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First Andes Silver has signed a drill contract for its Santas Gloria silver property to commence an initial 1,500m diamond drill program targeting high-grade silver-base metal mineralized segments. The program will focus on the Tembladera and San Jorge vein systems with previous high-grade results, fully funded by a recent private placement. The drill will test down dip extensions of high-grade zones and strike extensions of veins, with the property benefiting from community access agreements and environmental permits.
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Mantaro Precious Metals Corp. (OTCQB: MSLVF) has announced progress and exploration plans for 2023 at its Golden Hill gold project in Bolivia and Santas Gloria silver-gold-base metal property in Peru. In 2022, the company completed its maiden 21-hole diamond drill program at Golden Hill, revealing numerous high-grade gold assays. Key advancements include new environmental licenses and drill permits for Santas Gloria. For 2023, Mantaro plans a mineral resource estimate and a petrographic study at Golden Hill while commencing a 15-hole diamond drill program at Santas Gloria, totaling 2500 meters. The Santas Gloria property is noted for high silver grades and favorable access agreements, enhancing its exploration potential. Additionally, the company has engaged MIC Market Information for marketing services to increase brand awareness and community engagement.