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High Grade Gold Discovery East of Happy Valley Deposit: New Vein Structure Intersected with Visible Gold

Date/time : 2026-01-20 03:59 PM
Symbol :

AVM

Company : Advance Metals Ltd
Price : 0.095
Market cap : 2,800,000
O/S : 29,102,203
Exchange :

AU

Industry :

Metallurgical Coal

Full story

A new high-grade gold structure was discovered to the east of the Happy Valley Deposit, with visible gold intersected in drill hole AMD016. Assay results confirmed high-grade nature: 0.6m at 66.7g/t Au. The structure is similar to the Porpunkah Reef. Drilling is ongoing to further explore the new zone.