Strong Ag-Au-Cu Results from Third Gavilanes Drill Hole
| Stock | Advance Metals Ltd (AVM.ASX) |
|---|---|
| Release Time | 14 Jul 2026, 8:47 a.m. |
| Price Sensitive | Yes |
Advance Metals Announces High-Grade Silver-Gold-Copper Results at Gavilanes
- Gavilanes drill hole GV-26-003 intersects high-grade silver zones
- Broad polymetallic zone with significant silver, gold, and copper
- Mineralisation remains open along strike and at depth
- Results strengthen potential for a large-scale polymetallic system
- Drilling to continue with further holes planned
Advance Metals Limited has reported strong results from the third drill hole at its Gavilanes Silver Project in Mexico. Drill hole GV-26-003 intersected two shallow high-grade silver zones and a broad polymetallic zone containing silver, gold, copper, lead, and zinc. The lower polymetallic zone remains open at depth and along strike, suggesting the potential for a significant polymetallic system. The results are consistent with a multi-stage mineralising system and geological similarities to the nearby San Dimas district. Advance Metals plans to continue drilling to further test and expand the mineralised system, with a JORC Mineral Resource upgrade targeted for Q4 CY2026.
Advance Metals plans a JORC Mineral Resource upgrade for Q4 CY2026.
The company is optimistic about the potential for a significant polymetallic system at Gavilanes and plans further drilling to expand the mineralised system.