Project 15 statements
The deposit 9
Key takeaway. Management describes the deposit as a gold and copper project with epithermal dome opportunities.
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The company reports a maiden resource of 116,000 ounces, and notes they chose to highlight 107,000 ounces at a higher cutoff grade. Beyond the current resource, management says they hold five greenfield exploration licenses for gold and copper, where they hope to "find a nice discovery hole or two," and also point to London Victoria, a former BHP gold mine, as a brownfields small-scale mining opportunity.
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Jurisdiction 2
Key takeaway. Management noted that the company's operations are located in the state of New South Wales, Australia (December 2025).
Technical risk 4
Key takeaway. Management says the key technical assumption underpinning its approach is a tele viewer method, which it expects to maximise learnings from each drill hole (December 2025).
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The company also assumes potential drilling targets exist at 200-metre depths and that epithermal dome opportunities lie in a poor-free country, though it does not specify what technical risks might invalidate those assumptions.
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Economics 5 statements
Economics 4
Key takeaway. Management of Adavale Resources says its initial phase one exploration program cost about $350,000 and included nearly 14 holes all-in, and that the planned phase two program is expected to be about the same price.
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The company reports both figures in reference to December 2025 plans.
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Financing 1
Timeline 4 statements
Timeline 4
Key takeaway. Adavale Resources management reports that the company acquired the project about nine months ago, as of December 2025.
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According to management, phase one drilling has been completed and phase two drilling is now underway as of that same date.
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Corporate 11 statements
Management 6
Key takeaway. Management of Adavale Resources points to a team with relevant experience: David Ward worked for the former operator of the London Victoria mine and has experience in the Lachlan Fold Belt, while Alan Richie is an investment banker…
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specializing in energy and resources for nearly three decades (Dec 2025). The company also notes its directors take shares only as part of their directorship package, and reports that it completed a maiden JORC resource of 116,000 ounces and phase one drilling within 9 months (Dec 2025).
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Market 1
Sources 1 interview
Every interview 1
| Date | Channel | Interview | Statements |
|---|---|---|---|
| 10 Dec 2025 | Crux Investor | Adavale Resources (ASX:ADD) - Rapid Value Creation With More Drill Results Coming | 35 |
What else those interviews covered
Every other asset named in the same recordings, by how many of them named it — the company's coverage context, not its holdings. Where the name is another company we hold a record for, it links to it.
Questions people ask
What is Adavale Resources's project and where is it?
Adavale Resources is a explorer mining company, with a project stated to be in New South Wales, Australia. Everything here is drawn from its executives' own interviews.
Which interviews mention Adavale Resources?
We track 1 interview mentioning Adavale Resources, across 1 channel (Crux Investor).
What are investors saying about Adavale Resources?
No independent commentary is on record yet — so far the page carries only the company's own voice.
What do recent interviews with Adavale Resources cover?
The most-discussed topics on record are the deposit, management, economics, timeline — each claim quoted and dated in the sections above.