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Advance Metals Ramps Up Arizona Project and Fundraising
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Advance Metals Ramps Up Arizona Project and Fundraising

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

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Advance Metals Limited has provided an optimistic quarterly report highlighting their progress on the Augustus Project in Arizona, where they established significant exploration potential and are moving forward with drilling and permitting plans. The company’s engagement with potential investors at the PDAC conference and the establishment of Northern Eagle Mining to stimulate North American investments underscore their strategic expansion efforts. Additionally, the board of directors saw changes with new appointments and retirements, as well as a successful fundraise of $1.8 million from investors.

For further insights into AU:AVM stock, check out TipRanks’ Stock Analysis page.

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