Andean Precious Metals Corp. today provided an update on the progress of the Company's scoping level study at the San Bartolomé Mine in Bolivia. The Expansion Study is evaluating options to extend the life of mine at San Bartolomé through the extraction of silver and tin contained in a stockpile of fine material at the fines disposal facility adjacent to the tailings facility. Information pertaining to the FDF was [...]
Andean Precious Metals Corp. , a leading Latin-American silver producer, today announced that it has granted an aggregate of 261,753 restricted share units to certain executive officers, employees and consultants of the Company, pursuant to Andean's Restricted Share Unit Plan. The RSUs shall vest on the date that is thirty-six months from the date of grant. Upon vesting, each RSU will be settled by the issuance of one [...]
Company reports positive fourth quarter and full year results and provides guidance for 2022 Andean Precious Metals Corp. , today reported its positive financial results for the fourth quarter and year ended December 31, 2021 . All currency amounts are expressed in U.S. dollars unless indicated otherwise. "2021 exceeded all expectations in our inaugural year as a public company," said Simon Griffiths, President and CEO of [...]
Andean Precious Metals Corp. , a leading Latin American precious metals producer, announced today that Mr. Ramiro Villarreal Morales and Mr. Felipe Canales Tijerina are appointed to the Board of Directors effectively immediately. To accommodate these appointments, Mr. Fraser Buchan resigned from the Board but will continue to advise Andean in respect of corporate development and investor relations activities. Mr. Ramiro [...]
Andean Precious Metals Corp. , a leading Latin American precious metals producer, is expected to report its 2021 fourth quarter and year-end financial results on Thursday, March 17, 2022, prior to market open. Senior management will host a conference call to review the fourth quarter and year end results the same morning, March 17, at 8:30 a.m. ET. Telephone Dial-In Access Information To access the conference call by [...]
Andean Precious Metals is pleased to announce an updated Mineral Resource Estimate for the Company's San Bartolomé mine in Bolivia. This updated MRE includes stockpiles of previously crushed and sorted mineralized material at the Company's fines depositional facility and will serve as a primary input in the Company's upcoming life-of-mine expansion study. "This updated and independently-prepared mineral resource estimate [...]
Andean Precious Metals Corp. is pleased to announce the launch of a 15,000 m, Phase Two drill program focused on the San Pablo porphyry target identified in the recently completed Titan geophysical survey. "Andean came to market in March of 2021 as a Company with a strong foundation of production and cashflow and a focus on growth through project acquisition and development," said Simon Griffiths, President and CEO [...]
Andean Precious Metals is pleased to announce that the Company has met its full year 2021 production guidance. The Company expects to release Q4 and full year financial results, including all in sustaining costs in March 2022. 2021 Operating Highlights Production of 5.8 million silver equivalent ounces; Strong environmental and safety performance approaching three years without a lost time incident; Completed 100% of [...]
Andean Precious Metals Corp. announces that it has executed the planned disposition of a total of approximately 8,000,000 common shares of Andean by the founding shareholders of the Company, including 6,000,000 Common Shares sold by PMB Partners. This disposition is part of a structured initiative by Andean to increase the free float of the Company and to promote liquidity of its Common Shares. Since listing in March of [...]
Andean Precious Metals Corp. announced that it has granted 1,200,000 restricted share units of the Company to a director of the Company. The RSUs shall vest as follows: 400,000 RSUs shall vest on the date that is twelve months from the date of grant; 400,000 RSUs shall vest on the date that is twelve months from the date of grant only if the market capitalization of the Company reaches $300 million within twelve months [...]
Andean Precious Metals Corp. is pleased to confirm the launch of a life-of-mine expansion study at the Company's flagship San Bartolomé Mine in Bolivia. "The Expansion Study is an important part of Andean's strategic plan to extend the mine life of San Bartolomé," said Simon Griffiths, President and CEO. "While silver remains our focus, we are increasingly confident that an opportunity exists to expand our production to [...]
Andean Precious Metals Corp. is pleased to report initial results from the Company's Phase One drill program being carried out at the wholly owned San Pablo and Rio Blanco gold projects in Bolivia. "We are encouraged by the results of our exploration program in Bolivia, in particular those at the San Pablo gold project where we have early indications of a porphyry target," said Simon Griffiths, President and CEO. "All of [...]