What is AbraSilver Resource Corp?
AbraSilver Resource Corp is an advanced-stage exploration enterprise dedicated to the rapid development of its 100%-owned Diablillos silver-gold project. Situated in the mining-prolific provinces of Salta and Catamarca, Argentina, the project boasts a Proven and Probable Mineral Reserve estimate of 42.3 Mt, grading 91 g/t Ag and 0.81 g/t Au. This equates to approximately 124 Moz of silver and 1.1 Moz of gold. Beyond its primary asset, the company maintains a strategic earn-in option and joint venture agreement with Teck regarding the La Coipita project in San Juan, further diversifying its exploration footprint and potential for long-term resource expansion.
How much funding has AbraSilver Resource Corp raised?
AbraSilver Resource Corp has raised a total of $111.5M across 3 funding rounds:
Stock Offering
$33.2M
Stock/Share Issuance
$46.2M
Stock/Share Issuance
$32.1M
Stock Issuance/Offering (2025): $33.2M with participation from Central Puerto and Kinross
Stock/Share Issuance (2025): $46.2M led by Kinross
Stock/Share Issuance (2026): $32.1M supported by Beacon Securities Limited, National Bank Financial - Wealth Management, and Raymond James
Key Investors in AbraSilver Resource Corp
Kinross
Kinross Gold Corporation is a leading global gold and silver mining company headquartered in Canada, focusing on responsible mining practices and operational excellence across the Americas and Africa.
Beacon Securities Limited
Beacon Securities Limited is a fully integrated, independent, employee-owned firm providing institutional equity, debt, and advisory services with a deep commitment to issuer success.
Raymond James
Raymond James Financial is a diversified U.S.-based financial services firm offering investment advisory, capital markets, and asset management services to a broad range of institutional and individual clients.
What's next for AbraSilver Resource Corp?
With the recent capital infusion, AbraSilver is poised to intensify its drilling and resource definition programs at Diablillos. The strategic focus will likely shift toward optimizing the project's economic profile and advancing feasibility studies to transition from exploration to potential production. Furthermore, the company is expected to leverage its partnership with Teck to unlock value at the La Coipita project. By maintaining a disciplined approach to capital allocation, AbraSilver aims to maximize shareholder value while navigating the complex regulatory and operational landscape of the Argentine mining sector. The company remains committed to sustainable exploration practices, ensuring that its growth trajectory aligns with global standards for environmental and social governance.
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