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Andean Silver Expands Cerro Bayo Project with New Vein Discoveries

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Andean Silver Expands Cerro Bayo Project with New Vein Discoveries

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Mitre Mining Corporation Limited ( (AU:ASL) ) just unveiled an update.

Andean Silver Limited, operating within the mining industry, has announced significant progress in its Cerro Bayo Silver-Gold Project in Chile. The company has identified an extensive new 1.2km mineralized vein system and drilling targets, expanding the known Droughtmaster Corridor. This discovery includes high-grade silver and gold prospects, with rock chip results showing substantial silver equivalent grades. The new findings are expected to enhance the company’s resource base and exploration potential, with drilling continuing to further expand the high-grade underground resources and bulk open pit areas.

The most recent analyst rating on (AU:ASL) stock is a Buy with a A$3.05 price target. To see the full list of analyst forecasts on Mitre Mining Corporation Limited stock, see the AU:ASL Stock Forecast page.

More about Mitre Mining Corporation Limited

Average Trading Volume: 926,696

Technical Sentiment Signal: Hold

Current Market Cap: A$150M

See more data about ASL stock on TipRanks’ Stock Analysis page.

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