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Adavale Advances Parkes Project with $1.675M Raise and Drilling Progress

6:39pm on Sunday 1st of June, 2025 AEST Mining
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Adavale Advances Parkes Project with $1.675M Raise and Drilling Progress

6:39pm on Sunday 1st of June, 2025 AEST
Key Points
  • Completed acquisition of 72.5% interest in Parkes Gold and Copper Project
  • Raised $1.675 million via placement to fund exploration and drilling
  • Diamond drilling indicates potential 12m down-dip extension at London-Victoria mine
  • Uranium exploration progressing with heritage survey completed and drilling planned
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