Advance Metals Limited (ASX: AVM) has announced strong assay results from the company’s ongoing core resampling program at the Yoquivo Silver-Gold Project in Chihuahua, Mexico, confirming high-grade mineralisation in previously unassayed historic drill core.
The initial batch of assays, collected from 11 drill holes across the southern portion of the Pertenencia structure, returned grades of up to 370 grams per tonne (g/t) silver and 6.2 g/t gold.
The results confirm significant untested potential in the unassayed core representing more than half of the project’s historical drilling inventory.
Notable intersections from this first phase include 2.05 metres at 480 g/t silver equivalent (AgEq) from 135.15 metres, including 1.1 metres at 848 g/t AgEq in hole YQ-22-025.
A second standout interval was recorded in hole YQ-22-003, which returned 4.45 metres at 115 g/t AgEq from 119.2 metres, including 0.95 metres at 249 g/t AgEq.
Multiple additional batches of core from the central and northern sections of the Pertenencia vein system are currently in the assay laboratory, with relogging and resampling continuing as part of Advance’s broader exploration strategy.
These upcoming results are expected to contribute directly to an updated geological model and support an upgraded JORC-compliant Mineral Resource estimate scheduled to commence in early 2026.
Managing Director Dr Adam McKinnon said the results confirm the company’s confidence in the remaining potential of the Yoquivo system.
“The initial assay results from previously unassayed core at Yoquivo are exactly what we hoped for,” said McKinnon.
“The selective legacy sampling by previous explorers has left lots of value behind for us to unlock.”
“The high-grade silver and gold mineralisation encountered in this first batch from the southern part of Pertenencia represent only a tiny portion of the material we are planning to re-log and sample, and I’m very much looking forward to what else might be present in these samples.”
Advance has identified over 6,300 metres of unsampled historic core within the Pertenencia vein system alone.
The company’s current resampling program is designed to systematically test this unexamined material and evaluate its potential to define new high-grade zones while extending mineralisation within existing structures.
The early results not only indicate strong upside potential within Yoquivo’s extensive epithermal system but also reinforce the project’s position as a key asset in Advance’s global portfolio.
In combination with recent diamond drilling outcomes, the new assay data will underpin the next phase of geological modelling and resource expansion.
Field preparations are also advancing for the project’s next drilling campaign, with a diamond rig scheduled to mobilise to the site shortly.
The upcoming drilling phase will target the newly identified high-grade zones as well as test additional structural extensions highlighted by the resampling data.
Located within the prolific Sierra Madre Occidental volcanic belt — one of the world’s most productive precious metals regions — the Yoquivo Project continues to demonstrate extensive silver-gold mineralisation across multiple vein systems.
With the combination of strong recent results, active resampling, and an imminent drilling campaign, Advance is positioning Yoquivo as a core growth driver in its ongoing exploration and development strategy.
