{"id":229,"date":"2009-10-29T17:38:48","date_gmt":"2009-10-29T06:38:48","guid":{"rendered":"http:\/\/www.australian-gold.com\/blog\/andean-asx-and-cash-balances-at-quarter-end-were-a952m\/"},"modified":"2009-10-29T17:38:48","modified_gmt":"2009-10-29T06:38:48","slug":"andean-asx-and-cash-balances-at-quarter-end-were-a952m","status":"publish","type":"post","link":"https:\/\/www.australian-gold.com\/blog\/andean-asx-and-cash-balances-at-quarter-end-were-a952m\/","title":{"rendered":"Andean ASX: AND &#8211; Cash balances at quarter-end were A$95.2M"},"content":{"rendered":"<p>Sydney, 29 October 2009<\/p>\n<p><strong>Andean Announces Quarterly Report<\/strong><\/p>\n<p>Andean Resources (ASX\/TSX) today announced the results for the quarter ended September 30, 2009 covering the Company\u2019s activities at its 100% owned Cerro Negro epithermal gold project in southern Argentina. Good progress continues to be made in the exploration programs designed to increase the Company\u2019s overall gold and silver resources; in the bankable feasibility study; in site infrastructure; and in building a team to enable the path to production, with the following highlights:<\/p>\n<p>Further drilling at the Bajo Negro discovery extended known strike length to over 1 kilometer with the vein remaining open along strike and to depth<br \/>\n\u2022\tBDD-925: 9.4m of 22.1 g\/t Au and 42 g\/t Ag from 242m<br \/>\n\u2022\tBDD-937: 9.6m of 22.1 g\/t Au and 30 g\/t Ag from 267m<br \/>\n\u2022\tBDD-942: 13.5m of 13.7 g\/t Au and 46 g\/t Ag from 308m<br \/>\n\u2022\tBDD-954: 4.9m of 21.3 g\/t Au and 41 g\/t Ag from 279m<br \/>\n\u2022\tBDD-955: 5.75m of 104.9 g\/t Au and >45 g\/t Ag from 263m<br \/>\n\u2022\tCompletion of the first ever winter drill program at Cerro Negro<br \/>\n\u2022\tNew Bajo Negro discovery to be included in the Bankable Feasibility Study<br \/>\n\u2022\tUnderground contractor to mobilize to site in the fourth quarter of 2009<br \/>\n\u2022\tAppointment of Louis Gignac as Chairman of the Board<br \/>\n\u2022\tAppointment of Richard Leclerc as Vice President, Operations<br \/>\n\u2022\tCash balances at quarter-end were A$95.2M<br \/>\n<a href=\"http:\/\/www.andean.com.au\/pdf\/reports\/2009\/andean_quarterly_090930.pdf\">A full copy of today\u2019s ASX\/TSX release is attached.<\/a><\/p>\n<p>Krista Muhr<br \/>\nDirector of Investor Relations<br \/>\nAndean Resources<br \/>\nT: +1.647.330.1478<br \/>\nE: krista.muhr@andeangold.com<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Sydney, 29 October 2009 Andean Announces Quarterly Report Andean Resources (ASX\/TSX) today announced the results for the quarter ended September 30, 2009 covering the Company\u2019s activities at its 100% owned Cerro Negro epithermal gold project in southern Argentina. Good progress continues to be made in the exploration programs designed to increase the Company\u2019s overall gold [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[4,6,33],"class_list":["post-229","post","type-post","status-publish","format-standard","hentry","category-gold-blog","tag-and","tag-andean-resources","tag-quarterly-report"],"_links":{"self":[{"href":"https:\/\/www.australian-gold.com\/blog\/wp-json\/wp\/v2\/posts\/229","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.australian-gold.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.australian-gold.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.australian-gold.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.australian-gold.com\/blog\/wp-json\/wp\/v2\/comments?post=229"}],"version-history":[{"count":0,"href":"https:\/\/www.australian-gold.com\/blog\/wp-json\/wp\/v2\/posts\/229\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.australian-gold.com\/blog\/wp-json\/wp\/v2\/media?parent=229"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.australian-gold.com\/blog\/wp-json\/wp\/v2\/categories?post=229"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.australian-gold.com\/blog\/wp-json\/wp\/v2\/tags?post=229"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}