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Advance Metals Limited (ASX:AVM)

ALERT: Price-sensitive ASX Announcement for AVM
Current share price for AVM : $0.066 -0.074 (-52.86%)+
Announcement
Release
14 Jan 2026 8:27AM
Price at Release
$0.140
Full Release
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Summary
Advance Metals Limited (ASX:AVM) announced exceptional results from its diamond drilling campaign at the Yoquivo Silver-Gold Project in Chihuahua, Mexico. The drilling aimed to extend the high-grade mineralisation at depth, confirming continuity with assay results reaching up to 2,780g/t silver and 38.6g/t gold. This campaign has significantly increased the potential for resource expansion, as the mineralisation remains open at depth. Further, an extensive historic core sampling program is nearing completion, which will contribute to an updated JORC Resource Estimate expected in early 2026. The company has also resumed drilling on other regional targets following a brief hiatus.
Key Points
  • Exceptional results from diamond drilling at Yoquivo Project.
  • Assay results up to 2,780g/t silver and 38.6g/t gold.
  • High-grade mineralisation confirmed at depth and remains open.
  • Historic core sampling program nearing completion.
  • Updated JORC Resource Estimate expected in early 2026.
  • Drilling resumed at other regional targets following a hiatus.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.