ASL ,stock price $1.20 trading around a AUD $ 190 million market cap with already US $150 million worth of infrastructure at its Cerro Bayo Project. Resource to around 111 million of Silver ounces equivalent with so much potential for more. Importantly it is higher grade with no base metals. They also have the Gold equivalent of 800 000 ounces . Importantly it is higher grade with no base metals.They still have so many targets they are yet to explore. Ongoing drilling has doubled the vertical extent of mineralization at the Coyita zone, and new high-grade veins have been discovered outside the main resource area.
Over 400 km² of mining and exploration tenure. Existing permitted 500,000 tonnes per annum (tpa) mill facility on freehold land. Three drill rigs currently operating onsite. Extensive permits and licenses in place. Over 30 years of mining history at Cerro Bayo.
ASL is a stands out for its combination of a large, permitted processing plant, extensive tenure, and significant legacy infrastructure, positioning it for rapid development and scalability.
