Advance Metals Limited: Strengthening High-Grade Gold Potential

Advance Metals Limited (ASX: AVM) has reported significant upgrades from its ongoing exploration at the Myrtleford Project in Victoria. Recent screen fire assay results at the Happy Valley Prospect confirmed higher gold grades, particularly in holes AMD001 and AMD003, which showed increases of 29% and 15% respectively. These re-assays highlight the effectiveness of the screen fire method in capturing coarse gold, enhancing confidence in the ultra-high-grade zone identified at Happy Valley.

In addition to deeper drilling aimed at extending mineralisation up to 80 metres down-plunge, initial results from shallower holes also returned strong grades, reinforcing the system’s continuity. The company is now progressing with its deepest hole yet and plans to expand drilling into previously untested prospects, including Queen of the Hills and Sheard’s Reef. Together, these developments underline Advance Metals’ growing potential across its 13-km gold trend and support the case for a larger-scale discovery.

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