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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.
First Andes Silver (OTC: MSLVF) reported Phase 1 soil assays at the 100%‑owned Santas Gloria Project, Peru, defining six coherent silver‑in‑soil anomalies totaling ~4.3 km aggregate strike and a peak value of 68.1 ppm Ag. The largest corridor, Kelly, measures ~850 x 400 m and is open to the east. Phase 2 soil sampling (1,430 samples) is scheduled to begin in March 2026 to complete district coverage and refine drill targets using WV‑3 alteration mapping and follow‑up field work.
First Andes Silver (OTC: MSLVF; TSXV: FAS) engaged Ryan Johnson as Vice President, Corporate Communications to lead corporate communications, marketing and public relations advisory services.
Terms: C$7,000 per month plus taxes, month-to-month engagement terminable on 30 days' notice, and subject to TSX Venture Exchange approval. Mr. Johnson is not a related party and holds no company securities.
First Andes Silver (OTC: MSLVF) closed an oversubscribed private placement on February 13, 2026, issuing 16,708,331 common shares at C$0.12 each for aggregate gross proceeds of C$2,004,999.72.
Proceeds will fund an augmented Q2 2026 drilling program and exploration at the Santas Gloria property, annual Peru claim payments, and general working capital. Finders received C$120,790 cash and 1,001,583 warrants exercisable at C$0.12 for two years.
First Andes Silver (OTC: MSLVF) completed acquisition of three silver exploration projects in New South Wales, Australia — Carrington, Stony Creek and Dartmoor.
The company reimbursed A$15,500 and issued 1,500,000 common shares as consideration, subject to a four-month hold. First Andes plans a Q2 2026 drill program at its Santas Gloria flagship in Peru while initiating early-stage target generation and field validation across the new Australian projects.
First Andes Silver (OTC: MSLVF) announced a private placement to issue up to 16,666,667 common shares at $0.12 per share for aggregate gross proceeds of up to $2,000,000 using the listed issuer financing exemption (LIFE Exemption). The company may pay finders in cash and warrants exercisable at $0.12 for two years. Net proceeds are slated for an augmented Q2 2026 drilling program and exploration at the Santas Gloria property, annual Peruvian claim payments, and general working capital. An offering document will be posted on SEDAR+ and the company website. Closing is subject to TSX Venture Exchange acceptance.
First Andes Silver (OTC: MSLVF) announced the conditional grant of three exploration licences in New South Wales, Australia — Carrington, Stony Creek and Dartmoor — each for a six-year term. Final grant requires payment of security deposits of A$10,000 per licence and annual rental fees totaling A$9,960. The vendor has received notification of the conditional grants, and First Andes has prepared a staged exploration plan that begins with soil and stream-sediment geochemistry to prioritise surface targets and potential future drill testing. The company expects to complete the acquisition within a week, subject to TSX Venture Exchange acceptance, and intends to run two exploration programs in Australia while continuing work at Santa Gloria in Peru.
First Andes Silver (OTC:MSLVF) reported that WorldView-3 SWIR spectral mapping defined a 1.3 km x 2.0 km zoned alteration cell at the 100%‑owned Santas Gloria project in Peru, spatially coincident with > 5 km of mapped but undrilled epithermal vein strike. The alteration shows a sericite‑dominant inner core with localized kaolinite and nested hematite gossans, grading outward to montmorillonite and distal chlorite‑epidote ± calcite.
Management plans immediate field validation, targeted rock sampling and a Phase 2 soil program (1,430 samples) starting in March; assays from Phase 1 (1,037 soils) are expected in about 2–3 weeks. WV‑3 mapping will be used to prioritize drill‑ready targets.
First Andes Silver (OTC: MSLVF) will acquire three silver-focused exploration licence applications in New South Wales, Australia — Carrington, Stoney Creek and Dartmoor — totaling ~454 km2 (45,400 ha) in the Lachlan Orogen, announced December 9, 2025.
Key highlights include historical surface assays up to 6,037 g/t Ag and 85 g/t Au at Carrington, past samples of 212 g/t Ag at Stoney Creek and reported small-scale Dartmoor production averaging 980 g/t Ag and 12% Cu. Purchase consideration: AUD $15,500 plus 1,500,000 common shares, subject to TSX Venture Exchange acceptance.
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).