Advance Metals Announces High Grade Silver Intersection at Gavilanes
Key points
- First drill hole at Gavilanes intersects 33.9m at 220g/t Ag, including 6.2m at 718g/t Ag
- Drilling targets extensions to high-grade silver system
- Assays pending for second hole, with third hole in progress
Full summary
Advance Metals Limited has reported significant high-grade silver intersections from the first diamond drill hole at its Gavilanes Silver Project in Mexico. Hole GV-26-001 returned 33.9 metres at 220g/t Ag, including a higher-grade interval of 6.2 metres at 718g/t Ag. The drilling program aims to expand the known high-grade silver system. Assays are pending for the second hole, GV-26-002, while a third hole is currently in progress. The company plans to incorporate the new data into an updated geological model and support a JORC Mineral Resource upgrade targeted for early Q4 CY2026.
Outlook
The company expects the ongoing drilling program to support a planned JORC Mineral Resource upgrade for the Gavilanes Project.
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