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Pacific American Holdings Ltd. ( (AU:AVM) ) has issued an update.
Advance Metals Limited, operating in the mining industry, has announced promising initial results from its maiden diamond drilling program at the Yoquivo Silver-Gold Project in southwestern Chihuahua, Mexico. The program, which aims to explore high-grade silver-gold mineralization, has returned significant findings from the first diamond hole, highlighting multiple zones of high-grade mineralization in the Pertenencia vein system. The results suggest a substantial potential for increasing the known scale of mineralization, with further assays pending for additional holes. This development marks a significant step in Advance Metals’ exploration efforts, potentially enhancing its position in the mining sector and impacting stakeholders positively.
More about Pacific American Holdings Ltd.
Average Trading Volume: 4,897,455
Technical Sentiment Signal: Sell
Current Market Cap: A$12.99M
Find detailed analytics on AVM stock on TipRanks’ Stock Analysis page.