Welcome to our dedicated page for First Andes news (Ticker: mslvf), a resource for investors and traders seeking the latest updates and insights on First Andes stock.
Overview of First Andes Silver Ltd.
First Andes Silver Ltd. (MSLVF) is a British Columbia-based mineral exploration company that holds a 100% interest in the Santas Gloria silver property in Peru. Focused on high-grade silver-base metal mineralization, the company employs advanced exploration techniques that include diamond drilling and systematic channel sampling to extend its understanding of multiple vein systems. Positioned within an established mining district, First Andes Silver leverages both modern technology and proven geological methods to evaluate and define its high-potential resource base.
Core Business and Operations
The company’s core business is centered around the exploration of intermediate sulphidation epithermal systems, with a particular emphasis on the identification and definition of high-grade silver deposits. Utilizing a methodical approach, its exploration program targets both surface and subsurface mineralization through strategically planned drill programs that test strike and depth extensions of known vein systems, including the Tembladera and San Jorge veins. This approach is designed to confirm the continuity of mineralization and test for further extensions beneath historic mine workings.
Key operational aspects include:
- Exploration Techniques: The use of diamond drill rigs, channel sampling, and geologic mapping to delineate mineralized zones.
- Operational Efficiency: Implementation of quality assurance protocols including industry-standard laboratory tests to ensure accurate assay results.
- Permitting and Regulatory Compliance: The company operates under robust regulatory frameworks with environmental approvals and community access agreements, facilitating smooth exploration activities.
Geological and Technical Insights
First Andes demonstrates expertise through its detailed understanding of the mineralized systems at Santas Gloria. The property hosts multiple vein systems that exhibit high-grade silver-base metal mineralization within an intermediate sulphidation epithermal setting. Geological assessments indicate that these systems are extensive in both lateral strike and depth, making them significant from a resource perspective. The company’s detailed geological mapping and sampling campaigns have laid a solid foundation for its ongoing and future drilling programs, ensuring that exploration is both comprehensive and technically sound.
Market Position and Industry Relevance
Within the broader mining exploration sector, First Andes Silver holds a strategic position by focusing on a resource-rich deposit that benefits from established infrastructure and favorable community agreements. Its operations are characterized by a balanced investment in modern exploration methods and rigorous analytical techniques to deliver reliable technical data. This balance reinforces not only the company’s credibility among industry peers but also an overall trustworthiness that is essential for attracting further capital and technical partnerships.
Technical and Financial Considerations
While the company’s financing activities, such as private placements, support its exploration programs, the emphasis remains on the technical validation of the resource. This approach ensures that discussions about operation, drilling results, and geological evidence maintain a neutral, yet highly informative tone. The firm’s consistent adherence to quality assurance methodologies and its focus on methodical exploration rather than speculative forecasts enhance its reputation among analysts and investors interested in long-term observational data.
Investor and Analyst FAQs
Investors and market researchers will note that First Andes Silver’s detailed exploration programs not only define the deposit but also inform the company’s strategic planning. Through clear communication of its exploration methodologies, the company provides a transparent framework to assess its technical potential within a competitive landscape. The integration of modern drilling methods with classical geological surveys creates a comprehensive picture of the resource potential at Santas Gloria, making it a noteworthy entity in the mineral exploration industry.
Mantaro Precious Metals Corp. (OTCQB: MSLVF) has initiated a 5,000-meter diamond drill program at the Golden Hill Property in Bolivia. The initial focus will be on the veins of the La Escarcha Gold Mine, which reportedly contain significant visible gold and indicate increasing gold grades with depth. CEO Craig Hairfield expressed optimism about the ongoing preparations and the anticipation of assay results from this maiden drill program. The company holds interests in several mineral properties in Bolivia and Peru.
Mantaro Precious Metals Corp. (OTCQB: MSLVF) is set to initiate a 5,000-meter diamond drilling program at the Golden Hill Property in Bolivia, starting the week of May 15, 2022. This program follows extensive geological work revealing a 6-kilometer mineralized footprint. The initial focus will be on the La Escarcha area, with subsequent drilling planned at other exploration targets. The project is supported by drilling contractor Leduc Drilling, which has significant experience in Bolivia.
Mantaro Precious Metals Corp. (OTCQB: MSLVF) has appointed Matthew Anderson as the new Chief Financial Officer, taking over from Kelvin Lee, who has served since 2020. Anderson, a managing director at Malaspina Consultants, brings extensive experience in financial and accounting functions, having held CFO roles in various junior public companies since 2010.
To coincide with Anderson's appointment, the company granted him 100,000 options priced at $0.35 per share for five years. Mantaro focuses on gold and silver properties in Bolivia and Peru.
Mantaro Precious Metals Corp. (OTCQB: MSLVF) has announced a drill contract with Leduc Drilling for a 5,000-meter diamond drilling program at its Golden Hill Property in Bolivia. The drilling, set to begin in late April 2022, will focus on three targets: La Escarcha, Gabby, and Brownfields, where quartz veins measuring 1 to 5 meters in width have been identified. CEO Craig Hairfield emphasized the potential of the Golden Hill region for gold exploration, highlighting that drilling will test the depth extension of mineralization at La Escarcha first.
Mantaro Precious Metals Corp. has appointed Craig Hairfield as the new Chief Executive Officer, succeeding Dr. Chris Wilson, who remains as Executive Chairman. Hairfield brings over 17 years of experience in the mining industry, including roles in private equity and M&A advisory. His primary focus will be on leading the capital markets strategy and enhancing shareholder communication about the progress at the Golden Hill Property in Bolivia and other silver projects in Peru. The company has also granted Hairfield 250,000 stock options at $0.20 per share.
Mantaro Precious Metals Corp. (MSLVF) announced the successful completion of reconnaissance mapping and sampling at the Golden Hill Property, identifying over 2 kilometers of new vein structures. A total of 500 surface rock chip samples were collected, revealing visible gold in previously untested veins. The mineralized footprint now extends to over 6 kilometers. Results from these samples are anticipated by the end of March 2022, helping to define high-priority drilling targets. The CEO expressed optimism regarding the exploration potential.
Mantaro Precious Metals Corp. (OTCQB: MSLVF) announced positive results from channel sampling at the Santas Gloria Silver Property in Peru, identifying two new veins: the Nicolas and Eulalia. Highlights include over 400 silver assays with grades exceeding 1,000 g/t Ag, and multiple high-priority drill targets defined over 3 kilometers. The company has also secured archaeological permits for drilling. Previously reported underground assays reached up to 10,000 g/t Ag, underscoring the site's potential. Mantaro aims to drill test the highest-grade areas soon.
Mantaro Precious Metals Corp. (OTCQB: MSLVF) has announced its 2021 achievements and future plans for exploration in Peru and Bolivia. Highlights include an $8.25 million financing, options for an 80% interest in the Golden Hill Property, and high-grade silver assays from the Santas Gloria Silver Property showing up to 10,000 g/t silver. The company is set to begin a 5000 m diamond drill program at Golden Hill in Q1 2022, with a focus on the La Escarcha target.
Mantaro Precious Metals Corp. (OTCQB: MSLVF) reported promising preliminary metallurgical test results from its Golden Hill Property. Conducted by SGS Canada, the tests revealed gold recovery rates of 73.6% via gravity separation and 94% through cyanidation from underground material. The average head grade was confirmed at 5.53 g/t Au by fire assay. This positive data suggests a solid foundation for the upcoming diamond drill program, enhancing investor confidence in the project's potential.
Mantaro Precious Metals Corp. (OTCQB: MSLVF) announced positive results from the San Jose Silver Property in Peru, revealing high-grade silver and gold assays from 140 surface rock chip samples. Notably, 11 samples exceeded 100 g/t Ag, with a maximum of 376 g/t Ag, and 7 samples exceeded 1 g/t Au, reaching up to 6.44 g/t Au. The technical team identified seven new veins during reconnaissance mapping. The property spans 3,300 hectares and is 100% owned, with plans for an extensive field program in early 2022.
FAQ
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