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First Andes Silver Completes Private Placement to Boost Santas Gloria Exploration

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First Andes Silver Completes Private Placement to Boost Santas Gloria Exploration

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Mantaro Precious Metals ( (TSE:FAS) ) just unveiled an announcement.

First Andes Silver Ltd. has successfully closed the final tranche of its non-brokered private placement, raising a total of $1,317,000. The funds will be used to expand its drill program at the Santas Gloria silver property and for general working capital, potentially enhancing its exploration capabilities and market positioning.

More about Mantaro Precious Metals

First Andes Silver Ltd. is a British Columbia-based company with a 100% interest in the high-grade Santas Gloria silver property in Peru. The property is located in a major mining district and features over 12 km of multiphase veins. The company focuses on exploring and drilling these veins, having reported high-grade silver results from its maiden diamond drill program.

Average Trading Volume: 522,787

Technical Sentiment Signal: Hold

Current Market Cap: C$7.36M

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

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