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Pacific American Holdings Ltd. ( (AU:AVM) ) has issued an announcement.
Advance Metals Limited has announced a significant acquisition of the Guadalupe y Calvo site in Chihuahua, Mexico, which increases its resources to 100 million ounces of silver equivalent. This strategic move is expected to enhance the company’s market position in the silver mining sector, potentially offering substantial benefits to stakeholders by expanding its resource base and operational footprint in a key mining region.
More about Pacific American Holdings Ltd.
Advance Metals Limited operates in the mining industry, focusing on the exploration and development of metalliferous commodities. The company has a particular interest in high-grade silver and gold projects, with operations in Mexico and Victoria, Australia.
Average Trading Volume: 3,959,475
Technical Sentiment Signal: Sell
Current Market Cap: A$11.66M
For detailed information about AVM stock, go to TipRanks’ Stock Analysis page.