- First Andes Silver (MSLVF, Financial) initiates a 2000-meter diamond drilling program at Santas Gloria in Peru.
- Targeting high-grade sulphide zones in the San Jorge Vein, following significant 2024 discoveries.
- Project showcases potential with over 12 km of untested veins and exceptional silver grades.
First Andes Silver Ltd. (MSLVF) has commenced mobilization for its fully permitted 2000-meter diamond drilling program at the Santas Gloria Project, located 100 kilometers east of Lima, Peru. This latest phase targets the higher-grade sulphide zone of the San Jorge Vein, building on the significant silver discoveries made in 2024.
The Santas Gloria Project is recognized for its exceptional surface grades, notably 16,699 g/t Ag at the Tembladera Vein and 56 g/t Au at the Kelly Vein. Previous drilling in 2024 revealed a notable intercept of 7.43 meters at 224 g/t AgEq, including 0.95 meters at 754 g/t AgEq.
Benefiting from excellent infrastructure and access, the project is situated within a 2.5-hour drive from Lima. Bench-scale flotation tests have demonstrated strong recovery rates for precious metals, with 88.1% for silver and 80.9% for gold, further highlighting the project's potential.
As Peru stands as the world's third-largest producer of silver, First Andes is strategically positioned to leverage the country's stable legal framework and supportive government policies. The upcoming drilling program aims to further delineate the resource potential of Santas Gloria and explore step-out campaigns to expand the project's district-scale mineralization.
