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Andean Silver Limited Reports Significant Resource Growth at Cerro Bayo Project

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Andean Silver Limited Reports Significant Resource Growth at Cerro Bayo Project

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An update from Mitre Mining Corporation Limited ( (AU:ASL) ) is now available.

Andean Silver Limited reported a successful quarter with a significant increase in mineral resources at its Cerro Bayo Silver-Gold Project in Chile, achieving an 18% increase in total tonnes and a 22% increase in silver equivalent ounces. The company is aggressively pursuing exploration and resource upgrades, aiming to enhance shareholder value through potential production restart studies, amidst favorable market conditions for precious metals.

More about Mitre Mining Corporation Limited

Andean Silver Limited, trading on the ASX as ASL, is engaged in the mining industry with a focus on silver and gold production. The company is primarily involved in the Cerro Bayo Silver-Gold Project located in the Aysen Region of southern Chile, known for its significant epithermal gold-silver deposits.

YTD Price Performance: 19.75%

Average Trading Volume: 931,240

Technical Sentiment Signal: Sell

Current Market Cap: A$154M

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

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