Advance Metals (ASX: AVM) has received an early bonus with numerous high-grade silver hits in sampling of historical core from its Yoquivo project in Mexico, where the company intersected broad zones of mineralisation in its maiden drilling campaign earlier this year.
Advance had previously identified some 6,300 metres of unsampled core from historical drilling at Yoquivo’s Pertenencia structure, which equates to more than 50% of the previous drilling completed at the site.
Testing of the first 11 holes from this core has identified high-grade silver hits of 370 grams per tonne silver, as well as 6.2g/t gold.
Testing Programs Ongoing
Advance is continuing its relogging and sampling programs of all missing samples from key areas of Yoquivo before expanding to other mineralised structures, and is now awaiting assay results for multiple batches from the deposit.
The company will use the new sampling, along with the recent drilling results, to update its geological model at Yoquivo, and for the upgrade to a JORC resource it expects to commence in the first quarter of 2026.
Advance’s site preparations for its next round of drilling at Yoquivo are well underway with the arrival of a diamond rig imminent.
Mexican Metals Portfolio
Yoquivo is part of Advance's three-pronged Mexican high-grade precious metals portfolio, with the company recently adding the significant Guadalupe y Calvo and Gavilanes silver projects to its asset base.
“The initial assay results from previously unassayed core at Yoquivo are exactly what we hoped for," managing director Dr Adam McKinnon said.
"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.”
