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Advance Metals Limited (ASX:AVM)
ALERT: Price-sensitive ASX Announcement for AVM
Current share price for AVM : $0.066 -0.01 (-13.16%)+
Announcement
Release
24 Mar 2026 8:50AM
Price at Release
$0.076
Full Release
Summary
Advance Metals Limited has expanded its gold footprint at Happy Valley following significant drilling activities. The company reported on its new drilling targets, including diamond core drilling at various points at the Happy Valley deposit. The geological setting indicates high-grade mineralisation within quartz veins, with ongoing assays and metallurgical test work aiming to optimise gold recovery through low-cost gravity separation techniques. The company plans further drilling operations to explore these mineral-rich zones, and results indicate potential for significant high-grade gold discoveries.
Key Points
- Expansion of gold footprint at Happy Valley via diamond drilling.
- Ongoing assays and metallurgical test works to enhance gold recovery.
- Geological setting conducive to high-grade gold mineralisation.
- Further drilling planned to explore additional mineral-rich zones.
- Potential for significant high-grade gold discoveries.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.
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