Andean Silver Limited (ASX: ASL) — Company Overview, News & Financial Data
Andean Silver Limited is a mineral exploration and development company focused on advancing precious metal assets in southern Chile.
Andean Silver Limited
Andean Silver Limited is a mineral exploration and development company focused on advancing precious metal assets in southern Chile. The company holds a 100 percent interest in an extensive mining tenement package in the Aysén region covering 285 square kilometres. This property encompasses surface rights, processing infrastructure, and historical open-pit and underground mine workings situated in the Laguna Verde district. Mineralization across the deposits includes low-sulphidation epithermal silver and gold vein systems as well as mesothermal base metal zones. Operations focus on exploration drilling to expand existing resources, evaluating regional satellite targets, and planning potential recommencement of historical mining operations.
Snapshot
Operations
Products and/or services of Andean Silver Limited
- Silver-Gold Resource Exploration: Exploration and resource delineation across 285 square kilometres in the Aysén region of Chile, containing total mineral resources of 20 million tonnes grading 211 grams per tonne silver equivalent for 136 million ounces of silver equivalent.
- Open Pit Resource Assets: Open-pit precious metal deposits containing 44 million ounces of silver equivalent resources, featuring multi-stage low-sulphidation epithermal gold-silver mineralization along with mesothermal silver-molybdenum-zinc-lead systems exposed in shallow surface breccia zones.
- Underground Resource Assets: High-grade underground precious metal resources containing 92 million ounces of silver equivalent, supported by historical underground workings and targeted for resource expansion, structural extensions, and potential restart evaluation.
- Processing Plant and Infrastructure: On-site flotation processing facilities and surface infrastructure located within contiguous surface properties, maintained under care and maintenance since October 2022 to enable future operational restart and concentrate production capabilities.
- Regional Exploration Concessions: Tenement package comprising over 70 contiguous concessions across the Deseado Massif geological domain, targeting low-sulphidation epithermal vein systems, stockworks, and breccias extending up to 1.5 kilometres in strike length.
- Transport and Port Logistics: Operational infrastructure network situated 10 kilometres west of local municipal centers in southern Chile, incorporating all-weather road access to regional deep-water shipping ports and proximity to skilled regional mining labor.
Andean Silver Limited executive team
- Mr. Timothy LaneyrieChief Executive Officer
- Mr. Matthew Gerard Allen B.Bus, F Fin, F.C.A., GAICD, M.A.I.C.D.Chief Financial Officer
- Mr. Damien John KoerberChief Operating Officer & Exploration Manager of Americas
- Ms. Maddison Cramer B.A., L.L.B.Company Secretary