First Andes Silver Secures Conditional Exploration Licences for Three NSW Silver Projects

Mantaro Precious Metals ( (TSE:FAS) ) has shared an announcement.

First Andes Silver Ltd. has secured conditional grants of three silver-focused exploration licences—the Carrington, Stony Creek and Dartmoor projects—in New South Wales, Australia, for six-year terms, subject to payment of security deposits and rental fees. The company plans a staged exploration strategy that will begin after closing the acquisition, starting with soil and stream-sediment geochemistry to prioritize targets for follow-up surface work and potential drilling, leveraging higher silver prices and its lean operating model to efficiently advance these Australian assets while continuing to progress its high-grade Santas Gloria project in Peru, thereby broadening its exploration pipeline and strengthening its position in the silver exploration space.

More about Mantaro Precious Metals

First Andes Silver Ltd. is a Vancouver-based precious metals exploration company focused on high-grade silver projects. The company is building a portfolio of silver-focused exploration assets, including its flagship Santas Gloria project in Peru and newly targeted exploration properties in New South Wales, Australia, aiming to advance early-stage projects through systematic, cost-controlled exploration programs.

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