Advance hits stride with maiden silver assessment in Chihuahua, Mexico
Mexico, the world's leading silver producer, is renowned for such deposits, with Chihuahua hosting some of the country's richest mines.
With assay results looming, the coming months could deliver high-grade intercepts that build on previous stunning hits, such as a 6.2m hit at a massive 2404g/t silver and 17.2g/t gold, or 1.2m at 1895g/t silver and 34g/t gold.
Advance says that Yoquivo's appeal lies in its multiple parallel vein systems, offering several advantages for exploration, including multiple targets per hole, high hit rate and quick growth potential from extensions.
Yoquivo's grade places it attractively among undeveloped silver projects in the popular mining jurisdiction. Converted to gold equivalent, it currently equates to an impressive 5.7–7.6g/t gold equivalent, a stonking grade considering the attractive 85 per cent recovery rates suggested from historic metallurgy.
Advance also has two exciting projects in Victoria, the Myrtleford and Beaufort gold projects. Both are within the historical Victorian goldfields, known for producing more than 80M ounces of gold during its hay day.
As silver and gold prices continue their upward trajectory in 2025, Advance Metals is well-positioned to capitalise in two of the worlds emerging hot districts. Risks always follow first pass testing of any new projects but if Yoquivo can throw up similar numbers to its Victorian project, rocking an extraordinary 11.5m at 160.4g/t gold, the company could be onto a pair of high-grade hidden gems.
Is your ASX-listed company doing something interesting? Contact: mattbirney@bullsnbears.com.au
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