Drill Results
Advanced Gold to incorporate U.S. subsidiary

AUEX · Price
Executive Summary
- Advanced Gold Exploration Inc. is incorporating a US subsidiary, Silver Belle Resources LLC, to hold its 2,000-acre Silver Belle project in Eureka County, Nevada.
- The company has engaged ProDeMin USA LLC and Dr. Craig Gibson to execute a Phase 1 exploration program starting in mid-to-late April 2026, which will culminate in a NI 43-101 technical report.
- The program aims to modernize historical exploration data through mapping, sampling, and advanced geophysics, building on documented high-grade silver-lead-zinc-antimony production from the property.
Key Details
- Corporate Restructuring: Incorporation of wholly owned US subsidiary (Silver Belle Resources LLC) to hold ~100 unpatented lode mining claims (2,000 acres) in Eureka County, Nevada.
- Technical Advisor & QP: Agreement with ProDeMin USA LLC; Dr. Craig Gibson, PGeo, appointed as Qualified Person under NI 43-101 to oversee the program and technical report.
- Phase 1 Program Scope:
- Geological mapping: 3 weeks of detailed field mapping across the claim block and surrounding areas
- Systematic sampling: 50 to 100 rock and soil samples for geochemical analysis
- Advanced field tech: Deployment of field-portable XRF measurements and drone-acquired orthophotos/video
- Data compilation: Integration of all field data into a comprehensive GIS database
- Timeline: Field work commences mid-to-late April 2026; technical report expected approximately two months after program start.
- Historical Assay Data: A documented 1937 smelter return from the Silver Bell Mining Co. yielded 1,611 g/t Ag (47 oz/t), 37% Pb, 10% Zn, 1% Cu, and 3,000 g/t Sb, confirming the property's location within an antimony-enriched carbonate replacement deposit (CRD) belt.
- Strategic Context: Project situated in the prolific Eureka mining district; exploration will target high-grade replacement and feeder structures at depth to establish a compliant technical foundation for future drilling and resource definition.
Notable Quotes
- "Finalizing our Nevada corporate structure and engaging a team of ProDeMin's calibre are essential steps in our 2026 strategy. Dr. Gibson's extensive expertise in high-grade mineralization will be invaluable as we modernize the data on Silver Belle and move toward a compliant technical foundation for the project." — Arndt Roehlig, President and CEO
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Jun 23, 2026 · 07:31