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Pacific American Holdings Ltd. ( (AU:AVM) ) has shared an update.
Advance Metals Limited has announced positive initial results from a sampling program at the Yoquivo Silver-Gold Project in Mexico. The program revealed high-grade silver and gold mineralization in previously unsampled core, with grades reaching up to 848g/t AgEq. These findings suggest significant untapped potential in the area, prompting the company to continue its sampling efforts and update its geological model, which could enhance its resource estimates and bolster its industry positioning.
More about Pacific American Holdings Ltd.
Advance Metals Limited is a company operating in the mining industry, focusing on the exploration and development of mineral resources. Their primary products include silver and gold, with a significant market focus on high-grade mineral projects in regions like southwestern Chihuahua, Mexico.
Average Trading Volume: 7,265,135
Technical Sentiment Signal: Buy
Current Market Cap: A$37.05M
For a thorough assessment of AVM stock, go to TipRanks’ Stock Analysis page.