Regional Exploration
Andean has been proactive in expanding its regional interest in Santa Cruz province and holds options to purchase 100% interests in 3 prospective gold exploration licences, namely, Las Mellizas, La Esperanza and San Augustin. At Las Mellizas, which is located approx. 120km south east of Cerro Negro, exploration by previous explorers Rio Tinto and IAM Gold was successful in delineating several epithermal vein structures (some with "bonanza grades ) over 900 meters of strike and to a depth of 150 meters.
Andean did not significantly advance these properties due to the need to define resources on other targets especially the Eureka West, Bajo Negro and Vein Zone.