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Adavale Uncovers Deep Gold Extensions, Secures $3.1M, and Appoints New MD
6:16pm on Friday 31st of October, 2025 AEDT
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Mining
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Adavale Uncovers Deep Gold Extensions, Secures $3.1M, and Appoints New MD
6:16pm on Friday 31st of October, 2025 AEDT
Key Points
Maiden 14-hole drilling campaign reveals gold mineralisation over 100m below pit floor
JORC Mineral Resource Estimate expanded beyond previous 107koz at 1.06g/t Au
Secured $3.1 million funding including 20% stake by cornerstone investor Gleneden
David Ward appointed Managing Director to lead exploration advancement
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