21-05-2025
Advance hits stride with maiden silver assessment in Chihuahua, Mexico
Advance Metals is hitting its stride with maiden drill testing of its high-grade Yoquivo silver project in southwestern Chihuahua, Mexico. The company says its first diamond drill hole is complete with hole two underway.
The company says its ambitious 3000m program is targeting high-grade epithermal vein stacks in one of Mexico's most promising silver-gold districts.
Advance's first hole pierced to depths of 450 meters at the Yoquivo with the campaign focused on its high-grade Pertenencia prospect, which already hosts the project's non-JORC foreign estimate of 937,000 tonnes at serious 570 grams per tonne (g/t) silver-equivalent (AgEq) for 17.23 million ounces AgEq.
The existing non-compliant resource was defined by over 16,500m of historical drilling, with the company focussed on upgrading that resource to a JORC compliant rating following this 3000m.
The program is currently targeting extensions to known high-grade zones with all holes designed to strategically intersect up to four modeled epithermal veins, that host the high-grade silver mineralisation.
'The coming months should be very exciting as we look to expand the already impressive endowment of silver and gold at the site.'
Advance Metals managing director Dr Adam McKinnon
First assays are expected in the second half of June, as the company eagerly awaits its first inspection of the newly acquired Central American project.
Advance Metals managing director Dr Adam McKinnon said: 'This milestone means we are now moving ever closer to seeing our first high grade silver-gold assays returned from the project. Given that the full program will see up to 3,000 metres of drilling completed at Yoquivo, the coming months should be very exciting as we look to expand the already impressive endowment of silver and gold at the site.'
Epithermal vein systems, like those at Yoquivo, host some of the highest grade silver deposits globally for precious metals pundits. Formed near the Earth's surface in volcanic settings, these systems channel hot, mineral-rich fluids through cracks in the crust, depositing high-grade silver and gold in concentrated zones.
