AVM TO UNLOCK UNTESTED SILVER POTENTIAL AT YOQUIVO

• New sampling program to target unrecognised silver mineralisation
• Over 6,351 metres of unsampled core from previous drilling identified
• Sampling of priority core to be used to update geological model and JORC Resource

Advance Metals Limited is pleased to provide an update on ongoing project evaluation work at its 100%-owned Yoquivo Silver-Gold Project in southwestern Chihuahua, Mexico. The Company's recent drilling program at Yoquivo identified broad zones of moderate to high grade silver-gold mineralisation that did not correlate with the existing Foreign Estimate. In reviewing adjacent holes from previous programs, it was noted that in many cases the sampling in the corresponding positions was either highly patchy or completely absent. A full assessment has identified 6,351 metres of unsampled core, representing more than 50% of the total drilling in the Pertenencia area. Advance Metals has now commenced sampling of the highest-potential unassayed core, with the initial program targeting approximately 3,500 metres. Results from this sampling program are expected in October 2025 and will be used together with the recent diamond drilling results to update the geological model at Yoquivo, which is then expected to feed into a subsequent JORC Resource for the project.