Adavale Confirms Cu-Au Porphyry Potential at Ashes Prospect.

Adavale Resources Limited (ASX: ADD) has confirmed strong potential for porphyry-related copper-gold mineralisation at the Ashes-Myalls prospect within its Parkes Project, NSW. Soil assay results from 276 geochemical samples identified high vanadium and low niobium andesitic rocks consistent with fertile porphyry Cu-Au systems. Several rock chips returned impressive grades, including up to 10.65 g/t Au and 2.2% Cu, while IP data revealed a strong chargeability anomaly yet to be properly drill tested.

Multi-element geochemical analysis aligns Ashes’ lithogeochemistry with the Northparkes deposits, further boosting its exploration appeal. Elevated V/Sc ratios and key trace elements across the Ashes area support porphyry fertility. Adavale is planning IP extensions, magnetics surveys, and a maiden drill campaign for Q2 2025. The results signal a robust mineralised system and elevate the wider Ashes prospect as a priority exploration target within the prolific Lachlan Fold Belt.

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