Broad Silver Intervals Confirm Yoquivo Resource Potential

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Stock Advance Metals Ltd (AVM.ASX)
Release Time 5 Mar 2026, 8:25 a.m.
Price Sensitive Yes
 Broad Silver-Gold Intersections Confirm Resource Upside Potential at Yoquivo
Key Points
  • Scissor hole YQ-26-018 returned 67.88m at 134g/t AgEq - 68g/t Ag & 0.9g/t Au, confirming scale and continuity of mineralization
  • Drilling expanded the Esperanza Prospect, doubling the strike extent of known silver-gold mineralization
  • Encouraging high-grade mineralization intersected at the San Francisco Prospect
Full Summary

Advance Metals reported further strong drilling results from its 100%-owned Yoquivo Silver-Gold Project in southwestern Chihuahua, Mexico. The latest results highlight broad high-grade intersections, confirming the scale and continuity in the central Pertnencia zone ahead of an updated JORC Mineral Resource Estimate expected next month. Recent drilling continues to support a potential transition at Yoquivo from an exclusively narrow-vein underground opportunity toward a scalable development scenario potentially incorporating both underground and bulk tonnage open-pit mineralization. Hole YQ-26-018 returned 67.88m at 134g/t AgEq - 68g/t Ag & 0.9g/t Au from 305.9m, including 23.89m at 257g/t AgEq - 123g/t Ag & 1.7g/t Au from 346.9m. This scissor hole was drilled in the opposite direction to previous holes, confirming the scale and continuity of mineralization in multiple directions. Drilling also significantly expanded the Esperanza Prospect, doubling the strike extent of known silver-gold mineralization, with results including 10.4m at 102g/t AgEq - 69g/t Ag & 0.4g/t Au from 120.6m. Encouraging high-grade mineralization was also intersected at the San Francisco Prospect. Drilling is ongoing at Yoquivo, with an updated JORC Mineral Resource Estimate expected within the next month.

Outlook

Advance Metals expects an updated JORC Mineral Resource Estimate for Yoquivo within the next month, with assessment of bulk tonnage open-pittable resource potential in addition to high-grade underground resource potential planned.