Advance Metals Further Bolsters Leadership Team with Mining Veteran David O’Connor

Advance Metals (ASX: AVM) continues to add significant experience to its leadership team as it accelerates development of its high-grade Mexican gold and silver projects.

Highly-regarded mining veteran David O’Connor is the latest senior appointment, bringing more than 40 years of experience to the role of non-executive chair.

Advance announced the initial appointments of Douglas Coleman and Trevor Woolfe to a newly created specialist advisory board earlier this week.

Strong Mining Background

Mr O’Connor has a distinguished record of pulling together high-quality mineral projects across multiple jurisdictions, having founded or co-founded five publicly listed companies around projects in South America, and successfully managed the merger of three of these entities.

Over the past seven years, he has overseen the establishment and growth of AbraSilver Resources into the developer of a project with a resource of 350 million ounces silver equivalent and significant ongoing growth potential.

Mr O’Connor is currently the chief geologist AbraSilver, which has a market capitalisation above $1 billion and major shareholders such as Eric Sprott and Kinross Gold Corporation.

He joins Mr Coleman and Mr Woolfe, who together have more than 70 years of industry expertise and significant Latin American mining experience, to help drive Advance’s high-grade silver strategy in Mexico.

Doubling the Resource

Earlier this month, the company’s board approved the immediate commencement of new exploration programs in Mexico aimed at doubling the current resource, which Advance estimates at more than 100Moz silver-equivalent.

The exploration programs at its three high-grade silver gold projects –Yoquivo, Guadalupe y Calvo, and Gavilanes – will feature the use of state-of-the-art technology such as high-resolution airborne surveys to build on its understanding of the local topography, geological structure, and historical workings.

Advance is also preparing return to Yoquivo next month with diamond drilling to test extensional targets at Pertenencia and new areas further west in the Esparanza and Dolar areas.