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Highlights
- AVM reports multiple silver-gold mineralised zones across three diamond drill holes at Yoquivo
- Advance Metals identifies broader intersections not reflected in earlier Foreign Estimate footprint
- AVM awaits assay results from three holes; final drill hole underway at northern Pertenencia
Advance Metals Limited (ASX:AVM), an Australia-based mineral exploration company, has released new assay results from its maiden diamond drilling program at the Yoquivo Silver-Gold Project, located in southwestern Chihuahua, Mexico. The project is focused on exploring and defining silver-gold mineralisation across a known epithermal system. The company is conducting an approximately 3,000-metre diamond drilling campaign targeting extensions and new zones around the project's Foreign Estimate.
According to the company, the Yoquivo Project currently hosts a Foreign Estimate of 937,000 tonnes grading 570 g/t silver equivalent (AgEq), totalling 17.23 million ounces of AgEq. This estimate is not compliant with JORC or NI 43-101 standards and is used for general guidance.
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