• Historic BHP Gold grade control data indicates peak grades up to 37.4 g/t Au
• Structural mapping identifies major east-dipping shear zone controlling gold mineralization
• Potential for parallel folded repeat of sequence to the east

Adavale Resources has completed a detailed structural mapping and analysis of the historic London-Victoria open pit, led by independent structural geologist Ian E. Neilson. The study identifies a major east-dipping dextral shear zone as the primary control on gold mineralization at London Victoria, forming a high-strain corridor that overprints an earlier antiformal structure. This corridor hosts intense foliation, quartz-carbonate-sulphide veining, and chlorite-sericite alteration consistent with shear-related fluid flow and remobilization of the gold. Gold mineralization is most pronounced where the andesitic host units are oriented parallel to the shear fabric, notably in the eastern pit wall and fold hinge positions. Mapping also highlights a southern plunge to the mineralized system, where increasing shear intensity and potential lithological repetition point to strong exploration upside below and south of the current pit limits. Adavale has also recovered and is digitizing a significant archive of historic hand-drawn grade control maps from the late 1980s to early 1990s, originally compiled by BHP Gold and Hargraves Resources. These maps, which represent thousands of drillholes completed within the London-Victoria open pit, provide an invaluable dataset, capturing detailed grade control and important geological information collected during historic mining operations. The data, when fully digitized, will greatly assist drill targeting and likely add significant gold resource ounces to future JORC Mineral Resource Estimates.

Adavale remains on track to commence a swift and systematic drilling program in the coming weeks, which will directly target the high-priority zones defined by the new data and enhanced by recent structural analysis. The Company's newly appointed Managing Director, Mr. David Ward, with a proven track record of creating value across the Lachlan Fold Belt, will lead the drilling campaign.