Advance Metals Unearths New High-Grade Silver Zone at Yoquivo Project

Advance Metals (ASX: AVM) is off to a positive start in its program to increase resource numbers across its Mexican silver portfolio, with the identification of a new high-grade zone at the company’s Yoquivo project.

The results are part of an initial regional campaign Advance recently conducted at Yoquivo, with a peak grade from 21 rock-chip samples of 1,594 grams per tonne silver equivalent, along with other returns of 91g/t, 69g/t, and 60g/t.

Advance is now planning further mapping and sampling work to identify potential high priority targets, while the company’s technical team is also on the hunt for unmapped silver-gold mineralisation in other portions of the project area.

Encouraging Veining Sighted

Advance began the sampling program after the company’s geologists noted encouraging veining, alteration and minor workings during recent reconnaissance programs it was carrying out at Yoquivo.

While shallow cover partially obscures the outcrop in this area, Advance identified various styles of veining at surface, with the main area comprising stock work zones of up to four metres width, and elevated silver and gold grades across multiple contiguous samples.

The areas Advance intends to follow up sit in a previously unmapped area to the southeast of the project’s Dolar vein system.

Pertenencia Zone Progress

The company is also making significant progress in its effort to unlock silver-gold upside at Yoquivo’s Pertenencia zone.

A full assessment of diamond holes in the area identified 6,351m of unsampled core, representing more than 50% of the total drilling to this point.

The company has already cut and sampled more than 3,500 metres of the highest potential unassayed core, with results due in late October.

Along with the recent diamond drilling results, Advance will use the data from this program to support the company’s proposed JORC-compliant upgrade at Yoquivo.