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Advance Confirms High-Grade Silver-Gold Mineralization in Previously Unsampled Core at Yoquivo

Advance Metals Limited (“Advance”) is pleased to report strong assay results from its ongoing core resampling program at the Yoquivo Silver-Gold Project in Chihuahua, Mexico, confirming high-grade mineralization in previously unassayed historic drill core.

Image Credit: Advance Metals Limited

The first batch of results from 11 holes across the southern portion of the Pertenencia structure returned grades of up to 370 g/t silver and 6.2 g/t gold, demonstrating significant untested potential within unassayed core representing more than 50 % of historic drilling.

Notable intersections include:

  • 2.05 m at 480 g/t AgEq from 135.15 m, including 1.1 m at 848 g/t AgEq (hole YQ-22-025)
  • 4.45 m at 115 g/t AgEq from 119.2 m, including 0.95 m at 249 g/t AgEq (hole YQ-22-003)

Multiple additional batches of core from central and northern portions of Pertenencia are awaiting assay results, with relogging and sampling continuing. These results will contribute to an updated geological model and support a JORC Resource upgrade expected to commence in early 2026.

Managing Director’s Comment

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 unlock. The high grade silver and gold mineralization 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, and I’m very much looking forward to what else might be present in these samples.”

Dr Adam McKinnon, Managing Director

Program Overview

Advance has identified more than 6,300 meters of unsampled historic core within the Pertenencia vein system. The current program aims to systematically evaluate this untested material to unlock additional high-grade zones and extend known mineralization.

The early results confirm the upside potential of the Yoquivo system and highlight multiple zones of previously unrealized high-grade silver and gold. Combined with results from Advance’s recent diamond drilling, these data will underpin the upcoming JORC-compliant Mineral Resource update.

Meanwhile, site preparations are underway for the next phase of drilling, with a diamond rig scheduled to mobilize to site shortly to follow up on the new targets.

Project Context

The Yoquivo Silver-Gold Project is located in the Sierra Madre Occidental volcanic belt, a globally significant precious metals province that hosts numerous high-grade epithermal systems. Advance’s work program continues to demonstrate the scale and continuity of silver-gold mineralization across multiple vein systems, with Yoquivo emerging as a core growth asset in the Company’s global portfolio.

The Yoquivo Silver-Gold Project is located in the Sierra Madre Occidental volcanic belt, a globally significant precious metals province that hosts numerous high-grade epithermal systems. Advance’s work program continues to demonstrate the scale and continuity of silver-gold mineralization across multiple vein systems, with Yoquivo emerging as a core growth asset in the Company’s global portfolio.

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