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GLDN 0.055 +0.0% BRON 0.040 +0.0% BTO 5.43 −0.7% ESK 0.365 −2.7% AUMN 0.275 +0.0% GGX 0.040 +0.0% S 0.155 +29.2% NNX 0.035 +0.0% ABX 51.90 −0.6% TTS 2.40 −4.0% FCI 0.400 −9.1% GR 0.075 +0.0% AII 23.38 +12.4% TUNG 1.72 +1.8% LGO 1.01 −2.9% EMM 0.080 +0.0% GLDN 0.055 +0.0% BRON 0.040 +0.0% BTO 5.43 −0.7% ESK 0.365 −2.7% AUMN 0.275 +0.0% GGX 0.040 +0.0% S 0.155 +29.2% NNX 0.035 +0.0% ABX 51.90 −0.6% TTS 2.40 −4.0% FCI 0.400 −9.1% GR 0.075 +0.0% AII 23.38 +12.4% TUNG 1.72 +1.8% LGO 1.01 −2.9% EMM 0.080 +0.0%
Drill Results

First Andes receives three Aust. exploration licences

By The Northwire Desk — AI Analysis Mar 18, 2026 · 18:23 FAS · 0.12 First Andes Silver Ltd.
FAS · Price

Executive Summary

  • First Andes Silver Ltd. has been granted three new exploration licences (ELs) in New South Wales, Australia, covering the Carrington, Stony Creek, and Dartmoor projects.
  • The three licences collectively cover approximately 454 square kilometres of highly prospective ground within the Lachlan orogenic belt, a region known for historic silver-gold mines and polymetallic mineral occurrences.
  • With full exploration rights secured, the company is finalizing a soil, stream sediment, and rock chip sampling program and expects to provide details on the upcoming exploration activities within the next week.

Key Details

  • Licence Details:
    • Carrington Project (EL 9873): 160 sq km. Covers an iron-rich skarn system hosting gold-silver-lead-antimony mineralization. Historic rock chip sampling returned grades up to 85 g/t Au, 6,037 g/t Ag, 24.8% Pb, and 16.8% Sb. Features two parallel mineralized structures with over 10 km of prospective strike.
    • Stony Creek Project (EL 9870): 247 sq km. Covers a corridor of Devonian volcanic rocks hosting at least seven historic silver-gold mines/prospects. Includes the Stony Creek prospect (historic assays up to 18.4 g/t Au and 212 g/t Ag) and Gundillions Reef (historic assays up to 44 g/t Au and 150 g/t Ag).
    • Dartmoor Project (EL 9879): 47 sq km. Located at the western margin of the Hill End and Cooma zones. Includes two historic polymetallic mines (Dartmoor and Dartmoor East) with VHMS-Kuroko affinity. Historic production averaged ~980 g/t silver and 12% copper.
  • Exploration Plans: The company is finalizing a soil, stream sediment, and rock chip sampling program across the new tenures.
  • Technical Approval: Colin Smith, PGeo (CEO and Director), has reviewed and approved the technical information under National Instrument 43-101.
  • Company Context: First Andes is also advancing its 100%-owned Santas Gloria project in Peru, which recently completed successful 2024-2025 drilling intersecting strong near-surface silver mineralization in 21 of 26 holes.

Notable Quotes

  • None explicitly quoted in the text, though the release is attributed to Mr. Colin Smith.
Read the original news release →

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