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Adavale Resources (ASX:ADD) is digging for gold in all the right places!
June 3, 2025
Adavale Resources, ADD
Adavale Resources (ASX:ADD)
We talked to Allan Ritchie, Executive Chairman of Adavale Resources (ASX:ADD), about his company’s new Lachlan Fold Belt gold projects near Parkes in central New South Wales.
For only $900,000 in scrip Adavale has picked up 354 sq km of ground that includes the historic London-Victoria Mine, in an area adjacent to Evolution Mining’s Northparkes mines and along the zone from Newmont’s venerable Cadia Mine.
A maiden JORC resource has recently been declared for London-Victoria and Adavale is expecting good things from the nearby Ashes Prospect.
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