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An announcement from Advance United Holdings ( (TSE:AUEX) ) is now available.
Advanced Gold Exploration Inc. is expanding its footprint into the U.S. by creating a wholly owned subsidiary, to be called Silver Belle Resources LLC or a similar name, to manage recently acquired claims in Eureka County, Nevada. The move builds on the company’s strategy of leveraging historically worked properties and complements its Canadian gold and copper portfolio.
The company has mandated Arizona-based geological consultancy ProDeMin USA LLC, led by Dr. Craig Gibson, to run a Phase 1 exploration program and produce an NI 43-101 technical report on the Silver Belle Project. The work, set to begin in mid-to-late April 2026, will include detailed mapping, systematic sampling, advanced field technology and data integration, aiming to modernize historic data, validate high-grade carbonate replacement deposit potential and lay a compliant technical foundation that could position Silver Belle as a significant CRD-style silver and base-metal project in one of Nevada’s most productive mineral belts.
Historical smelter returns from 1937 indicate exceptionally high silver grades and significant lead, zinc, copper and antimony content at Silver Belle, reinforcing its potential within an antimony-enriched segment of the regional CRD belt. The technical report, expected about two months after the program starts, will guide future drilling and resource-definition decisions, potentially reshaping Advanced Gold’s growth profile and exposure to U.S. high-grade polymetallic exploration.
More about Advance United Holdings
Advanced Gold Exploration Inc. is a Canadian mineral exploration company focused on gold and copper properties, primarily in Canada. The company specializes in identifying and acquiring undervalued projects with significant historical work, aiming to enhance their economic value and deliver both immediate and long-term returns to partners and shareholders.
Average Trading Volume: 23,228
Technical Sentiment Signal: Buy
Current Market Cap: C$2.88M
See more insights into AUEX stock on TipRanks’ Stock Analysis page.