# First Andes Silver Clarifies News Release

Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/first-andes-silver-clarifies-news-release--418e51d0-a746-4310-8e50-941efc46d29c

Original source: https://money.tmx.com/en/quote/FAS/news/6122291650894997/first-andes-silver-clarifies-news-release

Publisher: tmx

Original announcement: 2025-07-02T20:15:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: Unknown date

Atlas analysis updated: Unknown date

- Company: First Andes Silver Ltd.

- Ticker: FAS

- Exchange: TSX

- Region: Peru

- Primary commodity: Silver

- Secondary commodities: Lead, Zinc

- Document categories: Drill results

- Extracted: 2026-08-23 11:02:06 UTC

Narrative sentiment: 0.60 · Bullish

## Minestarters Atlas summary

First Andes Silver reported significant geological results from drill hole SG017 at the Santas Gloria Project in Peru, intercepting a 57.6m wide sulphide-mineralized hydrothermal breccia. While assay results are pending, field logging confirms a robust polymetallic system with semi-massive galena and sphalerite, marking a major breakthrough in the project's geological model.

Reasoning: The drill hole SG017 intersected a broad \(57.6m\) sulphide-rich hydrothermal breccia, representing the deepest intersection of epithermal mineralization at the project to date.

- Positive factor: significant breakthrough in geological model

- Positive factor: deepest recorded intersection of epithermal mineralization

- Positive factor: robust polymetallic-mineralized system

- Positive factor: open in all directions

- Negative factor: no assay results yet

Facts used in scoring: 1

## Classification and evidence

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: The release mentions compliance with ISO/IEC 17025 and ISO 9001, use of tie-locks for chain of custody, and passing QA/QC within tolerance limits.

Evidence · text

> maintains rigorous quality standards through compliance with industry standards and regulations, including ISO/IEC 17025 and ISO 9001.

**QP/CP Signed**

Polarity: positive

Story-specific tag

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: Dr. Christopher Wilson, a Qualified Person under NI 43-101, has reviewed and approved the technical information.

Evidence · text

> Qualified Person Dr. Christopher Wilson, Ph.D., FAusIMM \(CP\), FSEG, FGS, a Qualified Person under National Instrument 43-101, has reviewed and approved the technical information

## Extracted facts

Stored fact records: 1. Some facts used in scoring do not have a stored record.

## Drill Results (1)

### SG017

[Link to this fact](https://atlas-staging.minestarters.com/news/first-andes-silver-clarifies-news-release--418e51d0-a746-4310-8e50-941efc46d29c#fact-drill-facts-0)

Santas Gloria · silver

#### Identity

- Hole ID: SG017
- Project: Santas Gloria
- Commodity: silver
- Region: peru
- Reported Region: Peru
- Ticker: FAS

#### Geometry

- Intercept: 57.6 m
- From: 136.6 m
- To: 194.2 m

#### Classification

- Deposit Type: epithermal
- Program: exploration
- Sample Type: drill
- Mining Method: underground

#### QA/QC

- Laboratory: AHK Group
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards, duplicates

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2025-07-02T00:00:00.000Z

Reasoning: Broad 57.6m intercept of sulphide-mineralized breccia at depth.

- Positive factor: broad mineralized zone

- Positive factor: deepest intersection to date

- Negative factor: assays pending

Evidence · text

> intercepted a broad zone of sulphide-mineralized hydrothermal breccia from 136.60 to 194.20 m \(57.60 m drilled width\)

## 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.