Latest Adavale Resources (ASX:ADD) News

Adavale Resources has launched a technically advanced second phase drilling campaign at its London-Victoria Gold Mine, aiming to expand the gold resource beyond current estimates. Led by new Managing Director David Ward, the program builds on promising initial results and structural insights.

Adavale Resources has uncovered significant resource growth potential at its London-Victoria gold deposit through historic data recovery and a new structural geology study, setting the stage for an imminent drilling campaign.

Adavale Resources has reported significant gold mineralisation extending beyond current estimates at its London Victoria Gold Mine, alongside securing $3.1 million in funding and appointing David Ward as Managing Director.

Adavale Resources has appointed industry veteran David Ward as Managing Director to spearhead exploration and drilling at its flagship Parkes Gold-Copper Project, aiming to unlock significant value in one of Australia’s richest mineral provinces.

Adavale Resources has achieved a crucial milestone by securing 100% Native Title consent for its Marree uranium project in South Australia, paving the way for advanced exploration activities.

Adavale Resources has reported its strongest gold intercept in three decades at the London Victoria Gold Mine, revealing significant potential to expand its resource base well beyond current estimates. The company is gearing up for a second phase of drilling to further explore these promising findings.

Adavale Resources has updated its prospectus to reflect a $3.1 million capital raise through share placements and director participation, reinforcing its funding position amid ongoing exploration efforts.

Adavale Resources has launched an offer of over 82 million new options following recent placements that raised approximately $3.1 million. These options, exercisable at $0.035 each, aim to reward investors, directors, and the lead manager while potentially raising further capital.

Adavale Resources has reported promising shallow, high-grade gold intercepts from its maiden drilling program at the London Victoria Gold Mine, reinforcing the potential to expand its current resource base. The company is advancing with a magnetic survey and planning a second drilling phase to further delineate the deposit.

Adavale Resources has announced a maiden JORC 2012 Inferred Mineral Resource of 115,000 ounces of gold at its London-Victoria Gold Mine and secured a strategic exploration licence containing the high-grade Koh-I-Noor mine. A $3.238 million capital raise will accelerate drilling and exploration across its Parkes Project.

Adavale Resources has raised $0.588 million through a strategic placement to accelerate drilling and exploration at its Parkes Gold and Copper Project, including the London Victoria Gold Mine.

Adavale Resources has intensified exploration at its Parkes Gold and Copper Project, initiating a maiden drilling campaign at London Victoria Mine while expanding prospect assessments across multiple sites.