First Andes Silver Ltd.
First Andes Silver Ltd. (British Columbia-incorporated) explores for silver and gold in Peru, holding a 100% interest in the Santas Gloria silver property, ~55km east of Lima in an established mining district (~1,100 hectares across three concessions). The property hosts over 12km of multiphase veins mapped at surface, mostly undrilled by modern methods before 2024. The company's maiden diamond-drill programme reported high-grade silver on all drilled vein systems, and it is now running a 2025-2026 systematic property-wide exploration programme, most recently reporting kilometre-scale silver-in-soil anomalies across the project.
Notable vs. Peers
- Trading within 5% of its 52-week low — weak recent price momentum.
Lifecycle Milestones
Not yet determined: mill, tailings facility, grid power.
Jurisdiction (40%)6/10
Peru -- an established, mining-dependent Latin American jurisdiction, though with periodic community-access and permitting friction relative to Tier-1 peers.
Infrastructure (40%)6.4/10
Confirmed road access at Santas Gloria Silver Project, Lima region, Peru; existing mill, grid power, and tailings facility not yet researched, counted at a neutral 5/10 until established.
Nearby producing mine (20%)Not yet researched
No project coordinates on file yet, so distance to a producing mine can't be measured.
Acquisition Susceptibility
A relative ranking of how closely this company matches the profile of juniors that have actually been acquired — not a probability, and not a reason to buy. Acquisitions are rare: only a few dozen significant deals happen a year across a universe of thousands of juniors, so even a high score here describes a long shot. The strongest signal in the research, a producer that already owns part of the company, is scored from its disclosed strategic shareholders. A producer that is a joint-venture or earn-in partner on the project, rather than a shareholder, isn't captured yet.
How this score is built
- Disclosed pending dealSub-score: Not scored
No pending acquisition or merger disclosed (checked)
Not scored: having no deal in flight isn't held against a company.
Weight 26.25% - Producer's strategic stakeSub-score: Not yet researched
Holder register not researched yet
Not scored: most juniors that do get bought had no prior toehold, so a missing stake says little either way.
Weight 25% - Distance to a producing mineSub-score: Not yet researched
Distance not yet researched: no project coordinates on file
Distance can't be measured without coordinates, so excluded rather than counted as far.
Weight 22.5% - Lifecycle stageSub-score:1/10
Stage: Grassroots Exploration
Feasibility and permitting score 10, where deals cluster, and production 5.5; earlier stages score less, down to 1 at grassroots.
Weight 15% · 57% here - JurisdictionSub-score:6/10
Peru: jurisdiction score 6/10
Our jurisdiction score, used as is: higher means lower political and permitting risk.
Weight 6.75% · 26% here - CommoditySub-score:5/10
Primary commodity: Silver
Gold 10, copper 8, silver 5, nickel and uranium 4, others 2: most majors' deals are for gold.
Weight 4.5% · 17% here
Weight is each input's share of the full score. “Here” is its share of this company's score: inputs that aren't scored are left out and the rest re-weighted, never counted as zero.
Your Rankings
Management Team
Chief Executive Officer and Director of First Andes Silver Ltd., appointed January 28, 2025 (M.Sc., P.Geo). Geologist and mining executive with 20+ years of experience in exploration, M&A and project development across North and South America.
Executive Chairman and Director of First Andes Silver Ltd.; also a director of Alaska Energy Metals Corporation. Senior mining executive with 50+ years in resource development, having raised over $1 billion in capital and led 12+ major projects across gold, base metals, uranium and lithium.
Chief Financial Officer of Giga Metals Corporation (TSXV: GIGA) and of First Andes Silver Ltd. Completed a Bachelor of Commerce and a Post-Graduate Diploma in Public Accountancy at McGill University, earned CPA, CA accreditation in 2008, and provides accounting and CFO services to junior natural resource companies. Sources: gigametals.com/about/our-team/ and First Andes Silver's own disclosure.
Insiders, Investors & Smart Money
Notable shareholders and insiders whose involvement is worth knowing about, plus what we're seeing from institutional/large-investor activity.
No smart-money tracking (institutional/large-investor activity) for this miner yet — this is a planned feature, not live data.
No notable insiders tracked for this miner yet.
Reports, Presentations & Documents
First Andes Silver explores for silver and gold in Peru, where it holds 100% of the Santas Gloria silver property, about 1,100 hectares across three concessions some 55km east of Lima, with more than 12km of multiphase veins mapped at surface. Its maiden diamond drilling reported silver on all drilled vein systems, including 21 holes at San Jorge in 2024 and 2025, 17 of them with reportable intercepts such as 7.43m at 224 g/t silver-equivalent. In August 2026 it set out targets for a planned 3,000m diamond drill program across the Tembladera, San Jorge, Maribel and Paquita vein systems, with permitting for additional drill platforms still in progress. No resource estimate has been published.
No reports or presentations linked yet.