Andean Silver Reaffirms Cerro Bayo Resource Basis and Reporting Standards

Mitre Mining Corporation Limited ( (AU:ASL) ) has issued an announcement.

Andean Silver has reiterated key technical and compliance details for its Cerro Bayo Silver-Gold Project in Chile, emphasizing that its mineral resource estimates are reported under the JORC Code and backed by historical metallurgical performance. The company notes its calculations for silver and gold equivalents, based on defined metal prices and recovery assumptions, and confirms there is no new information that materially alters previously disclosed mineral resource and exploration results.

The release also highlights that the information is provided for informational purposes only, is not an offer of securities, and carries standard cautions about investment risk and reliance on forward-looking information. Andean Silver underscores jurisdictional differences in reporting standards, warns of potential operational and market risks affecting project outcomes, and stresses that investors must conduct independent assessments before making any investment decisions.

The most recent analyst rating on (AU:ASL) stock is a Sell with a A$2.00 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

Andean Silver Ltd is an Australian-listed mining company focused on silver and gold exploration and development. The company’s key asset is the Cerro Bayo Silver-Gold Project in Chile’s historic silver district, where it is advancing resources in line with the JORC Code for reporting mineral resources and ore reserves.

Average Trading Volume: 2,115,960

Technical Sentiment Signal: Buy

Current Market Cap: A$397.7M

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