Maiden Drilling Programme Advance Metals Targets Bonanza Silver-Gold Grades

Drilling to Begin at Yoquivo: Advance Metals Targets Bonanza Silver-Gold Grades in Mexico

Advance Metals Limited has secured all necessary approvals to commence its maiden drilling program advance metals at the high-grade Yoquivo Silver-Gold Project in Chihuahua, Mexico, with drilling expected to begin within three weeks. The company aims to expand upon previous exceptional drill results that include intercepts of up to 2,404 g/t silver and 17.2 g/t gold.

Bonanza Grades Ready for Confirmation and Extension

Advance Metals' fully permitted 3,000-meter diamond drilling program advance metals will initially target the Pertenencia area, where previous drilling has intercepted spectacular high-grade mineralisation including:

• 6.2 meters at 2,404 g/t Ag & 17.2 g/t Au from 64.8m
• 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
• 3.05 meters at 668 g/t Ag & 3.9 g/t Au from 117.8m

These intersections demonstrate the exceptional grade potential of the Yoquivo project, which hosts numerous high-grade epithermal vein systems. The project already boasts a foreign resource estimate of 937,000 tonnes at 570 g/t silver equivalent for 17.23 million ounces of silver equivalent, defined by more than 16,500 meters of previous drilling.

"With the approvals in place we have turned our attention to confirming and extending some of the previous bonanza-grade silver and gold intersections," said Managing Director Dr. Adam McKinnon. "Our maiden drilling program advance metals will be a fantastic test of the potential upside to the existing Foreign Estimate at Yoquivo, with high grade drilling results expected to extend over several months into the second half of the year."

Understanding Epithermal Vein Systems: The Key to Yoquivo's Potential

The Yoquivo project hosts "epithermal vein systems," a term that may be unfamiliar to many investors but represents one of the most valuable types of precious metal deposits worldwide.

Epithermal vein systems form relatively close to the earth's surface (typically within 1-2 km) where hot, mineral-rich fluids flow through fractures in the rock. As these fluids cool, they deposit minerals—often including significant concentrations of silver and gold—in these cracks, creating veins. What makes these systems particularly attractive to mining companies is their potential for extraordinarily high precious metal grades, as demonstrated by Yoquivo's bonanza-grade intercepts.

For investors, epithermal vein deposits often translate to potentially lower development costs compared to larger but lower-grade deposits, as the concentrated nature of the mineralisation can mean smaller but highly profitable mining operations. Some of the world's most profitable silver and gold mines operate on epithermal vein systems similar to those found at Yoquivo.

Strategic Development Plan and Timeline

With site preparation commencing this week, Advance Metals has outlined a clear path forward:

1. Immediate Term (Next 3 Weeks): Finalisation of drill hole designs and completion of drill pad preparation
2. Short Term (1-3 Months): Execution of the initial 9-12 diamond drill holes totalling up to 3,000 meters
3. Mid Term (3-6 Months): Analysis and reporting of drilling results, expected to extend into the second half of 2025
4. Longer Term: Potential expansion of drilling to lesser-explored veins in the northern and western portions of the property

The company has already secured a drilling contractor and completed the necessary community agreements with the local Ejido (community group), demonstrating effective stakeholder management and a commitment to positive community relations.

Investment Thesis: Significant Upside Potential

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

1. Proven High-Grade Mineralisation: Previous drilling has already demonstrated exceptional silver and gold grades that rank among the highest in the industry for similar deposit types.

2. Substantial Exploration Upside: Most of the mapped silver and gold-bearing veins at Yoquivo remain poorly drilled, presenting significant expansion potential beyond the current 17.23 million ounce silver equivalent foreign estimate.

3. Low Initial Entry Point: As a junior explorer with a clear pathway to resource expansion, Advance offers investors exposure to potentially significant resource growth from a relatively modest initial valuation.

4. Strong Technical Leadership: Managing Director Dr. Adam McKinnon brings relevant technical expertise in the style of mineralisation at Yoquivo, enhancing the company's ability to effectively target and evaluate the project's potential.

5. Clear Path to Development: With all necessary approvals secured, the company has removed significant regulatory hurdles that often delay junior mining projects.

Why Investors Should Follow Advance Metals

The upcoming drilling program advance metals at Yoquivo represents a potentially transformative period for Advance Metals. The combination of already-defined high-grade mineralisation and substantial exploration upside creates multiple potential catalysts for share price appreciation in the coming months.

For precious metals investors, exposure to bonanza-grade silver and gold projects like Yoquivo offers leverage to metal prices with the added potential for significant resource growth. With silver prices showing strength and gold at record levels, Advance Metals' timing for testing and expanding this high-grade silver-gold resource could prove opportune.

The company's methodical approach to developing Yoquivo—securing necessary approvals, establishing positive community relationships, and focusing initial drilling on confirming and extending known high-grade zones—demonstrates a disciplined strategy that maximises the potential for success while managing exploration risk.

As Advance Metals prepares to begin drilling at Yoquivo in the coming weeks, results from this program will provide concrete evidence of the project's potential to grow beyond its current 17.23 million ounce silver equivalent foreign resource estimate. For investors seeking exposure to high-grade precious metals exploration with near-term news flow, Advance Metals presents a compelling opportunity worth watching closely.

Ready to Capitalise on Yoquivo's Bonanza Silver-Gold Potential?

For investors seeking exposure to high-grade precious metals with exceptional growth potential, Advance Metals' Yoquivo project offers a rare opportunity. With drilling set to commence within weeks targeting extensions to intersections like 2,404 g/t silver and 17.2 g/t gold, now is the time to position yourself ahead of potentially market-moving results. Visit Advance Metals' investor centre to learn more about this compelling silver-gold opportunity and stay updated as drill results flow in throughout 2025.