Andean Silver Limited is an Australian mineral exploration and development company with a strategic focus on the Cerro Bayo Silver-Gold Project located in the Aysen region of Southern Chile. The company owns 100% of the project, which spans 285 square kilometers and comprises over 70 contiguous exploration concessions. With a significant historical production record of more than 45 million ounces of silver and 650,000 ounces of gold over 15 years of operation, the project is currently on care and maintenance and represents a promising opportunity for future development.
The company’s flagship project boasts an impressive JORC resource of 9.8 million tonnes at 353g/t silver equivalent, totaling 111 million ounces of silver equivalent. The mineralization at Cerro Bayo is characterized by a low sulphidation epithermal system with two distinct mineralization events, featuring complex vein systems with strike lengths up to 1.5 kilometers. Notably, approximately 75% of the project’s tenure remains underexplored, presenting substantial potential for future resource growth and expansion.
Beyond its mining ambitions, Andean Silver demonstrates a strong commitment to community engagement and heritage preservation. The company has partnered with the Chile Chico municipality to protect and preserve archaeological sites near the mine, including rock art dating back over 3,500 years. This collaborative approach highlights the company’s dedication to responsible mining practices, local community involvement, and cultural preservation. With a highly experienced team and a strategic focus on developing its world-class silver-gold project, Andean Silver is positioned to create significant value for shareholders while maintaining a responsible and sustainable approach to mineral exploration.
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