en.Wedoany.com Reported - Australian mineral exploration and development company Andean Silver (ASX:ASL) has intersected 1.4 meters grading 268.60 g/t gold and 3,045 g/t silver, for a silver equivalent grade of 25,340 g/t, in the Trinidad vein at its Cerro Bayo silver-gold project in Chile, marking the highest grade ever recorded at the project, the company said.

This drilling is part of an ongoing infill program aimed at upgrading inferred resources to measured and indicated categories. Managing Director Matthew Allen said the company's dual-pronged strategy of resource growth and upgrade continues to deliver excellent results, which will be incorporated into the upcoming feasibility study and restart study. He added that the latest infill drilling results within the inferred resource area highlight the strong continuity of mineralization at the Cerro Bayo project, presenting a significant opportunity for the company to drive value by upgrading these resources to measured and indicated categories.

Notable intercepts from the Trinidad vein include 2.4 meters at 15,558 g/t silver equivalent, comprising 1,882 g/t silver and 164.8 g/t gold. Other results from the first drilling in over a decade at the Trinidad vein include 2.5 meters at 500 g/t silver equivalent and 3.3 meters at 480 g/t silver equivalent.

Drilling in the Delia SE area continues to support resource conversion, with results including 3.1 meters at 3,356 g/t silver equivalent and 3.0 meters at 889 g/t silver equivalent.

The company said these results demonstrate the strong continuity of mineralization across the entire Laguna Verde mine complex. The accelerated drilling program is targeting the recently announced total resource of 20 million tonnes at 211 g/t silver equivalent, totaling 136 million ounces of silver equivalent. Resource growth drilling is set to commence this quarter in the broader Cerro Bayo area for the first time in 20 years, with priority targets including Guanaco, Raul, and Marcela. The company maintains four drill rigs on site and is considering increasing capacity to support planned activities for 2026 and 2027.

Andean Silver is an Australian mineral exploration and development company advancing its flagship Cerro Bayo silver-gold project in Chile, while also holding a portfolio of Australian exploration assets including the Hillside, Mt Alexander, and Araluen projects.