• Advance commenced sampling program to examine potential upside in unassayed core from historic drilling at Yoquivo
• First batch of results confirmed high-grade silver and gold mineralisation, with grades up to 370g/t Ag and 6.2g/t Au
• Multiple additional batches of previously untested core awaiting assay results

Advance Metals Limited (ASX:AVM) is pleased to provide positive initial results from the sampling of previously untested core at the high-grade Yoquivo Silver-Gold Project in southwestern Chihuahua, Mexico. The Company recently commenced a sampling program to evaluate any upside potential from this unsampled core, with the first batch of assays recently received. The initial batch of samples represents a preliminary assessment of the untested potential of this material, comprising a total of 222.7 metres of core from historic drilling in the southernmost portion of the Pertenencia structure. The presence of previously unrealised high-grade silver and gold mineralisation has now been confirmed, with multiple holes returning elevated grades of up to 370g/t Ag and 6.2g/t Au. Significant new intersections include 2.05 metres at 480g/t AgEq in hole YQ-22-025, and 4.45 metres at 115g/t AgEq in hole YQ-22-003. Multiple additional batches of previously untested core are currently awaiting assay results, with Advance's technical team continuing relogging and sampling efforts. Combined with the results from Advance's latest drilling, the new sampling will be used to update the geological model at Yoquivo and feed into an upgraded JORC Resource, expected to commence in the first quarter of 2026.

The sampling program is ongoing, with the Advance's technical team expecting to target all missing samples from key areas of the deposit before expanding to other mineralised structures at Yoquivo. The new sampling will be used to update the geological model at Yoquivo and feed into a subsequent upgrade to a JORC Resource.