ADVANCED METALS Limited
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ADVANCED
METALS
Schematic cross section (±37.5m, looking north-northeast) through the central portion of Pertenencia showing previous drilling and highlighting selected broad intervals (purple) defined following the recent resampling program. An approximate outline of the existing Foreign Estimate 3,4, along with significant down hole intersections for new oblique drill hole YQ-26018 (red bars) are also shown.
Yoquivo Silver-
Gold project
Yoquivo drilling confirms strong depth continuity; JORC resource upgrade targeted in early 2026
- Yoquivo Silver Project located 210km WSW of the city of Chihuahua, Chihuahua State, Mexico
- Lies within the Sierra Madre Volcanic Belt, the principal silver gold mining metallogenic province in Mexico
- Scissor hole YQ-26-018 drilled in an opposing direction to previous holes, confirming the scale and continuity of silver gold mineralisation in multiple directions across the central Pertenencia zone
- 78 diamond holes drilled for over 19,600 metres completed from 2020 to 2025
- Consists seven mining concessions totalling ~1,975 ha
- Large precious metal mines within 50km: Pinos Altos (2023 production: 97.6koz Au), Ocampo, El Cocheno and Orisyvo
- Foreign Estimate of 937Kt at 570g/t AgEq for 17.23Moz AgEq
- Updated JORC Mineral Resource Estimate targeted for early 2026 as drilling continues to confirm broad silver gold mineralisation and potential for both underground and bulk tonnage development scenarios
Yoquivo Silver Gold project
Schematic cross section (±37.5m, looking north-northeast) through the central portion of Pertenencia showing previous drilling and highlighting selected broad intervals (purple) defined following the recent resampling program. An approximate outline of the existing Foreign Estimate 3,4, along with significant down hole intersections for new oblique drill hole YQ-26018 (red bars) are also shown.
Plan of the Yoquivo Project showing recently collected high-resolution LiDAR topography data with mapped veining (red lines), along with existing drill holes (black) and new drill holes (blue).
Plan of the Esperanza Prospect showing recently collected LiDAR topography data with existing drill holes3 (black) and new drill holes (blue). The image shows grades greater than 20g/t AgEq2 (red barrels) plotted down hole, with recent drilling extending known mineralisation to a strike of at least 210m.
Sulphide-hematite-quartz-carbonate breccia that forms part of the broad mineralised interval in YQ-26-018. This interval graded 0.74m at 572g/t Ag & 10.0g/t Au from 354.64m.
Gavilanes Silver Project
High grade silver mineralisation (black) from previous drill hole SCHN-008, grading 876g/t Ag.
- Gavilanes Silver Project located in the San Dimas mining district of Durango, Mexico
- Hosted in the Sierra Madre Volcanic Belt – the principal silver & gold mining province of Mexico
- Lies ~23 km northeast of the San Dimas Tayoltita mine (134Moz of silver) owned by First Majestic Silver Corp
- Foreign Estimate of 22.4Moz of silver equivalent (AgEq) at 246g/t AgEq
- 13,500-hectare land package offers substantial upside for resource growth
- Current exploration has tested just 0.2 km² of the main zone, while 15 km² of known veins remain undrilled
Gavilanes Silver Project location
- 13,500 hectares with 11 mining concessions
- Three mineralised zones (Gavilanes, Central and Western zones)
- Gavilanes Zone: 15 km²
- Central and Western Zones not yet mapped in detail
- The deposit remains open at depth, with indications of increasing copper and gold grades
- Recent discoveries of additional veins and alteration zones underline the project’s untapped potential
Gavilanes Silver Project mapped veins and rock chip samples
Guadalupe Y Calvo Gold-Silver
Project
A transformational, district-scale gold and silver asset in the Sierra Madre Occidental, strategically located between Yoquivo and Gavilanes.
GyC hosts an NI 43-101 Foreign Estimate of 816koz AuEq (60.6Moz AgEq), including high-grade underground resources of 494koz AuEq at 5.0g/t AuEq. With historic production exceeding 2Moz gold and 31Moz silver and more than 86,000m of drilling completed, mineralisation remains open along strike and at depth, providing strong resource growth potential.
- Guadalupe y Calvo Gold-Silver Project located 300km WSW of the city of Chihuahua, Chihuahua State, Mexico
- Consists ten mining concessions totalling ~27.5km²
- Current Indicated and Inferred NI43-101 Foreign Estimate containing 60.6Moz AgEq at 198g/t AgEq
- High grade underground component of Foreign Estimate of 36.6Moz at 373g/t AgEq
- Extensive modern exploration and drilling in the region
Mapped veining at the Guadalupe y Calvo Project
- Over 190 years of mining since discovery in 1835
- 2Moz gold, 31Moz silver mined in historic production from British/North American companies pre-WWII
- Modern exploration began in early 2000s with 86,000m of core drilling by previous operators
- Recent programs have defined a 600 x 550 metre mineralised panel on the Rosario structure, with mineralisation open along strike and down dip
- Multiple vein systems beyond Rosario-Nankin area
Guadalupe y Calvo long section showing drilling with mineralisation and the La Bufa Fault that offsets the system to the sparsely drilled mineralisation to the northwest.
Myrtleford and Beaufort
Projects
Strategically located in the heart of Australia’s Victorian Goldfields, a region renowned for producing over 80Moz of gold.
- AVM holds the right to acquire an 80% interest in the Myrtleford and Beaufort Gold Projects against a backdrop of record high gold prices
- Projects acquired from Serra Energy Metals, who has spent A$6 million on exploration, on advantageous and low downside risk terms to AVM
- The Projects are strategically located in the heart of Australia’s Victorian Goldfields, a region renowned for producing over 80Moz of gold
- The tenements host hundreds of mineralised workings, including over 70 past-producing high grade underground gold mines
- Many of these mines are located on mineralised structures that extend for kilometres and remain largely untested by modern exploration
- High-impact diamond drilling program at the Myrtleford Project to continue into 2026
Myrtleford and Beaufort projects are situated in the Victorian Goldfields region, host to one of the highest-grade gold deposits globally.
Visible gold intersected at depth; system extended to >500m vertically and remains open.
Myrtleford Gold Project, Victoria
Plan of the southeastern portion of the Myrtleford Project highlighting previous and new rock chip sampling over the Happy Valley Trend along with proposed drilling along a six-kilometre portion of the trend.
Strong Gold Results
Composite image of a gold-bearing laminated quartz vein (left) from AMD003, with close-up images highlighting the visible gold at 180.0 metres down hole (top right) and 180.9 metres down hole (bottom right). This interval included 1.3 metres at 305.8g/t Au.
Composite core image from AMD003 highlighting individual grades within an interval that returned 7.5 metres at 47.9g/t Au from 178.1m down hole.