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An announcement from Mantaro Precious Metals ( (TSE:FAS) ) is now available.
First Andes Silver Ltd. announced a clarification to its previous release regarding the results from its diamond drill hole SG017 at the Santas Gloria Project. The drill hole intersected a significant zone of sulphide-mineralized hydrothermal breccia, suggesting the presence of a robust polymetallic-mineralized system. This finding marks a significant advancement in the geological understanding of the project, with implications for the scale and continuity of the San Jorge system. The results are expected to enhance the company’s exploration efforts and potentially increase its market positioning as they await assay results to determine the grade profile of the mineralized zone.
More about Mantaro Precious Metals
First Andes Silver Ltd. operates in the mining industry, focusing on the exploration and development of precious metal projects. The company is primarily engaged in the extraction of silver and other minerals, with a significant project located at Santas Gloria, east of Lima, Peru.
Average Trading Volume: 65,385
Technical Sentiment Signal: Sell
Current Market Cap: C$4.36M
For a thorough assessment of FAS stock, go to TipRanks’ Stock Analysis page.