First Andes Silver Ltd. today announced that it has closed its oversubscribed private placement financing, previously announced on February 10, 2025, by issuing a total of 21,300,000 common shares at a price of $0.05 per share for gross proceeds of $1,065,000 . The securities issued under the Offering will be subject to restrictions on resale for a period of four months from the date of issue. The Company paid finders a [...]
First Andes Silver Ltd. is pleased to announce that seasoned mining executive Ian Stalker has been appointed as Executive Chairman and a director of the Company and James Hutton has been appointed as an advisor to the Company. Ian Stalker is a senior international mining executive with over 50 years of hands-on experience in resource development and has raised over $1 billion from the capital markets over his career. Mr [...]
First Andes Silver Ltd. is pleased to announce multiple high-grade silver assays from its recently completed maiden diamond drill program at the Santas Gloria silver property, located in Peru. Highlights: Significant silver assays include: 7.43m at 224 g/t AgEq from 86.70m including 0.95m at 754 g/t AgEq and 1.23m at 387 g/t AgEq 3.10m at 155 g/t AgEq from 47.30m 6.40m at 108 g/t AgEq from 138.8m including 2.26m at 162m [...]
First Andes Silver Ltd. is pleased to announce that it has completed its maiden diamond drill program at the Santas Gloria silver property, located in Peru. Highlights: 12 diamond drill holes completed for a total of 1175.3 meters at the Tembladera, San Jorge, Paquita and Maribel vein systems. Drilling successfully intercepted silver bearing intermediate sulphidation epithermal veins. Assays pending for all diamond drill [...]
First Andes Silver Ltd. is pleased to announce that, following the Ministry of Mines inspection of drill site at the Santas Gloria silver property, it has received authorization from the Ministry of Mines to commence its permitted drill program at the Santas Gloria silver property. The drill rig has now been mobilized, arriving on site on August 3, 2024, with the maiden drill program targeted to commence August 5, 2024 [...]
First Andes Silver Ltd. is pleased to announce that it has entered into a drill contract for its maiden drill program at the high-grade Santas Gloria silver property. Highlights: An initial 1,500m diamond drill program to commence in the upcoming weeks. Drilling to target Tembladera and San Jorge vein systems with previous high-grade results: Tembladera underground channel assays of >10,000 g/t Ag, >20% Pb and up to 9.1 [...]
Mantaro Precious Metals Corp. announces that it has received a notice of termination from Luis Fernando Kinn Cortez terminating the option agreement dated August 23, 2021 among the Company, Mineral Golden Hill S.R.L. and the Optionor. Under the terms of the Option Agreement, the Company had the right to earn up to an 80% interest in the Golden Hill Property. Concurrent with the delivery of the notice of termination, Mr [...]
Mantaro Precious Metals Corp. is pleased to announce the commencement of follow-up tailings sampling at the Golden Hill property . This program aims to quantify the gold content within the tailings, with the ultimate goal of evaluating the potential for re-processing via heap leaching and increasing the resource base at Golden Hill. Highlights: Follow up sampling survey to provide base for resource estimation of [...]
Mantaro Precious Metals Corp. is pleased to announce a Mineral Resource Estimate for its Golden Hill Property , Bolivia. The Mineral Resource Estimate was prepared by P&E Mining Consultants Inc. on behalf of the Company. Highlights: Inferred Mineral Resource Estimate of 857,000 tonnes at 4.4 g/t gold for 121,000 ounces of gold at a 1.5 g/t gold cut-off. Estimate is based on 14 diamond drill holes totaling 2,405m [...]
Mantaro Precious Metals Corp. is pleased to report results from a petrographic study on drill core from the Company's maiden drill program at the Gold Hill gold deposit in Bolivia. This report represents a final stage of verification prior to release of a maiden mineral resource estimate. Highlights: Gold deposition at La Escarcha, including gold grades intercepted in the maiden drill program, is primary and not related [...]
Mantaro Precious Metals Corp. is pleased to announce that it has closed its acquisition of two highly prospective licenses, being the East Trend and Media Sur properties, in the San Ramon Greenstone belt in Bolivia. Under the share purchase agreement with Jacob Garland , the Company acquired all of the shares of Minera Meranti Ltda , a Bolivian company that holds title to the East Trend and Media Sur licenses. In [...]
Mantaro Precious Metals Corp. is pleased to provide an update as to the status of the maiden resource estimate at the Company's Golden Hill Property, Bolivia. Recently, the Company's independent qualified person, Mr. Juan Manuel Morales-Ramirez , completed the necessary site visit and data verification necessary to complete the independent technical report on the Golden Hill Property. Accordingly, the Company is targeting [...]