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The latest update is out from Pacific American Holdings Ltd. ( (AU:AVM) ).
Advance Metals Limited has recommenced its diamond drilling program at the Happy Valley Prospect within the Myrtleford Project in Victoria, Australia. This new phase of drilling follows a successful initial campaign earlier this year that yielded high-grade gold results. The current program aims to further explore and extend known high-grade mineralization zones, with initial results anticipated in July 2025. The drilling efforts at Myrtleford are part of a broader strategy that includes ongoing exploration at the Yoquivo Silver-Gold Project in Mexico, indicating a significant expansion of the company’s exploration activities and potential resource base.
More about Pacific American Holdings Ltd.
Advance Metals Limited operates in the mining industry, focusing on the exploration and development of high-grade gold and silver projects. The company is primarily engaged in projects located in the Victorian Goldfields, Australia, and Chihuahua, Mexico, with a market focus on high-grade mineral resources.
Average Trading Volume: 5,200,829
Technical Sentiment Signal: Sell
Current Market Cap: A$12.72M
See more insights into AVM stock on TipRanks’ Stock Analysis page.