• Strong chargeability anomaly identified from historical IP surveying at Ashes extends across the previous licence boundary into the newly secured tenure.
• Historic workings identified along the interpreted southern strike of the London-Victoria gold corridor near the boundary of EL7242 and EL9178.
• Expanded tenure enables integrated interpretation of geophysical, structural and historical datasets across a now contiguous landholding.

Adavale Resources Limited (ASX:ADD), an Australian junior explorer focused on gold and copper in the Lachlan Fold Belt of New South Wales, has provided an update on the exploration potential of the recently acquired strategic tenure adjacent to its Parkes Gold-Copper Project. The expanded land position has provided immediate opportunities to review and advance multiple exploration targets, with particular focus on the Ashes Prospect and the southern strike extensions of the London-Victoria gold corridor. At Ashes, the ability to assess the full extent of the IP chargeability and resistivity anomalies as one continuous system materially enhances the understanding of the hydrothermal footprint and strengthens the case for further targeted work. To the south, securing EL9178 provides a logical extension of the London-Victoria structural corridor, where historical workings and favourable geology indicate strong potential for additional mineralised zones along strike. The consolidated tenure position allows Adavale to integrate geophysical, structural and historical datasets across a now contiguous landholding, unlocking new exploration opportunities immediately adjacent to the existing assets.

Work programs will assess the interpreted southern extensions of the London-Victoria gold corridor into EL9178, leveraging the expanded land position to test along-strike continuity and identify additional targets along this highly prospective structural trend.