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Pacific American Holdings Ltd. ( (AU:AVM) ) just unveiled an update.
Advance Metals Limited has issued an amended version of its recent Yoquivo project announcement to clarify technical references, historical drill intercept disclosures, figure annotations and metal price assumptions used in silver-equivalent calculations, while confirming that no new exploration results have been introduced and that the technical conclusions remain unchanged. The company reported that ongoing diamond drilling at the Yoquivo Silver-Gold project has delivered one of the strongest intersections recorded on the property to date, significantly extending high-grade mineralisation 70–80 metres down-dip in the Pertenencia area, with further assay results pending and over 4,500 metres of historic core now sampled to support an updated geological model and new JORC resource, underscoring the project’s potential for resource expansion and greater leverage to silver prices.
The most recent analyst rating on (AU:AVM) stock is a Hold with a A$0.17 price target. To see the full list of analyst forecasts on Pacific American Holdings Ltd. stock, see the AU:AVM Stock Forecast page.
More about Pacific American Holdings Ltd.
Advance Metals Limited is an ASX-listed mineral exploration company focused on high-grade silver and gold projects, with a key asset being the Yoquivo Silver-Gold project in Chihuahua, Mexico. The company is targeting resource growth and value creation through drilling campaigns, historic core re-evaluation and updated geological modelling aimed at advancing the project’s JORC-compliant resource base.
Average Trading Volume: 6,573,533
Technical Sentiment Signal: Hold
Current Market Cap: A$84.78M
See more insights into AVM stock on TipRanks’ Stock Analysis page.