Adavale Resources reports new gold intercepts beneath London‑Victoria pit

Adavale Resources (ASX:ADD) announced assay results from 11 reverse‑circulation holes totalling 2,394 m drilled at its London‑Victoria gold mine in New South Wales. The latest batch demonstrates continued gold mineralisation beneath the 1.5 km‑long open pit, with intercepts spanning roughly 700 m of strike across the northern, central and southern sections of the deposit.

The most significant result is a 31‑metre intercept grading 1.29 g/t gold (ALRC070) that starts just 16 m below the pit floor, indicating shallow mineralisation that could be accessed early in a future pit cut‑back. Other notable intersections include 30 m at 0.80 g/t (ALRC060), 44 m at 0.62 g/t (ALRC061), 5 m at 1.99 g/t (ALRC062) and 7 m at 1.70 g/t (ALRC068). Managing Director David Ward said the results reinforce the systematic drill‑out programme and will be incorporated into the geological model ahead of a planned Mineral Resource update due this quarter.