The recent Advance Metals Yoquivo project results have delivered exceptional outcomes from previously unsampled drill core at the company’s Yoquivo Silver-Gold Project in Mexico, confirming significant high-grade mineralisation that was overlooked by previous explorers. Advance Metals Limited (ASX:AVM) has demonstrated systematic value extraction capabilities, already yielding 848g/t silver equivalent grades from over 6,300 metres of unsampled core still awaiting analysis.
Hidden Treasure: 6,300m of Unsampled Core Reveals High-Grade Potential
Advance Metals identified a remarkable opportunity at Yoquivo through meticulous examination of historical drilling data. More than 6,300 metres of unsampled core, representing greater than 50% of historic drilling, had never been properly assayed by previous operators.
The first batch of Advance Metals Yoquivo project results from 222.7 metres of core across 11 holes has confirmed the untested potential. Furthermore, these initial results returned exceptional grades that exceed industry expectations for epithermal precious metal deposits.
| Hole ID | Interval | Grade | Peak Grades |
|---|---|---|---|
| YQ-022-025 | 2.05m at 480g/t AgEq from 135.15m | 848g/t AgEq over 1.1m | Ag: 370g/t, Au: 6.2g/t |
| YQ-022-002 | 4.45m at 115g/t AgEq from 119.2m | 249g/t AgEq over 0.95m | Multiple elevated zones |
These discoveries demonstrate that previous explorers conducted highly selective sampling programmes. Consequently, substantial value was left behind for Advance to extract through systematic re-evaluation of the entire core library.
“The initial assay results from previously unassayed core at Yoquivo are exactly what we hoped for. The selective legacy sampling by previous explorers has left lots of value behind for us to extract. 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.”
Dr Adam McKinnon, Managing Director
Understanding Silver Equivalent Grades: Why These Numbers Matter
Silver equivalent (AgEq) grades provide investors with a standardised methodology for evaluating multi-metal deposits. In addition, this approach converts all metals into a single comparable unit for easier assessment of economic potential.
At Yoquivo, the company applies the following calculation methodology:
AgEq = Silver (g/t) + Gold (g/t) × (Gold Price/Silver Price)
The current assumptions utilise US$1,860/oz gold and US$24/oz silver with 85% recovery rates for both metals. However, these parameters may adjust based on market conditions and metallurgical testing outcomes.
Why This Matters for Investment Analysis
Silver equivalent grades enable direct comparison between different mineralised zones within the deposit. For instance, the 848g/t AgEq peak grade represents exceptional value, particularly when encountered over meaningful widths such as the 1.1 metre intersection in hole YQ-022-025.
The company maintains confidence that each element used in the metal equivalent calculation demonstrates reasonable prospects for recovery and sale. This assessment builds upon initial flotation test work conducted by Golden Minerals in 2022, which established baseline metallurgical parameters.
Strategic Development Timeline: Path to Resource Upgrade
Advance Metals has established a comprehensive development strategy designed to maximise the Advance Metals Yoquivo project results potential through systematic execution phases.
Immediate Phase (Current Operations)
The company is systematically processing all 6,300+ metres of unsampled core through comprehensive re-logging and geological interpretation. Furthermore, multiple additional sample batches are currently pending laboratory results, which should provide expanding data coverage across the deposit.
Near-term Catalysts (Q4 2025 – Q1 2026)
Site preparation activities are advancing for the new drilling programme, with diamond rig mobilisation scheduled imminently. Consequently, fresh drilling data will complement the expanding database from historic core sampling.
The updated geological model will integrate both new drilling results and historic core sampling data. In addition, this comprehensive approach ensures maximum extraction of geological intelligence from all available information sources.
Resource Development Phase (Q1 2026)
JORC-compliant resource upgrade activities will commence following completion of the new drilling programme. However, the integration of new drilling results with historic core sampling may reveal potential for significant expansion beyond current resource estimates.
This systematic methodology ensures comprehensive value extraction whilst building toward resource definition that could substantially exceed previous Foreign Estimates.
Investment Case: Systematic Value Creation in Proven Jurisdiction
Advance Metals presents a compelling investment proposition built upon systematic value creation rather than speculative exploration approaches. Several distinguishing factors support this investment thesis for the Advance Metals Yoquivo project results.
Proven Mineralisation System
The Yoquivo project encompasses four principal epithermal vein systems: Esperanza, Dolar, San Francisco, and Pertenencia. These systems extend over 3,000+ metre strike lengths with variable widths ranging from 0.2m to over 5m.
Systematic Value Extraction Strategy
Rather than pursuing speculative drilling programmes, Advance employs methodical value extraction from known mineralised zones. Previous explorers conducted incomplete sampling campaigns, leaving substantial opportunity for systematic value realisation.
This approach significantly reduces exploration risk whilst maximising potential upside through disciplined execution. Furthermore, the strategy demonstrates capital efficiency by focusing resources on proven mineralisation rather than greenfield targets.
Strong Operational Foundation
| Aspect | Details |
|---|---|
| Tenure Security | 100% owned through Mexican subsidiary, valid to 2051-2055 |
| Access Rights | 5-year access agreement with local ejido (April 2025) |
| Location | Established mining jurisdiction in Chihuahua, Mexico |
| Infrastructure | Accessible location with established mining services |
Resource Expansion Potential
Current sampling programmes focus on the southern portion of the Pertenencia structure exclusively. However, central and northern areas remain pending analysis, suggesting significant potential for resource base expansion beyond current estimates.
The systematic approach to the Advance Metals Yoquivo project results indicates substantial untapped potential across multiple vein systems within the broader project area.
What Are Epithermal Vein Systems?
The Yoquivo Project operates within the Sierra Madre Occidental volcanic belt, renowned for precious metal endowment. The project area encompasses volcanic rock units from both Lower Volcanic Group (andesites) and Upper Volcanic Group (ignimbrites), with several rhyolitic dome intrusions.
Epithermal systems form when hot, mineral-rich fluids ascend through fractures in volcanic rocks. For instance, these fluids deposit precious metals as they cool and pressure decreases during their upward migration.
Geological Characteristics
Mineralisation consists of silver-gold bearing epithermal quartz veins throughout the project area. These veins exhibit characteristics typical of low-sulphidation epithermal environments, including:
• Fine colloform to crustiform banding textures
• Bladed calcite replacement patterns
• Open space filling mineralisation styles
• Sulphide-poor mineralogical assemblages
This geological setting demonstrates favourable conditions for precious metal concentration. In addition, similar environments have produced numerous world-class deposits globally, supporting the economic potential of the Yoquivo system.
Why Should Investors Monitor Advance Metals?
Advance Metals has established itself as a systematic value creator within the precious metals sector through disciplined asset development approaches. The company’s methodology of extracting hidden value from existing datasets demonstrates technical capabilities and capital efficiency.
Key Investment Differentiators
Low-risk value creation through systematic re-evaluation distinguishes Advance from exploration-stage competitors. Furthermore, the company operates from known mineralisation rather than pursuing speculative targets, significantly reducing execution risk.
Multiple near-term catalysts provide ongoing newsflow potential through sample results and drilling programme commencement. In addition, established infrastructure and secure tenure in proven mining jurisdiction support operational execution capabilities.
Experienced management brings demonstrated track records in resource development and systematic value extraction methodologies. However, the team’s disciplined approach emphasises capital efficiency over aggressive expansion strategies.
Upcoming Catalysts to Monitor
Additional sample batches from central and northern Pertenencia areas should expand understanding of deposit continuity. Furthermore, the new drilling programme commencing shortly will provide fresh data for geological model updates.
JORC resource upgrade activities scheduled for Q1 2026 represent a significant value inflection point. Consequently, the updated geological model incorporating all new data may reveal substantially expanded resource potential.
Investment Summary
The systematic approach to extracting maximum value from Yoquivo, combined with strong operational fundamentals, positions Advance Metals favourably within the precious metals exploration sector. The Advance Metals Yoquivo project results demonstrate methodical value creation rather than speculative exploration approaches.
With systematic sampling of over 6,300 metres of unsampled core still pending analysis, multiple value creation catalysts remain ahead. In addition, the new drilling programme about to commence provides additional upside potential for resource expansion.
The combination of proven high-grade mineralisation, systematic development methodology, and near-term catalysts creates compelling investment rationale. Furthermore, AVM offers exposure to systematic value extraction rather than speculative exploration risk for precious metals investors seeking proven mineralisation potential.
Could Advance Metals’ Systematic Approach Unlock Hidden Value at Yoquivo?
With over 6,300 metres of unsampled core still awaiting analysis and exceptional grades already confirmed from initial sampling, Advance Metals’ methodical value extraction strategy at Yoquivo presents a compelling investment opportunity. The company’s disciplined approach to maximising returns from proven mineralisation, combined with multiple near-term catalysts including an imminent drilling programme and planned JORC resource upgrade, positions AVM as a distinctive player in the precious metals sector. To explore how Advance Metals’ systematic development methodology could benefit your investment portfolio, visit their investor centre for comprehensive company information, project updates, and detailed investment materials.
