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Advance Metals Reports Significant Progress in Gold and Silver Projects

Story Highlights
  • Advance Metals acquired high-grade gold and silver projects in Australia and Mexico.
  • The company raised $1.52 million and appointed a new CEO to support exploration efforts.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

An announcement from Pacific American Holdings Ltd. ( (AU:AVM) ) is now available.

Advance Metals Limited, an exploration and mining company, has announced significant progress in its gold and silver projects. The company has acquired interests in high-grade gold projects in Victoria, Australia, and silver projects in Mexico. The Myrtleford and Beaufort Gold Projects in Victoria have shown promising results with high-grade gold intersections, while the Yoquivo and Gavilanes Silver Projects in Mexico are poised for exploration with potential high-grade silver discoveries. The company also raised $1.52 million to support these drilling programs and appointed a new Managing Director and CEO, Dr. Adam McKinnon, to lead its strategic initiatives.

More about Pacific American Holdings Ltd.

YTD Price Performance: 90.0%

Average Trading Volume: 4,526,483

Technical Sentiment Signal: Buy

Current Market Cap: A$12.2M

For a thorough assessment of AVM stock, go to TipRanks’ Stock Analysis page.

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