Advance Metals Mexican Silver-Gold Strategy Targets 200Moz Endowment

Advance Metals Targets 200Moz Silver-Gold Endowment in Mexican Growth Strategy

Advance Metals has unveiled an ambitious growth strategy targeting a doubling of its precious metals endowment in Mexico, backed by a fresh capital raise and comprehensive exploration plans across three high-grade projects.

Mexican Silver Strategy Accelerates With $13M Capital Injection

Advance Metals Limited has outlined a comprehensive growth strategy aimed at rapidly expanding its silver-gold portfolio in Mexico's prolific Sierra Madre Occidental Volcanic Belt. The company, which currently holds assets with a combined 100+ million ounces of silver-equivalent in Foreign Estimates, is targeting substantial growth to over 200 million ounces AgEq across its portfolio in the medium term.

This growth strategy has gained significant momentum following the company's recent $13 million placement backed by leading global institutional investors, positioning Advance to aggressively pursue its expansion plans across all three of its Mexican projects.

"With the recent acquisition of Guadalupe y Calvo, we've assembled a strategic portfolio of high-grade silver and gold assets with district-scale potential. Our immediate focus is on unlocking this value through comprehensive exploration programs across all three projects." – Dr. Adam McKinnon, Managing Director and CEO

Immediate Exploration Programs Commencing Across All Projects

Advance has approved immediate exploration programs at all three of its high-grade Mexican silver-gold assets, including:

• High-resolution airborne LiDAR surveys covering 10,000 hectares across all three projects
• Diamond drilling resumption at Yoquivo within the next month
• Maiden drilling program at Guadalupe y Calvo scheduled for early Q1 2026
• Extensive mapping and sampling at Gavilanes to prioritize drill targets

The company has established a centrally-located facility in Durango with core storage and processing capabilities to support these operations.

Yoquivo Project: Extending High-Grade Silver Mineralization

At the Yoquivo Project, which hosts 17.2Moz AgEq at an impressive grade of 570g/t AgEq, Advance is set to recommence diamond drilling within the month. The program will target:

• Extensions to high-grade mineralization at the Pertenencia area
• New drilling further west in the Esperanza and Dolar areas
• Maiden drill testing of newly identified high-grade vein structures southeast of Dolar, which recently returned surface rock chip grades up to 1,594g/t AgEq

The company is also conducting an extensive resampling program on untested core from previous explorers, with initial results expected shortly.

Guadalupe y Calvo: The Growth Engine

The recently acquired Guadalupe y Calvo (GyC) Project represents a significant addition to Advance's portfolio, containing a Foreign Estimate of 60.6Moz AgEq at 198g/t AgEq. The company is actively progressing government and community approvals required to commence drilling, expected in early Q1 2026.

Initial drilling will target extensions to high-grade gold-silver mineralization in the northwestern part of the main Rosario Vein, which remains open along strike and at depth. The program will also include collection of samples for metallurgical test work to advance development potential.

Gavilanes: Unlocking District-Scale Discovery Potential

The Gavilanes Project, Advance's largest by area, hosts 22.4Moz AgEq at 246g/t AgEq but remains significantly under-explored. The project demonstrates substantial discovery potential with elevated silver grades evident across kilometer-scale trends.

Near-term exploration will include mapping and surface sampling to help prioritize numerous drill targets, followed by a maiden drilling program in the first half of 2026. Similar to Yoquivo, the company has identified significant potential from unsampled core from previous drilling, with a sampling program set to commence shortly.

Understanding Silver Equivalent (AgEq) Calculations

Silver equivalent (AgEq) is a metric used to express the combined value of silver and other metals (primarily gold in Advance's case) in terms of silver. This allows investors to understand the total precious metals content in a standardized way.

For Advance's projects, the AgEq calculations incorporate:

Understanding these calculations is important for investors as they represent a standardized way to compare the value of different deposits with varying metal compositions.

Investment Timeline: Key Upcoming Catalysts

Advance has outlined a clear sequence of exploration activities and potential catalysts for investors to monitor:

Why Investors Should Follow Advance Metals

Advance Metals Mexican silver-gold strategy presents a compelling investment case for precious metals investors seeking exposure to high-grade silver and gold assets:

1. Established Resource Base: Over 100Moz AgEq already defined across three projects with an ambitious growth target to 200Moz

2. Exceptional Grades: Portfolio-wide high grades (198-570g/t AgEq) significantly above global averages for silver deposits

3. Strategic Location: All projects located in the prolific Sierra Madre Occidental Volcanic Belt, Mexico's premier precious metals region

4. Strong Financial Position: Recently completed $13M placement with institutional backing

5. Clear Growth Strategy: Comprehensive exploration programs commencing across all assets with near-term news flow

6. Experienced Leadership: Technical team with proven exploration expertise led by Dr. Adam McKinnon

The company's strategic focus on high-grade silver assets in Mexico, combined with its well-funded position and clearly defined growth strategy, positions Advance to potentially deliver significant value as it executes on its exploration plans across all three projects.

Looking to Diversify Your Portfolio With High-Grade Precious Metals?

Discover Advance Metals' ambitious strategy to double its silver-equivalent resources to over 200 million ounces across three high-grade Mexican projects. With $13 million in fresh capital and exploration programs already underway, now is the ideal time to consider this emerging opportunity. For comprehensive investor information and to stay updated on upcoming drilling results and resource expansions, visit Advance Metals' investor centre today.