Adavale Confirms Wide Gold Intercepts at London Victoria

Adavale Resources Limited (ASX: ADD) announced that at the time of writing, maiden drilling at the London Victoria Gold Mine in New South Wales has delivered the strongest gold intercepts in over three decades. Key results include 48m at 0.82g/t Au from 133m, with higher-grade zones such as 25m at 1.17g/t Au from 144m. These results extend mineralisation more than 100m below the existing pit floor and highlight strong potential to expand beyond the current JORC resource of 3.14Mt at 1.06g/t Au for 107koz.

A structural geology team is conducting mapping to refine the deposit model, while magnetic survey planning is underway to guide future drilling. Phase 2 drilling, scheduled for Q4 2025, will test extensions beneath the pit and along strike. Adavale expects to release an updated JORC resource in 2026 alongside scoping and metallurgical studies.

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