Yoquivo Drill Hole YQ-25-009 Returns Peak 2,780g/t Silver and 38.6g/t Gold Assays

Exceptional Drill Results Confirm Depth Continuity

Advance Metals Limited (ASX – AVM) has unveiled remarkable assay results from its ongoing diamond drilling program at the Yoquivo Silver-Gold Project in Chihuahua, Mexico. The standout hole, YQ-25-009, delivered some of the highest grades recorded at the project, with silver assays reaching 2,780 grams per tonne and gold up to 38.6 grams per tonne. These results not only confirm the continuity of high-grade mineralisation at depth but also extend it by an additional 70 to 80 metres down-dip in the central Pertenencia area.

Strategic Drilling and Historic Core Sampling Drive Resource Growth

The current drilling campaign is designed to test extensions of known mineralisation and explore new targets west of the main deposit. Alongside the new drilling, Advance Metals is nearing completion of an extensive program sampling over 4,500 metres of previously unassayed historic diamond core. This combined data set is expected to underpin a significantly enhanced geological model and feed into an updated JORC-compliant resource estimate scheduled for release in early 2026.

Robust Silver-Gold System with Significant Upside

Managing Director Dr Adam McKinnon described the results as "outstanding by any global standard," highlighting the combination of high grades, substantial widths, and emerging down-dip continuity. The mineralisation remains open at depth, suggesting considerable upside potential. With assays pending from multiple additional drill holes and ongoing exploration activities, the company is well-positioned to expand its resource base further.

Project Ownership and Operational Context

Yoquivo is wholly owned by Advance Metals through its Mexican subsidiary and benefits from secure tenure with multiple mining concessions valid through the 2050s. The project’s location within the Sierra Madre Occidental volcanic belt hosts epithermal silver-gold quartz veins, which have been historically explored by Golden Minerals and other parties. Advance Metals’ systematic approach and fully funded exploration strategy underscore its commitment to unlocking Yoquivo’s full potential.

Looking Ahead

As drilling continues and further assay results are awaited, the market will be watching closely for the updated resource estimate. The combination of exceptional grades and expanding mineralisation depth positions Yoquivo as a compelling asset in the silver-gold exploration space.