Small Caps

Andean Silver (ASX: ASL) grows Cerro Bayo resource by 22% to 111Moz (w/ Tim Laneyrie)


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Andean Silver (ASX: ASL) chief executive officer Tim Laneyrie joins Small Caps to discuss the company's continued success at its Cerro Bayo silver-gold project in Chile.

The company's decision to focus on expanding the proven silver and gold footprint at Cerro Bayo after it wrapped up the acquisition of the Chilean project just over 12 months ago has seen it dramatically increase resource numbers.

Most recently the company achieved a 22% increase to the mineral resource estimate to 111 million ounces of silver equivalent.

All this at a time when silver prices have remained strong.

To follow up on the successes and geological achievements to date, Andean has commenced a new drilling program that currently has two rigs in operation.

Aimed at building on the initial base mineral resource estimate at Cerro Bayo, the drilling is targeting near mine extensional drilling and “greenfields” opportunities which it has defined.

Articles:
https://smallcaps.com.au/andean-silver-accelerates-strategy-upgrade-resources-cerro-bayo-gold/
https://smallcaps.com.au/andean-silver-cerro-bayo-resource-high-grade-zones-pegaso-7-cristal/

For more information on Andean Silver:
https://smallcaps.com.au/stocks/asx-asl/

See omnystudio.com/listener for privacy information.

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