The latest announcement is out from Mitre Mining Corporation Limited ( (AU:ASL) ).
Andean Silver Limited has announced a significant increase in the Mineral Resource at its Cerro Bayo Silver-Gold Project in Chile, with resources now totaling 111 million ounces of silver equivalent, marking a 22% increase. This expansion underscores the project’s scale and high-grade potential, with ongoing drilling efforts targeting further resource growth and the conversion of inferred resources to measured and indicated categories. The company is well-funded to continue its exploration and development activities, aiming for rapid resource growth and long-term exploration opportunities.
More about Mitre Mining Corporation Limited
Andean Silver Limited (ASX: ASL) is engaged in the exploration and development of silver and gold resources, with a focus on the Cerro Bayo Silver-Gold Project in Chile. The company aims to expand its resource base and explore development opportunities in this premier silver-gold province.
YTD Price Performance: 66.05%
Average Trading Volume: 833,506
Technical Sentiment Signal: Sell
Current Market Cap: A$213.6M
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