Northwire Canada EditionThursday, November 5, 2026
Sign inSubscribe
Northwire
⌕
Gold 4,105.80 +0.8% Silver 52.06 −0.4% Copper 6.35 −1.1% Oil 89.66 +1.8% Palladium 1,048.25 +4.5% MSR 0.435 +0.0% HI 0.145 +0.0% DYG 0.085 +0.0% GAL 0.375 +5.6% MLP 1.56 +0.7% TECK 90.22 +0.3% GUN 0.700 +0.0% BNKR 2.90 +1.1% RUA 1.12 +0.0% FAS 0.075 +0.0% PEMC 0.035 +0.0% STND 0.060 +0.0% SIG 0.920 +10.2% AUGC 0.300 +0.0% MGG 0.260 +3.0% BBB 0.540 +1.9% Gold 4,105.80 +0.8% Silver 52.06 −0.4% Copper 6.35 −1.1% Oil 89.66 +1.8% Palladium 1,048.25 +4.5% MSR 0.435 +0.0% HI 0.145 +0.0% DYG 0.085 +0.0% GAL 0.375 +5.6% MLP 1.56 +0.7% TECK 90.22 +0.3% GUN 0.700 +0.0% BNKR 2.90 +1.1% RUA 1.12 +0.0% FAS 0.075 +0.0% PEMC 0.035 +0.0% STND 0.060 +0.0% SIG 0.920 +10.2% AUGC 0.300 +0.0% MGG 0.260 +3.0% BBB 0.540 +1.9%
Drill Results

First Andes Silver Announces Grant of Three Exploration Licences in New South Wales, Australia

First Andes Silver expands Australian footprint as Peru soil results confirm multi-kilometre silver anomalies

By The Northwire Desk — AI Analysis Mar 18, 2026 · 08:01 FAS · 0.115 First Andes Silver Ltd.
Executive Summary

The most recent news (March 18, 2026) announces the formal granting of three Exploration Licences in New South Wales, Australia: Carrington, Stony Creek, and Dartmoor. This follows the acquisition agreement from December 2025. The projects cover 454 km² in the Lachlan Orogenic Belt. Historic data highlights high-grade potential, including rock chips up to 6,037 g/t Ag and 85 g/t Au at Carrington, and 980 g/t Ag at Dartmoor. The company is immediately launching a sampling program. This follows the March 2, 2026, news where Phase 1 soil assays at the flagship Santas Gloria project in Peru defined six coherent silver-in-soil anomalies over a 4.3 km aggregate strike length, with peak values of 68.1 ppm Ag.

Material Impact

The news is Routine - Positive. While the Australian licenses represent a significant land expansion, the market was already aware of the pending acquisition since December 2025 and the conditional grant in January 2026. The formal granting is a necessary administrative step rather than a "game-changer" discovery. - Strategic Diversification: The company now has a year-round exploration pipeline, mitigating the "wet season" downtime in Peru. - Validation of Peru: The March 2 soil results are arguably more material as they provide scientific "vectors" for the upcoming 2026 drill program at Santas Gloria, confirming that the high-grade veins seen in 2024/2025 are part of a much larger system. - Financial Cushion: The company recently closed a C$2M financing (Feb 2026) at $0.12, providing the treasury needed to execute these dual-country programs.

FAS · Price
Company Overview

First Andes Silver is a junior explorer focused on silver-rich epithermal systems. - Flagship: Santas Gloria (Peru), 100% owned. It features 23 mapped veins over 12km of strike. - Secondary: NSW Silver Projects (Australia), 100% owned. Focus on VHMS and skarn-hosted Ag-Au-Pb-Zn. - Development Stage: Advanced exploration/Targeting. 2024-2025 drilling confirmed high-grade silver (e.g., 7.43m of 224 g/t AgEq), but a formal resource estimate is still pending.

Read the original news release →

More from First Andes Silver Ltd.

Nov 05, 2026 · 07:30

First Andes begins phase 2 soil sampling at Santas Gloria, targeting a large hydrothermal alteration system.

Drill Results Aug 24, 2026 · 07:31

First Andes targets a 3,000m drill program at Peru’s Santas Gloria silver veins.

Drill Results May 14, 2026 · 07:31

First Andes Delineates Gold Anomaly at Santas Gloria; Shares Consolidate

Drill Results Apr 20, 2026 · 07:31

First Andes Secures Peru Community Access as Drilling Push Shifts to Q3

Production / Operations Mar 18, 2026 · 18:23

First Andes receives three Aust. exploration licences

Drill Results Mar 02, 2026 · 08:01

First Andes Silver maps out kilometer-scale anomalies as it gears up for high-grade silver hunt in Peru

Drill Results