Andean Silver High-Grade Discovery
Discovery of high-grade silver-gold mineralization at the Juanita Prospect represents a significant expansion of Andean Silver's resource potential and future production pipeline
Too little corroboration in the last 3 days to call a trend (5 articles). Watching for it to gain traction.
"These exciting results confirm the continued growth of Brimstone and Vortex and support the Company's strategy of expanding both systems to define the best path for development, including the potential for a high-grade underground silver mine."
"Potential feeder target below Brimstone advanced by newly confirmed stockwork veining across a wider zone, as follow-up drilling on last year's geophysics survey continues."
"Hole SH26-20 returned 9.57 metres grading 364 g/t silver equivalent, and SH26-21 returned 15.3 metres grading 207 g/t AgEq. These two holes continue to demonstrate mineralization is open at depth, with reliable widths and high grades, validating the company's interpretation that the system remains open down dip and along strike to the north and south."
"The miner reported that it has defined a 'highly prospective' new area at Cerro Bayo with the potential to host a major silver-gold system, with rock chip sampling returning results that included 62,663g/t silver equivalent and 41,489g/t silver equivalent."
"With the miner reporting $53.4 million in cash at the end of the March quarter, it said it is well-funded for the growth drilling and future feasibility works ahead."