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AbraSilver Files RIGI Bid for Diablillos, Targeting 2026 Construction

The filing seeks 30-year stability under Argentina’s RIGI, viewed as key to financing a mine exceeding $500 million.

Overview

  • AbraSilver formally submitted its application to include the 100%-owned Diablillos silver-gold project in the national RIGI incentive regime.
  • The company guides to an RIGI decision in early 2026, which it says could allow early works and a construction start by mid-2026 pending permits.
  • Definitive feasibility engineering is nearing completion, with the DFS slated for the first half of 2026 following final metallurgical test work.
  • Initial capital is projected at more than US$500 million, with the published prefeasibility estimating about US$544 million for first-phase development.
  • Measured and indicated resources are reported at roughly 186 million ounces of silver and 1.6 million ounces of gold, and SaltaCatamarca cooperation aims to streamline binprovincial permitting.