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Adavale ramps up extensional drilling to advance gold and copper projects

Story Highlights
  • Adavale Resources has launched an extensional drilling campaign with two rigs on site.
  • Regular monthly assay results will support resource expansion at its gold and copper projects.
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Adavale ramps up extensional drilling to advance gold and copper projects

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Adavale Resources Limited ( (AU:ADD) ) just unveiled an announcement.

Adavale Resources Limited has commenced an extensional drilling campaign, deploying two rigs on site and planning to deliver assay results on a monthly basis, signalling an active phase of exploration. The programme is supported by competent person-verified data for its London Victoria Gold Mine and Parkes Gold and Copper Project, underscoring the company’s effort to expand mineral resources and reinforce its position in the Australian gold and copper exploration sector.

More about Adavale Resources Limited

Adavale Resources Limited is an ASX-listed exploration company focused on metallic minerals, including gold, copper and nickel projects. Its portfolio features the London Victoria Gold Mine and the Parkes Gold and Copper Project, where the company is advancing exploration through drilling campaigns and resource definition work.

Average Trading Volume: 986,321

Technical Sentiment Signal: Strong Sell

Current Market Cap: A$14.41M

For an in-depth examination of ADD stock, go to TipRanks’ Overview page.

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