AbraSilver Resource
Primary ticker: TSXV:ABRA, OTCQX:ABBRF
Stage of development: Exploration
Primary minerals: Silver, Gold
Project to promote: Diablillos
Project location: Argentina
Website: abrasilver.com
AbraSilver is a well-funded silver-gold focused advanced-stage exploration company. The Company is rapidly advancing its 100%-owned Diablillos silver-gold project in the mining-friendly Salta province of Argentina, which has a current Measured and Indicated Mineral Resource of over 90 million ounces of silver and 1.0 million ounces of gold. The Company is led by an experienced management team and has long-term supportive shareholders including Mr. Eric Sprott. In addition, AbraSilver owns a portfolio of earlier-stage copper-gold projects including the La Coipita copper-gold project in the San Juan province of Argentina. AbraSilver is listed on the TSX-V under the symbol “ABRA” and in the U.S. under the symbol “ABBRF”.
Cash: CAD$17M
Debt: NIL
Major shareholders:
Eric Sprott – 13%
Management Ownership – 3%
Financials
Management Profile
John Miniotis – President and CEO
John Miniotis has over 17 years of experience in the mining industry focused primarily on mergers & acquisitions, equity capital markets, investor relations and corporate finance. He was previously the Interim CEO of Aethon Minerals Corp where he was responsible for overseeing the capital markets and mergers and acquisitions strategy of the company, which culminated in the successful merger with AbraSilver. Prior to joining Aethon he was the VP Corporate Development at AuRico Metals, which was acquired by Centerra Gold in January 2018 for approximately $310 million. John was also the Senior Manager, Corporate Development and Investor Relations at Lundin Mining, where he played a key role in successfully executing various acquisitions valued over $2 billion, and was also responsible for Investor Relations. Prior to that he worked in mining equity research at Wellington West Capital Markets and BMO Capital Markets, and commenced his career in the Corporate Development group at Barrick Gold.
What is your rationale for taking part in 121 Mining Investment?
Meeting new investors
What recent news would you like to highlight to investors attending?
Exploration results and updated resource estimate
What are your key goals in 3 months, 6 months, 12 months?
3 Months:
Continue successful exploration program
6 Months:
Announce an updated resource estimate
12 Months:
Advance project towards a bankable feasibility study