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Adavale Resources Limited ( (AU:ADD) ) has provided an update.
Adavale Resources Limited announced promising results from its maiden drilling program at the London Victoria Gold Mine, revealing significant shallow high-grade gold intercepts. The findings suggest substantial potential for resource expansion, with mineralisation extending over 1.4km of strike. The company plans further drilling to explore extensions beneath existing pits and along strike, aiming to enhance resource growth and shareholder value.
More about Adavale Resources Limited
Adavale Resources Limited is an Australian junior explorer focused on gold and copper in the Lachlan Fold Belt of New South Wales.
Average Trading Volume: 861,675
Technical Sentiment Signal: Sell
Current Market Cap: A$5.3M
Learn more about ADD stock on TipRanks’ Stock Analysis page.