Adelong Gold's Phase 2 Exploration Program Success

Adelong Gold Limited (ASX:ADG) has successfully completed its Phase 2 exploration program at the Paraiba Tenements in northeastern Brazil. The program involved extensive stream sediment and rock chip sampling to assess the mineralisation potential of lithium and rare earth elements (REE) across the region. The results from this program are encouraging and set the stage for the next critical phase of exploration.

Adelong Gold's Managing Director, Ian Holland, on Phase 2 Exploration Results

We are encouraged by the results of this early-stage program. Identifying lithium and REE anomalies in Paraiba is a significant step in unlocking the region's potential. These findings validate our exploration strategy and have significantly narrowed our search space. The next exploration phase will be critical in moving closer to uncovering a potentially valuable lithium and REE resource.

Exploration Results and Future Outlook

Adelong Gold's Phase 2 exploration program in the Paraiba Tenements has identified potential lithium-bearing pegmatites and confirmed the presence of key rare earth pathfinders, indicating high exploration potential. The company plans a follow-up exploration program to refine and expand on the identified lithium and REE anomalies. The next phase will focus on defining subsurface pegmatite bodies with lithium mineralisation and conducting further geochemical correlation studies. The presence of REE pathfinders and nearby garimpeiro workings suggests potential for multicommodity mineralisation. Adelong remains committed to advancing its exploration efforts in this highly prospective region.