First Andes Silver Partners with SPF Drilling for Santas Gloria Exploration

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A mountainous landscape with an exploration drill rig and geological formations representing mining activities in Peru.

First Andes Silver Ltd. has secured SPF Drilling S.A.C. for a 2,000-meter drilling program at its Santas Gloria Project in Peru. Drilling mobilization commences this month with operations starting in July. The drilling aims to explore the San Jorge vein system for higher-grade mineralization, following a successful previous effort that yielded high-grade silver results. CEO Colin Smith highlighted SPF’s experience as a significant asset for this project.

First Andes Silver Ltd. has officially secured SPF Drilling S.A.C. as the drilling contractor for its upcoming 2,000-meter diamond drilling program at the Santas Gloria Project in Peru. The mobilization of drilling rigs is set to begin this month, with actual drilling expected to kick off in July. With a focus on advancing exploration and resource definitions, this initiative marks an important step for the Company.

Colin Smith, the company’s CEO and Director, expressed confidence in their partnership with SPF. He emphasized their extensive experience in navigating the challenging Peruvian terrain and acknowledged SPF’s excellent safety record. Smith remarked, “We are very pleased to secure SPF Drilling for this phase of drilling at Santas Gloria”. This upcoming drill program will target the San Jorge vein, previously identified as a promising site for higher-grade mineralization.

The 2025 drilling effort will consist of approximately 15 to 17 drill holes, planned as a follow-up to a successful 2024 campaign that yielded high-grade silver intercepts. In 2024, the San Jorge vein system demonstrated strong results, thus prioritizing it for deeper exploration this year. The goal is to assess the potential of the deeper sulphide zones beneath the shallower oxides that were initially drilled last year.

Notably, the San Jorge vein system has only been partially explored, mapped over 2.6 kilometers but tested across merely 250 meters. This leaves significant room for further discovery as the project has untapped potential. Last year’s efforts at Santas Gloria surprised many, revealing a robust mineralized system in a previously neglected area of interest in the mining sector.

Quality Assurance measures regarding sample handling and accuracy are also emphasized, with all 2024 drill samples analyzed by ALS Peru S.A. Quality metrics ensure stringent standards are met and maintained throughout the drilling process. Dr. Christopher Wilson, a qualified person under National Instrument 43-101, oversees the review and approval of technical information related to the project.

First Andes Silver operates with a full ownership stake in the high-grade Santas Gloria property, which sits in a strategic mining district east of Lima. This property includes an estimated 12-kilometer stretch of epithermal veins that had previously remained untouched by modern drilling techniques until 2024. The results thus far underline the silver potential in this region and support ongoing follow-up drilling.

Looking ahead, the Company maintains a cautious optimism regarding future exploration. However, as Smith acknowledged in previous statements, all forward-looking information carries inherent uncertainty. Factors such as financing for projects and adherence to governmental regulations will play crucial roles in shaping the Company’s exploration agenda.

SPF Drilling, founded in 2007 in Lima, is known for its dedicated drilling services and prioritizes safety and environmental practices in its operations. As First Andes Silver embarks on this next phase, they will be closely monitored by investors and stakeholders eager to see how the renewed drilling efforts at Santas Gloria unfold.

In summary, First Andes Silver Ltd. is progressing swiftly towards its 2025 drilling campaign at the Santas Gloria Project in Peru, having enlisted the services of SPF Drilling S.A.C. CEO Colin Smith expressed confidence regarding this partnership and the potential for discovering deeper mineralization. With an eye on exploiting previous successes from 2024, the upcoming drilling program will seek to expand on high-grade intercepts and explore largely undrilled areas. The future of the project could reshape expectations in the mining landscape, though inherent uncertainties persist for the company going forward.

Original Source: www.juniorminingnetwork.com

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