AVM advance metals limited

Hi team, I emailed Adam asked for more detail about the results,...

  1. 682 Posts.
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    Hi team, I emailed Adam asked for more detail about the results, this was his response.

    I would consider these results better than I expected. To put it into perspective, have a look at the long section that displays grade x width - anything over 1,000g/t AgEq x m (purple) is rightly flagged as high grade. This hole on its own produced two (and nearly three) individual intervals at that level. The lower high grade Pertenencia interval (4.42m at 446g/t AgEq) is actually just shy of 2,000g/txm (objectively high grade), and even the upper interval nearly reaches this level (886g/t x m). The lower 40.57m interval is at a whopping 4,274g/t x m. I've seen some criticism that this has is just two intervals that have been smeared, which is absolute rubbish and something you can check for yourself with a little bit of maths: 40.57m x 105g/t = 4,274g/t x m (this is the entire interval), subtract 2.51m x 226g/t = 568g/t x m (HG inclusion 1), subtract 4.47m x 238g/t= 1,066g/t x m (HG inclusion 2) = 2,640g/t x m (this is the metal in the remainder the interval outside of the 2 HG inclusion) This means that 62% of the metal in the 40.57m interval is not part of the two inclusions quoted. It is one of the least smeared intervals you will see!! On the market, I can't control what individual shareholders do on a particular day, but I do note this only the first hole with 7-9 holes to come. Hope this helps. Regards, Adam
 
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Last trade - 16.10pm 13/06/2025 (20 minute delay) ?
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