# AbraSilver Files Definitive Feasibility Study Technical Report & Provides Heap Leach PEA Update

Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/abrasilver-files-definitive-feasibility-study-technical-report-provides-heap-lea--be9a61ea-f00c-4a78-abab-e147a657c436

Original source: https://money.tmx.com/en/quote/ABRA/news/7573417094767115/abrasilver-files-definitive-feasibility-study-technical-report-provides-heap-lea

Publisher: tmx

Original announcement: 2026-07-21T11:30:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: Unknown date

Atlas analysis updated: Unknown date

- Company: AbraSilver Resource Corp.

- Ticker: ABRA

- Exchange: TSX

- Region: Argentina

- Primary commodity: Silver

- Secondary commodities: Gold

- Document categories: Economic study, Metallurgy

- Extracted: 2026-09-19 06:42:30 UTC

Narrative sentiment: 0.80 · Bullish

## Minestarters Atlas summary

AbraSilver has filed its Definitive Feasibility Study \(DFS\) for the Diablillos project in Argentina, reporting a US$3.0 billion NPV and a 41.9% IRR based on an open-pit operation. Additionally, the company reported encouraging metallurgical testwork results for a potential supplementary heap leach operation, which will be incorporated into an updated PEA and Mineral Resource Estimate later this year.

Reasoning: The announcement of a DFS filing with robust economics \(41.9% IRR\) combined with encouraging metallurgical results for a supplementary heap leach project provides significant positive momentum.

- Positive factor: High IRR of 41.9% for the DFS base case

- Positive factor: Strong NPV of US$3.0 billion

- Positive factor: Better-than-expected metallurgical results for heap leach

- Positive factor: Short payback period of 1.7 years

Facts used in scoring: 2

## Classification and evidence

**DFS Bankable**

Polarity: positive

Definition: AACE Class 2-1 study complete and within the staleness window.

Why it applies: The company has filed a Definitive Feasibility Study \(DFS\) compliant with NI 43-101.

Evidence · text

> filed a National Instrument 43-101... compliant Technical Report for its Definitive Feasibility Study \("DFS" or the "Report"\)

**High IRR**

Polarity: positive

Definition: Post-tax real unlevered IRR in the strong tier or better.

Why it applies: The DFS reports an after-tax IRR of 41.9%, which is in the strong tier.

Evidence · text

> an after-tax IRR of 41.9%

**Fast Payback**

Polarity: positive

Definition: Payback in the strong tier or better, on the required basis.

Why it applies: The payback period is 1.7 years, which is in the exceptional tier.

Evidence · text

> a 1.7- year payback period

**Heap Leach Route**

Polarity: neutral

Definition: Processing via heap leach — lower CAPEX and OPEX, lower recovery expected.

Why it applies: The company is evaluating a supplementary heap leach operation.

Evidence · text

> evaluating a potential supplementary heap leach operation

**Single Domain Only**

Polarity: negative

Definition: Testing limited to one composite or domain — representativeness not established.

Why it applies: only one composite was tested

## Extracted facts

Stored fact records: 1. Some facts used in scoring do not have a stored record.

## Metallurgical Results (1)

### Fact 1

[Link to this fact](https://atlas-extractions.minestarters.com/news/abrasilver-files-definitive-feasibility-study-technical-report-provides-heap-lea--be9a61ea-f00c-4a78-abab-e147a657c436#fact-metallurgical-facts-1)

Diablillos · gold

#### Identity

- Project: Diablillos
- Commodity: gold
- Region: argentina
- Reported Region: Argentina
- Ticker: ABRA

#### Test Work

- Program Status: preliminary
- Sample: lower-grade mineralization intended for the proposed heap leach operation

#### Recovery

- Recovery Basis: actual\_test

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-07-21T00:00:00.000Z

Reasoning: Metallurgical results for the heap leach option are positive but specific numeric recovery values were not disclosed in this release.

- Positive factor: Results exceeded expectations

- Positive factor: Improved gold recoveries

Evidence · text

> demonstrating significantly improved gold recoveries relative to previous assumptions.

## How Atlas produces this analysis

Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.