Advance Metals Says Diamond Drilling Result at Mexico Silver-Gold Project Extends Mineralization System at Depth, Shares Rise 14%

MT Newswires Live

Jan 14

Advance Metals (ASX:AVM) said results from diamond drilling at its Yoquivo silver-gold project in Mexico extended the mineralization system at depth, according to a Wednesday Australian bourse filing.

It encountered intercepts of 2.05 meters at 512 grams per tonne grade of silver-equivalent, including 325 g/t grade of silver and 1 g/t grade of gold from 138 meters, as well as 14.1 meters at 320 g/t grade of silver-equivalent, including 167 g/t grade of silver and 2 g/t grade of gold from 309.9 meters.

The firm's shares rose 14% in recent trading on Wednesday.

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