Advance Metals Strikes Gold at Myrtleford Project with Maiden Drilling Success

Tue 18 Mar 25, 12:20 AM | Team Kalkine

Gold explorer Advance Metals (ASX:AVM) is celebrating a successful start to its Myrtleford Project in Victoria’s Goldfields, with all three drilled holes returning encouraging visible gold mineralisation.

This marks a significant milestone for the company, which entered a joint venture with Serra Energy Metals on the Myrtleford project just months ago. While full assay results are still pending, the early indications suggest that the project is off to a promising start.

Advance Metals' maiden drilling program has delivered intercepts across multiple zones, with notable hits in hole AMD002 at 211.5m, 216.2m, 217.6m, and 219.2m. Sulphide-bearing quartz veins have also been identified as deep as 180.9m in hole three, while results from hole one remain positive.

Dr. Adam McKinnon, Managing Director of Advance Metals, remains optimistic but maintains a cautious approach as the company awaits laboratory confirmation.

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