• Extensional drilling campaign underway with 2 rigs on site
• Assays to be delivered monthly
• Bonanza gold grades up to 245g/t at Victoria South
• Expanded initial 6,000m campaign underway

Adavale Resources Ltd (ASX:ADD) has provided an update on its ongoing extensional drilling campaign at the London Victoria Gold Mine. The company has 2 rigs on site and is delivering assay results on a monthly basis. Highlights from the drilling program include the discovery of bonanza gold grades up to 245g/t at the Victoria South target, as well as continued wide, high-grade intercepts from the London Victoria deposit. Adavale has also expanded its initial drilling campaign to 6,000m, with the aim of rapidly and systematically advancing the project. The London Victoria Mine is a former BHP open pit operation with a 115koz JORC-compliant Inferred Resource, and benefits from existing infrastructure and approvals. Adavale has a proven track record of swift, systematic execution across its portfolio, and is well-funded to continue advancing the Parkes Project. The company is also progressing exploration on its highly prospective greenfield targets within the broader Parkes Project area.

Adavale is focused on rapidly and systematically advancing the London Victoria Gold Mine through an expanded 6,000m drilling campaign, with the aim of further expanding the existing Mineral Resource and progressing the project towards early production. The company is also actively exploring its highly prospective greenfield targets within the broader Parkes Project area.