Andean Silver Ltd Ordinary Shares

Andean Silver presented an accelerated timetable at the Resources Rising Stars conference to restart the brownfield Cerro Bayo mine in Chile, targeting start-up in 2028. The project has existing infrastructure and permits; an updated resource of 136 million ounces silver equivalent (55 million ounces silver, 1 million ounces gold) was reported. Six drill rigs are operating at about 4,000 m/month, with infill drilling intended to convert over 70% of the resources into the indicated category; a scoping study is planned for early 2027 and feasibility studies through 2027. Management emphasizes funding for mill pre-work, a strong correlation of the share price with the silver price (from under $40 a year ago to nearly $70), and further exploration potential in the district. » Mere på de.investing.com