Overview
Why Invest in AndeanGold?
Welcome to the investor section of the AndeanGold website. In the current market, we believe our company offers a compelling investment story.
For your consideration, we provide the following investment highlights.
- 60% interest in the exciting Urumalqui Au-Ag Project, an advanced-stage exploration property located in the Department of Libertad, Peru. The Urumalqui Vein outcrops for 1.5 km on surface and has been drilled to the +/- 200 metre level to date with encouraging results. The Urumalqui Vein mineralization is open along strike and at depth, and the style of mineralization (low sulphidation, vein-style, epithermal) can reach depths of 400 to 600 metres. The Company is proceeding with an environmental permit application to initiate a Phase I infill drilling program in early 2011. This will be followed by the commissioning of a NI 43-101 report to establish an initial resource for the Project and a Phase II infill drilling program in 2011 to advance the resource to an initial reserve classification.
- Three key projects in southern Ecuador, a highly prospective region currently host to a number of precious and base metal projects. Two of the projects are past producing high-grade polymetallic (Ag, Au, Cu, Pb, Zn) underground mining properties, including Ecuador's largest historic silver producer.
- Approved environmental impact studies for the three Ecuadorian projects, two of which (Curiplaya and Molleturo) also have NI 43-101 reports.
- The Government of Ecuador passed a new Mines Law in January 2009 and the related Mining Regulations were signed into law in November 2009. The Company has been issued new mining titles under the new Mines Law to its three key Ecuadorian projects and has filed the requisite documents with the applicable governmental ministries in support of the Company's request to renew its exploration activities in Ecuador.
- Strong senior management team with extensive international mining experience in exploration, development and production in Latin America. The President & CEO has been involved with the developed four gold mines in North and South America.