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First Andes (FASLF) Stock News

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First Andes Silver Ltd. reports company news tied to silver exploration assets in Peru and New South Wales, Australia. Updates include developments at the 100% owned Santas Gloria Project near Lima, technical descriptions of epithermal silver mineralization, and exploration licence activity for the Carrington, Stony Creek, and Dartmoor projects in the Lachlan Orogenic Belt.

Company news also covers capital-markets and corporate matters for FASLF, including the U.S. OTC symbol, DTC eligibility for electronic clearing and settlement, and agreements for strategic advice, digital media, and marketing services.

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First Andes Silver (OTCQB: FASLF) announced an update on drill targeting for a planned 3,000 m diamond drill program at its 100%-owned Santas Gloria Project, about 55 km east of Lima, Peru. The work will test multiple intermediate-sulphidation epithermal veins, including Tembladera, San Jorge, Maribel and Paquita.

Tembladera hosts three principal veins over ~4 km of strike and is largely undrilled, with historical underground channel samples exceeding 10,000 g/t Ag. At San Jorge, traced over ~2.7 km, 21 holes were drilled in 2024–2025, 17 yielding reportable silver intercepts, such as 7.43 m at 224 g/t AgEq and 3.90 m at 268.2 g/t AgEq.

Single holes at Maribel and two at Paquita intersected mineralization and are supported by strong silver-in-soil anomalies. First Andes has engaged Explomin del Perú S.A.C. as drill contractor and plans to use a compact track-mounted rig capable of drilling from 0° to -90°. The company is also advancing permitting for additional drill platforms and environmental approvals.

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First Andes Silver (OTCQB:FASLF, TSXV:FAS) reported a >1.2 km-long gold-in-soil anomaly at its 100%-owned Santas Gloria project in Peru. The anomaly follows an east-west structural corridor coincident with mapped epithermal veins and includes a higher-grade core of >0.1 to >0.60 ppm Au along the Kelly-Eulalia trend.

Multi-element soil data outline alteration zones aligned with vein systems and define ranked gold and silver targets, including six discrete silver-in-soil anomalies. Phase 2 soil sampling across southern veins begins in May to complete property-wide coverage and refine drill targets using integrated geochemistry and mapping.

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First Andes Silver (OTC: FASLF) announced on March 18, 2026 the grant of three Exploration Licences in New South Wales: Carrington, Stony Creek and Dartmoor.

The Silver Projects total approximately 454 km2 within the Lachlan Orogenic Belt. According to the company, First Andes now holds full exploration rights and is finalizing a soil, stream sediment and rock‑chip sampling program, with additional program details expected within one week.

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First Andes Silver (OTC: FASLF) entered an Analytics Services Agreement with Orbiton Capital Corp. on March 16, 2026 for digital media, strategic advice and marketing services.

Under the 12‑month agreement, Orbiton will be paid US$150,000, with no stock, options or performance fees, and is an arm's‑length provider.

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First Andes Silver (OTC:FASLF) announced that, effective at market open on March 13, 2026, its common shares will trade on the OTC Markets under the symbol FASLF. The company also confirmed DTC eligibility for electronic clearing and settlement in the United States, which the company says should simplify trading, reduce transaction costs and enhance U.S. liquidity for its shares.

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FAQ

What is the current stock price of First Andes (FASLF)?

The current stock price of First Andes (FASLF) is $0.0599 as of September 4, 2026.

What is the market cap of First Andes (FASLF)?

The market cap of First Andes (FASLF) is approximately 5.2M.