First Andes Silver Receives Approvals and Mobilizes Drill Rig for Santas Gloria Silver Property
First Andes Silver (TSXV: FAS) (OTC Pink: MSLVF) has received authorization from the Ministry of Mines in Peru to start its permitted drill program at the Santas Gloria silver property. The drill rig arrived on site on August 3, 2024, with the maiden drill program set to begin on August 5, 2024. The program will focus on strike and depth extensions of high-grade silver-base metal mineralized segments of the Tembladera and San Jorge veins.
The San Jorge vein system has shown surface channel samples assays of 93 to 2500 g/t Ag over 450 m strike length. The Tembladera vein system has returned underground channel sampling grades of >10,000 g/t Ag, >20% Pb and up to 9.1% Zn. The Santas Glorias property is located 100 km from Lima at an altitude of 3300 m and has a community access agreement valid until 2028.
First Andes Silver (TSXV: FAS) (OTC Pink: MSLVF) ha ricevuto l'autorizzazione dal Ministero delle Miniere in Perù per avviare il suo programma di perforazione autorizzato presso la proprietà argentea di Santas Gloria. Il trapano è arrivato sul sito il 3 agosto 2024, con il programma di perforazione che inizierà il 5 agosto 2024. Il programma si concentrerà sulle estensioni in strike e in profondità dei segmenti mineralizzati di metallo argentato di alta qualità delle vene Tembladera e San Jorge.
Il sistema venoso San Jorge ha mostrato campioni superficiali di canale con analisi che vanno da 93 a 2500 g/t Ag su una lunghezza di 450 m. Il sistema venoso Tembladera ha riportato gradi di campionamento di canale sotterraneo superiori a 10.000 g/t Ag, oltre il 20% di Pb e fino al 9,1% di Zn. La proprietà Santas Glorias si trova a 100 km da Lima, a un'altitudine di 3300 m e ha un accordo di accesso comunitario valido fino al 2028.
First Andes Silver (TSXV: FAS) (OTC Pink: MSLVF) ha recibido autorización del Ministerio de Minas de Perú para iniciar su programa de perforación autorizado en la propiedad de plata Santas Gloria. La plataforma de perforación llegó al sitio el 3 de agosto de 2024, y el programa de perforación comenzará el 5 de agosto de 2024. El programa se centrará en las extensiones en strike y en profundidad de segmentos mineralizados de metales base de alta ley en las venas Tembladera y San Jorge.
El sistema de venas San Jorge ha mostrado muestras de canal en superficie con análisis de 93 a 2500 g/t Ag en una longitud de 450 m. El sistema de venas Tembladera ha devuelto grados de muestreo de canal subterráneo de >10,000 g/t Ag, >20% Pb y hasta 9.1% Zn. La propiedad Santas Glorias se encuentra a 100 km de Lima a una altitud de 3300 m y tiene un acuerdo de acceso comunitario válido hasta 2028.
퍼스트 앤디스 실버 (TSXV: FAS) (OTC Pink: MSLVF)는 페루 광물부로부터 산타스 글로리아 은광에서 인가된 드릴 프로그램 시작을 허가받았습니다. 드릴 장비는 2024년 8월 3일 현장에 도착했습니다, 첫 드릴 프로그램은 2024년 8월 5일에 시작될 예정입니다. 이 프로그램은 템블라데라 및 칸 호르헤 광맥의 고품질 은-기반 금속 광물화된 구간의 스트라이크 및 깊이 확장에 집중할 것입니다.
산 호르헤 광맥 시스템은 450m의 스트라이크 길이에서 93에서 2500 g/t Ag의 표면 채널 샘플 분석을 보여주었습니다. 템블라데라 광맥 시스템은 지하 채널 샘플링에서 10,000 g/t Ag, 20% 이상의 Pb 및 최대 9.1% Zn의 성과를 보였습니다. 산타스 글로리다스 재산은 리마에서 100km 떨어진 3300m의 고도에 위치하며 2028년까지 유효한 커뮤니티 접근 계약이 있습니다.
First Andes Silver (TSXV: FAS) (OTC Pink: MSLVF) a reçu l'autorisation du Ministère des Mines du Pérou pour démarrer son programme de forage autorisé sur la propriété argentifère de Santas Gloria. La foreuse est arrivée sur le site le 3 août 2024, le programme de forage inaugural devant commencer le 5 août 2024. Le programme se concentrera sur les extensions en profondeur et de portée des segments minéralisés en métaux de base riches en argent des veines Tembladera et San Jorge.
Le système de veines San Jorge a montré des échantillons de canaux superficiels avec des assais de 93 à 2500 g/t Ag sur une longueur de 450 m. Le système de veines Tembladera a retourné des grades de prélèvement de canaux souterrains de >10 000 g/t Ag, >20 % Pb et jusqu'à 9,1 % Zn. La propriété Santas Glorias est située à 100 km de Lima, à une altitude de 3300 m et dispose d'un accord d'accès communautaire valable jusqu'en 2028.
First Andes Silver (TSXV: FAS) (OTC Pink: MSLVF) hat vom Ministerium für Bergbau in Peru die Genehmigung erhalten, um sein genehmigtes Bohrprogramm auf dem Silbergrundstück Santas Gloria zu starten. Die Bohranlage traf am 3. August 2024 vor Ort ein, wobei das erste Bohrprogramm am 5. August 2024 beginnen soll. Das Programm wird sich auf die Strike- und Tiefenerweiterungen von hochgradigen Silber-Basis-Metall-mineralisierten Abschnitten der Tembladera- und San Jorge-Venen konzentrieren.
Das San Jorge-Venensystem hat Oberflächenkanalmuster mit Gehalten von 93 bis 2500 g/t Ag über eine Strike-Länge von 450 m gezeigt. Das Tembladera-Venensystem hat unterirdische Kanalproben mit Gehalten von >10.000 g/t Ag, >20% Pb und bis zu 9,1% Zn ergeben. Das Santas Glorias Grundstück befindet sich 100 km von Lima entfernt in einer Höhe von 3300 m und verfügt über eine bis 2028 gültige Vereinbarung zum Zugang der Gemeinde.
- Received authorization from Ministry of Mines in Peru to commence drill program
- Drill rig mobilized and on site, with maiden drill program starting August 5, 2024
- High-grade silver assays from surface channel samples (93 to 2500 g/t Ag over 450 m strike length)
- Exceptional underground channel sampling grades (>10,000 g/t Ag, >20% Pb, up to 9.1% Zn)
- Community access agreement in place until 2028
- Environmental application and water permits accepted
- Authorization for drilling up to 20 pads
- None.
Vancouver, British Columbia--(Newsfile Corp. - July 29, 2024) - FIRST ANDES SILVER LTD. (TSXV: FAS) (OTC Pink: MSLVF) (FSE: 9TZ) (the "Company" or "First Andes") is pleased to announce that, following the Ministry of Mines (Peru) inspection of drill site at the Santas Gloria silver property, it has received authorization from the Ministry of Mines (Peru) 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.
The drill program will focus on strike and depth extensions of high-grade silver-base metal mineralized segments of the Tembladera and San Jorge veins, which have been defined by channel sampling of surface veins and underground workings (Figure 1).
San Jorge is a multiphase silver-rich intermediate sulphidation epithermal vein system, that is up to 6 meters wide at the surface and has been mapped over 2 strike kilometers. Drilling will test the down dip extensions of a high-grade zone that returned surface channel samples assays of between 93 to 2500 g/t Ag over 450 m strike length. First Andes also plans to target a high-grade mineralized shoot beneath historical underground mine workings which returned underground channel samples grades of up to 3210 g/t Ag.
The Tembladera vein system is a complex of silver-rich intermediate sulphidation vein splays and breccia's in the south of the Santas Gloria silver property, with a cumulative vein strike length of over 4 kilometers. Drilling at Tembladera will test the downdip and strike extensions of the vein where underground channel sampling by the Company that returned grades of >10,000 g/t Ag, >
Figure 1: Map of the Santas Gloria Property showing planned drill pads, hole traces and channel sampling results.
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/10525/218085_e62651c194541b0c_002full.jpg
The Santas Glorias property is approximately 100 km from Lima, is at a relatively low altitude of 3300 m, and benefits from a community access agreement that is valid until 2028. The Company was awarded three archaeology certificates (CIRA) that cover key drill targets and confirm that there are no archaeological impediments to drilling. The Company's environmental application (Ficha Tecnica Ambiental) and water permits have been accepted and an authorization for drilling (AIA) up to 20 pads. The Company elected to initially construct only 10 of the possible 20 pads - allowing for optionality of pad location for a second round of drilling. Multiple diamond holes can be drilled off each pad.
Qualified Person
Dr. Christopher Wilson, Ph.D., FAusIMM (CP), FSEG, FGS, a Qualified Person under National Instrument 43-101, has reviewed and approved the technical information contained in this news release.
About First Andes Silver Ltd.
First Andes Silver Ltd. is a British Columbia company that holds a
For more information please contact:
Jacob Garland
Phone: (604) 806-0626
E-mail: info@firstandes.com
Forward-Looking Statements
Information set forth in this news release contains forward-looking statements that are based on assumptions as of the date of this news release. These statements reflect management's current estimates, beliefs, intentions and expectations. They are not guarantees of future performance. The Company cautions that all forward-looking statements are inherently uncertain and that actual performance may be affected by a number of material factors, many of which are beyond the Company's control. Such factors include, among other things: risks and uncertainties relating to Company's limited operating history, ability to obtain sufficient financing to carry out its exploration programs and the need to comply with environmental and governmental regulations. Accordingly, actual and future events, conditions and results may differ materially from the estimates, beliefs, intentions and expectations expressed or implied in the forward-looking information. Except as required under applicable securities legislation, the Company undertakes no obligation to publicly update or revise forward-looking information.
The forward-looking statements contained in this news release are made as of the date of this news release. Except as required by law, the Company disclaims any intention and assumes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/218085
FAQ
When is First Andes Silver (MSLVF) starting its drill program at Santas Gloria?
What are the key targets for First Andes Silver's (MSLVF) drill program at Santas Gloria?
What were the silver grades found in surface sampling at First Andes Silver's (MSLVF) San Jorge vein?
What were the underground sampling results from First Andes Silver's (MSLVF) Tembladera vein system?
