First Andes Silver Expands Footprint with Acquisition of Three Australian Silver Projects

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

First Andes Silver has closed the acquisition of three silver-focused exploration projects—Carrington, Stony Creek and Dartmoor—in New South Wales, Australia, paying A$15,500 in cost reimbursement and issuing 1.5 million common shares subject to a four‑month hold. The deal strengthens the company’s presence in a second established mining jurisdiction alongside its flagship Santas Gloria Project in Peru, where a Q2 2026 drill program is being prepared, and provides a pipeline of early-stage but historically high‑grade silver-gold and polymetallic targets in the prolific Lachlan Orogenic Belt that could materially enhance its exploration upside and long-term resource potential.

More about Mantaro Precious Metals

First Andes Silver Ltd. is a precious metals exploration company focused on high-grade silver and polymetallic projects, with a flagship asset in Peru and an expanding portfolio in established mining jurisdictions such as New South Wales, Australia. The company targets silver, gold, and base metals through early-stage exploration and drilling programs aimed at defining significant mineralized systems.

Average Trading Volume: 419,528

Technical Sentiment Signal: Hold

Current Market Cap: C$10.54M

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