First Andes Stock Price, News & Analysis

First Andes Silver (OTC: MSLVF) reported progress on the Santas Gloria exploration program in Peru, completing Phase 1 soil sampling ahead of schedule and under budget with 1,037 soils collected across >6.5 km of vein strike. Samples were submitted to ALS Lima for multielement ICP with results expected in 4–5 weeks. A 100% cloud-free WorldView-3 spectral capture (50 km2) was acquired; final alteration maps due in 3–4 weeks. A 15 kg core composite from SG003 was sent to SGS Lakefield for cyanide leach testing; metallurgical results expected in 6–8 weeks. Phase 2 soils will start after the wet season (~March).

First Andes Silver (OTC: MSLVF) outlined a systematic 2025-2026 exploration program at its 100%‑owned Santas Gloria project, ~55 km east of Lima, Peru. The Project hosts 23 mapped intermediate‑sulphidation epithermal veins totaling >12 km strike and has not seen modern, district‑scale evaluation.

Planned work includes 50 km2 WV‑3 spectral mapping (2 m / 50 cm imagery), a property‑wide soil program (100 m lines, 25 m sample spacing), detailed mapping, channel/rock sampling, ground IP geophysics, and phased drill permitting/testing with Phase 3 permitting already commenced.

First Andes Silver (OTC: MSLVF) released a consolidated summary of its 2024–2025 drilling at the 100%‑owned Santas Gloria project, Peru, and outlined preparations for a Phase 3 drill program (est. 2,000 m) in 2026.

Key facts: 26 holes, 3,131 m drilled across San Jorge, Tembladera, Paquita and Maribel; 21 of 26 holes returned reportable silver intercepts; historical Tembladera underground channel samples include values >10,000 g/t Ag. Company plans district‑scale mapping, soil sampling, IP surveys and further drilling; community access agreements are valid until 2028.

First Andes Silver (OTC:MSLVF) has announced the final assay results from its 2,000-meter drill program at the 100%-owned Santas Gloria Project in Peru. The San Jorge Vein continues to show strong silver and base metal grades within a deeply oxidized horizon, with significant precious and base metal intercepts in 11 of 14 holes.

Notable results include drill hole SG027 with 167.1 g/t AgEq over 4.80m and SG024 reporting 238.8 g/t AgEq over 1.90m. The drilling program revealed distinct flexures in the San Jorge Vein orientation, leading to plans for optimized future drilling with larger step-outs to the south. The results suggest a well-preserved sulphide-rich system that remains open at depth, potentially extending vertically for 300-800 meters or more.

First Andes Silver (OTC:MSLVF) has engaged ICP Securities Inc. to provide automated market making services for its shares. The agreement, starting August 22, 2025, has an initial term of four months with automatic one-month renewals thereafter.

ICP will utilize its proprietary algorithm, ICP Premium™, to manage temporary supply and demand imbalances in the Company's shares. The service comes at a monthly fee of C$7,500 plus taxes, with no additional performance factors, stock options, or compensation included.

First Andes Silver (OTC:MSLVF) has announced significant high-grade silver assay results from its 2,000-meter drill program at the 100%-owned Santas Gloria Project in Peru. Notable intercepts include 190.5 g/t AgEq over 6.20m from drill hole SG017, 268.2 g/t AgEq over 3.90m from SG022, and 350.4 g/t AgEq over 1.10m from SG019.

The drilling program, now completed with 14 holes totaling 2,025 meters, confirms the presence of a large, mineralized intermediate sulphidation system at San Jorge. Results from holes SG016-SG022 have been received, while assays for SG023-SG029 remain pending. The company has begun permitting additional drill pads along San Jorge and other untested vein systems property-wide.

First Andes Silver (OTC:MSLVF) has reported progress on its ongoing 2,000-meter diamond drill program at the Santas Gloria Project in Peru. The company has completed 1,092 meters across 8 holes, with multiple drill holes intersecting significant sulphide-bearing epithermal zones at the San Jorge vein system.

Key intersections include Hole SG023 with a 29.55m hydrothermal breccia zone containing massive sulphides, Hole SG020 with a 27.60m interval of strong oxidation and sulphides, and Hole SG021 with 13.80m of brecciated rock containing pyrite and galena mineralization. The drilling program has confirmed the presence of a structurally controlled silver-polymetallic system at depth.

First Andes Silver (OTC:MSLVF) has completed the final tranche of its non-brokered private placement, raising $300,000 CAD through the issuance of 3 million units at $0.10 CAD per unit. The total offering raised $1,317,000 CAD through 13.17 million units.

Each unit comprises one common share and a half warrant, with each full warrant exercisable at $0.15 CAD for two years. The company paid $5,600 in finder's fees and issued 56,000 finder's warrants. Proceeds will fund the drill program expansion at the Santas Gloria silver property and working capital needs.

First Andes Silver (TSXV: FAS, OTC: MSLVF) has completed the first tranche of its non-brokered private placement, raising $1,017,000 CAD through the issuance of 10,170,000 units at $0.10 CAD per unit.

Each unit comprises one common share and one-half share purchase warrant, with each full warrant exercisable at $0.15 CAD for two years. The company paid $42,350 in finder's fees and issued 423,500 finder's warrants. Proceeds will fund the expansion of drilling at the Santas Gloria silver property and working capital needs.

The securities have a four-month resale restriction period, and a second tranche is expected to close within seven days, subject to TSX Venture Exchange approval.