• Defined 107,000oz JORC Inferred Resource at London-Victoria Gold Project
• Maiden drilling campaign at London-Victoria Mine confirms open mineralisation and potential for significant resource growth
• Expanded greenfields exploration portfolio with high-conviction targets across the Parkes Project

Adavale Resources Ltd (ASX:ADD) has delivered a transformational year in 2025, with key achievements that have set the company up for further growth and success in 2026. The company's flagship Parkes Project, located in the Tier-1 Lachlan Fold Belt jurisdiction, has seen rapid advancement, including the definition of a maiden JORC Inferred Mineral Resource of 107,000oz Au at the London-Victoria Gold Project. Adavale's systematic and swift execution has also uncovered significant resource upside potential at London-Victoria through structural geology studies and recovery of historic grade control data. The company's greenfields exploration portfolio has also been expanded, with high-conviction targets identified across the broader Parkes Project area, including the Ashes, Myalls, and Koh-I-Noor prospects. With a strongly supported, liquid ASX-listed vehicle and a highly experienced, investor-aligned board and management team, Adavale is well-positioned to capitalize on the significant potential across its diversified asset portfolio in the year ahead.

Adavale is focused on rapidly advancing its Parkes Project, with plans for a Phase 3 drilling campaign at the London-Victoria Mine in early 2026 aimed at growing the gold inventory and supporting potential near-term production development. The company will also continue systematic exploration and target generation across its broader greenfields portfolio to unlock the significant discovery potential within the highly prospective Lachlan Fold Belt.