Vancouver, British Columbia--(Newsfile Corp. - January 15, 2026) - FIRST ANDES SILVER LTD. (TSXV: FAS) (OTC Pink: MSLVF) (FSE: 9TZ) ("First Andes" or the "Company") today reported the identification of a kilometer-scale zoned alteration cell at its 100%-owned Santas Gloria Project ("Santas Gloria" or the "Project") in Peru, following interpretation of the new WorldView-3 ("WV-3") short-wavelength infrared ("SWIR") spectral alteration mineral mapping data ("WV-3 SWIR"). The alteration assemblage, zonation, ...

Core Insights - First Andes Silver Ltd. has announced the remaining assay results from its 2,000-meter drill program at the Santas Gloria Project in Peru, confirming strong silver and base metal grades [1][3] - The consistency of mineralization across 11 of 14 holes indicates significant depth potential, suggesting the presence of a larger preserved sulphide-rich system at depth [3][6] - The company plans to optimize future drilling by establishing new collar locations to better target deeper sulphide zones [3][6] Assay Results - The final assay results from the San Jorge Vein show robust silver and base metal grades, with significant intercepts reported in multiple drill holes [5][6] - Notable results include: - Drill hole SG027: 167.1 g/t AgEq over 4.80 m, including 276.9 g/t AgEq over 0.60 m [6] - Drill hole SG024: 238.8 g/t AgEq over 1.90 m, including 596.6 g/t AgEq over 0.50 m [6] - Drill hole SG023: 222.6 g/t AgEq over 1.70 m, including 410.3 g/t AgEq over 0.50 m [6] Future Plans - The company intends to drill additional high-grade veins, including the Tembladera Vein and the Kelly Vein, as well as other untested epithermal systems across the property [4][6] - Future drilling will be optimized based on geological modeling to ensure comprehensive testing of the San Jorge Vein and its extensions [3][6] Company Overview - First Andes Silver Ltd. holds a 100% interest in the Santas Gloria silver property, located in a major mining district near Lima, Peru, with established road access and significant exploration potential [13]