Diablillos is located in the Argentine Puna region, which is the southern extension of the Altiplano of southern Peru, Bolivia, and northern Chile. Credit: AbraSilver
As of 9:45 a.m. EDT Monday, AbraSilver’s shares fell by 5.1% to C$0.37, still close to a 52-week high of C$0.42. The company has a market capitalization of C$209.3 million . The project recently advanced to the pre-feasibility stage, with the technical report outlining a 13-year open-pit operation with average annual production of 7.7 million oz. silver and 71,000 oz. gold. During the first five years, its silver production could reach 14.5 million oz. annually.
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