the government of Catamarca granted to a third party mineral rights in the same area (see Figure 3), some of which overlapped with the Diablillos mineral rights previously granted by the government of Salta, thereby creating the potential for conflicting titles pending the resolution of the border dispute, a matter falling within the jurisdiction of the federal government under the Constitution of Argentina. Additional details respecting the provincial border dispute and the potentially conflicting titles to the Diablillos property can be found in the Company's Filing Statement dated March 1, 2017, a copy of which is filed under the Company's profile on SEDAR (www.sedar.com).

The Company has reached an agreement with the shareholders of Minera Cerro Bayo SA (”Cerro Bayo” or “MCB”), the owner of the conflicting mineral rights granted by the government of Catamarca, to acquire a 100% equity interest in Cerro Bayo, thereby indirectly acquiring ownership and control of the conflicting mineral interests. As consideration, the Company will pay US$ 3.325 million in cash and issue 500,000 common shares of the Company to the shareholders of Cerro Bayo in instalments over a five year period. The agreement is subject to approval by the TSX Venture Exchange as well as legal due diligence and negotiation of definitive documentation.

“We are extremely pleased to finally resolve the overlapping claims situation at Diablillos” commented Hernan Zaballa, Executive Chairman of AbraPlata, adding that “….the uncertainty created by the provincial border dispute has confounded previous operators in the past and, by owning the overlapping rights on both sides of the dispute, we have effectively removed a key obstacle to the further development of the Diablillos project”.

Despite the Company's belief that its existing title to the Diablillos property should ultimately prevail once the provincial border dispute is finally decided by the federal government of Argentina, resolution of the dispute may take many years and, as long as the dispute remains ongoing, uncertainty as to the integrity of the Company's title would otherwise continue to exist, thereby hampering the Company's efforts to develop the project. The Company is aware of other mining companies operating in the vicinity of the Diablillos property who, in the face of similar potential title risks resulting from the provincial border dispute, have used the same strategy as AbraPlata to mitigate the risks by acquiring and effectively consolidating ownership and control of any and all overlapping and potentially conflicting mineral rights granted by both Salta and Catamarca.

Qualified Person

Willem Fuchter, PGeo, President and CEO of AbraPlata Resource Corp. and a qualified person as defined by National Instrument 43-101 Standards of Disclosure for Mineral Projects, has reviewed and approved the scientific and technical information contained in this news release.

About AbraPlata

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 advancing its flagship Diablillos property, with an indicated resource of 81.3m oz Ag and 755k oz Au, through the various stages of feasibility. In addition, AbraPlata owns the the highly prospective Cerro Amarillo property with its cluster of five mineralized Cu-(Mo-Au) porphyry intrusions located in a mining camp hosting the behemoth El Teniente, Los Bronces, and Los Pelambres porphyry Cu-Mo deposits. Further exploration work is also planned for the Company’s Samenta porphyry Cu-Mo property, located south of First Quantum’s TacaTaca project, as well as its Aguas Perdidas Au-Ag epithermal property.

ON BEHALF OF THE BOARD

ABRAPLATA RESOURCE CORP.
"Willem Fuchter"

Willem Fuchter
President & Chief Executive Officer
AbraPlata Resource Corp.
Tel: +54.11.5258.0920
E-mail: willem@abraplata.com

commences drilling

Abraplata Commences Drilling at its Diablillos Ag-Au Project in Argentina

Jun 22, 2017
(Show News Item)

AbraPlata Resource Corp. TSX.V:ABRA ("AbraPlata" or the "Company") is pleased to announce that it has started a 2000m diamond drilling program on its Diablillos Ag-Au project in southern Salta Province of northwestern Argentina. The objective of the planned diamond drill program is to establish a resource within Fantasma Mineralized Zone with a view to further expanding the existing resources outlined at the Oculto Deposit, some 800m to the east of Fantasma. This will allow the Company to establish the parameters necessary for completing a Preliminary Economic Assessment study.

View PDF

Diablillos lies at an elevation of 4100m above sea level, and covers an area of some 79km2. The property hosts Ag-Au epithermal mineralization within a north-trending graben which traverses most of the property. This mineralization includes the Oculto deposit for which an indicated resource has been estimated consisting of 27.7m tonnes at 91.2g/t Ag and 0.85g/t Au and containing 81.3m oz Ag and 755k oz Au (135m oz AgEq or 1.9m oz AuEq). Reference is made to the Technical Report dated November 2, 2016 prepared by Roscoe Postle Associates Inc., a copy of which is filed under the Company's profile on SEDAR.

The Fantasma zone, which is the focus of the current drilling program, lies immediately to the west of Oculto, and has been identified by a number of trenches and four drill holes. The current program is expected to be completed by late July, and comprises 15 holes ranging from 100m to 350m in depth.

Mineralization at Fantasma outcrops at surface as indicated by the trenches, and appears to be confined to two gently dipping, stacked layers some 20m and 10m in thickness respectively. Previous drilling, notably hole DDH-12-126, intersected 24.1m @ 117.6g/t Ag in the upper zone and 11.7m @ 185.6g/t Ag in the lower zone. The Fantasma zone is most likely constrained by the graben bounding fault at its western limit and an intra-graben fault some 150m to the east; the zone would appear to be open to the south and possibly to the north although probably limited to where the intra-graben fault pinches out against the western boundary fault.

“The implication of establishing a resource within the Fantasma Mineralized Zone goes beyond merely expanding the global resource already identified at Diablillos” commented AbraPlata’s Chairman Hernan Zaballa, adding that “A near surface resource at Fantasma could go a long way to mitigating the effects of a pre-strip that would be required in bringing the Oculto deposit into production”.

About AbraPlata

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 advancing its flagship Diablillos property through the various stages of feasibility. In addition, AbraPlata owns the the highly prospective Cerro Amarillo property with its cluster of five mineralized Cu-(Mo-Au) porphyry intrusions located in a mining camp hosting the behemoth El Teniente, Los Bronces, and Los Pelambres porphyry Cu-Mo deposits. Further exploration work is also planned for the Company’s Samenta porphyry Cu-Mo property south of First Quantum’s TacaTaca project as well as its Aguas Perdidas Au-Ag epithermal property.

ON BEHALF OF THE BOARD

ABRAPLATA RESOURCE CORP.
"Willem Fuchter"

For further information concerning this news release, please contact:

Willem Fuchter
President & Chief Executive Officer
AbraPlata Resource Corp.
Tel: +54.11.5258.0920
E-mail: willem@abraplata.com

Results of Annaul General Meeting

Abraplata Reports Results of Annual General Meeting and Issuance of Stock Options

Jun 20, 2017
(Show News Item)

AbraPlata Resource Corp. TSX.V:ABRA ("AbraPlata" or the "Company") held its annual general meeting of shareholders in Vancouver on June 6, 2017. The five nominees named in the Company's Management Proxy Circular dated May 5, 2017 were elected as directors to hold office until the next annual general meeting of shareholders. Shareholders also approved the re-appointment of Crowe Mackay LLP as the Company's auditors. In addition, the Company's shareholders unanimously approved the adoption of the Company's Stock Option Plan. In this regard, AbraPlata announces that an aggregate of 2,350,000 incentive stock options have been granted to directors, officers and consultants of the Company on June 7, 2017. The stock options have an exercise price of CAD$0.63 per share and are exercisable for a period of five years from the date of grant. The stock options vest 25% immediately, 25% after six months, 25% after twelve months and 25% after eighteen months.

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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 advancing its flagship Diablillos, with an indicated resource of 81.3m oz Ag and 755k oz Au, through the various stages of feasibility.. In addition, AbraPlata owns the highly prospective Cerro Amarillo property with its cluster of five mineralized Cu-(Mo-Au) porphyry intrusions located in a mining camp hosting the behemoth El Teniente, Los Bronces, and Los Pelambres porphyry Cu-Mo deposits. Further exploration work is also planned for the Company’s Samenta porphyry Cu-Mo property south of First Quantum’s TacaTaca project as well as its Aguas Perdidas Au-Ag epithermal property.

ON BEHALF OF THE BOARD

ABRAPLATA RESOURCE CORP.
"Willem Fuchter"

For further information concerning this news release, please contact:

Willem Fuchter
President & Chief Executive Officer
AbraPlata Resource Corp.
Tel: +54.11.5258.0920
E-mail: willem@abraplata.com

Mobilize Drill Rig

Abraplata to Mobilize Drill Rig for its Diablillos Ag-Au Project in Argentina

May 24, 2017
(Show News Item)

AbraPlata Resource Corp. TSX.V:ABRA ("AbraPlata" or the "Company") is pleased to announce that it has awarded a 2,000m drilling contract to Foraco Argentina SA, the wholly owned Argentine subsidiary of Foraco International SA (“Foraco”). A truck-mounted Boart Longyear LF-90 drill rig is being mobilized to undertake a 15 hole program on AbraPlata’s Diablillos Ag-Au project in the high plains desert of the “Puna” in southern Salta Province of northwestern Argentina, and drilling operations are to commence by the end of the week. The planned diamond drill program is expected to bring additional mineralization at the Fantasma Mineralized Zone into a resource category with a view to further defining and expanding, the existing resources outlined at the Oculto Deposit, some 8oom to the east of Fantasma. This will, in turn, allow the Company to establish the parameters necessary for updating a previously prepared, internal Preliminary Economic Assessment study.

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Diablillos

The Diablillos property lies at an elevation of 4100m above sea level, and covers an area of 79km2. It is located in a rapidly developing mineral province in northwestern Argentina that includes the TacaTaca (First Quantum), Lindero and Arizaro (Fortuna), Rio Grande (Regulus), and Samenta (AbraPlata) deposits. Access is good with all-weather gravel roads and a serviceable airstrip on a neighbouring property.

The property hosts the Ag-Au epithermal Oculto Deposit for which an indicated resource has been estimated consisting of 27.7m tonnes at 91.2g/t Ag and 0.85g/t Au and containing 81.3m oz Ag and 755k oz Au (135m oz AgEq or 1.9m oz AuEq). Oculto is only one of nine mineral occurrences located on the Diablillos property. The Fantasma zone lies immediately to the west of Oculto, and has been identified by a number of trenches and four drill holes. A dacite porphyry at the Cerro Viejo Este occurrence, some 1200m north-northwest of Oculto, hosts Cu-Au mineralization that has been intersected in two drill holes in a dacite porphyry. At Pedernales to the north of Oculto, narrower but higher grade epithermal mineralization has been intersected in a number of drill holes. Altogether, some 85,000m of drilling in 448 holes have has been undertaken on the Property, the majority of them on Oculto.

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 advancing its flagship Diablillos property through the various stages of feasibility. In addition, AbraPlata owns the highly prospective Cerro Amarillo property with its cluster of five mineralized Cu-(Mo-Au) porphyry intrusions located in a mining camp hosting the behemoth El Teniente, Los Bronces, and Los Pelambres porphyry Cu-Mo deposits. Further exploration work is also planned for the Company’s Samenta porphyry Cu-Mo property south of First Quantum’s TacaTaca project as well as its Aguas Perdidas Au-Ag epithermal property.

About Foraco

Foraco International SA, a publicly traded company based in Marseille, France, is the third largest global mineral driller providing innovative solutions for mining, and water projects across 22 countries and five continents. With the 3rd largest global fleet of drilling rigs, best-in-class safety standards and a versatile, well-trained international workforce with a proven track record in geologically complex formations, Foraco is uniquely positioned to satisfy the needs of customers operating around the world. Foraco is traded on the Toronto Stock Exchange under the ticker symbol “FAR.”

ON BEHALF OF THE BOARD

ABRAPLATA RESOURCE CORP.
"Willem Fuchter"

Willem Fuchter
President & Chief Executive Officer
AbraPlata Resource Corp.
Tel: +54.11.5258.0920
E-mail: willem@abraplata.com

implement strategic plan

Abraplata to Implement Strategic Plan

May 17, 2017
(Show News Item)

AbraPlata Resource Corp. TSX.V:ABRA ("AbraPlata" or the "Company") is pleased to report that, following the successful completion of the Company's reverse takeover of Huayra Minerals Corp. and concurrent financing, AbraPlata is poised to implement its plan to carry on business as a new mineral resource exploration and development company focussed on Argentina.

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Our Plan

As an Argentine-Canadian company with an Argentina-based senior management team, we believe that we are well-situated to gain national and local community acceptance in Argentina for our planned business activities by taking a shared approach involving broader participation in the risks as well as the significant rewards the success of our projects will bring. We believe that local participation, through capital investment, employment and other community engagement initiatives, our commitment to the highest environmental, safety and social responsibility standards, together with the deep Argentine roots of our senior management, will give us a competitive advantage.

Our longer term strategy is to:

  • explore, develop and put into production mineral resource projects of a size, scope and cost as befits a mid-tier mining company with a view to evolving from an exploration company into a fully integrated producer; and to
  • identify and acquire, through exploration or otherwise, a mineral deposit of a size and scope more typically within the purview of the world's larger mining companies, to incubate the deposit to a stage at which we can sell it to a "major" or continue to participate in a minority role.

Towards this end, we have an exciting and highly prospective portfolio of projects in Argentina that includes the Ag-Au Diablillos deposit and associated mineral occurrences in Salta Province, the Cerro Amarillo Cu-(Mo-Au) porphyry project in Mendoza Province, the Samenta Cu-Mo porphyry project in Salta Province, and the Aguas Perdidas epithermal Au-Ag project in Chubut Province. Both Diablillos and Samenta lie within a rapidly developing mineral district in northwestern Argentina that includes, TacaTaca (First Quantum), Lindero and Arizaro (Fortuna) and Rio Grande (Regulus).

Diablillos

Our principal project is Diablillos, which contains an Ag-Au epithermal deposit, for which an indicated resource has been estimated consisting of 27.7m tonnes at 91.2g/t Ag and 0.85g/t Au containing 81.3m oz Ag and 755k oz Au (1.9m oz AuEq or 134m oz AgEq). The Oculto deposit, which hosts the indicated resource, is one of nine mineral occurrences located on the Diablillos property, which covers an area of 79km2. Altogether, some 85,000m of drilling in 448 holes have been undertaken on the property at a cost of over US$33m. Our immediate plans for Diablillos include a drilling campaign which we expect to initiate this month with a view to further defining, and possibly expanding, the resource base and establishing the parameters necessary for updating a previously prepared, internal preliminary economic assessment. Future phases are expected to focus upon performing the work necessary in order to prepare studies on the property to at least a pre-feasibility level.

Other Projects

We also have high hopes for our other projects. Our Samenta porphyry Cu-Mo project in Salta has two high level porphyry intrusions with the 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. The Company is currently engaged in discussions aimed at securing joint venture partner to participate in the advancement of this project.

Our Cerro Amarillo project in Mendoza lies on the southern end of a group of “behemoth” Cu-Mo-Au porphyry deposits (El Teniente, Los Bronces, Los Pelambres, and Altar) and hosts a cluster of five distinct porphyry intrusions, four of which have mapped mineralization at surface. Previously conducted IP surveys over two of these intrusions show promising indications of chargeable material lying below the mapped surface mineralization. As with Samenta, the Company is currently engaged in discussions aimed at securing a co-venturer to participate in the advancement of this project.

Aguas Perdidas is a typical Patagonia-style epithermal Au-Ag project on which some US$2m has, to date, been spent on exploration. Aguas Perdidas is a walk-up drill target and the Company plans to commence a drilling campaign later in 2017.

Outlook

We believe that AbraPlata is now well positioned, and due to our recently oversubscribed Offering, well capitalized to take advantage of the converging factors of renewed interest by investors in the mining sector and the positive changes in Argentina at the start of a new economic/political cycle. Commenting further, Executive Chairman Hernan Zaballa observed: “AbraPlata operates with low overheads and with a small team of highly dedicated professionals, all of whom have a significant stake in the Company. And, I would like to thank our many investors, both founders and those new to AbraPlata, for their valued feedback and support. We are committed to building shareholder value driven by executing on our business plan, and we believe that we have real opportunities for success”.

ON BEHALF OF THE BOARD

ABRAPLATA RESOURCE CORP.
"Willem Fuchter"

Willem Fuchter
President & Chief Executive Officer


For further information concerning this news release, please contact:

Willem Fuchter Karl Cahill
President & Chief Executive Officer VP Investor Relations
AbraPlata Resource Corp. AbraPlata Resource Corp
Tel: +54.11.5258.0920 Tel: +1.858.531.6100
E-mail: willem@abraplata.com Email: karl@abraplata.com

closes financing

Due to Strong Demand Abraplata Closes Additional $750,000 Financing

May 16, 2017
(Show News Item)

AbraPlata Resource Corp. (TSX-V: ABRA) (“AbraPlata” or the “Company”) is pleased to announce it has completed, on a non-brokered basis, an offering of 2,585,967 common shares of the Company by way of a private placement at a price of $0.30 per share for total gross proceeds of $775,790 (the “Financing”). Proceeds from the private placement will be used for property exploration and working capital.

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In connection with the Financing, the Company will pay to certain arm's length parties a finder’s fee comprised of (i) a cash fee equal to eight percent (8%) of the gross proceeds received from subscribers sourced by the finders, and (ii) share purchase warrants exercisable to acquire up to 164,213 common shares of the Company (the "Finder Warrants"). The Finder Warrants will be exercisable for a period of one year from the date of issuance at a price of (i) $0.30 per common share during the first six months after a Finder Warrant is issued, and (ii) $0.50 per common share for the following six months thereafter.

Pursuant to Silver Standard Resources Inc.'s (“Silver Standard”) contractual anti-dilution right to maintain a 19.9% equity interest in the capital of the Company, under the second amended and restated share purchase agreement dated March 21, 2017 (the “SSR Agreement”), 642,456 common shares will be issued to Silver Standard. A copy of the SSR Agreement is available from the Company's profile on SEDAR (www.sedar.com).

The private placement is subject to regulatory approval. In compliance with Canadian securities laws and the rules of the TSX Venture Exchange, all securities issued in connection with the Financing will be subject to a hold period of four (4) months following the date hereof.

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 advancing its flagship Diablillos property, with an indicated resource of 81.3m oz Ag and 755k oz Au, through the various stages of feasibility. In addition, AbraPlata owns the highly prospective Cerro Amarillo property with its cluster of five mineralized  Cu-(Mo-Au) porphyry intrusions located in a mining camp hosting the behemoth El Teniente, Los Bronces, and Los Pelambres porphyry Cu-Mo deposits.

ON BEHALF OF THE BOARD

ABRAPLATA RESOURCE CORP.
“Willem Fuchter”

Willem Fuchter
President and Chief Executive Officer
For further information, please contact:
Willem Fuchter at willem@abraplata.com
Karl Cahill karl@abraplata.com
Or visit the website www.abraplata.com

Change of Auditors

Abraplata Confirms Change of Auditors in Connection with Reverse Takeover

May 5, 2017
(Show News Item)

AbraPlata Resource Corp. TSX.V:ABRA ("AbraPlata" or the "Company") confirms that, as previously disclosed in the Company's Filing Statement dated March 1, 2017, and in connection with the completion of its reverse takeover of Huayra Minerals Corp. ("Huayra"), the Company has changed its auditors from Saturna Group Chartered Professional Accounts LLP (the "Former Auditors") to Crowe Mackay, LLP (the "Successor Auditors" and together with the Former Auditors, the "Auditors"). The Successor Auditors are also the incumbent auditors of Huayra.

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At the request of the Company, the Former Auditors resigned as auditors of the Company and the board of directors of the Company appointed the Successor Auditors as the Company's auditors until the next Annual General Meeting of the Company, scheduled for June 6, 2017 at which the Company's shareholders will be asked to vote in favour of the re-appointment of the Successor Auditors as the auditors of the Company.

There were no reservations in the Former Auditors' reports in connection with the most recently completed fiscal year (2016) or for any period subsequent to the most recently completed period for which an audit report was issued preceding the date of the Former Auditors' resignation. There are no "reportable events" (as that term is defined in National Instrument 51-102 Continuous Disclosure Obligations) between the Company and the Former Auditors.

ON BEHALF OF THE BOARD

ABRAPLATA RESOURCE CORP.
"Willem Fuchter"

Willem Fuchter
President & Chief Executive Officer

For further information concerning this news release, please contact:

Willem Fuchter
President & Chief Executive Officer
AbraPlata Resource Corp.
Tel: +54.11.5258.0920
E-mail: willem@abraplata.com

Silver standard

Silver Standard Acquires 19.9% Interest in Abraplata

Apr 25, 2017
(Show News Item)

Silver Standard Resources Inc. (NASDAQ: SSRI) (TSX: SSO) (“Silver Standard”) is pleased to announce that Huayra Minerals Corp. (“HMC”) completed its reverse take-over (“RTO”) of AbraPlata Resource Corp. (TSX.V:ABRA) (“AbraPlata”) on April 24, 2017.

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As a result of the RTO, Silver Standard’s Class A Shares in HMC were exchanged on a one-for-one basis for common shares in AbraPlata resulting in Silver Standard directly holding 11,294,609 common shares of AbraPlata, representing 19.9% of the total issued and outstanding common shares of AbraPlata as of April 24, 2017. The common shares of AbraPlata are listed on the TSX Venture Exchange.

An early warning report will be filed with the relevant Canadian securities regulatory authorities. Copies of such reports may be obtained from SEDAR at www.sedar.com or by contacting Silver Standard.

About Silver Standard

Silver Standard is a Canadian-based precious metals producer with three wholly-owned and operated mines, including the Marigold gold mine in Nevada, U.S., the Seabee Gold Operation in Saskatchewan, Canada and the Pirquitas silver mine in Jujuy Province, Argentina. We also have two feasibility stage projects and an extensive portfolio of exploration properties throughout North and South America. We are committed to delivering safe production through relentless emphasis on Operational Excellence. We are also focused on growing production and Mineral Reserves through the exploration and acquisition of assets for accretive growth, while maintaining financial strength.

SOURCE: Silver Standard Resources Inc.

For further information contact:

W. John DeCooman, Jr.
Vice President, Business Development and Strategy
Silver Standard Resources Inc.
Vancouver, BC
N.A. toll-free: +1 (888) 338-0046
All others: +1 (604) 689-3846
E-Mail: invest@silverstandard.com

completion takeover

Abraplata Announces Closing of Concurrent Financing and Completion of Reverse Takeover

Apr 24, 2017
(Show News Item)

AbraPlata Resource Corp. TSX.V:ABRA ("AbraPlata" or the "Company") is pleased to announce the completion of a previously announced reverse takeover transaction (the "RTO") with Huayra Minerals Corp. ("Huayra") and the oversubscribed closing of the previously announced non-brokered concurrent private placement (the "Concurrent Financing").

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Reverse Takeover

As a result of the RTO, Huayra is now a wholly-owned subsidiary of the Company and the former shareholders of Huayra are now shareholders of AbraPlata. Through Huayra, the Company now holds indirect ownership of the Diablillos and M-18 projects in Salta and Chubut Provinces, Argentina.

After giving effect to the RTO and the Concurrent Financing (as described below), there will be 56,756,832 common shares issued and outstanding in the capital of the Company, of which 21,284,381 will be escrowed Tier 2 Value escrow shares to be release over 36 months.

Further details regarding the RTO are contained in the Company's Filing Statement dated March 1, 2017 (the "Filing Statement") and in the Company's news release dated March 2, 2017, both of which have been filed on SEDAR at www.sedar.com.

Concurrent Financing

The Concurrent Financing involved the issuance of 9,543,663 common shares of the Company at a price of $0.30 for gross proceeds of $2,863,100. Proceeds from the Concurrent Financing are expected to be used as disclosed in the Filing Statement.

In connection with the Concurrent Financing, the Company will pay to certain arm's length parties a finder’s fee comprised of (i) a cash fee equal to eight percent (8%) of the gross proceeds received from subscribers sourced by the finders, and (ii) share purchase warrants exercisable to acquire up to 763,493 common shares of the Company (the "Finder Warrants"). The Finder Warrants will be exercisable for a period of one year from the date of issuance at a price of (i) $0.30 per common share during the first six months after a Finder Warrant is issued, and (ii) $0.50 per common share for the following six months thereafter.

In compliance with Canadian securities laws and the rules of the TSX Venture Exchange, all securities issued in connection with the Concurrent Financing will be subject to a hold period of four (4) months following the date hereof.

Further details regarding the Concurrent Financing are contained in the Filing Statement and in the Company's news releases dated March 23, 2017 and April 17, 2017, all of which have been filed on SEDAR at www.sedar.com.

New Management and Board of Directors

Effective as of the closing of the RTO, Ken Ralfs, Glen Macdonald and Carol MacDonald have resigned as senior officers and directors of the Company. The following individuals now comprise the board of directors and senior officers of AbraPlata:

Hernan Zaballa – Executive Chair and Director

Hernan Zaballa is a senior partner at Zaballa Carchio Abogados in Buenos Aires, Argentina. He was formerly a director of the Argentine subsidiaries of Barrick, Peñoles, Northern Orion, Newcrest, and Polimet/Yamana, as well as Vice President of Pan American Silver’s Argentine subsidiaries. Mr. Zaballa was admitted to the Bar in 1989, and practices in the areas of Energy and Natural Resources (Mining and Oil & Gas) as well as in Administrative and Regulatory Law. In addition to memberships in the Buenos Aires Bar Association and the International Bar Association, he is a member of the Rocky Mountain Mineral Law Association and the Prospectors and Developers Association of Canada. He also teaches law at the Universidad del Museo Social Argentina where he is Professor of Rural, Mining and Environmental Law.

Eduardo Perlicz – Director

Eduardo Perlicz is an independent advisor and financial consultant with extensive contacts in Latin America. He has over 30 years’ experience in the mining business with expertise in trading, mining and metals, investment banking, and project financing. He specialized in mining and refining for Latin America at Goldman Sachs, and was general manager for metals in the Americas for Barclays Bank; in addition, he was in charge of precious metals trading for South America at Mase Westpac of New York. He has served as an independent director of Bowmore Exploration Ltd, and serves as a member of the Advisory Board of UrAmerica PLC. Mr Perlicz studied Business Administration at Baruch College , City University of New York (CUNY) in New York, majoring in Marketing and Management.

John DeCooman – Director

John DeCooman is Vice President, Business Development and Strategy of Silver Standard Resources Inc. ("Silver Standard"). His experience prior to joining Silver Standard in 2009 includes over 20 years of mining project finance and advisory responsibilities at Deutsche Banc Alex. Brown and Standard Bank. He has also held corporate positions with responsibilities including finance, acquisitions, metals concentrate marketing, business development and exploration. Mr. DeCooman holds a Bachelor of Science degree from The Pennsylvania State University and a Master of Science degree from the Colorado School of Mines.

David Doherty – Director

David Doherty brings over 20 years of investment and finance experience to the Company. He is the founder and president of Rockshield Capital, a diversified investment and venture capital firm that makes early stage seed investments. Mr. Doherty was previously an investment adviser with Canaccord Capital, Canada's largest independent securities dealer covering the North American capital markets specializing in developing, structuring and financing venture and growth companies in the resource sector.

Willem Fuchter – President and Chief Executive Officer

Willem Fuchter has over 25 years of experience working in mines and exploration projects in Africa, Asia, North and South America, Europe, and the Middle East for both junior and major mining companies including Riofinex, Falconbridge Gold, Kinross, and Ivanhoe Mines. A long-term permanent resident of Argentina, Dr. Fuchter has run junior companies in Argentina, Peru, Ecuador, and Venezuela, being largely responsible for project generation, general exploration management, reserve and resource reporting, and fund raising activities. He has degrees from Rhodes University in South Africa and Queens University in Canada, and is a registered Professional Geoscientist in the Province of Ontario.

Zula Kropivnitski – Chief Financial Officer

Zula Kropivnitski has over ten years of international experience in the resource sector, having served as chief financial officer and director of several public companies. She has been involved in all areas of financial reporting, corporate finance, and related aspects of regulatory compliance. Ms. Kropivnitski received her Certified General Accountant professional accounting designation from the Certified General Accountants Association of British Columbia and later obtained her ACCA designation from the Association of Chartered Certified Accountants. She has Master of Mathematics and Master of Economics degrees in Russia.

Eugenio Ponte – Vice-President, Environment and Corporate Social Responsibility

Eugenio Ponte has been general manager of alluvial gold operations in northwestern Argentina. He identified, developed and put into production the Orosmayo and Tatiana projects in the Puna/Altiplano, and was responsible for all facets of those operations. Mr. Ponte has a degree in International Affairs and has been active in the mining industry in South America for the last 15 years, involved in Administration and Logistics and managing Community Relations and Environmental Issues. In addition, he has managed exploration programs in environmentally sensitive areas such as the Amazon Basin as well as the Altiplano/Puna regions of the Cordillera.

Karl Cahill – Vice-President, Investor Relations

Karl Cahill has spent the last 10 years in the United States working as a consultant to emerging public technology, biotechnology and resources companies. Mr. Cahill's career spans 17 years in the public markets. He has served in investor relations and corporate communications capacities for various public companies in Canada and the United States. Mr. Cahill did his undergraduate studies in Finance at the University of Westminster in London, England and has lived and worked in Europe, Asia and North America.

Cassandra Gee – Corporate Secretary

Cassandra Gee has been involved with public companies for over 10 years in administration, international finance and accounting. Ms. Gee is experienced in securities law and compliance with regulatory requirements for public companies.

Further details regarding the board and management of AbraPlata are contained in the Filing Statement, which has been filed on SEDAR at www.sedar.com.

ON BEHALF OF THE BOARD ABRAPLATA RESOURCE CORP.

"Willem Fuchter"
Willem Fuchter President & Chief Executive Officer

For further information concerning the RTO and this news release, please contact:

Willem Fuchter
President & Chief Executive Officer
AbraPlata Resource Corp.
Tel: +54.11.5258.0920
E-mail: willem@abraplata.com

status of financing

Abraplata Reports on Status of Financing

Apr 17, 2017
(Show News Item)

AbraPlata Resource Corp. TSX.V:ABRA.H (“AbraPlata” or the "Company"), intends to complete a portion of its previously announced financing transaction for gross proceeds of $2,700,000 (the "Financing") in reliance upon the exemption set out in BC Instrument 45-536 - Exemption from prospectus requirement for certain distributions through an investment dealer (the “Investment Dealer Exemption”). The Financing is being undertaken in conjunction with the proposed reverse takeover transaction (the "RTO") with Huayra Minerals Corp. ("Huayra").

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Assuming completion of the RTO, the Company plans to allocate the gross proceeds of the Financing to: (i) completion of mineral exploration work on the Company’s mineral properties (approximately $1,239,000); (ii) cost of RTO (approximately $87,043) and (iii) general working capital (approximately $499,300).

In accordance with the requirements of the Investment Dealer Exemption, the Company confirms that there is no material fact or material change related to the Company which has not been generally disclosed, except as otherwise disclosed herein.

The Company will also pay a finder’s fee to certain arms' length third parties in the form of cash and warrants, all in accordance with the policies of the TSX Venture Exchange and applicable securities law.

Further details regarding the RTO and the terms of the Financing are contained in the Company's Filing Statement dated March 1, 2017 (the "Filing Statement"), which has been filed on SEDAR at www.sedar.com.

About AbraPlata

AbraPlata was incorporated under the Business Corporations Act (Alberta) on August 31, 1993 and, until 2007, carried on business as an oil and gas exploration and production company. On February 27, 2017, the Company continued into British Columbia, and is a corporation continued under the laws of British Columbia.

ON BEHALF OF THE BOARD ABRAPLATA RESOURCE CORP.

"Ken Ralfs"
Ken Ralfs President & Director

For further information concerning the Financing and this press release, please contact:

Ken Ralfs
President & Director
AbraPlata Resource Corp.
Tel: 780-466-6006
E-mail: kralfs@gmail.com

angel huayra agreement

Angel Bioventures Announces Agreement With Huayra Minerals

Nov 16, 2016
(Show News Item)

Angel Bioventures Inc. TSX.V:DDD.H (“Angel” or the "Company") is pleased to announce that Angel and a wholly-owned subsidiary of Angel ("Angel AcquisitionCo) have entered into a definitive merger agreement dated November 15, 2016 (the "Merger Agreement") with Huayra Minerals Corp. (“Huayra”). Under the terms of the Merger Agreement, Huayra and Angel AcquisitionCo will amalgamate (the "Amalgamation") and the amalgamated company will become a wholly-owned subsidiary of Angel. Prior to the Amalgamation, Angel intends to re-name itself “AbraPlata Resource Corp.”

The Amalgamation is an arm’s length Amalgamation and will constitute a “reverse takeover” pursuant to the policies of the TSX Venture Exchange (the “Exchange”). Subject to the fulfillment of conditions precedent of the Merger Agreement, and approval of the Exchange, closing is anticipated to occur in the fourth quarter of 2016.

About Huayra

Huayra was incorporated under the Business Corporations Act (British Columbia) on August 5, 2010 as Meryllion Minerals Corporation, a wholly-owned subsidiary of Meryllion Resources Corporation ("Meryllion"), a company listed on the Canadian Securities Exchange. In June 2015, Huayra changed its name to Huayra Minerals Corp. In July, 2016, Huayra became an independent company following the sale by Meryllion of all of the issued and outstanding shares of Huayra to a group led by Huayra's Argentina-based management team. Huayra is a mineral exploration and development company engaged in the acquisition, exploration and development of mineral resource properties in Argentina.

About Angel

Angel was incorporated under the Business Corporations Act (Alberta) on August 31, 1993 and, until 2007, carried on business as an oil and gas exploration and production company. In 2007, the Company filed for and obtained protection from its creditors under the Companies’ Creditors Arrangement Act (“CCAA”). As part of the CCAA proceedings, the Company sold all of its petroleum and natural gas properties and the net proceeds were used to repay the Company's creditors. The CCAA proceedings were concluded in 2009.

In September, 2015, the Company's shareholders approved a continuation of the Company's incorporation from the Province of Alberta to the Province of British Columbia (the "Continuation"). Implementation of the Continuation remains subject to the Company making application to the Alberta Registrar of Corporations and the British Columbia Registrar of Companies. Implementation of the Continuation is a condition precedent to the Amalgamation.

Silver Standard Transaction

On November 1, 2016, Huayra completed its acquisition of the Diablillos and M-18 projects in Salta and Chubut Provinces, Argentina from Vancouver-based Silver Standard Resources Inc. ("Silver Standard") pursuant to a purchase and sale agreement dated August 23, 2016. The purchase and sale agreement provides for the payment by Huayra to Silver Standard of consideration consisting of approximately U.S.$14 million payable over a five-year period, a 19.9% equity interest in Huayra and royalties in respect of the Diablillos and M-18 projects.

On November 1, 2016, Huayra paid approximately U.S.$300,000 to Silver Standard and issued Class B common shares of Huayra representing 19.9% of Huayra's issued and outstanding common shares. The cash consideration paid was funded by way of a loan from Angel to Huayra. To fund the loan to Huayra, Angel borrowed the sum of Cdn.$400,000 from an arm's length lender, which will be repaid from the proceeds of the Concurrent Financing (as defined below). As consideration for the loan, Angel agreed to issue share purchase warrants exercisable for two years to purchase up to 1,600,000 Angel post-Subdivision (as defined below) common shares at Cdn.$0.25 per share. The warrants vest upon the completion of the Amalgamation or following Exchange approval, whichever occurs first.

Amalgamation and Related Transactions

Prior to the implementation of the Amalgamation, Angel will complete the Continuation from Alberta to British Columbia and will then subdivide its common shares on the basis of one old common share for five new common shares (the “Subdivision”). Following the Subdivision, it is expected that Angel will have approximately 5,944,220 common shares issued and outstanding.

Subject to the fulfillment or waiver of all conditions precedent under the Merger Agreement, Angel, Angel AcquisitionCo and Huayra will implement the Amalgamation. Pursuant to the Amalgamation, Huayra and Angel AcquisitionCo will amalgamate and the amalgamated company will become a wholly-owned subsidiary of Angel and Angel will acquire all of the 40,388,565 Class A common shares of Huayra that are expected to be issued and outstanding immediately prior to the implementation of the Amalgamation in exchange for a like number of post-Subdivision common shares of Angel at a deemed issue price per share of not less than Cdn.$0.25. It is expected that, upon completion of the Amalgamation, Angel will have approximately 52,332,785 common shares outstanding (which will include the common shares to be issued in the Concurrent Financing described below) and that Angel's largest shareholder will be Silver Standard, holding 19.9% of Angel's issued and outstanding common shares.

In connection with the Amalgamation, the Company, as it will exist following the Amalgamation, (the "Resulting Issuer") intends to rename itself "AbraPlata Resource Corp." and will carry on the current business of Huayra. In this regard, the Resulting Issuer will enter into an agreement with Silver Standard providing for the Resulting Issuer's assumption of all of Huayra's obligations to Silver Standard in connection with the acquisition of the Diablillos and M-18 projects. Such obligations include, but are not limited to, Silver Standard’s right to:

  • a free carried equity interest in the Resulting Issuer until the completion of a public offering of U.S.$5.0 million or more;
  • participate in future equity financings to maintain its ownership level in the Resulting Issuer for as long as Silver Standard continues to hold not less than ten percent of the then issued and outstanding shares of the Resulting Issuer on a non-diluted basis;
  • receive cash payments of approximately U.S.$1.5 million over the first two years and U.S.$12.5 million over the following three to five years; and
  • a 1.0% net smelter returns royalty on production from each of the projects.

The implementation of the Amalgamation is subject to a number of conditions, including but not limited to, the completion of the Continuation and the Subdivision, completion of the Concurrent Financing, approval of the Amalgamation by the board of directors and security holders of Angel, Angel AcquisitionCo and Huayra, to the extent required, and regulatory approval, including approval of the Exchange. The Amalgamation cannot close until the requisite approvals are obtained. There can be no assurance that the Amalgamation will be completed as proposed, or at all.

Huayra and Angel are at arm's length to one another.

The Resulting Issuer proposes to list as a Tier 2 Mining Issuer on the Exchange.

Change of Management and Directors

Upon the Amalgamation becoming effective, it is anticipated that Angel’s current management will resign and that Huayra will appoint new officers satisfactory to the Exchange to manage the business of the Resulting Issuer. The board of directors of the Resulting Issuer will also be reconstituted to comprise five directors, consisting of three individuals selected by Huayra (including one individual designated by Silver Standard), one individual selected by Angel and one individual to be selected by mutual agreement of Huayra and Angel. The following individuals are expected to comprise the board of directors and senior officers of the Resulting Issuer:

Hernan Zaballa – Executive Chair and Director

Hernan Zaballa is a senior partner at Zaballa Carchio Abogados in Buenos Aires, Argentina. He was formerly a director of the Argentine subsidiaries of Barrick, Peñoles, Northern Orion, Newcrest, and Polimet/Yamana, as well as Vice President of Pan American Silver’s Argentine subsidiaries. Mr. Zaballa was admitted to the Bar in 1989, and practices in the areas of Energy and Natural Resources (Mining and Oil & Gas) as well as in Administrative and Regulatory Law. In addition to memberships in the Buenos Aires Bar Association and the International Bar Association, he is a member of the Rocky Mountain Mineral Law Association and the Prospectors and Developers Association of Canada. He also teaches law at the Universidad del Museo Social Argentina where he is Professor of Rural, Mining and Environmental Law.

Eduardo Perlicz – Director

Eduardo Perlicz is an independent advisor and financial consultant with extensive contacts in Latin America. He has over 30 years’ experience in the mining business with expertise in trading, mining and metals, investment banking, and project financing. He specialized in mining and refining for Latin America at Goldman Sachs, and was general manager for metals in the Americas for Barclays Bank; in addition, he was in charge of precious metals trading for South America at Mase Westpac of New York. He has served as an independent director of Bowmore Exploration Ltd, and serves as a member of the Advisory Board of UrAmerica PLC. Mr Perlicz obtained a Bachelor of Business Administration in 1972 from Baruch College , City University of New York (CUNY), in New York, majoring in Marketing and Management.

John DeCooman – Director

John DeCooman is Vice President, Business Development and Strategy of Silver Standard. His experience prior to joining Silver Standard in 2009 includes over 15 years of mining project finance and advisory responsibilities at Deutsche Bank, Bankers Trust and Standard Bank, as well as corporate positions in finance, business development and exploration. Mr. DeCooman holds a Bachelor of Science degree from The Pennsylvania State University and a Master of Science degree from the Colorado School of Mines.

David Doherty – Director

David Doherty brings over 20 years of investment and finance experience to the company. He is founder and president of Rockshield Capital, a diversified investment and venture capital firm that make early stage seed investments. Rockshield assists with financing, identifying acquisition targets, developing strategic plans and support operations and implementing exit strategies.

Mr. Doherty was previously an investment adviser with Canaccord Capital, Canada's largest independent securities dealer covering the North American capital markets specializing in developing, structuring and financing venture and growth companies in the resource sector. Mr. Doherty has sat on numerous boards including Organigram Holdings and presently is on the board of Saber Capital (to be re-named Emblem Cannabis). He holds a degree from Simon Fraser University, with a major in finance.

Willem Fuchter – President and Chief Executive Officer

Willem Fuchter has over 25 years of experience working in mines and exploration projects in Africa, Asia, North and South America, Europe, and the Middle East for both junior and major mining companies including Riofinex, Falconbridge Gold, Kinross, and Ivanhoe Mines. A long-term permanent resident of Argentina, Dr. Fuchter has run junior companies in Argentina, Peru, Ecuador, and Venezuela, being largely responsible for project generation, general exploration management, reserve and resource reporting, and fund raising activities. He has degrees from Rhodes University in South Africa and Queens University in Canada, and is a registered Professional Geoscientist in the Province of Ontario.

Zula Kropivnitski – Chief Financial Officer

Zula Kropivnitski has over ten years of international experience in the resource sector, having served as chief financial officer and director of several public companies. She has been involved in all areas of financial reporting, corporate finance, and related aspects of regulatory compliance. Ms. Kropivnitski received her Certified General Accountant professional accounting designation from the Certified General Accountants Association of British Columbia and later obtained her ACCA designation from the Association of Chartered Certified Accountants. She has Master of Mathematics and Master of Economics degrees in Russia.

Eugenio Ponte – Vice-President, Environment and Corporate Social Responsibility

Eugenio Ponte has been general manager of alluvial gold operations in northwestern Argentina. He identified, developed and put into production the Orosmayo and Tatiana projects in the Puna/Altiplano, and was responsible for all facets of those operations. Mr. Ponte has a degree in International Affairs and has been active in the mining industry in South America for the last 15 years, involved in Administration and Logistics and managing Community Relations and Environmental Issues. In addition, he has managed exploration programs in environmentally sensitive areas such as the Amazon Basin as well as the Altiplano/Puna regions of the Cordillera.

Karl Cahill – Vice-President, Investor Relations

Karl Cahill has spent the last 10 years in the United States working as a consultant to emerging public technology, biotechnology and resources companies. Mr. Cahill's career spans 17 years in the public markets. He has served in investor relations and corporate communications capacities for various public companies in Canada and the United States. Mr. Cahill did his undergraduate studies in Finance at the University of Westminster in London, England and has lived and worked in Europe, Asia and North America.

Cassandra Gee – Corporate Secretary

Cassandra Gee has been involved with public companies for over 10 years in administration, international finance and accounting. Ms. Gee is experienced in securities law and compliance with regulatory requirements for public companies.

Concurrent Financing

As a condition precedent to the Amalgamation, Angel will undertake a private placement of Angel equity securities (the "Concurrent Financing") to raise not less than Cdn.$1,500,000 for the Resulting Issuer to meet the initial listing requirements of the Exchange. The equity securities to be issued pursuant to the Concurrent Financing will consist of 6,000,000 subscription receipts at a price of not less than Cdn.$0.25 per subscription receipt.

Each subscription receipt will, subject to the prior implementation of the Amalgamation, be automatically converted, for no additional consideration, into one (1) Angel post-Subdivision Share. Prior to the implementation of the Amalgamation, the gross proceeds of the Concurrent Financing will be deposited in escrow. Upon implementation of the Amalgamation, the gross proceeds from the Concurrent Financing will be released from escrow to the Resulting Issuer. If the Amalgamation is not implemented on or before December 15, 2016 or such later date as the parties to the Merger Agreement otherwise agree and, as a result, the Merger Agreement is terminated, then the gross proceeds from the Concurrent Financing will be returned to the subscribers to the Concurrent Financing and the subscription receipts will be cancelled.

Sponsorship

The Company currently intends to apply for a waiver of the Exchange requirements for sponsorship. There is no assurance that the requested waiver of the Exchange requirements for sponsorship will be granted.

Trading of Angel’s common shares will remain halted until completion of the Amalgamation or until satisfactory documentation is filed with the Exchange.

A copy of the Merger Agreement will be filed and made available from the Company's profile on SEDAR (www.sedar.com).

silver standard transaction

Silver Standard Completes Transaction on Diablillos and M-18 Projects

Nov 2, 2016
(Show News Item)

Silver Standard Resources Inc. (NASDAQ: SSRI) (TSX: SSO) (“Silver Standard”) announces today that it has completed the transaction on its Diablillos and M-18 projects with Huayra Minerals Corporation (“Huayra”) for aggregate consideration including approximately $14 million payable over the first five years and a 19.9% equity interest in Huayra. Huayra is a company focused on exploration and development of mineral properties in Argentina. This transaction was previously announced in Silver Standard’s news release dated
September 19, 2016.

SOURCE: Silver Standard Resources Inc.
For further information contact:
W. John DeCooman, Jr.
Vice President, Business Development and Strategy
Silver Standard Resources Inc.
Vancouver, BC
N.A. toll-free: +1 (888) 338-0046
All others: +1 (604) 689-3846
E-Mail: invest@silverstandard.com

silver standard details

Silver Standard Transaction on Diablillos and M-18 Project Details

Sep 19, 2016
(Show News Item)

Silver Standard Resources Inc. (NASDAQ: SSRI) (TSX: SSO) (“Silver Standard”) announces that it has entered into a definitive agreement (the “Agreement”) with Huayra Minerals Corporation (“Huayra”) to advance its Diablillos and M-18 projects, located in Argentina (collectively, the “Projects”). Silver Standard will maintain a 19.9% equity interest in Huayra and nominate one member to the Board of Directors of Huayra.

Paul Benson, President and CEO of Silver Standard said, “This transaction demonstrates our continued focus on maximizing the value of our portfolio of projects by partnering with an Argentina-focused company who can accelerate exploration and development at Diablillos and M-18. The transaction allows Silver Standard to support the success of Huayra and the advancement of the projects.”

Huayra is a company focused on exploration and development in Argentina. Huayra has entered into a binding letter of intent with Angel Bioventures Inc. (TSX.V: DDD.H) to complete a reverse takeover transaction (“RTO”). If the RTO is completed, the resulting company (the “Resulting Issuer”) is expected to be listed on the TSX Venture Exchange. Pursuant to the Agreement, if the RTO is completed, the Resulting Issuer is required to enter into an agreement with Silver Standard under which it will be bound by the terms of the Agreement and will assume all of Huayra’s obligations under the Agreement.

Under the terms of the Agreement, Silver Standard will be eligible to receive:

  • A 19.9% equity stake in Huayra, with free carried interest until the completion of a public offering of $5.0 million or more (the “Public Offering”);
  • The right to nominate one member to the Board of Directors of Huayra for up to three years after the closing date, provided that Silver Standard continues to hold more than ten percent of the then issued and outstanding shares of Huayra on a non-diluted basis;
  • The right to participate in future equity financings after the Public Offering to maintain its ownership level in Huayra for as long as Silver Standard continues to hold more than ten percent of the then issued and outstanding shares of Huayra on a non-diluted basis;
  • Cash payments to Silver Standard of approximately $1.5 million over the first two years and $12.5 million over the following three to five years; and
  • 1.0% net smelter returns royalty on production from each of the Projects.

Completion of the transaction is subject to customary closing conditions. Silver Standard expects the transaction to close in November 2016.

About Silver Standard

Silver Standard is a Canadian-based precious metals producer with three wholly-owned and operated mines, including the Marigold gold mine in Nevada, U.S., the Seabee Gold Operation
in Saskatchewan, Canada and the Pirquitas silver mine in Jujuy Province, Argentina. We also have two feasibility stage projects and an extensive portfolio of exploration properties throughout North and South America. We are committed to delivering safe production through relentless emphasis on Operational Excellence. We are also focused on growing production and Mineral Reserves through the exploration and acquisition of assets for accretive growth, while maintaining financial strength.

About Huayra Minerals Corporation

Huayra is a mineral exploration and development company engaged in the acquisition, exploration and development of mineral resource properties in Argentina. Huayra has rights in the Cerro Amarillo property in the Province of Mendoza, Argentina and the Samenta property in the Province of Salta, Argentina.

SOURCE: Silver Standard Resources Inc.
For further information contact:
W. John DeCooman, Jr.
Vice President, Business Development and Strategy
Silver Standard Resources Inc.
Vancouver, BC
N.A. toll-free: +1 (888) 338-0046
All others: +1 (604) 689-3846
E-Mail: invest@silverstandard.com