High Conviction Drilling Completed
| Stock | Adavale Resources Ltd (ADD.ASX) |
|---|---|
| Release Time | 22 Dec 2025, 8:25 a.m. |
| Price Sensitive | Yes |
High Conviction Drilling Completed
- 2,411m of Phase 2 RC drilling completed over 12 holes at Adavale's Brownfields London-Victoria Mine
- Drilling focused on validating structural controls and expanding the JORC MRE
- Drilling followed up strong results from ALRC014, which intersected 48m of gold mineralisation 100m below the pit floor
Adavale Resources has completed 2,411m of Phase 2 RC drilling over 12 holes at its Brownfields London-Victoria Gold Mine. The drilling program was designed to validate the high-quality technical work completed previously, with the objective of improving the understanding of the structural controls on mineralisation as well as adding to the existing Mineral Resource Estimate (MRE). The first batch of samples from the first 10 drill holes, totaling 1,963m, has been submitted for laboratory analysis, with results expected early in the New Year. The drilling was following up on strong results from ALRC014, which intersected 48m of gold mineralisation 100m below the pit floor. Multiple compelling targets remain untested across a 1.5km strike length, providing significant scope for follow-up drilling campaigns and further Resource growth. In parallel with the work completed at London-Victoria, Adavale has also advanced its Corner and Parkvale South greenfields prospects, consistent with the company's strategy of maintaining a robust pipeline of gold and copper opportunities.
The company plans to continue advancing the London-Victoria project, including pXRF-based geochemical logging, incorporation of new structural data to refine the geological and resource model, and further magnetic survey planning. Adavale also plans to continue its systematic evaluation of the multiple greenfields prospects across the Parkes Gold-Copper Project area.