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FIRST ANDES SILVER LTD (TSXV: FAS) (OTC Pink: MSLVF) is a British Columbia-based company with a 100% interest in the high-grade Santas Gloria silver property in Peru. The company has initiated a maiden drill program, focusing on the Tembladera and San Jorge veins known for high-grade silver-base metal mineralization. The goal is to explore strike and depth extensions of these veins, leveraging surface and underground sampling data. With a community access agreement, archaeology certificates, environmental approvals, and water permits in place, FIRST ANDES SILVER LTD is poised for drilling success in a promising mining region.
Mantaro Precious Metals Corp. (OTCQB: MSLVF) has received the authorization for drilling at the Santas Gloria Property in Peru, allowing the construction of 20 drill pads to target high-grade silver and gold veins. Key systems include the Tembladera, San Jorge, Paquita, and Maribel vein systems, with historical silver grades reaching up to 10,000 g/t. Preliminary tests showed robust recoveries above 80%. Drilling is set to begin in November 2022, enhancing Mantaro's portfolio alongside its Golden Hill Property.
Mantaro Precious Metals Corp. (OTCQB: MSLVF) announced promising high-grade gold assay results from its maiden diamond drill program at the Golden Hill Property. Notable assays include:
- 8.00 meters @ 3.78 g/t Au in GH0005
- 4.00 meters @ 6.46 g/t Au in GH0006
- 1.00 meter @ 16.7 g/t Au in GH0001
- Significant gold intercepted across multiple structures with assays pending for 16 drill holes.
Dr. Christopher Wilson emphasized the consistency and significance of these results beneath the historical La Escarcha open pit.
Mantaro Precious Metals Corp. (OTCQB: MSLVF) reports positive results from its initial diamond drill program at the Golden Hill Property, demonstrating strong gold grades from the La Escarcha deposit. The first drill hole (GH0003) revealed 4.69m at 5.15 g/t Gold, including 2.2m at 9.38 g/t Gold. Significant mineralization extends to at least 100 meters below the surface, with further assays pending from 20 additional drill holes. The results support the potential for robust gold mineralization in the region, which is part of a broader geological structure.
Mantaro Precious Metals Corp. (OTCQB: MSLVF) announced the immediate resignation of CEO Craig Hairfield. Chairman Dr. Chris Wilson reassured shareholders regarding the company's strategy amidst challenging market conditions. Mantaro holds C$1.2 million in cash, sufficient for operations at the Golden Hill and Santas Gloria properties. Dr. Wilson emphasized the commitment to cost reduction and upcoming drill results from the Golden Hill Property in Bolivia, with further updates on Santas Gloria anticipated. The company emphasizes a proactive search for a new CEO.
Mantaro Precious Metals Corp. (OTCQB: MSLVF) has acquired a 51% stake in Minera Golden Hill S.R.L., owner of the Golden Hill Property in Bolivia. The transaction involved issuing 2 million shares, 1 million warrants, and cash payments totaling $500,000, along with a $250,000 investment in exploration. Mantaro aims to enhance its interests up to 80% in the future. The company will also focus on core properties, relinquishing its San Jose Silver Property to concentrate resources on Golden Hill and its Santas Gloria Silver Property.
Mantaro Precious Metals Corp. (OTCQB: MSLVF) announced the completion of its initial diamond drill program at the Golden Hill Property in Bolivia. A total of 21 drill holes were completed, totaling 3,009 meters, successfully intercepting multiple gold-bearing quartz veins at various depths, with the deepest at 225 meters. The drilling confirmed the continuity of gold structures at La Escarcha and identified new quartz veins at nearby prospects. Assay results are pending, which will guide future drilling phases to explore the depth potential of the gold system.
Mantaro Precious Metals Corp. (OTCQB: MSLVF) announced the completion of its initial four diamond drill holes at the La Escarcha gold deposit in Bolivia, totaling 720 meters. This initial phase of a 5,000 meter drilling program successfully intercepted down dip extensions of historically mined gold-bearing quartz shear zones, reaching depths of 150 meters. The company aims to confirm high-grade gold mineralization in areas previously mined. The drilling program shows excellent core recovery of nearly 100%, and further drilling is planned to explore additional extensions of the deposit.
Mantaro Precious Metals Corp. (OTCQB: MSLVF) has received approval from the Peruvian Ministry of Energy and Mines for the environmental application (FTA) related to its Santas Gloria Silver Property. This approval is critical as it allows Mantaro to now apply for final drilling permits, expected to be obtained by August 2022. The Santas Gloria property, covering 3,272 hectares, is entirely owned by Mantaro and boasts high-grade silver, gold, lead, and zinc. Previous channel sampling indicated silver assays exceeding 10,000 g/t.
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.
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