Advance Metals Limited (ASX: AVM) has announced promising results from its rock chip sampling program at the Augustus Project in Arizona. The initial assay results confirm high-grade mineralization, with 32 out of 34 samples returning grades exceeding 1.0% copper (Cu), including a channel sample showing up to 12.8% Cu across 1 meter and grab samples up to 20.8% Cu.
Mapping during the rock chip sampling program at the Augustus Project in Arizona has identified thick veins spread out across a large area, ranging from 1 to 3 meters. This mapping suggests a presence of substantial mineralization in the bedrock beneath alluvial deposits and creek beds. The sampling included channel and grab samples. The company is analysing forty-eight elements, including gold, as part of its ongoing exploration efforts to enhance its asset portfolio.
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Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.