What's Happening?
Advance Metals Limited has reported strong assay results from its core resampling program at the Yoquivo Silver-Gold Project in Chihuahua, Mexico. The results confirm high-grade mineralization in previously unassayed historic drill core, with grades reaching
up to 370 g/t silver and 6.2 g/t gold. The program aims to evaluate over 6,300 meters of unsampled historic core within the Pertenencia vein system, with the goal of unlocking additional high-grade zones and extending known mineralization. The results will contribute to an updated geological model and support a JORC Resource upgrade expected to commence in early 2026.
Why It's Important?
The confirmation of high-grade silver and gold mineralization at the Yoquivo Project is significant for Advance Metals as it enhances the project's value and potential for future development. The findings could lead to increased investment and interest in the project, potentially boosting the company's portfolio and market position. The mineralization results also underscore the importance of re-evaluating historic drill cores, which may contain untapped resources that can significantly impact the company's growth and resource estimates.
What's Next?
Advance Metals plans to continue relogging and sampling additional batches of core from the central and northern portions of the Pertenencia structure. The company is preparing for the next phase of drilling, with a diamond rig scheduled to mobilize to the site shortly. These efforts aim to further explore new targets and expand the known mineralization, supporting the upcoming JORC-compliant Mineral Resource update.
Beyond the Headlines
The Yoquivo Silver-Gold Project is located in the Sierra Madre Occidental volcanic belt, a region known for its high-grade epithermal systems. The project's success could have broader implications for the mining industry, highlighting the potential of historic drill cores and the importance of thorough exploration and evaluation in uncovering valuable mineral resources.
