Broad drill hits expand Advance Metals Mexican silver-gold footprint
The company's first probe with the drill rig is chasing high-grade epithermal vein stacks in the heart of the Sierra Madre Occidental Belt, which is one of Mexico's most promising silver-gold districts.
A single drill hole has intersected a stacked series of mineralised zones, including a thick 23.8 metres averaging 85 grams per tonne (g/t) silver equivalent from 100m, followed by a 16.4m hit at 104g/t silver equivalent from 133m and 21.2m at 55g/t silver equivalent from 162.9m.
Encouragingly, a second hole pierced a shallow broad zone of mineralisation from 30m below the surface, pulling up 17.5m at 111g/t silver equivalent. Deeper down, the same hole hit 1.3m at an impressive 516g/t silver equivalent from 224.2m, 6m averaging 176g/t silver equivalent from 285m and an additional 2.2m at 285g/t from 324.7m.
The broad zones of mineralisation extend beyond the current defined envelope at Pertenencia, underscoring its strong potential for resource expansion. Geological remodelling is underway as the company targets a maiden JORC-compliant mineral resource estimate.
'These new results show the incredible upside potential of the project.'
Advance Metals managing director Dr Adam McKinnon
The latest haul follows Advance's first pass results that delivered stunning silver-gold intercepts, including a 3.5m hit grading 249g/t silver equivalent, a bonanza 4.42m at 676g/t and a thick 40.57m averaging 105g/t silver equivalent.
The company is now drilling a final hole in the 3000m program at the northern end of Pertenencia.
The campaign has zeroed in on the high-grade prospect, home to Yoquivo's impressive non-JORC foreign estimate of 937,000 tonnes at a hefty 570g/t silver equivalent for a total of 17.23 million ounces silver equivalent.
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