• Completed Phase 2 RC drilling program at London-Victoria Mine, with highest-grade gold intercepts to date
• Strengthened executive leadership with appointment of David Ward as Managing Director
• Continued progression of regional and greenfields exploration across the Parkes Project

Adavale Resources Limited (ASX:ADD) has reported on its activities for the quarter ended 31 December 2025, with a focus on advancing its flagship Parkes Gold and Copper Project in the Lachlan Fold Belt of New South Wales. Key highlights include the completion of a high-conviction Phase 2 reverse circulation (RC) drilling program at the London-Victoria Gold Mine, which yielded the highest-grade gold intercepts to date, including 14m at 2.62g/t Au and 23m at 1.64g/t Au. These results further reinforce the confidence in the scale and continuity of the mineralization beyond the existing resource at the site. The company also strengthened its executive leadership with the appointment of David Ward as Managing Director, bringing over 30 years of exploration, development, and operational experience within the Lachlan Fold Belt. Additionally, Adavale continued the progression of regional and greenfields exploration across the broader Parkes Project, including ground magnetic surveys and reconnaissance rock chip sampling at priority prospects like Corner and Parkvale South. In the company's South Australian uranium projects, Adavale secured 100% Native Title consent across the Marree Uranium Project, materially de-risking the project and enabling future exploration and drilling activities.

Adavale remains confident that the pipeline of follow-up work planned for CY2026, including an imminent Phase 3 drilling program at London-Victoria, will build on the momentum already achieved and carry the company into the next key phase of exploration and development.