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2,606.20
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36.58
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92.9
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17,369.09
(0.75%)
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41,393.78
(0.72%)
Nikkei 225
36,581.76
(-0.68%)
FTSE 100
8,273.09
(0.39%)
USD/AUD
0.6611
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54,860.55
(0.68%)
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69.24
(0.39%)
Gold
2,606.20
(0.99%)
Lithium
36.58
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Iron Ore
92.9
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Hang Seng
17,369.09
(0.75%)
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41,393.78
(0.72%)
Nikkei 225
36,581.76
(-0.68%)
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8,273.09
(0.39%)
USD/AUD
0.6611
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54,860.55
(0.68%)
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69.24
(0.39%)
Gold
2,606.20
(0.99%)
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36.58
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Iron Ore
92.9
(-1.96%)
Hang Seng
17,369.09
(0.75%)
Dow Jones
41,393.78
(0.72%)
Nikkei 225
36,581.76
(-0.68%)
FTSE 100
8,273.09
(0.39%)
USD/AUD
0.6611
(-0.36%)
Bitcoin
54,860.55
(0.68%)
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69.24
(0.39%)
Gold
2,606.20
(0.99%)
Lithium
36.58
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Iron Ore
92.9
(-1.96%)
Hang Seng
17,369.09
(0.75%)
Dow Jones
41,393.78
(0.72%)
Nikkei 225
36,581.76
(-0.68%)
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8,273.09
(0.39%)
USD/AUD
0.6611
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54,860.55
(0.68%)
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69.24
(0.39%)
Gold
2,606.20
(0.99%)
Lithium
36.58
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Iron Ore
92.9
(-1.96%)
Hang Seng
17,369.09
(0.75%)
Dow Jones
41,393.78
(0.72%)
Nikkei 225
36,581.76
(-0.68%)
FTSE 100
8,273.09
(0.39%)
USD/AUD
0.6611
(-0.36%)
Bitcoin
54,860.55
(0.68%)
Oil
69.24
(0.39%)
Gold
2,606.20
(0.99%)
Lithium
36.58
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Iron Ore
92.9
(-1.96%)
Hang Seng
17,369.09
(0.75%)
Dow Jones
41,393.78
(0.72%)
Nikkei 225
36,581.76
(-0.68%)
FTSE 100
8,273.09
(0.39%)
USD/AUD
0.6611
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54,860.55
(0.68%)
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69.24
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Gold
2,606.20
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Lithium
36.58
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Iron Ore
92.9
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Hang Seng
17,369.09
(0.75%)
Dow Jones
41,393.78
(0.72%)
Nikkei 225
36,581.76
(-0.68%)
FTSE 100
8,273.09
(0.39%)
USD/AUD
0.6611
(-0.36%)
Bitcoin
54,860.55
(0.68%)
Oil
69.24
(0.39%)
Gold
2,606.20
(0.99%)
Lithium
36.58
(-3.5%)
Iron Ore
92.9
(-1.96%)
Hang Seng
17,369.09
(0.75%)
Dow Jones
41,393.78
(0.72%)
Nikkei 225
36,581.76
(-0.68%)
FTSE 100
8,273.09
(0.39%)
USD/AUD
0.6611
(-0.36%)
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54,860.55
(0.68%)
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69.24
(0.39%)
Gold
2,606.20
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36.58
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Iron Ore
92.9
(-1.96%)
Hang Seng
17,369.09
(0.75%)
Dow Jones
41,393.78
(0.72%)
Nikkei 225
36,581.76
(-0.68%)
FTSE 100
8,273.09
(0.39%)
USD/AUD
0.6611
(-0.36%)
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54,860.55
(0.68%)
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69.24
(0.39%)
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2,606.20
(0.99%)
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36.58
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Iron Ore
92.9
(-1.96%)
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17,369.09
(0.75%)
Dow Jones
41,393.78
(0.72%)
Nikkei 225
36,581.76
(-0.68%)
FTSE 100
8,273.09
(0.39%)
USD/AUD
0.6611
(-0.36%)
Bitcoin
54,860.55
(0.68%)
Oil
69.24
(0.39%)
Gold
2,606.20
(0.99%)
Lithium
36.58
(-3.5%)
Iron Ore
92.9
(-1.96%)
Hang Seng
17,369.09
(0.75%)
Dow Jones
41,393.78
(0.72%)
Nikkei 225
36,581.76
(-0.68%)
FTSE 100
8,273.09
(0.39%)
USD/AUD
0.6611
(-0.36%)
Bitcoin
54,860.55
(0.68%)
Oil
69.24
(0.39%)
Gold
2,606.20
(0.99%)
Lithium
36.58
(-3.5%)
Iron Ore
92.9
(-1.96%)
Hang Seng
17,369.09
(0.75%)
Dow Jones
41,393.78
(0.72%)
Nikkei 225
36,581.76
(-0.68%)
FTSE 100
8,273.09
(0.39%)
USD/AUD
0.6611
(-0.36%)
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54,860.55
(0.68%)
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69.24
(0.39%)
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2,606.20
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92.9
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(-0.68%)
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69.24
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2,606.20
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92.9
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92.9
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2,606.20
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36.58
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Iron Ore
92.9
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41,393.78
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Nikkei 225
36,581.76
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FTSE 100
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USD/AUD
0.6611
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69.24
(0.39%)
Gold
2,606.20
(0.99%)
Lithium
36.58
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Iron Ore
92.9
(-1.96%)

Adavale Resources (ASX: $ADD) to commence drilling for uranium in South Australia

Adavale Resources Limited (ASX: $ADD) announces commencement of uranium drilling program


Adavale Resources Limited (ASX: $ADD) is set to commence an extensive aircore drilling program in South Australia after acquiring 100% interests in EL6553 from Kilonova Metals Pty Ltd. The program will focus on testing previous uranium results at the MacDonnell Creek and George Creek prospects within the Marree Embayment. The drilling and survey contracts are being finalized, with the stage one drilling targeting paleochannel extensions and uranium redox boundaries at the mentioned prospects.

Executive Director's Commentary on Uranium Drilling Program


We are finalizing the heritage clearances and associated administration requirements to enable us to shortly commence a cost-effective aircore drilling program at MacDonnell and George Creek. While the historical drilling outlined the general uranium prospectivity, our current program of up to 40 holes is anticipated to trace, extend, and test the uranium redox boundaries that were previously intersected. The average depth of the holes will be around 100m, and testing will be conducted on site using pXRF and subsequently verified by laboratory-based assays.

Summary of Adavale's Uranium Drilling Program


Adavale Resources Limited (ASX: $ADD) is rapidly progressing towards an extensive aircore drilling program in South Australia to test uranium potential in the Marree Embayment. The company's focus on the MacDonnell Creek and George Creek prospects aims to trace, extend, and test the uranium redox boundaries previously intersected. The program includes infill drilling to confirm and extend previous uranium mineralization, as well as broader spaced drilling to generate new target areas within the uranium-rich paleochannel. Adavale's ambitions are supported by the acquisition of 100% interests in EL6553 and the application for a large uranium project area east of Ceduna in South Australia, demonstrating the company's commitment to expanding its uranium portfolio and exploring new opportunities in the region.

ADAVALE RESOURCES LIMITED
ADD | ASX | Materials
0.00250(+0%)
At close 19/09 (AEDT)
Market cap
$3.1M
Volume
0
DY Yield
0
PE Ratio
0
52 Week Range
0 - 0.018
1YR Return
-97.5%

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