• Final Phase 2 assays confirm strong resource growth potential
• Mineralised system remains open at depth, down plunge and along strike
• Phase 3 drilling now underway to accelerate resource expansion

Adavale Resources has received the final assay results from the 12-hole, 1,476m Phase 2 drilling program at the London-Victoria Gold Mine. The results further confirm the strong resource growth potential, with the mineralised system remaining open at depth, down plunge and along strike. Highlights from the final 7 holes include 28m @ 1.53g/t Au (ALRC019) and 21m @ 1.40g/t Au (ALRC021). The program successfully validated the company's geological model and controls on the gold mineralisation. Adavale is now accelerating exploration with an expanded Phase 3 drilling program of an initial 6,000 metres. The company is also planning pXRF-based geochemical logging, further structural data analysis, and a magnetic survey to refine the geological and resource model and guide near-term drilling and resource growth. Adavale's exploration efforts continue across its broader Parkes Gold-Copper Project, with further geochemical surveys, prospect reconnaissance, and other activities planned.

Adavale is accelerating exploration at the London-Victoria Gold Mine with an expanded Phase 3 drilling program of an initial 6,000 metres. The company is also planning additional technical work including pXRF-based geochemical logging, structural data analysis, and a magnetic survey to further refine the geological and resource model and guide near-term drilling and resource growth.