Andean Silver Limited has reported robust progress at its Cerro Bayo Silver‐Gold Project in Chile, with recent drilling results further expanding the known mineralization outside the current resource envelope. The results, gathered from key areas within the Laguna Verde mining complex, underscore the company’s strategy to drive resource growth and position the project among world‐class silver assets. Highlights include significant intercepts at the Cristal Central prospect, such as a 59.6‑meter interval averaging 80g/t AgEq – including a 1.6‑meter section reaching over 1,000g/t AgEq – and another 19.3‑meter intercept averaging 177g/t AgEq with boutique high-grade segments. These impressive figures, along with very encouraging intercepts from Coyita North and Pegaso 7, support expectations of further resource expansion. Drilling at Coyita North has revealed extended high-grade shoots well below the current resource, effectively doubling the vertical extent of known mineralization with results like a 2.8‑meter intercept at 679g/t AgEq and additional intercepts delivering strong silver and gold grades. Meanwhile, the Pegaso 7 prospect has delivered multiple new veins, with intercepts including 1.2 meters at 794g/t AgEq and several additional high‑grade cutting intervals. These intercepts not only confirm the presence of economic silver and gold endowments but also emphasize the low cost of discovery per ounce as the company continues to drive its aggressive drilling campaign. The release highlights that the upcoming resource update, set for later this year, will serve as a pivotal step in advancing a restart strategy for high‐grade operations and capitalizing on a strong global demand for precious metals. Andean Silver Limited’s forward‐thinking approach combines infill drilling to enhance the confidence level of current resources, exploration drilling on regional targets, and early-stage studies on new corridors to build a comprehensive pipeline. The company deploys multiple rigs and leverages its seasoned geological team to maximize results across the project’s extensive 330km² tenure. Investor sentiment could be mixed based on the news. On the bullish side, the successful expansion of high‐grade mineralization, the identification of new, open-ended targets, and the firm’s clear strategy for resource growth should inspire confidence in long-term shareholder value. However, a bearish perspective might cite the inherent risks associated with early-stage exploration, the uncertainty around timing for restarting commercial operations, and potential challenges in converting exploration success into profitable production amid volatile commodity markets.