Andean Silver Reports 80% Resource Jump at Cerro Bayo

Mitre Mining Corporation Limited (AU:ASL) has released an update.

Andean Silver Limited has reported an impressive 80% increase in their Cerro Bayo Project’s mineral resources, now estimated at 91 million ounces of silver-equivalent at an exceptional grade. The updated estimates, which reflect a 64% increase in tonnes and exclude recent high-grade drilling results, suggest significant potential for further resource expansion. This marked improvement underscores the project’s established infrastructure and the ongoing drilling operations aimed at enhancing future mineral resource updates.

For further insights into AU:ASL stock, check out TipRanks’ Stock Analysis page.