• An extensive program testing the potential of previously unassayed historic core has been undertaken, with ~5,000m of sampling completed
• Assay results for 3,516m of the previously unsampled core have now been received, with at least 519m having elevated silver and/or gold (>4g/t AgEq)
• The new sampling has seen exceptionally broad intersections emerging from the existing drilling in the central portion of the deposit

Advance Metals Ltd (ASX:AVM) has reported further strong results from its ongoing historic core sampling program at the Yoquivo Silver-Gold Project in southwestern Chihuahua, Mexico. The company has undertaken an extensive program testing the potential of previously unassayed historic core, with around 5,000m of sampling completed. Assay results have been received for 3,516m of this previously unsampled core, with 519m (17%) having elevated silver and/or gold values of at least 4g/t AgEq. This testing has also seen additional high grade intervals of greater than 100g/t AgEq returned from 13 separate holes. In combination with the original assays, the new sampling has highlighted exceptionally broad intersections of contiguous, moderate-grade mineralisation emerging from the existing drilling in the central portion of the deposit, including 144m at 93g/t AgEq, 66.45m at 83g/t AgEq, and 83.3m at 69g/t AgEq. The company's technical team now believes the Pertenencia area could have potential as a higher tonnage/bulk mining deposit, and the upcoming JORC resource upgrade will examine a range of cutoff grade scenarios. Diamond drilling is presently ongoing at Yoquivo, with assays for multiple holes at Pertenencia and in the broader region currently pending.

The company's exploration team will investigate the potential for bulk tonnage open pittable resources in addition to high grade underground resources as part of the upcoming JORC upgrade. Regional exploration and resource expansion drilling is continuing at Yoquivo, with results currently pending for multiple holes.