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Andean Silver Limited (ASX:ASL)

ALERT: Price-sensitive ASX Announcement for ASL
Current share price for ASL : $1.950 -0.49 (-20.08%)+
Announcement
Release
14 May 2026 8:42AM
Price at Release
$2.440
Full Release
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Summary
Andean Silver Limited (ASL) has announced significant extensions of bonanza-grade silver veins beyond existing resources at the Cerro Bayo project. These discoveries include several new high-grade intersections that confirm the expansion potential of the mineralized veins, which now extend well beyond the previously defined resource boundaries. The drilling results show promising concentrations of silver and gold, improving the economic prospects of the project. The company plans to continue exploration in these areas to further delineate and expand the resource base, which is expected to enhance the overall value and lifespan of the Cerro Bayo mine.
Key Points
  • Andean Silver Limited extends bonanza-grade veins at Cerro Bayo.
  • New high-grade intersections discovered beyond existing resources.
  • Drilling results show promising silver and gold concentrations.
  • Exploration to continue for further resource base expansion.
  • Potential to enhance value and lifespan of the Cerro Bayo mine.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.