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 an advanced-stage exploration company focused on rapidly advancing its 100%-owned Diablillos silver-gold project in the mining-friendly Salta province of Argentina. The current Measured and Indicated Mineral Resource estimate for Diablillos consists of 51.3 Mt grading 66g/t Ag and 0.79g/t Au, containing approximately 109Moz silver and 1.3Moz gold, with significant further upside potential based on recent exploration drilling. 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$15M Debt: NIL
Major shareholders: Eric Sprott – 13% Management Ownership – 3%
Management Profile
John Miniotis – President and CEO John Miniotis has over 18 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
What do you think makes your company such a compelling investment?
Well-funded to continue to exploration activities and advance the project towards a construction decision