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How Will Adavale’s New Tenement Acquisition Transform Its Parkes Gold-Copper Project?

8:26am on Tuesday 17th of February, 2026 AEDT Mining
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How Will Adavale’s New Tenement Acquisition Transform Its Parkes Gold-Copper Project?

8:26am on Tuesday 17th of February, 2026 AEDT
Key Points
  • Acquisition of two adjacent exploration licences from Alkane Resources
  • Parkes project tenure expands from 380km² to 440km², covering 56km strike
  • Alkane becomes a significant shareholder via 5.5 million Adavale shares
  • Enhanced exploration potential at Ashes Prospect and London-Victoria Gold Mine corridor
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