Andean Silver Ltd
Andean Silver Limited is an Australia-based mineral exploration and development company.
The business
Andean Silver Limited is an Australia-based mineral exploration and development company. The Company is focused on advancing its 100% owned Cerro Bayo Silver-Gold project in the Aysen region of Southern Chile. The Cerro Bayo Silver-Gold project covers 285 square kilometers (km2) and comprises over 70 contiguous exploration concessions as well as surface properties that cover the areas of the Laguna Verde mining district and processing facilities. The Cerro Bayo Silver-Gold Project hosts indicated and inferred mineral resources of 9.8 million tons at a grade of 353 grams per ton for 111 million ounces of contained silver equivalent (AgEq). Its other projects include Hillside Project, Mt Alexander Project and Araluen Project. The Mt Alexander Project (E29/1167) is located on the western margin of the prospective Mt Alexander greenstone belt. The Los Domos represents southeastern extension of the Cerro Bayo system with a cumulative strike of over 10km and comprising over 8 major targets.
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Latest news
Andean Silver Hits Multiple High-Grade Silver-Gold Veins at Cerro Bayo
Andean Silver’s (ASX: ASL) aggressive exploration campaign at Cerro Bayo has led to a new discovery at the Chilean silver-gold project. Since successfully acquiring Cerro Bayo in early 2024, Andean has continued to accelerate the pipeline of high-grade drill-ready discoveries close to existing infrastructure, underpinning the exciting resource growth trajectory of the project. Notably, the […]
Andean Silver hits new mineralisation outside of Cerro Bay resource with aggressive drilling campaign
Andean Silver (ASX: ASL) has hit extensive new mineralisation outside the current resource with an aggressive drilling campaign at the historical Cerro Bay silver-gold project in Chile. The latest assays from the Coyita North, Pegaso 7 and Cristal deposits within the Laguna Verde mining complex have continued to expand the project’s critical mass of resources. […]
Andean Silver identifies new high-grade veins and drilling targets at Cerro Bayo project in Chile
A mapping and geophysics program at Andean Silver’s (ASX: ASL) historical Cerro Bayo silver-gold project in Chile has identified highly prospective vein systems and drilling targets outside of the current mineral resource. The broad controlled-source audio-frequency magnetotellurics program outlined substantial new extensions to known mineralised zones west of the rich Droughtmaster Corridor. These include the […]
Andean Silver accelerates strategy to upgrade resources at Cerro Bayo silver-gold project
Andean Silver (ASX: ASL) has reported a strong end to a March quarter that saw it grow and upgrade the mineral resource at its flagship Cerro Bayo silver-gold project to incorporate the Pegaso 7 and Cristal discoveries. The new resource has improved on last year’s maiden result by 22% and now sits at 111 million […]
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