Advance Metals Limited has announced a significant step forward at its Myrtleford Project in Australia’s Victorian Goldfields. Recent regulatory approvals now pave the way for the recommencement of diamond drilling across three sites along the high grade Happy Valley Trend. The company is set to mobilise its drilling contractor within the next seven to ten days as it prepares to launch an expanded ten-hole follow-up program targeting the extension of known high grade gold mineralisation. This new drilling initiative follows impressive results from earlier holes, including intervals of 8.2 metres at 22.4 g/t Au in one hole, 2.9 metres at 6.7 g/t Au in another, 7.5 metres at 47.9 g/t Au, and 1.1 metres at 18.2 g/t Au, which demonstrate the project’s potential for high grade discoveries. In addition to targets along the Happy Valley Prospect, the program will extend drilling over a six-kilometre stretch along the broader Happy Valley Trend. Maiden diamond holes are scheduled for the historical workings at Sheard’s Reef, about 1.5 kilometres to the west-northwest, and at Queen of the Hills, located roughly 4.5 kilometres to the east-southeast. These efforts aim to delineate extensions to the existing mineralisation both vertically and laterally. Concurrently, Advance Metals has initiated its maiden drilling campaign at the Yoquivo Silver-Gold Project in Chihuahua, Mexico, marking an ambitious period of exploration for the company. The company’s recent binding agreement with Serra Energy Metals Corp to secure an 80% joint venture interest in the Myrtleford and Beaufort Gold Projects adds further depth to its exploration portfolio. Pending assay results from additional holes are expected by mid-June, which could provide additional validation of the high grade prospect potential at the Myrtleford Project. Bullish sentiment may be derived from the swift regulatory approvals, the robust results from previous drilling (including notably high gold grades), and the strategic joint venture that spreads risk while broadening project exposure. These factors present an opportunity for investors seeking exposure to quality exploration ventures with promising mineral prospects. Conversely, bearish sentiment could arise from the inherent risks associated with early-stage exploration, pending assay results that could potentially temper enthusiasm, as well as the uncertainties linked to forward-looking statements and the operational challenges of simultaneous projects in diverse geographies. Investors are advised to weigh these elements carefully when evaluating the potential impact on the company’s short-term performance.