Adavale Hits Highest-Grade Gold Yet at London-Victoria as Exploration Momentum Builds

Adavale Resources Limited ( (AU:ADD) ) has shared an announcement.

Adavale Resources reported significant progress at its Parkes Gold and Copper Project during the December 2025 quarter, completing a 12-hole Phase 2 reverse circulation drilling campaign at the London-Victoria Gold Mine that delivered the highest-grade gold intercepts recorded at the project to date, reinforcing the potential for near-term production beyond the current mineral resource. An independent structural geology study and integration of historic BHP Gold data have improved geological understanding, identifying stacked mineralised zones and confirming the system remains open along multiple directions, while regional exploration advanced with ground magnetic surveys and rock-chip sampling, and the company further de-risked its Marree Uranium Project by securing full Native Title consent and strengthened its leadership team with the appointment of David Ward as Managing Director to drive accelerated exploration in 2026.

The most recent analyst rating on (AU:ADD) stock is a Hold with a A$0.05 price target. To see the full list of analyst forecasts on Adavale Resources Limited stock, see the AU:ADD Stock Forecast page.

More about Adavale Resources Limited

Adavale Resources Limited is an Australian exploration company focused on its flagship Parkes Gold and Copper Project in the Lachlan Fold Belt of New South Wales. The company is advancing the historic London-Victoria Gold Mine, targeting extensions to its existing JORC-compliant gold resource, while also pursuing regional and greenfields prospects and maintaining exposure to uranium through its Marree Uranium Project in South Australia.

Average Trading Volume: 617,364

Technical Sentiment Signal: Sell

Current Market Cap: A$15.07M

Learn more about ADD stock on TipRanks’ Stock Analysis page.