With gold and silver running to more than $5650 and $65 per ounce, respectively, Yoquivo is looking tastier by the day. And Advance says a new geological model is shaping up, as it pushes for a maiden JORC-compliant resource.
Yoquivo joins Advance’s broader Guadalupe y Calvo and Gavilanes Mexican project line-up, which packs a substantial 100 million ounces of silver equivalent in foreign estimates.
Guadalupe y Calvo sits midway between Yoquivo and Gavilanes in the Sierra Madre belt and has nearly 86,000m of drilling for a foreign estimate of 9.5 million tonnes at 198g/t silver equivalent for 60.6 million ounces.
The company is working hard to get these historic resources JORC-ready, while hunting for fresh high-grade zones.
With gold and silver prices flying high, Advance’s precious metals timing is spot-on. As it pushes for JORC resources and ramps up exploration, the company’s Mexican assets mark it as a top contender in the booming precious metals game.
Is your ASX-listed company doing something interesting? Contact: mattbirney@bullsnbears.com.au

