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How Will Adavale’s $5.15M Placement Transform London Victoria Gold Mine?
9:30am on Monday 2nd of February, 2026 AEDT
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Mining
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How Will Adavale’s $5.15M Placement Transform London Victoria Gold Mine?
9:30am on Monday 2nd of February, 2026 AEDT
Key Points
Placement raised $5.15 million with cornerstone investor maintaining 20% stake
Directors and management subscribed $168,000, reinforcing confidence
Funds allocated to Phase 3 drilling, metallurgical testing, and resource updates
Promising drill results suggest potential for significant resource growth
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