AbraSilver unveils appointments ahead of final investment decision
AbraSilver Resources Corp. [ABRA-TSXV, ABBRF-OTC] has announced a series of appointments and promotions to the company’s board of directors and senior management team, positioning the company for the next stage of growth as its Diablillos silver-gold project in Argentina transitions to the development stage.
With the definitive feasibility study complete and all key permits and approvals in hand, the company is aligning its leadership and organizational structure to be focused on project execution as it advances towards a final investment decision.
The company has announced the following changes effective immediately. Marie Inkster has been named Executive Chair of the Board of Directors. John, Miniotis, President and CEO, has been appointed a director of the company. Jeremy Weyland, Senior Vice President, Projects and Development, has been promoted to Chief Operating Officer. Hernan Zaballa and Sam Leung have stepped down from the board of directors and will continue to support the company in different capacities. Meanwhile, the company is actively expanding its project development team, with additional appointments expected in the near term at both the Diablillos site and at the corporate level.
Marie Inkster is an experienced mining industry executive and chartered professional accountant with over 25 years of experience in public company management, corporate transactions, and finance, having served in senior leadership roles, including as president and CEO of an international diversified base metals mining company.
AbraSilver shares were unchanged Wednesday at $15.39. The shares are currently trading in a 52-week range of $19.57 and $5.11.
AbraSilver is a silver, gold and copper exploration company with projects in Argentina and Chile. Its shares were recently listed for trading on the TSX. AbraSilver’s primary focus is on exploring and advancing the Diablillos project, a high-sulphidation, epithermal silver-gold deposit located in Salta Province, Argentina
The 80 square kilometre Diablillos property is located in the Argentina Puna region – the southern extension of the Altiplano of southern Peru, Bolivia and northern Chile. The project was acquired from SSR Mining Inc. [SSRM-TSX, NASDAQ, SSR-ASX] in 2016.
As announced on June 22, 2026, the definitive feasibility study outlines a development plan based on a conventional open-pit mining operation and a 9,000 tonne-per-day processing facility. The study envisages average annual production of 20 million ounces of silver equivalent (AgEq) during the first five years of full mine production. The initial capital expenditure is pegged at $722 million (including a $98 million contingency). Full production is targeted before year end 2029, subject to an investment decision.
The company recently reported an updated resource estimate which it said demonstrates significant growth across the project, with measured and indicated resources now standing at 232 million tonnes, containing approximately 248 million ounces of silver and 2.54 million ounces of gold (454 million ounces of silver equivalent AgEq). The contained metal in the measured and indicated resource has increased by 25% for silver, 48% for gold, and 30% for AgEq, compared to an earlier estimate in July, 2025.