middle.news
Adavale Secures $2.65M to Boost Parkes Gold Drilling Ambitions
9:42am on Friday 4th of July, 2025 AEST
•
Mining
Read Story
Adavale Secures $2.65M to Boost Parkes Gold Drilling Ambitions
9:42am on Friday 4th of July, 2025 AEST
Key Points
Placement raised $2.5 million from sophisticated investors plus $152,000 from directors
Funds to support 10-hole, 2,200m RC drilling program targeting resource extensions
Focus on increasing JORC mineral resource of 115,000 ounces gold at London Victoria
New options offered to investors, exercisable at $0.035, pending shareholder approval
Read Story
middle.
Tap to Read
Tap the card to read the full analysis
about
Adavale Resources (ASX:ADD)
OPEN ARTICLE