Advance Metals Limited (ASX:AVM) has delivered outstanding new drill results from its 100%-owned, high-grade Yoquivo Silver-Gold Project in Chihuahua, Mexico, confirming strong down-dip continuity and reinforcing the project’s leverage to silver.
Assay results from the first hole of the current diamond drilling program (YQ-25-009) have significantly extended high-grade mineralisation at depth in the Pertenencia Area, returning exceptional silver and gold grades over meaningful widths.
Key results from YQ-25-009 include:
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2.05m at 512g/t AgEq (325g/t Ag and 1.0g/t Au) from 138m
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14.1m at 320g/t AgEq (167g/t Ag and 2.0g/t Au) from 309.9m
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including 1.5m at 2,663g/t AgEq (1,331g/t Ag and 17.4g/t Au) from 321.75m
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The lower portion of the hole ranks among the strongest intersections drilled at Yoquivo to date, with peak grades of up to 2,780g/t silver and 38.6g/t gold, materially extending high-grade mineralisation by approximately 70–80 metres down-dip in the central part of the deposit.
Importantly, the system remains completely open at depth, highlighting substantial resource growth potential.
Commenting on the results, Advance Metals Managing Director and CEO said:
“These are outstanding results by any global standard. The combination of very high grades, nice widths and an emerging down-dip continuity reinforces our view that Yoquivo is a robust, high grade silver-gold system with significant room to grow.”
“What’s particularly exciting is that the high-grade mineralisation remains completely open at depth. With drilling ongoing, assays from multiple additional holes pending, and an extensive historic core sampling program nearing completion, we see a clear pathway to towards an updated and improved JORC resource in early 2026.”
The current drilling campaign was designed to test extensions to existing mineralisation at Pertenencia, as well as multiple regional targets across the broader Yoquivo Project area. Assay results from four additional diamond drill holes completed late last year are pending, following the recent recommencement of drilling after the Christmas period.
In parallel, Advance is nearing completion of an extensive program re-logging and sampling more than 4,500 metres of previously unassayed historic drill core. Results from this work, together with new drilling data, will underpin an updated geological model and a new JORC-compliant Mineral Resource estimate, targeted for early 2026.
About us:
About Advance Metals
Advance Metals Limited (ASX:AVM) is an Australian-based exploration company focused on the discovery and development of high-quality, high-grade silver and gold assets in Mexico. With an experienced management team and a strategy underpinned by aggressive exploration and strategic growth, the Company is positioned to become a significant participant in the silver-gold sector.
Contact details:
Dr Adam McKinnon
Managing Director and CEO
Advance Metals Limited
+61 (0) 411 028 958
[email protected]
Jane Morgan
Jane Morgan Management
Investor & Media Relations Manager
[email protected]
