First Andes Silver Provides Drill Targeting Update for Santas Gloria Project, Peru
Original announcement by orestocks on
- Company
- First Andes Silver Ltd.
- Ticker
- FAS.V
- Exchange
- Unavailable
- Region
- Peru
- Primary commodity
- Silver
- Secondary commodities
- Gold, Lead, Zinc
- Document categories
- Drill results
- Extracted
- 2026-08-24 12:08:43 UTC
Analysis by Minestarters Atlas
Minestarters Atlas analysis
Summary
First Andes Silver has announced a planned 3,000-metre diamond drilling program at its Santas Gloria Project in Peru, targeting four priority vein systems. The update outlines drill targets for Tembladera, San Jorge, Maribel, and Paquita, utilizing a specialized rig to access previously difficult zones.
Reasoning: The document is a drill targeting update rather than new assay results, primarily restating historical/2024 intercepts to justify an upcoming 3,000m program. While not 'new' news, it provides a strategic roadmap and confirms high-grade potential.
Positive factors
- high-grade silver intercepts
- expansion of drill targeting
- specialized rig for inaccessible zones
- strong soil anomalies
Negative factors
- historical data restatement
- true widths not yet determined
Facts used in scoring: 24
Classification and evidence
Infill Drillingneutral
Confirmatory drilling to raise resource confidence, not new discovery.
Why it applies: The update focuses on follow-up drilling of known high-grade mineralization and refining targets.
Evidence · text
“combining follow-up drilling of high-grade silver mineralization with new targets”
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: The document mentions metal prices and recoveries used for AgEq calculations, implying a structured assay/reporting process.
Evidence · text
“Silver-equivalent ("AgEq") values... were calculated using metal prices of US$28/oz Ag...”
Extracted facts
Stored fact records: 24. Some facts used in scoring do not have a stored record.
Drill Results (24)
SG015Santas Gloria · silverGrade: 127Grade Unit: g/tIntercept: 0.87 mHistorical resultNeeds review: historical_restatementView all detailsHide details
Link to this fact
Identity
- Hole ID
- SG015
- Project
- Santas Gloria
- Commodity
- silver
- Region
- peru
- Reported Region
- Peru
- Ticker
- FAS.V
Geometry
- Grade
- 127
- Grade Unit
- g/t
- Intercept
- 0.87 m
Classification
- Sample Type
- drill
- Group ID
- SG015:0.0-0.87
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Interp. Status
- scored
- Historical
- Yes
- Historical Source Date
- 2024-10-29T00:00:00.000Z
Dates
- Event date
- 2026-08-24T00:00:00.000Z
Reasoning: Restatement of 2024 intercept.
Evidence · text
“SG015 returning 0.87 metres grading 131.4 g/t AgEq (72 g/t Ag, 0.05 g/t Au, 0.71% Pb and 1.19% Zn)”
SG015Santas Gloria · goldGrade: 0.05Grade Unit: g/tIntercept: 0.87 mHistorical resultNeeds review: historical_restatementView all detailsHide details
Link to this fact
Identity
- Hole ID
- SG015
- Project
- Santas Gloria
- Commodity
- gold
- Region
- peru
- Reported Region
- Peru
- Ticker
- FAS.V
Geometry
- Grade
- 0.05
- Grade Unit
- g/t
- Intercept
- 0.87 m
Classification
- Sample Type
- drill
- Group ID
- SG015:0.0-0.87
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Interp. Status
- scored
- Historical
- Yes
- Historical Source Date
- 2024-10-29T00:00:00.000Z
Dates
- Event date
- 2026-08-24T00:00:00.000Z
Reasoning: Restatement of 2024 intercept.
Evidence · text
“0.05 g/t Au”
SG015Santas Gloria · leadGrade: 0.71Grade Unit: %Intercept: 0.87 mHistorical resultNeeds review: historical_restatementView all detailsHide details
Link to this fact
Identity
- Hole ID
- SG015
- Project
- Santas Gloria
- Commodity
- lead
- Region
- peru
- Reported Region
- Peru
- Ticker
- FAS.V
Geometry
- Grade
- 0.71
- Grade Unit
- %
- Intercept
- 0.87 m
Classification
- Sample Type
- drill
- Group ID
- SG015:0.0-0.87
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Interp. Status
- scored
- Historical
- Yes
- Historical Source Date
- 2024-10-29T00:00:00.000Z
Dates
- Event date
- 2026-08-24T00:00:00.000Z
Reasoning: Restatement of 2024 intercept.
Evidence · text
“0.71% Pb”
SG015Santas Gloria · zincGrade: 1.19Grade Unit: %Intercept: 0.87 mHistorical resultNeeds review: historical_restatementView all detailsHide details
Link to this fact
Identity
- Hole ID
- SG015
- Project
- Santas Gloria
- Commodity
- zinc
- Region
- peru
- Reported Region
- Peru
- Ticker
- FAS.V
Geometry
- Grade
- 1.19
- Grade Unit
- %
- Intercept
- 0.87 m
Classification
- Sample Type
- drill
- Group ID
- SG015:0.0-0.87
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Interp. Status
- scored
- Historical
- Yes
- Historical Source Date
- 2024-10-29T00:00:00.000Z
Dates
- Event date
- 2026-08-24T00:00:00.000Z
Reasoning: Restatement of 2024 intercept.
Evidence · text
“1.19% Zn”
SG003Santas Gloria · silverGrade: 193Grade Unit: g/tIntercept: 7.43 mHistorical resultNeeds review: historical_restatementView all detailsHide details
Link to this fact
Identity
- Hole ID
- SG003
- Project
- Santas Gloria
- Commodity
- silver
- Region
- peru
- Reported Region
- Peru
- Ticker
- FAS.V
Geometry
- Grade
- 193
- Grade Unit
- g/t
- Intercept
- 7.43 m
Classification
- Sample Type
- drill
- Group ID
- SG003:0.0-7.43
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Interp. Status
- scored
- Historical
- Yes
- Historical Source Date
- 2025-08-21T00:00:00.000Z
Dates
- Event date
- 2026-08-24T00:00:00.000Z
Reasoning: Restatement of high-grade silver intercept.
Evidence · text
“7.43 metres grading 224 g/t AgEq (193 g/t Ag, 0.05 g/t Au, 0.34% Pb and 0.30% Zn) in SG003”
SG003Santas Gloria · goldGrade: 0.05Grade Unit: g/tIntercept: 7.43 mHistorical resultNeeds review: historical_restatementView all detailsHide details
Link to this fact
Identity
- Hole ID
- SG003
- Project
- Santas Gloria
- Commodity
- gold
- Region
- peru
- Reported Region
- Peru
- Ticker
- FAS.V
Geometry
- Grade
- 0.05
- Grade Unit
- g/t
- Intercept
- 7.43 m
Classification
- Sample Type
- drill
- Group ID
- SG003:0.0-7.43
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Interp. Status
- scored
- Historical
- Yes
- Historical Source Date
- 2025-08-21T00:00:00.000Z
Dates
- Event date
- 2026-08-24T00:00:00.000Z
Reasoning: Restatement of 2025 intercept.
Evidence · text
“0.05 g/t Au”
SG003Santas Gloria · leadGrade: 0.34Grade Unit: %Intercept: 7.43 mHistorical resultNeeds review: historical_restatementView all detailsHide details
Link to this fact
Identity
- Hole ID
- SG003
- Project
- Santas Gloria
- Commodity
- lead
- Region
- peru
- Reported Region
- Peru
- Ticker
- FAS.V
Geometry
- Grade
- 0.34
- Grade Unit
- %
- Intercept
- 7.43 m
Classification
- Sample Type
- drill
- Group ID
- SG003:0.0-7.43
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Interp. Status
- scored
- Historical
- Yes
- Historical Source Date
- 2025-08-21T00:00:00.000Z
Dates
- Event date
- 2026-08-24T00:00:00.000Z
Reasoning: Restatement of 2025 intercept.
Evidence · text
“0.34% Pb”
SG003Santas Gloria · zincGrade: 0.3Grade Unit: %Intercept: 7.43 mHistorical resultNeeds review: historical_restatementView all detailsHide details
Link to this fact
Identity
- Hole ID
- SG003
- Project
- Santas Gloria
- Commodity
- zinc
- Region
- peru
- Reported Region
- Peru
- Ticker
- FAS.V
Geometry
- Grade
- 0.3
- Grade Unit
- %
- Intercept
- 7.43 m
Classification
- Sample Type
- drill
- Group ID
- SG003:0.0-7.43
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Interp. Status
- scored
- Historical
- Yes
- Historical Source Date
- 2025-08-21T00:00:00.000Z
Dates
- Event date
- 2026-08-24T00:00:00.000Z
Reasoning: Restatement of 2025 intercept.
Evidence · text
“0.30% Zn”
SG022Santas Gloria · silverGrade: 249Grade Unit: g/tIntercept: 3.9 mHistorical resultNeeds review: historical_restatementView all detailsHide details
Link to this fact
Identity
- Hole ID
- SG022
- Project
- Santas Gloria
- Commodity
- silver
- Region
- peru
- Reported Region
- Peru
- Ticker
- FAS.V
Geometry
- Grade
- 249
- Grade Unit
- g/t
- Intercept
- 3.9 m
Classification
- Sample Type
- drill
- Group ID
- SG022:0.0-3.9
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Interp. Status
- scored
- Historical
- Yes
- Historical Source Date
- 2025-08-21T00:00:00.000Z
Dates
- Event date
- 2026-08-24T00:00:00.000Z
Reasoning: Restatement of high-grade silver intercept.
Evidence · text
“3.90 metres grading 268.2 g/t AgEq (249 g/t Ag, 0.12 g/t Au, 0.32% Pb and 0.14% Zn) in SG022”
SG022Santas Gloria · goldGrade: 0.12Grade Unit: g/tIntercept: 3.9 mHistorical resultNeeds review: historical_restatementView all detailsHide details
Link to this fact
Identity
- Hole ID
- SG022
- Project
- Santas Gloria
- Commodity
- gold
- Region
- peru
- Reported Region
- Peru
- Ticker
- FAS.V
Geometry
- Grade
- 0.12
- Grade Unit
- g/t
- Intercept
- 3.9 m
Classification
- Sample Type
- drill
- Group ID
- SG022:0.0-3.9
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Interp. Status
- scored
- Historical
- Yes
- Historical Source Date
- 2025-08-21T00:00:00.000Z
Dates
- Event date
- 2026-08-24T00:00:00.000Z
Reasoning: Restatement of 2025 intercept.
Evidence · text
“0.12 g/t Au”
SG022Santas Gloria · leadGrade: 0.32Grade Unit: %Intercept: 3.9 mHistorical resultNeeds review: historical_restatementView all detailsHide details
Link to this fact
Identity
- Hole ID
- SG022
- Project
- Santas Gloria
- Commodity
- lead
- Region
- peru
- Reported Region
- Peru
- Ticker
- FAS.V
Geometry
- Grade
- 0.32
- Grade Unit
- %
- Intercept
- 3.9 m
Classification
- Sample Type
- drill
- Group ID
- SG022:0.0-3.9
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Interp. Status
- scored
- Historical
- Yes
- Historical Source Date
- 2025-08-21T00:00:00.000Z
Dates
- Event date
- 2026-08-24T00:00:00.000Z
Reasoning: Restatement of 2025 intercept.
Evidence · text
“0.32% Pb”
SG022Santas Gloria · zincGrade: 0.14Grade Unit: %Intercept: 3.9 mHistorical resultNeeds review: historical_restatementView all detailsHide details
Link to this fact
Identity
- Hole ID
- SG022
- Project
- Santas Gloria
- Commodity
- zinc
- Region
- peru
- Reported Region
- Peru
- Ticker
- FAS.V
Geometry
- Grade
- 0.14
- Grade Unit
- %
- Intercept
- 3.9 m
Classification
- Sample Type
- drill
- Group ID
- SG022:0.0-3.9
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Interp. Status
- scored
- Historical
- Yes
- Historical Source Date
- 2025-08-21T00:00:00.000Z
Dates
- Event date
- 2026-08-24T00:00:00.000Z
Reasoning: Restatement of 2025 intercept.
Evidence · text
“0.14% Zn”
SG017Santas Gloria · silverGrade: 165Grade Unit: g/tIntercept: 6.2 mHistorical resultNeeds review: historical_restatementView all detailsHide details
Link to this fact
Identity
- Hole ID
- SG017
- Project
- Santas Gloria
- Commodity
- silver
- Region
- peru
- Reported Region
- Peru
- Ticker
- FAS.V
Geometry
- Grade
- 165
- Grade Unit
- g/t
- Intercept
- 6.2 m
Classification
- Sample Type
- drill
- Group ID
- SG017:0.0-6.2
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Interp. Status
- scored
- Historical
- Yes
- Historical Source Date
- 2025-08-21T00:00:00.000Z
Dates
- Event date
- 2026-08-24T00:00:00.000Z
Reasoning: Restatement of high-grade silver intercept.
Evidence · text
“6.20 metres grading 190.5 g/t AgEq (165 g/t Ag, 0.20 g/t Au, 0.17% Pb and 0.23% Zn) in SG017”
SG017Santas Gloria · goldGrade: 0.2Grade Unit: g/tIntercept: 6.2 mHistorical resultNeeds review: historical_restatementView all detailsHide details
Link to this fact
Identity
- Hole ID
- SG017
- Project
- Santas Gloria
- Commodity
- gold
- Region
- peru
- Reported Region
- Peru
- Ticker
- FAS.V
Geometry
- Grade
- 0.2
- Grade Unit
- g/t
- Intercept
- 6.2 m
Classification
- Sample Type
- drill
- Group ID
- SG017:0.0-6.2
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Interp. Status
- scored
- Historical
- Yes
- Historical Source Date
- 2025-08-21T00:00:00.000Z
Dates
- Event date
- 2026-08-24T00:00:00.000Z
Reasoning: Restatement of 2025 intercept.
Evidence · text
“0.20 g/t Au”
SG017Santas Gloria · leadGrade: 0.17Grade Unit: %Intercept: 6.2 mHistorical resultNeeds review: historical_restatementView all detailsHide details
Link to this fact
Identity
- Hole ID
- SG017
- Project
- Santas Gloria
- Commodity
- lead
- Region
- peru
- Reported Region
- Peru
- Ticker
- FAS.V
Geometry
- Grade
- 0.17
- Grade Unit
- %
- Intercept
- 6.2 m
Classification
- Sample Type
- drill
- Group ID
- SG017:0.0-6.2
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Interp. Status
- scored
- Historical
- Yes
- Historical Source Date
- 2025-08-21T00:00:00.000Z
Dates
- Event date
- 2026-08-24T00:00:00.000Z
Reasoning: Restatement of 2025 intercept.
Evidence · text
“0.17% Pb”
SG017Santas Gloria · zincGrade: 0.23Grade Unit: %Intercept: 6.2 mHistorical resultNeeds review: historical_restatementView all detailsHide details
Link to this fact
Identity
- Hole ID
- SG017
- Project
- Santas Gloria
- Commodity
- zinc
- Region
- peru
- Reported Region
- Peru
- Ticker
- FAS.V
Geometry
- Grade
- 0.23
- Grade Unit
- %
- Intercept
- 6.2 m
Classification
- Sample Type
- drill
- Group ID
- SG017:0.0-6.2
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Interp. Status
- scored
- Historical
- Yes
- Historical Source Date
- 2025-08-21T00:00:00.000Z
Dates
- Event date
- 2026-08-24T00:00:00.000Z
Reasoning: Restatement of 2025 intercept.
Evidence · text
“0.23% Zn”
SG010Santas Gloria · silverGrade: 117Grade Unit: g/tIntercept: 4.4 mHistorical resultNeeds review: historical_restatementView all detailsHide details
Link to this fact
Identity
- Hole ID
- SG010
- Project
- Santas Gloria
- Commodity
- silver
- Region
- peru
- Reported Region
- Peru
- Ticker
- FAS.V
Geometry
- Grade
- 117
- Grade Unit
- g/t
- Intercept
- 4.4 m
Classification
- Sample Type
- drill
- Group ID
- SG010:0.0-4.4
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Interp. Status
- scored
- Historical
- Yes
- Historical Source Date
- 2024-10-29T00:00:00.000Z
Dates
- Event date
- 2026-08-24T00:00:00.000Z
Reasoning: Restatement of 2024 intercept.
Evidence · text
“SG010, returned 4.40 metres grading 134 g/t AgEq (80 g/t Ag, 0.44 g/t Au, 0.16% Pb and 0.34% Zn)”
SG010Santas Gloria · goldGrade: 0.44Grade Unit: g/tIntercept: 4.4 mHistorical resultNeeds review: historical_restatementView all detailsHide details
Link to this fact
Identity
- Hole ID
- SG010
- Project
- Santas Gloria
- Commodity
- gold
- Region
- peru
- Reported Region
- Peru
- Ticker
- FAS.V
Geometry
- Grade
- 0.44
- Grade Unit
- g/t
- Intercept
- 4.4 m
Classification
- Sample Type
- drill
- Group ID
- SG010:0.0-4.4
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Interp. Status
- scored
- Historical
- Yes
- Historical Source Date
- 2024-10-29T00:00:00.000Z
Dates
- Event date
- 2026-08-24T00:00:00.000Z
Reasoning: Restatement of 2024 intercept.
Evidence · text
“0.44 g/t Au”
SG010Santas Gloria · leadGrade: 0.16Grade Unit: %Intercept: 4.4 mHistorical resultNeeds review: historical_restatementView all detailsHide details
Link to this fact
Identity
- Hole ID
- SG010
- Project
- Santas Gloria
- Commodity
- lead
- Region
- peru
- Reported Region
- Peru
- Ticker
- FAS.V
Geometry
- Grade
- 0.16
- Grade Unit
- %
- Intercept
- 4.4 m
Classification
- Sample Type
- drill
- Group ID
- SG010:0.0-4.4
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Interp. Status
- scored
- Historical
- Yes
- Historical Source Date
- 2024-10-29T00:00:00.000Z
Dates
- Event date
- 2026-08-24T00:00:00.000Z
Reasoning: Restatement of 2024 intercept.
Evidence · text
“0.16% Pb”
SG010Santas Gloria · zincGrade: 0.34Grade Unit: %Intercept: 4.4 mHistorical resultNeeds review: historical_restatementView all detailsHide details
Link to this fact
Identity
- Hole ID
- SG010
- Project
- Santas Gloria
- Commodity
- zinc
- Region
- peru
- Reported Region
- Peru
- Ticker
- FAS.V
Geometry
- Grade
- 0.34
- Grade Unit
- %
- Intercept
- 4.4 m
Classification
- Sample Type
- drill
- Group ID
- SG010:0.0-4.4
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Interp. Status
- scored
- Historical
- Yes
- Historical Source Date
- 2024-10-29T00:00:00.000Z
Dates
- Event date
- 2026-08-24T00:00:00.000Z
Reasoning: Restatement of 2024 intercept.
Evidence · text
“0.34% Zn”
SG011Santas Gloria · silverGrade: 64Grade Unit: g/tIntercept: 3.3 mHistorical resultNeeds review: historical_restatementView all detailsHide details
Link to this fact
Identity
- Hole ID
- SG011
- Project
- Santas Gloria
- Commodity
- silver
- Region
- peru
- Reported Region
- Peru
- Ticker
- FAS.V
Geometry
- Grade
- 64
- Grade Unit
- g/t
- Intercept
- 3.3 m
Classification
- Sample Type
- drill
- Group ID
- SG011:0.0-3.3
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Interp. Status
- scored
- Historical
- Yes
- Historical Source Date
- 2024-10-29T00:00:00.000Z
Dates
- Event date
- 2026-08-24T00:00:00.000Z
Reasoning: Restatement of 2024 intercept.
Evidence · text
“SG011 with 3.30 metres grading 110 g/t AgEq (64 g/t Ag, 0.31 g/t Au, 0.15% Pb and 0.28% Zn)”
SG011Santas Gloria · goldGrade: 0.31Grade Unit: g/tIntercept: 3.3 mHistorical resultNeeds review: historical_restatementView all detailsHide details
Link to this fact
Identity
- Hole ID
- SG011
- Project
- Santas Gloria
- Commodity
- gold
- Region
- peru
- Reported Region
- Peru
- Ticker
- FAS.V
Geometry
- Grade
- 0.31
- Grade Unit
- g/t
- Intercept
- 3.3 m
Classification
- Sample Type
- drill
- Group ID
- SG011:0.0-3.3
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Interp. Status
- scored
- Historical
- Yes
- Historical Source Date
- 2024-10-29T00:00:00.000Z
Dates
- Event date
- 2026-08-24T00:00:00.000Z
Reasoning: Restatement of 2024 intercept.
Evidence · text
“0.31 g/t Au”
SG011Santas Gloria · leadGrade: 0.15Grade Unit: %Intercept: 3.3 mHistorical resultNeeds review: historical_restatementView all detailsHide details
Link to this fact
Identity
- Hole ID
- SG011
- Project
- Santas Gloria
- Commodity
- lead
- Region
- peru
- Reported Region
- Peru
- Ticker
- FAS.V
Geometry
- Grade
- 0.15
- Grade Unit
- %
- Intercept
- 3.3 m
Classification
- Sample Type
- drill
- Group ID
- SG011:0.0-3.3
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Interp. Status
- scored
- Historical
- Yes
- Historical Source Date
- 2024-10-29T00:00:00.000Z
Dates
- Event date
- 2026-08-24T00:00:00.000Z
Reasoning: Restatement of 2024 intercept.
Evidence · text
“0.15% Pb”
SG011Santas Gloria · zincGrade: 0.28Grade Unit: %Intercept: 3.3 mHistorical resultNeeds review: historical_restatementView all detailsHide details
Link to this fact
Identity
- Hole ID
- SG011
- Project
- Santas Gloria
- Commodity
- zinc
- Region
- peru
- Reported Region
- Peru
- Ticker
- FAS.V
Geometry
- Grade
- 0.28
- Grade Unit
- %
- Intercept
- 3.3 m
Classification
- Sample Type
- drill
- Group ID
- SG011:0.0-3.3
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Interp. Status
- scored
- Historical
- Yes
- Historical Source Date
- 2024-10-29T00:00:00.000Z
Dates
- Event date
- 2026-08-24T00:00:00.000Z
Reasoning: Restatement of 2024 intercept.
Evidence · text
“0.28% Zn”
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.