Adavale Resources Ltd
Adavale Resources Limited is engaged in the business of mineral exploration in Australia for gold and uranium and Tanzania for nickel.
The business
Adavale Resources Limited is engaged in the business of mineral exploration in Australia for gold and uranium and Tanzania for nickel. Its Gold and Copper Project in Parkes consists of five granted exploration licenses that are highly prospective for Au-Cu, located adjacent to the giant Northparkes copper-gold mine. It holds the Kabanga Jirani Nickel Project, a portfolio of 13 granted licenses along the Karagwe-Ankolean belt in Tanzania. The nine southernmost licenses are proximal to the Kabanga Nickel Deposit. It holds 100% of all licenses, except two licenses known as the Luhuma-Farm-in are held at 65%, adding 99 km2, bringing the portfolio to 1,315 sq km. It also holds five granted exploration licenses prospective for its sedimentary uranium potential within the northern part of the Northern outwash from the Flinders Ranges in South Australia and four exploration license applications east of Ceduna on the Eyre Peninsula, increasing its uranium tenement holdings to 4,959 km2.
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Latest news
Adavale Resources identifies major gold-copper-silver target at Parkes project’s Ashes prospect
Adavale Resources (ASX: ADD) has identified some significant exploration targets at its Parkes project in New South Wales. Newly reprocessed induced polarisation (IP) geophysics data has upgraded a sizeable gold-copper-silver target at the Ashes prospect at Parkes. Adavale has multiple exploration activities underway at Parkes, with key projects and milestones including further geochemical survey and […]
Adavale Resources targets extensive uranium deposits on Eyre Peninsula
Adavale Resources (ASX: ADD) has applied for a large uranium project area east of Ceduna, along the Eyre Peninsula in South Australia. The four exploration licence applications (ELAs) cover 2,446 square kilometres and were selected following an extensive review of the region’s known palaeochannel systems. They target sandstone-hosted uranium mineralisation, which may also be associated […]
Adavale Resources granted ex-BHP tenements near Kabanga nickel project
Australia’s Adavale Resources (ASX: ADD) has been granted two new nickel sulphide tenements adjoining the world-class Kabanga nickel project in Tanzania. The country’s Ministry of Minerals and Mining Commission officially granted the Kabanga North and Kabanga North East tenements, covering 400 square kilometres along the Karagwe-Ankolean system, two months after Adavale submitted its applications. The […]
Adavale Resources applies for former BHP tenements adjoining renowned Kabanga nickel project
After submitting several applications, Adavale Resources (ASX: ADD) is hoping to get its hands on tenements adjoining the world renowned Kabanga nickel sulphide project in Tanzania that were previously owned by BHP (ASX: BHP). The tenement applications are part of Adavale’s recently announced new strategic direction to lock-in assets that feed the surging lithium-ion battery […]
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