First Andes Silver Reports High-Grade Silver Assays, Santas Gloria Project, Peru

Core Insights - First Andes Silver Ltd. announced high-grade silver assay results from its 2,000-meter drill program at the Santas Gloria Project in Peru, indicating a significant mineralized system [1][3] Drill Program Results - The 2025 drill program confirmed the presence of a large, mineralized intermediate sulphidation system at San Jorge, with strong silver grades and extensive oxidation suggesting a preserved sulphide-rich system at depth [3][5] - Assays from drill holes SG016 to SG022 have been received, with notable results including: - SG017: 190.5 g/t AgEq over 6.20 m, including 578.6 g/t AgEq over 0.60 m [5] - SG022: 268.2 g/t AgEq over 3.90 m, including 638.1 g/t AgEq over 0.70 m [5] - SG019: 350.4 g/t AgEq over 1.10 m, including 443.2 g/t AgEq over 0.50 m [5] Future Exploration Potential - The company is permitting additional drill pads at San Jorge and other untested veins, indicating a strong potential for significant discoveries [3][5] - The Kelly vein, with a 1.2 km strike length, has shown promising surface channel samples with grades of 56.3 g/t Au and others, which remain undrilled [5] Company Overview - First Andes Silver Ltd. holds a 100% interest in the Santas Gloria silver property, located in a major mining district 100 km east of Lima, Peru, with established road access and a well-known intermediate sulphidation epithermal belt [13][15]