Advance Metals Discovers 1,594 g/t Silver-Gold at Yoquivo Project

Advance Metals Discovers High-Grade Silver-Gold Zone at Yoquivo Project

Advance Metals Limited has uncovered a significant new mineralised area at its 100%-owned Yoquivo Silver-Gold Project in southwestern Chihuahua, Mexico, with rock chip samples revealing impressive grades of up to 1,594 g/t AgEq in previously unexplored terrain.

New Discovery Area Shows Exceptional Silver-Gold Potential

Initial regional exploration at Yoquivo has identified high-grade vein structures in a previously unmapped portion of the project, located southeast of the Dolar Vein system. Surface sampling produced remarkable results, with the best sample returning 20.4 g/t gold and 30 g/t silver (1,594 g/t AgEq).

This newly discovered mineralisation is associated with quartz veining in stockwork zones up to four meters wide, with elevated silver and gold grades distributed across multiple contiguous samples. Notable highlights include:

Although much of this promising area remains under shallow cover, minor historic workings and adits are associated with some of the veins, suggesting previous small-scale mining activity. Notably, the highest-grade sample was collected from a quartz vein located immediately above a small historic adit.

What makes this discovery particularly significant is that the area has never been drilled before, with the nearest drill collars located nearly a kilometre away on the Dolar structure.

"The latest regional surface sampling confirms the considerable exploration upside that exists at Yoquivo beyond the main Pertenencia area. Finding such high-grade mineralisation in a previously unexplored portion of the project is extremely encouraging and speaks to the quality of the mineral system," said Dr Adam McKinnon, Managing Director and CEO of Advance Metals.

Unlocking Additional Value from Previous Drilling

In parallel with this new discovery, Advance Metals is making substantial progress in its comprehensive core sampling program at the Pertenencia area of Yoquivo. The company identified 6,351 meters of unsampled core from previous drilling campaigns—representing more than 50% of the total drilling in the area.

This unsampled core potentially contains significant unrecognised silver mineralisation. The company has already cut and sampled over 3,500 meters, with assay results expected in late October 2025. These results, combined with recent diamond drilling data, will be used to update the geological model at Yoquivo and support the development of a JORC-compliant resource.

Understanding Epithermal Silver-Gold Deposits

The Yoquivo Project is located within Mexico's Sierra Madre Occidental volcanic belt, hosting epithermal quartz veins across four principal vein systems (Esperanza, Dolar, San Francisco, and Pertenencia).

Epithermal deposits form relatively close to the earth's surface, typically within 1-2 kilometres, where hot fluids from magmatic activity deposit minerals in fractures and faults. These systems are characterised by distinct textures such as the colloform quartz veining observed at Yoquivo.

Epithermal veins generally form in specific geological environments where:

1. Heat source: Usually a magmatic intrusion at depth
2. Fluid pathways: Faults and fractures that allow mineral-bearing fluids to move upward
3. Precipitation mechanisms: Changes in pressure, temperature, or chemistry that cause metals to precipitate out of solution

The textures seen in the rock samples at Yoquivo, particularly colloform and crustiform banding, are typical features of low-sulphidation epithermal systems. These textures indicate mineral deposition in open spaces through boiling of hydrothermal fluids, often associated with high precious metal grades.

In epithermal systems, gold and silver typically occur in specific zones related to the depth and temperature of mineralisation. The highest grades are often found in what's known as the "boiling zone" where pressure release causes metals to precipitate rapidly.

For investors, epithermal systems are particularly attractive because they often host high-grade precious metals in well-defined structures that can be efficiently mined. The colloform and crustiform banding seen in the Yoquivo samples is typically associated with the boiling zone of epithermal systems, where the highest precious metal grades are often found.

Future Exploration Plans and Timeline

Given the impressive grades encountered in the initial sampling program, Advance Metals has outlined a clear path forward:

1. Additional mapping and sampling – Further work in the newly discovered area to identify high-priority targets
2. Continued core sampling program – Complete the sampling of previously unassayed core with results expected in late October 2025
3. Updated geological model – Integration of all new data into a comprehensive model of the Yoquivo project
4. JORC Resource estimation – Development of a resource statement compliant with JORC standards

These milestones represent significant potential catalysts for Advance Metals in the coming months.

Investment Case for Advance Metals

Advance Metals presents a compelling investment case based on several key factors:

1. High-grade discovery potential – The latest results demonstrate the project's ability to host exceptionally high-grade silver and gold mineralisation
2. Unexplored territory – The newly identified mineralised area has never been drilled, offering substantial exploration upside
3. Value from historical work – The initiative to sample previously unassayed core provides a cost-effective way to potentially add significant resources
4. Strategic location – The Yoquivo Project is situated in the prolific Sierra Madre Occidental region of Mexico, a world-class silver-gold belt
5. Clear path to resource definition – With ongoing work programs and upcoming results, the company has a defined roadmap to establishing a JORC-compliant resource

Why Investors Should Track Advance Metals

Advance Metals offers exposure to a high-grade precious metals project with multiple potential catalysts on the horizon. The combination of new discovery areas and value extraction from previous work provides multiple pathways to success.

The upcoming assay results from the core sampling program in October 2025 represent a significant near-term catalyst that could substantially increase the known mineralisation at Yoquivo without additional drilling costs.

For investors seeking exposure to precious metals exploration with near-term catalysts and significant upside potential, Advance Metals presents an opportunity to participate in the development of what could become a substantial silver-gold resource in a tier-one mining jurisdiction.

Ready to Capitalise on Mexico's Next High-Grade Silver Discovery?

Discover why Advance Metals' impressive 1,594 g/t AgEq findings at Yoquivo could represent a significant investment opportunity in the precious metals sector. With multiple catalysts ahead—including upcoming assay results and a pathway to a JORC-compliant resource—now is the time to learn more about this emerging silver-gold story. Visit Advance Metals' investor centre for comprehensive project information, company presentations, and to stay updated on future developments.