Mitre Mining Sees Major Resource Boost at Cerro Bayo

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

Mitre Mining Corporation Limited reports a significant 80% increase in silver-equivalent resources at its Cerro Bayo Silver-Gold Project in Chile, driven by remarkable drilling results and the discovery of extensive new vein systems. The project’s potential for further resource growth is bolstered by high-grade mineralization and exceptional rock chip samples, positioning it as a promising asset amid a bright outlook for silver demand. With a successful A$25 million funding round, Andean Silver Limited is well-poised to accelerate its resource development efforts.

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