First Andes Silver Identifies Multi-Kilometer Zoned Alteration Center (1.3 X 2 Km) from Worldview-3 Data, Santas Gloria Project, Peru
First Andes Leverages High-Resolution Satellite Imaging to Narrow Targets Amidst Massive Valuation Discrepancies
The news release dated January 15, 2026, announces the results of WorldView-3 SWIR (Short-Wave Infrared) satellite data interpretation at the Santas Gloria Project in Peru. The study identified a 1.3 km x 2 km zoned alteration cell. This cell overlaps with known, undrilled vein systems that have a cumulative strike length exceeding 5 km. The company interprets this as the uppermost part of an intermediate-sulphidation epithermal system. Immediate follow-up includes a Phase 2 soil sampling program (1,430 samples) scheduled for March 2026, following the wet season.
The impact of this news is Routine - Positive. - Targeting Efficiency: The use of spectral mapping allows for more precise vectoring into mineralized cores, potentially reducing the number of "duster" holes in future drill programs. - Scale Confirmation: Identifying a 1.3 x 2 km alteration zone supports the management's "district-scale" narrative, though it does not provide physical proof of economic mineralization. - Execution: This follows the systematic exploration plan outlined in late 2025, showing management is following through on its technical roadmap. - Caveat: Satellite data is a preliminary exploration tool. While it defines "where to look," it provides no information on grade or metallurgical recovery, which remain the primary risks for the project.
First Andes Silver is focused on silver exploration in Peru and Australia. - Flagship Project: Santas Gloria (100% owned), located 55 km east of Lima, Peru. It is an intermediate-sulphidation epithermal system with over 12 km of mapped veins. - Recent Expansion: In December 2025, the company acquired the Carrington, Stoney Creek, and Dartmoor projects in New South Wales, Australia, to provide a year-round exploration pipeline.