| Announcement Date: | 2022-09-07 |
|---|---|
| Announcement Type: | Drilling Results |
| Announcement Code: | NI43-101 |
| Company name: | Andean Precious Metals Corp. |
| Project name: | San Pablo |
| Location: | Bolivia |
| Commodities: | Gold |
| Highlight: | Drilling results incl. 53.8m @ 1.17g/t Au from 210.9m |
| Resources: | only available to subscribers |
| CP/QP: | only available to subscribers |
| Announcement summary: | Toronto, Ontario–(Newsfile Corp. – September 7, 2022) – Andean Precious Metals Corp. (TSXV: APM) (OTCQX: ANPMF) (“Andean” or the “Company”) is pleased to report results received to date from the Company’s phased drilling program being carried out at its wholly owned San Pablo gold project in Bolivia. Bolivia is an underexplored and highly prospective mining jurisdiction where Andean’s subsidiary, Empresa Minera Manquiri, operates the only commercial scale oxide processing plant. Until now, no modern-day exploration has been conducted on the San Pablo property, located in the heart of one of the world’s oldest and most mineral rich mining jurisdictions. The 100% owned San Pablo project, that comprises 650 hectares, is situated in the Department of Potosí in the southern part of the prolific Bolivian tin-silver and polymetallic belts. This region hosts several of Bolivia’s largest mines, including the former Kori Kollo gold mine (Newmont) that produced more than 5 million ounces of gold, and the Cerro Rico of Potosí(where the Company’s San Bartolomé mine is located), which has produced more than 2 billion ounces of silver as well as a significant amount of tin. |
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