• Fully funded and expanded drilling program underway at Yoquivo Silver-Gold Project
• Continued high grade gold growth at the Myrtleford Gold project with deep drilling
• Strengthened leadership with appointment of Mexico-focused Advisory Board and experienced Non-Executive Chairman

Advance Metals (ASX: AVM) reported strong progress across its exploration portfolio during the December quarter. In Mexico, the company advanced high-impact exploration at the Yoquivo Silver-Gold Project, with a fully funded drilling program recommencing and targeting lateral and downdip extensions of the existing Foreign Estimate. Initial results from historic core resampling have confirmed significant upside, building on previous high-grade intercepts. In Australia, the company continued to deliver high-grade gold growth at the Myrtleford Gold project, with deep drilling extending mineralisation to over 500 metres vertically. The company also strengthened its leadership team, appointing a Mexico-focused Advisory Board and an experienced Non-Executive Chairman to enhance technical and governance capabilities. Advance Metals entered the quarter in a strong financial position, completing a $13 million institutional placement to fund its exploration programs. The company is well-positioned to deliver continued news flow and tangible progress towards its objective of building a leading exploration and resource growth company.

Advance enters the March 2026 quarter with multiple active drill programs and a clear pathway to near-term discovery and resource growth. Ongoing drilling at Yoquivo and Myrtleford, supported by strong funding and technical capability, positions the Company well to deliver continued news flow and tangible progress towards its objective of building a leading exploration and resource growth company.