AbraSilver CEO wins Kitco award as 350Moz Diablillos advances toward 2026 FID

AbraSilver (TSX: ABRA) said it is advancing its Diablillos silver-gold project in Argentina toward a 2026 final investment decision (FID), with a definitive feasibility study (DFS) targeted for Q2 2026. CEO John Miniotis told Kitco at PDAC 2026 that Diablillos now totals ~350Moz silver-equivalent resources, with measured & indicated resources up ~170% since 2020, positioning the asset as a potential large, low-cost primary silver operation. Management is guiding to >13Moz silver-equivalent annual production, comprising >7Moz of silver and ~75koz of gold, at AISC targeted below $13/oz silver. The company is running a 15,000m Phase 6 drill program in 2026 aimed at further resource growth and potential incorporation into the DFS, while expecting environmental impact approvals “in the coming weeks” from provincial authorities in Salta and Catamarca. A key project catalyst is Argentina’s RIGI (Large Investment Incentive Regime). Miniotis called it a “game changer,” citing 30-year fiscal stability, a reduced 25% tax rate, removal of export duties, and easing of FX restrictions for qualifying projects. AbraSilver said its prior pre-feasibility work (pre-resource update) estimated these fiscal changes could add >$400m of value under conservative commodity assumptions; at current spot prices, he suggested the uplift could be “well over $1bn.” Economics remain highly levered to metals: AbraSilver models resources using sub-$25/oz silver assumptions and claimed that each 10% move in gold and silver improves project economics by >30%. Near-term watchpoints for traders are the timing/terms of RIGI implementation and permitting, plus DFS delivery in Q2 2026 as the key de-risking milestone into any financing/construction decision path.