• Fully funded, high-impact diamond drilling program has commenced at the Yoquivo Silver-Gold project in Mexico
• Initial drilling will target lateral and depth extensions to the existing Foreign Estimate of 17.23Moz AgEq
• The program will also test multiple regional targets, including newly discovered veining with surface rock chip samples up to 1,594g/t AgEq

Advance Metals Ltd (ASX:AVM) is pleased to provide an update on exploration activities underway at its high-grade, 100% owned Yoquivo Silver-Gold Project in southwestern Chihuahua, Mexico. The Company's successful drilling program completed earlier this year intersected multiple zones of high grade silver-gold mineralisation in the Pertenencia area. In particular, intervals in multiple holes targeting the lower-central portion of the Pertenencia vein system confirmed the potential for significant future Resource extensions. A follow-up exploration program expected to comprise approximately 3,000m of drilling has now commenced at Yoquivo, with a diamond rig mobilised in the Pertenencia area. Initial drilling will target down-dip extensions to the existing Resources below previous high-grade intersections. The new Yoquivo drilling program will also test several high-priority regional targets west of Pertenencia, including multiple holes into newly identified high grade vein structures southeast of the Dolar Vein system, which returned peak grades of up to 1,594g/t AgEq in surface rock chip sampling. The Company is simultaneously relogging and assaying previously untested core from Pertenencia, with several thousand new samples currently pending assay results. Results from this resampling work, combined with Advance Metals' recent and upcoming drilling, will feed into an upgraded JORC Resource Estimate for Yoquivo, targeted for early 2026 as part of the Company's fully funded Mexican silver-gold growth strategy.

The new Yoquivo drilling program will target lateral and depth extensions to the existing Foreign Estimate and test multiple regional targets, including newly discovered high-grade veins. Results from this work, combined with resampling of historic core, will feed into an upgraded JORC Resource Estimate for Yoquivo in early 2026.