Andean Silver Ltd
Andean Silver Limited is an Australia-based mineral exploration and development company.
The business
Andean Silver Limited is an Australia-based mineral exploration and development company. The Company is focused on advancing its 100% owned Cerro Bayo Silver-Gold project in the Aysen region of Southern Chile. The Cerro Bayo Silver-Gold project covers 285 square kilometers (km2) and comprises over 70 contiguous exploration concessions as well as surface properties that cover the areas of the Laguna Verde mining district and processing facilities. The Cerro Bayo Silver-Gold Project hosts indicated and inferred mineral resources of 9.8 million tons at a grade of 353 grams per ton for 111 million ounces of contained silver equivalent (AgEq). Its other projects include Hillside Project, Mt Alexander Project and Araluen Project. The Mt Alexander Project (E29/1167) is located on the western margin of the prospective Mt Alexander greenstone belt. The Los Domos represents southeastern extension of the Cerro Bayo system with a cumulative strike of over 10km and comprising over 8 major targets.
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Latest news
Andean Silver Raises $30m to Accelerate Resource Conversion at Cerro Bayo Project in Chile
Andean Silver (ASX: ASL) has received strong support for a $30 million placement priced at A$1.85 per share to accelerate exploration at its Cerro Bayo silver-gold project in Chile.
Andean Silver Unveils Further ‘Bonanza’ Grades at Cerro Bayo Project in Chile
Andean Silver (ASX: ASL) continues to reap the benefits of an aggressive exploration strategy, hitting further “bonanza” grade silver intersections at its Cerro Bayo silver-gold project in Chile. The company’s ongoing resource expansion program at Cerro Bayo is targeting a significant increase to the current global project mineral resource of 9.8 million tonnes at 351 grams […]
Andean Silver Hits Multiple High-Grade Silver-Gold Veins at Cerro Bayo
Andean Silver’s (ASX: ASL) aggressive exploration campaign at Cerro Bayo has led to a new discovery at the Chilean silver-gold project. Since successfully acquiring Cerro Bayo in early 2024, Andean has continued to accelerate the pipeline of high-grade drill-ready discoveries close to existing infrastructure, underpinning the exciting resource growth trajectory of the project. Notably, the […]
Andean Silver hits new mineralisation outside of Cerro Bay resource with aggressive drilling campaign
Andean Silver (ASX: ASL) has hit extensive new mineralisation outside the current resource with an aggressive drilling campaign at the historical Cerro Bay silver-gold project in Chile. The latest assays from the Coyita North, Pegaso 7 and Cristal deposits within the Laguna Verde mining complex have continued to expand the project’s critical mass of resources. […]
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