Andean Precious Metals Appoints Sylvain Lessard as President and General Manager at the Golden Queen MINE
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ANDEAN PRECIOUS METALS APPOINTS SYLVAIN LESSARD AS
PRESIDENT AND GENERAL MANAGER AT THE GOLDEN QUEEN MINE
TORONTO, ON – July 11, 2024 – Andean Precious Metals Corp. (“Andean” or the “Company” )
(TSX-V: APM) (OTCQX: ANPMF) is pleased to announce the appointment of Sylvain Lessard as
President and General Manager of Golden Queen Mine, effective today, July 11, 2024.
With over 30 years of extensive experience in the mining sector, Mr. Lessard brings a wealth of
knowledge and a proven track record in open pit mining operations. Sylvain's career highlights include
roles as V ice President of Operations, General Manager, and various leadership positions where he
successfully led operational teams, implemented strategic plans for increased workflow efficiency,
profitability, and enhanced company stability.
Most recently as the former Vice President of Hecla Quebec and General Manager at Casa Berardi
Mine, Mr. Lessard was responsible for managing operations at two underground mines and one open
pit with significant production capacity. Additionally, he successfully led the expansion of the Scully Mine
to a higher production capacity during his tenure as Vice President, Mining Operations at Tacora
Resources.
Mr. Lessard holds a Bachelor of Science degree in Mining Engineering from École Polytechnique de
Montréal and has undergone professional training in Lean Management, Leadership, Blasting
Techniques, and more.
Executive Chairman and CEO, Alberto Morales, stated “I am very pleased to welcome Sylvain to the
Andean team. His exceptional leadership skills, deep technical knowledge, and proven capabilities in
driving operational excellence and cost control align perfectly with our company's goals. We are
confident that Sylvain's expertise will further strengthen our positi on in the industry and lead Golden
Queen to new heights.
“I also want to take this opportunity to extend my gratitude to Mark Fullenwider for his outstanding
dedication and leadership during his tenure at Golden Queen. Since December 2020 until his departure,
Mark has navigated the challenges of the pandemic and the transition through the acquisition by Andean
with exceptional skill. His wealth of knowledge in mining and his invaluable insights into Golden Queen's
operations have been crucial and I wish him all the best in his future endeavors."
About Andean Precious Metals
Andean is a growing precious metals producer focused on expanding into top-tier jurisdictions in the
Americas. The Company owns and operates the San Bartolomé processing facility in Potosí, Bolivia
and the Soledad Mountain mine in Kern County, California, and is well-funded to act on future growth
opportunities. Andean’s leadership team is committed to creating value; fostering safe, sustainable
and responsible operations; and achieving our ambition to be a multi-asset, mid-tier precious metals
producer.
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For more information, please contact:
Amanda Mallough
Director, Investor Relations
T: +1 647 463 7808
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Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Caution Regarding Forward-Looking Statements
Certain statements and information in this release constitute “forward-looking statements” within the
meaning of applicable U.S. securities laws and “forward-looking information” within the meaning of
applicable Canadian securities laws, which we refer to collectively as “forward-looking statements”.
Forward-looking statements are statements and information regarding possible events, conditions or
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of action. All statements and information other than statements of historical fact may be forward-looking
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(including negative variations) suggesting future outcomes or statements regarding an outlook.
Forward-looking statements in this release include, but are not limited to, statements and information
regarding the Company's production and cost outlook and capital expenditure expectations for 2024.
Such forward-looking statements are based on a number of material factors and assumptions, including,
but not limited to: the Company's ability to carry on exploration and development activities; the
Company's ability to secure and to meet obligations under property and option agreements and other
material agreements; the timely receipt of required approvals and permits; that there is no material
adverse change affecting the Company or its properties; that contracted parties provide goods or
services in a timely manner; that no unusual geological or technical problems occur; that plant and
equipment function as anticipated and that there is no material adverse change in the price of silver,
costs associated with production or recovery. Forward-looking statements involve known and unknown
risks, uncertainties and other factors which may cause actual results, performance or achievements, or
industry results, to differ materially from those anticipated in such forward-looking statements. The
Company believes the expectations reflected in such forward-looking statements are reasonable, but
no assurance can be given that these expectations will prove to be correct, and you are cautioned not
to place undue reliance on forward-looking statements contained herein.
Some of the risks and other factors which could cause actual results to differ materially from those
expressed in the forward-looking statements contained in this release include, but are not limited to:
risks and uncertainties relating to the interpretation of drill results, the geology, grade and continuity of
mineral deposits and conclusions of economic evaluations; results of initial feasibility, pre-feasibility and
feasibility studies, and the possibility that future exploration, development or mining results will not be
consistent with the Company’s expectations; risks relating to possible variations in reserves, resources,
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grade, planned mining dilution and ore loss, or recovery rates and changes in project parameters as
plans continue to be refined; mining and development risks, including risks related to accidents,
equipment breakdowns, labour disputes (including work stoppages and strikes) or other unanticipated
difficulties with or interruptions in exploration and development; the potential for delays in exploration or
development activities or the completion of feasibility studies; risks related to the inherent uncertainty of
production and cost estimates and the potential for unexpected costs and expenses; risks related to
commodity price and foreign exchange rate fluctuations; the uncertainty of profitability based upon the
cyclical nature of the industry in which the Company operates; risks related to failure to obtain adequate
financing on a timely basis and on acceptable terms or delays in obtaining governmental or local
community approvals or in the completion of development or construction activities; risks related to
environmental regulation and liability; political and regulatory risks associated with mining and
exploration; risks related to the uncertain global economic environment; and other factors contained in
the section entitled “Risk Factors” in the Company’s MD&A dated March 31, 2024.
Although the Company has attempted to identify important factors that could cause actual results or
events to differ materially from those described in the forward-looking statements, you are cautioned
that this list is not exhaustive and there may be other factors that the Company has not identified.
Furthermore, the Company undertakes no obligation to update or revise any forward-looking statements
included in this release if these beliefs, estimates and opinions or other circumstances should change,
except as otherwise required by applicable law.