Adavale Resources progresses uranium exploration program in South Australia

Adavale Resources Limited (ASX:ADD) has achieved key milestones for the upcoming drilling at the MacDonnell and George Creek prospects in South Australia. The company has lodged the Program for Environment Protection and Rehabilitation (PEPR) application with the SA Department for Energy and Mining, marking progress in the statutory requirements for the aircore drill program. The program, designed to target extensions to known uranium redox boundaries, is set to commence in October 2024 with approximately 20 holes for 2,000 drill metres.

Executive commentary on uranium exploration program

Adavale's Executive Director, David Riekie, emphasized the critical nature of achieving regulatory requirements for the uranium exploration program in South Australia. He highlighted the company's ability to expand the program based on initial drilling success and the preparatory work undertaken to position Adavale for the discovery of an economic uranium deposit. Riekie also expressed the company's engagement with the Special Administrator of the Adnyamathanha Traditional Owners to facilitate access to significant exploration opportunities in the Marree Embayment Depocentre target area.

Summary of Adavale Resources' uranium exploration program

Adavale Resources (ASX:ADD) has made significant progress in its uranium exploration program, with the lodging of the PEPR application marking a key milestone. The company's upcoming aircore drill program at the MacDonnell and George Creek prospects is designed to target extensions to known uranium redox boundaries, with the potential for additional drilling based on initial results. Adavale's Executive Director highlighted the company's readiness for the program and its engagement with Traditional Owners to secure access to further exploration opportunities. The company's ambitions for the discovery of an economic uranium deposit and its ongoing efforts to expand its exploration activities reflect its strategic focus on uranium exploration in South Australia.