• Assay results confirm gold mineralisation extends beneath historic open pit
• Significant intercepts include 7m @ 2.42g/t Au and 5m @ 1.67g/t Au
• London-Victoria remains central to Adavale's growth strategy

Adavale Resources Limited has announced assay results from 14 reverse circulation holes at the London-Victoria Gold Mine, confirming the extension of gold mineralisation beneath the historic 1.5km-long open pit. The results, including significant intercepts such as 7m @ 2.42g/t Au and 5m @ 1.67g/t Au, support the geological model and reinforce the importance of London-Victoria as the central anchor of Adavale's broader Parkes Thrust gold system. The mineralised corridor extends both north and south of the open pit, across recently consolidated tenure, including southward toward the Calarie Mining Licence, which currently hosts a combined 166koz Au Mineral Resource.

Adavale Resources anticipates completing an updated Mineral Resource Estimate by mid-3Q CY26, with ongoing drilling and metallurgical testing to support future development studies.