• Expanded 6,000m RC drilling program at London-Victoria to grow existing 115kOz JORC Mineral Resource
• Second RC drill rig secured to accelerate drilling and maintain steady flow of results
• Victoria South Prospect identified as potential extension of London-Victoria mineralization

Adavale Resources is pleased to announce progress on its Parkes Gold-Copper Project, with the 6,000m drilling campaign at the London-Victoria Gold Mine being expanded and accelerated. Drilling activities at London-Victoria are continuing to build strong momentum, with the current program designed to systematically expand the existing 115kOz JORC 2012 Inferred Mineral Resource Estimate (MRE). The Company has secured a second drill rig to accelerate progress, supporting a larger and more continuous program of model-driven drilling. Recent drilling has delivered strong results, reinforcing confidence in the geological model and highlighting the potential for further resource growth both along strike and at depth. The Company is also evaluating the potential to extend mineralization south of the London-Victoria Pit toward the Victoria South Prospect, which is interpreted as a shallow, unmined continuation of the current Mineral Resource. In parallel, the Company is expanding its geophysical survey area, with plans to extend the current drone magnetic survey over the broader London-Victoria Project area. At the Ashes Prospect, expanded magnetic geophysics and soil sampling programs are also in the final stages of planning. The Company is well positioned to deliver sustained news flow and continue building value across the Parkes Gold-Copper Project.

With drilling accelerating, strong funding in place and a pipeline of catalysts including assays, geophysics and regional targeting, Adavale is well positioned to deliver sustained news flow and continue building value across the Parkes Gold-Copper Project.