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How Adavale’s 115koz Gold Resource and Historic Mine Licence Could Transform Parkes

7:04pm on Thursday 31st of July, 2025 AEST Mining
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How Adavale’s 115koz Gold Resource and Historic Mine Licence Could Transform Parkes

7:04pm on Thursday 31st of July, 2025 AEST
Key Points
  • Maiden JORC 2012 Inferred Mineral Resource Estimate of 115koz Au at London-Victoria
  • Drilling program extended to 14 holes targeting resource expansion and upgrade
  • Strategic exploration licence EL9785 granted, including historic high-grade Koh-I-Noor mine
  • High-grade rock chip assays up to 22.2g/t Au at Parkvale South Prospect
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