Yoquivo Project Enhances Resource Prospects
SYDNEY — Advance Metals Limited (ASX: AVM) has announced significant high-grade silver and gold results from their Yoquivo Project in Chihuahua, Mexico, marking a pivotal step towards the project’s resource upgrade. The company revealed that recent drilling has uncovered substantial mineralisation in several zones, including a notable intercept of 48.4 meters at 148g/t AgEq.
The results, part of the final phase of resource extension drilling, have bolstered confidence in the upcoming maiden JORC-compliant Mineral Resource Estimate (MRE). According to Advance Metals, hole YQ-26-020 showed mineralisation extending over 230 meters downhole, with sections reaching up to 1,000g/t AgEq, underscoring the project’s potential for resource growth.
Drilling Highlights and Future Plans
Advance Metals’ CEO, Dr. Adam McKinnon, highlighted the importance of the findings, stating, “These final holes provide further evidence of the continuity, grade, and growth potential within the Pertenencia area.” He added that the results from YQ-26-021, which intercepted 9.4 meters at 633g/t AgEq, demonstrate the system’s strength in less explored areas.
This announcement follows a trend of increasing interest in high-grade silver and gold projects, particularly within the Sierra Madre Occidental volcanic belt known for its extensive epithermal vein systems. The company is now focused on delivering the maiden Yoquivo Mineral Resource Estimate and exploring further growth opportunities.
Advance Metals is also set to commence exploration programmes at the Gavilanes Project, aiming to capitalise on their strategic position in the silver-gold sector. The Gavilanes Project, located in a region with a rich history of mining, offers promising potential for new discoveries. The exploration team is preparing to conduct detailed geological mapping and geophysical surveys to identify new drilling targets. This strategic initiative is expected to enhance the company’s portfolio and provide additional value to shareholders.
Advance Metals is committed to sustainable mining practices and community engagement, ensuring that their projects benefit not only the company but also the local communities. By aligning their exploration and development efforts with environmental and social governance (ESG) principles, the company aims to create long-term positive impacts. This comprehensive approach to mining projects highlights Advance Metals’ dedication to responsible resource development and positions them as a leader in the industry.
Source: newshub.medianet.com.au
Last updated: 4 April 2026, 6:39 pm
