Managing director Adam McKinnon gave a presentation on the company’s silver and gold assets in North America and Australia at an Investor Event in Melbourne last week.
The company had, in less than 12 months, executed three strategic acquisitions in the prolific Sierra Madre Belt, which gives it a silver equivalent endowment of more than 100Moz, and makes it one of the largest ASX participants in this space in Mexico.
Adding interest, all three projects have significant upside potential with Advance Metals targeting a doubling in resource endowment to over 200Moz in the medium-term.
The company is also exploring the ultra-high grade Myrtleford project in the Victorian Goldfields with early drilling returning eye-popping results such as 7.5m grading 47.9g/t gold and 8.2m at 22.4g/t gold.
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4.9¢ |
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Mkt cap ! $14.57M |
Open | High | Low | Value | Volume |
4.9¢ | 4.9¢ | 4.6¢ | $122.4K | 2.600M |
Buyers (Bids)
No. | Vol. | Price($) |
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2 | 550000 | 4.5¢ |
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Price($) | Vol. | No. |
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4.9¢ | 421712 | 2 |
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No. | Vol. | Price($) |
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2 | 550000 | 0.045 |
3 | 489419 | 0.044 |
3 | 822000 | 0.043 |
3 | 52295 | 0.042 |
5 | 195000 | 0.041 |
Price($) | Vol. | No. |
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0.049 | 421712 | 2 |
0.050 | 113250 | 2 |
0.051 | 220408 | 2 |
0.052 | 438230 | 2 |
0.053 | 664000 | 3 |
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