Adavale Resources Limited

ADD

AU000000ADD1

Diversified Mining

Market Closed - Australian S.E. Other stock markets 10:19:57 08/05/2024 am IST			5-day change	1st Jan Change
0.0055 ^AUD	+10.00%		+10.00%	-21.43%

07/05	Adavale Resources Enters Agreement with Coast Exploration to Acquire EL6890	MT
02/05	Adavale Resources Concludes Maiden Exploration at Mundowdna and Mundowdna South	MT

Adavale Resources delighted with massive nickel sulphides hit

June 07, 2023 at 09:46 pm IST

(via NewsDirect)

Adavale Resources Limited (ASX: ADD) executive director David Riekie tells Proactive massive nickel sulphides over 4.15 metres have been intersected on the company’s Luhuma Central prospecting licence within the flagship Kabanga Jirani Nickel Project in Tanzania. He says the intersection validates Adavale’s exploration strategy and builds confidence in the prospectivity of their other priority target areas within the Luhuma trend.

Contact Details

Proactive Investors

Jonathan Jackson

+61 413 713 744

jonathan@proactiveinvestors.com

Latest news about Adavale Resources Limited

Adavale Resources Enters Agreement with Coast Exploration to Acquire EL6890	07/05	MT
Adavale Resources Concludes Maiden Exploration at Mundowdna and Mundowdna South	02/05	MT
Adavale Resources to Start Exploring South Australian License Areas for Uranium	16/04	MT
Adavale Resources Limited agreed to acquire Exploration License EL6553 from Kilonova Metals Pty Ltd for AUD0.17 million.	26/03	CI
Adavale Resources Limited agreed to acquire Exploration Licence 6553 from Kilonova Metals Pty Ltd.	26/03	CI
Adavale Resources to Acquire EL6553 Uranium Tenement in South Australia	26/03	MT
Adavale Resources Limited Reports Earnings Results for the Half Year Ended December 31, 2023	13/03	CI
Adavale Resources to Commence Uranium Exploration at Mundowdna Licenses; Shares Up 17%	07/02	MT
Adavale Resources Raises AU$1.5 Million for Uranium, Nickel Exploration	30/01	MT
Adavale Resources to Finalize Exploration Program at Kabanga Jirani Project	19/01	MT
Adavale Resources Finalizes Uranium-Focused Exploration at South Australia's Mundowdna and Mundowdna South	18/01	MT
Miners, Energy Drag Down Australian Shares Amid Waning Hopes on US Fed Rate Cuts	05/12	MT
Adavale Resources Secures Key Uranium License in South Australia; Shares Jump 38%	05/12	MT
Adavale Resources Finds Prospective Geology at South Australian Uranium Projects	27/11	MT
Adavale Resources Finds More Sulphide Mineralization at Luhuma Central	03/11	MT
Adavale Resources Limited Reports Earnings Results for the Full Year Ended June 30, 2023	29/23/29	CI
Adavale Resources Applies for South Australian Exploration License	25/23/25	MT
Adavale Resources' Drilling Program at Luhuma Central Intercepts Nickel Sulphides	22/23/22	MT
Adavale Resources Hits Sulfides at Luhuma Central	17/23/17	MT
Adavale Resources Raises Further AU$820,000 for Drilling in Tanzania; Shares Up 13%	21/23/21	MT
Adavale Resources Hits Sulfides at Luhuma Central Prospect; Shares Fall 7%	11/23/11	MT
Adavale Resources Hits Strong Nickel Sulphide Mineralization at Kabanga Jirani Nickel Project in Tanzania	19/23/19	MT
Adavale Resources Drills Tanzanian Nickel Project; Shares Up 17%	08/23/08	MT
RBA Rate Hike Drags Down Australian Shares	06/23/06	MT
Adavale Resources Hits Sulfides at Kabanga Jirani Project; Shares Surge 100%	06/23/06	MT

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Company Profile

Adavale Resources Limited is engaged in the business of mineral exploration for Nickel in Tanzania and Uranium in South Australia. The Company holds the Kabanga Jirani Nickel Project, a portfolio of 12 highly prospective granted licenses along the Karagwe-Ankolean belt in Tanzania. The nine southernmost licenses are proximal to the world-class Kabanga Nickel Deposit. It holds 100% of all licenses except two licenses known as the Luhuma-Farm-in are held 65% adding a further 99 square kilometers (km2) bringing the portfolio to 1,315 sq km. It also holds five granted exploration licenses prospective for their sedimentary uranium potential within the northern part of the highly prospective Northern outwash from the Flinders Ranges in South Australia. The Lake Surprise Uranium Project consists of four tenements within part of the highly prospective sedimentary uranium province in the northern part of the Lake Frome Embayment. Its assets combine has total area of an around 1,078 sq km.

Sector

Diversified Mining

Calendar

27/09/2024 - Q4 2024 Earnings Release (Projected)

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Sector Integrated Mining

	1st Jan change	Capi.
ADAVALE RESOURCES LIMITED	-21.43%	3.36M
BHP GROUP LIMITED	-13.95%	146B
RIO TINTO PLC	-5.82%	120B
GLENCORE PLC	-2.94%	71.33B
SAUDI ARABIAN MINING COMPANY (MA'ADEN)	+2.16%	48.8B
GRUPO MÉXICO, S.A.B. DE C.V.	+10.78%	48.78B
ANGLO AMERICAN PLC	+34.53%	40.77B
TECK RESOURCES LIMITED	+20.75%	26.19B
HINDUSTAN ZINC LIMITED	+48.49%	22.57B
IVANHOE MINES LTD.	+51.05%	18.44B

Integrated Mining

Adavale Resources Limited

Equities

ADD

AU000000ADD1

Diversified Mining

Adavale Resources delighted with massive nickel sulphides hit

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Latest news about Adavale Resources Limited

Chart Adavale Resources Limited

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Sector Integrated Mining