First Andes Silver Reports Additional Drilling Intersections of the San Jorge Epithermal Vein, Santas Gloria Project, Peru
Original announcement by tmx on
- Company
- FIRST ANDES SILVER LTD.
- Ticker
- FAS
- Exchange
- TSX
- Region
- Peru
- Primary commodity
- Silver
- Secondary commodities
- Gold, Lead, Zinc
- Document categories
- Drill results
- Extracted
- 2026-09-12 05:34:48 UTC
Analysis by Minestarters Atlas
Minestarters Atlas analysis
Summary
First Andes Silver has reported additional drilling intersections at the San Jorge epithermal vein system within the Santas Gloria Project in Peru. The recent diamond drilling has intersected multiple sulphide-bearing zones, including massive sulphides in hole SG023, which supports the presence of a structurally controlled silver-polymetallic system at depth.
Reasoning: The release reports significant sulphide-bearing intercepts and intersections with historical workings, validating the system's fertility, though actual assay grades are still pending.
Positive factors
- presence of sulphides
- structural continuity
- intersection of historical workings
Negative factors
- assays pending
Facts used in scoring: 7
Classification and evidence
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: Release mentions ISO/IEC 17025 compliance, chain of custody via sealed bags, and passing QA/QC limits.
Evidence · text
“maintains rigorous quality standards through compliance with industry standards and regulations, including ISO/IEC 17025 and ISO 9001.”
Nearology Playneutral
Value premise rests on proximity to a known deposit rather than own results.
Why it applies: The project is positioned within a historically-mined silver district with past production dating to the 1860s.
Evidence · text
“Santas Gloria is located within a historically-mined silver district”
Extracted facts
Stored fact records: 7. Some facts used in scoring do not have a stored record.
Drill Results (7)
SG023Santas Gloria · silverIntercept: 29.55 mView all detailsHide details
Identity
- Hole ID
- SG023
- Project
- Santas Gloria
- Commodity
- silver
- Region
- peru
- Reported Region
- peru
- Ticker
- FAS
Geometry
- Intercept
- 29.55 m
- From
- 145.25 m
- To
- 174.8 m
- Hole Depth
- 29.55 m
- Intercept Depth
- 145.25 m
Classification
- Deposit Type
- epithermal
- Program
- exploration
- Sample Type
- drill
- Group ID
- SG023:145.25-174.8
- Mining Method
- underground
Location
- Loc. Confidence
- medium
QA/QC
- Laboratory
- AHK Group
- QA/QC Disclosed
- Yes
- Lab Certified
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2025-08-05T00:00:00.000Z
Reasoning: Significant width of sulphide-bearing hydrothermal breccia, though grades are pending.
Positive factors
- sulphide mineralization
- massive sulphides noted
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
SG023Santas Gloria · silverIntercept: 2.4 mView all detailsHide details
Identity
- Hole ID
- SG023
- Project
- Santas Gloria
- Commodity
- silver
- Region
- peru
- Reported Region
- peru
- Ticker
- FAS
Geometry
- Intercept
- 2.4 m
- From
- 172 m
- To
- 174.4 m
- Hole Depth
- 29.55 m
- Intercept Depth
- 172 m
Classification
- Deposit Type
- epithermal
- Program
- exploration
- Sample Type
- drill
- Group ID
- SG023:172-174.4
- Mining Method
- underground
Location
- Loc. Confidence
- medium
QA/QC
- Laboratory
- AHK Group
- QA/QC Disclosed
- Yes
- Lab Certified
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2025-08-05T00:00:00.000Z
Reasoning: High-grade potential indicated by massive sulphides (pyrite, galena, sphalerite) within the larger intercept.
Positive factors
- massive sulphides
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
SG020Santas Gloria · silverIntercept: 27.6 mView all detailsHide details
Identity
- Hole ID
- SG020
- Project
- Santas Gloria
- Commodity
- silver
- Region
- peru
- Reported Region
- peru
- Ticker
- FAS
Geometry
- Intercept
- 27.6 m
- From
- 133 m
- To
- 160.6 m
- Intercept Depth
- 133 m
Classification
- Deposit Type
- epithermal
- Program
- exploration
- Sample Type
- drill
- Group ID
- SG020:133-160.6
- Mining Method
- underground
Location
- Loc. Confidence
- medium
QA/QC
- Laboratory
- AHK Group
- QA/QC Disclosed
- Yes
- Lab Certified
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2025-08-05T00:00:00.000Z
Reasoning: Broad interval with sulphides in breccia/dacite, though oxidation is noted.
Positive factors
- sulphide veinlets
Negative factors
- strong oxidation
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
SG021Santas Gloria · silverIntercept: 13.8 mView all detailsHide details
Identity
- Hole ID
- SG021
- Project
- Santas Gloria
- Commodity
- silver
- Region
- peru
- Reported Region
- peru
- Ticker
- FAS
Geometry
- Intercept
- 13.8 m
- From
- 93.4 m
- To
- 107.2 m
- Hole Depth
- 28.55 m
- Intercept Depth
- 93.4 m
Classification
- Deposit Type
- epithermal
- Program
- exploration
- Sample Type
- drill
- Group ID
- SG021:93.4-107.2
- Mining Method
- underground
Location
- Loc. Confidence
- medium
QA/QC
- Laboratory
- AHK Group
- QA/QC Disclosed
- Yes
- Lab Certified
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2025-08-05T00:00:00.000Z
Reasoning: Solid width of brecciated rock with visible sulphides.
Positive factors
- pyrite and galena mineralization
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
SG018Santas Gloria · silverIntercept: 28.55 mView all detailsHide details
Identity
- Hole ID
- SG018
- Project
- Santas Gloria
- Commodity
- silver
- Region
- peru
- Reported Region
- peru
- Ticker
- FAS
Geometry
- Intercept
- 28.55 m
- From
- 85.65 m
- To
- 114.2 m
- Hole Depth
- 28.55 m
- Intercept Depth
- 85.65 m
Classification
- Deposit Type
- epithermal
- Program
- exploration
- Sample Type
- drill
- Group ID
- SG018:85.65-114.2
- Mining Method
- underground
Location
- Loc. Confidence
- medium
QA/QC
- Laboratory
- AHK Group
- QA/QC Disclosed
- Yes
- Lab Certified
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2025-08-05T00:00:00.000Z
Reasoning: Broad hydrothermal breccia zone with sulphides and intersection of known mineralized structure.
Positive factors
- disseminated sulphides
- intersection of historic working
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
SG019Santas Gloria · silverIntercept: 33.6 mView all detailsHide details
Identity
- Hole ID
- SG019
- Project
- Santas Gloria
- Commodity
- silver
- Region
- peru
- Reported Region
- peru
- Ticker
- FAS
Geometry
- Intercept
- 33.6 m
- From
- 80 m
- To
- 113.6 m
- Hole Depth
- 7.6 m
- Intercept Depth
- 80 m
Classification
- Deposit Type
- epithermal
- Program
- exploration
- Sample Type
- drill
- Group ID
- SG019:80-113.6
- Mining Method
- underground
Location
- Loc. Confidence
- medium
QA/QC
- Laboratory
- AHK Group
- QA/QC Disclosed
- Yes
- Lab Certified
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2025-08-05T00:00:00.000Z
Reasoning: Significant width of altered rock with multiple sulphides and confirmation of legacy workings.
Positive factors
- quartz stockworks
- disseminated pyrite, sphalerite, and galena
- intersection of historical mine void
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
SG022Santas Gloria · silverIntercept: 7.6 mView all detailsHide details
Identity
- Hole ID
- SG022
- Project
- Santas Gloria
- Commodity
- silver
- Region
- peru
- Reported Region
- peru
- Ticker
- FAS
Geometry
- Intercept
- 7.6 m
- From
- 91.1 m
- To
- 98.7 m
- Hole Depth
- 7.6 m
- Intercept Depth
- 91.1 m
Classification
- Deposit Type
- epithermal
- Program
- exploration
- Sample Type
- drill
- Group ID
- SG022:91.1-98.7
- Mining Method
- underground
Location
- Loc. Confidence
- medium
QA/QC
- Laboratory
- AHK Group
- QA/QC Disclosed
- Yes
- Lab Certified
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2025-08-05T00:00:00.000Z
Reasoning: Narrower intercept in an oxidized zone.
Positive factors
- pyrite
Negative factors
- oxidized zone
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
How Atlas produces this analysis
Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.