Strategy
Andean's prime business objective is to build long-term value for its shareholders. The Company believes the best way to build value is to find more gold at historical finding costs of less than $15 per ounce. Within the gold industry, which is struggling to replace the same quality and quantity of reserves that it is currently mining, it becomes Andean's quest to find higher quality gold resources starting in the Andes. This brings us to our rapidly expanding Cerro Negro property, located in the foothills of the Andes and in the province of Santa Cruz, Argentina.
Andean plans to continue to explore and invest in its Cerro Negro property in southern Argentina to expand the size of the mineral resource and improve the commercial viability of the Cerro Negro Project. The Company expects to complete project development in parallel with an aggressive ongoing exploration program.
In parallel with the aforementioned activities, Andean will continue to explore its prospective Cerro Negro property in order to increase the size of the mineral resource, to increase the properties annual production and life. The Company also expects to explore its other properties in southern Argentina and potentially acquire additional properties in North and South America to build a portfolio of precious metal assets that would further increase the size of the Company.