Advance Metals Limited Uncovers High-Grade, Broad Silver-Gold Intersections at Yoquivo Project, Bolstering Future Value Prospects

Monday, July 7, 2025
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8:21 am
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Advance Metals Limited’s maiden drilling at the Yoquivo Silver-Gold Project in Mexico has unveiled robust, high-grade intersections. The results suggest broader mineralized zones, fueling optimism for expanded resource growth and potential future value for investors.

Advance Metals Limited has reported further encouraging results from its maiden diamond drilling campaign at the Yoquivo Silver-Gold Project in southwestern Chihuahua, Mexico. The company is executing a roughly 3,000‑metre drill program focused on the Pertenencia area, where a previously defined high-grade silver equivalent estimate of 937,000 tonnes at 570 g/t AgEq suggests potential for about 17.23 million ounces of silver equivalent. The latest assay results from holes YQ-25-002, YQ-25-003, and YQ-25-004 confirm the presence of extensive silver-gold mineralisation beyond the narrow foreign estimate footprint established by earlier work. In drill hole YQ-25-002, the company encountered multiple significant intervals including a 23.83‑metre section averaging 85 g/t AgEq, with several shorter sections reaching grades as high as 203 g/t AgEq, reflecting a broad and continuous zone of mineralisation. Hole YQ-25-003 revealed a broad intercept beginning roughly 30 metres below the surface with an interval of 17.5 metres averaging 111 g/t AgEq, punctuated by narrower, high-grade zones with intercepts reaching up to nearly 2,000 g/t AgEq. In contrast, hole YQ-25-004 returned narrower zones, yet still notable for their grades. Assays for additional holes are pending while drilling continues on the final hole, YQ-25-008, at the northern end of the project area. Managing Director Dr Adam McKinnon highlighted the upside potential of the Yoquivo project, noting that the broader intersections observed may represent a significantly larger volume of high-grade mineralisation than previously estimated. The team has also identified unassayed historic core that could further demonstrate the true extent of these mineralised zones, with plans underway for re-logging and additional sampling. Concurrently, exploration continues at the company’s Myrtleford Project in Victoria, underlining a period of dynamic activity for Advance Metals Limited. The technical figures, such as the calculated silver equivalents based on current market prices and recovery assumptions, underscore the quality of the results. However, these figures are based on a “Foreign Estimate” and have not yet been classified under JORC standards, which introduces an element of uncertainty to the resource potential. For beginner traders, this means that while the technical indicators and impressive intercepts provide a bullish signal regarding the project’s exploration upside, investors should also be mindful of the inherent risks associated with early-stage resource evaluations and the forward‑looking nature of these statements. Bullish sentiment is driven by the robust, multi-zone silver and gold intersections, the potential extension of the mineralised footprint beyond current estimates, and the proactive approach by the company in reassessing historic core material. Meanwhile, bearish considerations include the fact that the current estimates remain unclassified under industry standards, pending assay results for several holes, and the typical uncertainties associated with early exploration activity. Overall, the news points to a promising yet cautiously optimistic outlook as Advance Metals Limited continues its exploration efforts at Yoquivo.

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