High-Grade Silver-Gold Project Ready for Expansion
The Yoquivo Project already hosts multiple high-grade epithermal vein systems with a Foreign Estimate of 937,000 tonnes at 570 g/t silver equivalent for 17.23 million ounces AgEq. This estimate was defined by more than 16,500 meters of previous drilling, but the upcoming program aims to significantly expand these resources.
Initial site preparation is well advanced with access road repairs and drill pad construction completed for the first five holes. This positions the company to test extensions of previous exceptional drill results, including:
- 1.2 meters at 1,895 g/t Ag & 34.0 g/t Au from 47.3m
- 1.5 meters at 1,473 g/t Ag & 4.0 g/t Au from 100.2m
- 6.2 meters at 2,404 g/t Ag & 17.2 g/t Au from 64.8m
- 3.05 meters at 668 g/t Ag & 3.9 g/t Au from 117.8m
Many planned holes are strategically designed to test multiple vein systems simultaneously, with initial holes each passing through up to four epithermal vein structures. The company expects to release initial assay results in the second half of June.
"I am very excited to see Advance's maiden drilling program kicking-off this week at Yoquivo. Our in-country team have been working hard to get to this point, with improvements to site access completed and drilling pads for the first portion of the program now in place," said Managing Director Dr. Adam McKinnon.
"Given that most mineralisation at Yoquivo is open every direction, the upcoming program has the very real near-term potential to add significant value to the project and to the Company."
Understanding Epithermal Vein Systems: Why They Matter to Investors
Epithermal vein systems form near the surface (typically within 1.5 km) where hot fluids from magmatic sources rise and deposit minerals in fractures and faults. These systems are considered valuable by mining companies and investors for several key reasons:
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High-grade potential: Epithermal deposits often contain exceptional grades of precious metals, as demonstrated by Yoquivo's impressive historical intercepts.
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Defined structures: The vein systems tend to follow predictable geological structures, making them more straightforward to target through drilling.
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Multiple parallel systems: As seen at Yoquivo, epithermal districts frequently contain multiple parallel vein systems, allowing efficient exploration where a single drill hole can test several targets.
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Mining economics: High-grade epithermal veins can be economically viable even at modest scale, making them attractive development targets.
The exceptionally high grades at Yoquivo (up to 2,404 g/t Ag and 17.2 g/t Au over 6.2 meters) place it among the higher-grade epithermal systems globally, which explains Advance Metals' strategic focus on this asset.
Strategic Drilling Approach Maximises Efficiency
Advance has designed an efficient drilling program that leverages the multiple parallel vein structures at Yoquivo. A key example is planned hole 25-005, which has been positioned to potentially extend mineralisation in up to four different epithermal vein systems in a single drill hole.
This multi-target approach offers:
- Cost efficiency: Testing multiple targets with fewer drill holes reduces overall exploration costs
- Faster resource growth: Potential to add ounces to multiple veins simultaneously
- Better geological understanding: Improved modelling of vein relationships and structural controls
The company's in-country team will progressively log, process, and dispatch samples from each hole, with a steady flow of news expected once drilling at Advance Metals Ltd Yoquivo project is underway.
Yoquivo's Investment Potential in the Silver-Gold Space
Advance Metals offers investors exposure to a high-grade silver-gold project with several compelling attributes:
| Aspect | Details |
|---|---|
| Existing Resource | 937kt at 570g/t AgEq for 17.23Moz AgEq (Foreign Estimate) |
| Grade Highlights | Up to 2,404 g/t Ag & 17.2 g/t Au over 6.2m |
| Expansion Potential | Mineralisation open in all directions |
| Infrastructure | Recent access road improvements completed |
| Near-term Catalysts | Drilling commencing immediately; first assays expected June |
| Ownership | 100% owned by Advance Metals |
The project's exceptionally high grades place it in rare company among global silver-gold deposits. For context, many operating silver mines work with grades below 200 g/t silver equivalent, making Yoquivo's average grade of 570 g/t AgEq particularly attractive.
With silver prices showing strength and market forecasts suggesting continued demand growth for both silver and gold, projects with established high-grade resources and clear expansion potential like Yoquivo are well-positioned.
Why Investors Should Watch Advance Metals
The imminent drilling program at Yoquivo represents a potential inflection point for Advance Metals. Here's why investors should follow developments closely:
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Immediate catalysts: With drilling at Advance Metals Ltd Yoquivo project starting this week and assays expected in June, news flow will be regular and potentially value-driving.
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Grade advantage: The exceptional grades already demonstrated at Yoquivo provide a strong foundation for economic development even at modest scale.
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Multiple targets: The presence of numerous vein systems creates multiple opportunities for resource expansion.
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100% ownership: Advance has full ownership of the project, maximising shareholder exposure to exploration success.
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Market timing: With precious metals showing strength, high-grade silver-gold projects are attracting premium valuations.
The company's strategic approach of targeting extensions to known high-grade zones while simultaneously testing multiple vein systems creates an efficient path to potentially significant resource growth. With each drill hole having the potential to intersect multiple mineralised structures, the upcoming program offers numerous opportunities for positive surprises.
For investors seeking exposure to high-grade precious metals exploration with near-term catalysts, Advance Metals presents a compelling opportunity to watch as drilling at Advance Metals Ltd Yoquivo project unfolds in the coming weeks.
Ready to Capitalise on High-Grade Silver-Gold Potential?
Discover how you can be part of Advance Metals' exciting journey at Yoquivo, where exceptional silver-gold grades and multiple epithermal vein systems present a compelling investment opportunity. With drilling now underway and results expected in June, now is the perfect time to learn more about this high-grade project with significant expansion potential. Visit Advance Metals' investor page to stay updated on the latest developments and explore how this ASX-listed company could fit into your investment portfolio.
