Advance Metals confirms gold mineralisation in maiden drilling at Queen of the Hills and Sheards Reef prospects within its Myrtleford project in Victoria. Four diamond holes totalling 1,288 metres targeted untested historical zones outside the main Happy Valley deposit, located 4.5 kilometres away. Key intersections include 4 metres at 2.4 grams per tonne gold and 0.8 metres at 5.1 grams per tonne, demonstrating the broader potential of the Myrtleford system across a 13-kilometre strike length. The company awaits final assay results from six additional holes and has commenced metallurgical testing using gravity separation techniques, with initial results expected early next quarter. This exploration success signals potential resource expansion beyond Happy Valley.
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