Adelong Gold Refocuses on Victorian Gold–Antimony Assets After Challenger Divestment

3D Resources Limited ( (AU:ADG) ) just unveiled an announcement.

Adelong Gold’s December 2025 quarter saw active drilling across its Victorian assets, with six diamond holes completed at the Lauriston Gold Project intersecting quartz-sulphide mineralisation characteristic of an epizonal gold–antimony system and visible gold noted in the Comet Shear, while drilling continued north along strike at the Yankee-Trojan prospect. At the Apollo Gold and Antimony Project, maiden drilling confirmed a coherent gold–antimony system beneath historic workings and the continuity of mineralisation, supported by regional soil and auger geochemistry that extends anomalies and generates new targets for infill sampling and future drilling. In parallel, the company agreed to sell its 49% stake in the Challenger Gold Project in New South Wales to Great Divide Mining, a move aimed at strengthening its balance sheet, eliminating funding commitments, and sharpening operational focus on its Victorian projects, as it navigates board changes without expecting an impact on key strategic relationships.

The most recent analyst rating on (AU:ADG) stock is a Hold with a A$0.01 price target. To see the full list of analyst forecasts on 3D Resources Limited stock, see the AU:ADG Stock Forecast page.

More about 3D Resources Limited

Adelong Gold Limited (ASX:ADG) is an Australian exploration company focused on gold and antimony projects, with a primary portfolio in Victoria’s historic goldfields and additional interests in New South Wales. Its activities centre on advancing the Lauriston Gold Project and the Apollo Gold and Antimony Project, targeting structurally controlled, epizonal gold–antimony systems with potential for higher-grade mineralisation at depth.

Average Trading Volume: 9,508,620

Technical Sentiment Signal: Sell

Current Market Cap: A$30.8M

For detailed information about ADG stock, go to TipRanks’ Stock Analysis page.