Advance Metals (ASX: AVM) — Company Overview, News & Financial Data
Advance Metals is a mineral exploration and development company focused on high-grade silver and gold assets in Mexico and Australia.
Advance Metals
Advance Metals is a mineral exploration and development company focused on high-grade silver and gold assets in Mexico and Australia. The company's portfolio in Mexico includes key silver and gold projects in Durango and Chihuahua, hosting mineral resource estimates and active exploration programs along mineralised corridors. In Australia, the company holds gold exploration assets in Victoria, targeting high-grade quartz vein systems and regional gold trends. Operations center on expanding mineral resources through systematic diamond drilling, surface exploration, and geological modeling across its core project areas to support future development.
Snapshot
Operations
Products and/or services of Advance Metals
- Flagship Silver Exploration: Diamond drilling and resource delineation over a continuous mineralised corridor spanning 136 square kilometres in Durango, Mexico, focused on broad silver mineralization, high-grade vein structures, and deep polymetallic system potential.
- Advanced Silver-Gold Resource Development: Exploration and resource expansion in Chihuahua, Mexico, centered on a 100 percent owned deposit hosting a mineral resource of 33 million silver equivalent ounces across 8.8 million tonnes at 120 grams per tonne silver equivalent.
- District-Scale Silver-Gold Exploration: Targeted exploration and resource expansion within a historic mining district in Chihuahua, Mexico, covering a land package containing a historic mineral resource base of 60.6 million silver equivalent ounces open along strike.
- High-Grade Victorian Gold Exploration: Diamond drilling and 3D geological vein modeling across central Victorian goldfields in Australia, targeting quartz-hosted gold mineralization with high-grade intercepts extending to depths of at least 500 metres below surface.
- Regional Gold Trend Exploration: Surface exploration, structural mapping, and geochemical sampling across a 16-kilometre regional gold trend in Victoria, Australia, targeting shear-hosted and vein-hosted gold occurrences to identify drill-ready targets.
- Base and Precious Metals Exploration: Tenement management and early-stage field exploration across historical copper, gold, and strategic skarn systems in the United States, targeting porphyry-style mineralization and polymetallic intrusive deposit potential.
Advance Metals executive team
- Adam Robert McKinnonMD, CEO & Director
- Jay StephensonCFO & Company Secretary
- Dominic HillCOO & Business Development Manager
- Robert SedgemorePresident of North America
Latest news about Advance Metals
Advance Metals hits high-grade silver in Mexico
AustraliaAdvance Metals secures 100% of Victorian gold projects
AustraliaAdvance Metals starts major drilling at Gavilanes Project
AustraliaAdvance Metals sells Canadian Coal for $5.3M
AustraliaAdvance Metals delivers record silver-gold grades at Yoquivo Poject
Australia
Key financials
Reported results for Advance Metals, in AUD.
- Market cap
- 17.3M
- Revenue (TTM)
- 569
- P/E ratio
- —
- EPS (diluted, TTM)
- -0.0
- Dividend yield
- —
- Profit margin
- 0.0%
| Fiscal year end | Revenue | Operating income | Net income |
|---|---|---|---|
| 72K | -7.5M | -7.4M | |
| 40.1K | -975K | -951K | |
| 18.7K | -732K | -713K | |
| 7.6K | -1.4M | -1.4M |