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Advance Metals Initiates Drilling at Myrtleford for High-Grade Gold Targets

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Advance Metals Initiates Drilling at Myrtleford for High-Grade Gold Targets

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Pacific American Holdings Ltd. ( (AU:AVM) ) has shared an update.

Advance Metals Limited, in collaboration with Serra Energy Metals Corp., has initiated a diamond drilling program at the Myrtleford Project in the Victorian Goldfields, Australia. This move marks a significant step in exploring high-grade gold targets, particularly at Happy Valley and Twist Creek. The drilling aims to expand and confirm previous high-grade findings and enhance the understanding of the mineralization controls and distribution. The project is expected to provide significant value creation opportunities by leveraging modern exploration methods in historically rich but under-explored gold areas.

More about Pacific American Holdings Ltd.

YTD Price Performance: 46.67%

Average Trading Volume: 2,748,178

Technical Sentiment Consensus Rating: Buy

Current Market Cap: A$7.41M

See more data about AVM stock on TipRanks’ Stock Analysis page.

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