Adavale Resources Limited · ASX:ADD
Adavale Resources — Investor Presentation (May 2025)
16 slides from Adavale Resources's investor presentation, May 7, 2025
Slide 1: Targeting Gold and Copper in the Tier-1 Lachlan Fold Belt, NSW
Targeting Gold and Copper in the Tier-1 Lachlan Fold Belt, NSW INVESTOR PRESENTATION ASX: ADD May 2025
Slide 2: Important Notice & Disclaimer
Important Notice & Disclaimer ASX: ADD This presentation has been prepared by Adavale Resources Ltd (ASX:ADD).This presentation contains background information about ADD current at the date of this presentation. The presentation is in summary form, has not been independently verified and does not pu
Slide 3: Parkes Project - Investment Highlights
Parkes Project - Investment Highlights ASX: ADD 1 Transformational Acquisition ● All-Scrip Acquisition of the Parkes Project at $900k. Same vendor as the Spur project for Waratah Minerals (ASX:WTM). ● A Total Area of 354.15 km² spanning Four (4) Exploration Licences (EL’s) – including the licence wi
Slide 4: "Giants Working with Juniors" in the Lachlan Fold Belt
“Giants Working with Juniors” in the Lachlan Fold Belt ASX: ADD Over $300M in Exploration Earn-ins/JVs with Junior Explorer ● AngloGold up to A$145m earn-in deal with Inflection Resources ● AngloGold up to A$110m earn-in deal with Kincora ● FMG up to A$14m earn-in deal in the Junee-Narromine, incl f
Slide 5: London-Victoria Maiden JORC (EL7242)
London-Victoria Maiden JORC (EL7242) ASX: ADD London-Victoria (EL7242) ● Located 20km South of Northparkes Mine (ASX:EVN). ● Historic London-Victoria Gold Mine: ○ Produced c.155koz Au via open-pit mining at ~2g/t along 1.6km of strike, with higher-grade lodes, up until 1998. ○ Operators include BHP
Slide 6: London-Victoria Mine (EL7242) Resource extension potential
London-Victoria Mine (EL7242) Resource extension potential ASX: ADD High grade mineralisation at depth 1 Broader mineralisation outside of conceptual pit Infill potential 2 Delineation of exploration target now underway With further historic 3 information, a considerable proportion could be converte
Slide 7: Front Gate (EL8831) Ashes & Myalls Prospects – Early Work Completed
Front Gate (EL8831) Ashes & Myalls Prospects – Early Work Completed ASX: ADD High-priority copper-gold targets have been identified at EL8831 (located ~12km East of Northparkes Mine). Advancing Swiftly at Ashes & Myalls Prospects ● Land Access Secured Full access now in place across both prospects.
Slide 8: Ashes & Myalls Prospects – Confirmed High Grade Au, Cu & Ag Rock Chips
Ashes & Myalls Prospects – Confirmed High Grade Au, Cu & Ag Rock Chips ASX: ADD Adavale Resources’ Assays (Feb 2025) ● 10.65 g/t Au, 1.98% Cu & 158 g/t Ag (P24669) ● 7.95 g/t Au, 2.2% Cu & 96.4 g/t Ag (P24654) ● 0.74 g/t Au, 0.76% Cu & 58.9 g/t Ag (P24651) Historic High-Grade Rock Chips ● 8.8g/t Au
Slide 9: Ashes & Myalls Prospects – Rock Chip Sampling & Grid-based Geochemical Survey
Ashes & Myalls Prospects – Rock Chip Sampling & Grid-based Geochemical Survey ASX: ADD Systematic and swift exploration ● Systematic grid-based soil sampling program following up historical rock chip up to 0.86% Cu and 0.91g/t Au at Myalls and fresh assays from Ashes includes: o 10.65 g/t Au, 1.98%
Slide 10: Ashes Prospect – Induced Polarisation (IP) Survey
Ashes Prospect – Induced Polarisation (IP) Survey ASX: ADD Potential Walk-Up Drill Target Reprocessed Data by Mitre Geophysics (April 2025) Immediate opportunity for Adavale to step back to the east and target an RC/diamond drill hole into the central Previous Drilling by Meridian (2009) and AngloGo
Slide 11: Abundant Gold & Copper Prospects in the Tier-1 Lachlan Fold Belt (NSW)
Abundant Gold & Copper Prospects in the Tier-1 Lachlan Fold Belt (NSW)
Slide 12: FRONT GATE (EL8831)
FRONT GATE (EL8831) ASX: ADD Gold & Copper Targets Located in Fertile Ordovician Aged FRONT GATE LICENCE (EL8831) • Corner Prospect (EL 8831 North) • RAB drilling magnetic anomalies through cover hit 2m @ 1.73g/t Au, in a dacite dyke; probable epithermal mineralisation style. • Central Prospect (EL
Slide 13: NO MISTAKE (EL8830) & THE DISH (EL9711)
NO MISTAKE (EL8830) & THE DISH (EL9711) ASX: ADD Gold & Copper Targets Located in Fertile Ordovician Belts NO MISTAKE LICENCE (EL8830) • Welcome Mine (EL8830): average reported head grade was 11g/t Au, untested by drilling for continuation along strike, or at depth. • Parkvale Prospect (EL8830): ano
Slide 14: Milestones Catalysts
Milestones Catalysts ASX: ADD Parkes Project 3 x Rock Chip & Geochemical Survey Maiden JORC Maiden Drilling Exploration Target Phase 2 Acquisition Ashes & Myalls (5km2) London-Victoria Program London-Victoria Defined Drilling 279 grid-based soil samples & 19 rock chips (May 2025) (Q2 2025) (2H 2025)
Slide 15: Corporate Overview
Corporate Overview ASX: ADD Allan Ritchie Nic Matich ASX:ADD – Capital Structure (05 May 2025) Executive Chairman & CEO Non-Executive Director Experienced ASX/HKEx Energy and Experienced ASX Resources Shares on Issue 2,287M Resources CEO/ED/MD over 15 CEO/ED/MD with over 17 years’ years, 30+yr Inves
Slide 16: Allan Ritchie Executive Chairman and Chief Executive Officer
www.adavaleresources.com Allan Ritchie investor@adavaleresources.com Executive Chairman and Chief Executive Officer allan@adavaleresources.com Adavale Resources Limited +61 2 9127 9852 @Adavale