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The latest announcement is out from Pacific American Holdings Ltd. ( (AU:AVM) ).
Advance Metals Limited, a company engaged in the exploration and development of gold projects, has announced significant assay results from its maiden drilling program at the Myrtleford Project in the Victorian Goldfields, Australia. The latest results from diamond drill holes AMD002 and AMD003 reveal high-grade gold mineralization, with AMD003 showing intersections of up to 446g/t gold, indicating a coherent ultra-high grade zone with potential extensions. These findings underscore the immense potential of the Happy Valley trend, with ongoing exploration efforts expanding to the Twist Creek area, highlighting the company’s strategic focus on unlocking further regional potential.
More about Pacific American Holdings Ltd.
YTD Price Performance: 23.33%
Average Trading Volume: 2,957,931
Technical Sentiment Signal: Buy
Current Market Cap: A$7.92M
Learn more about AVM stock on TipRanks’ Stock Analysis page.
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