Adavale Resources

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Parkes - NSW Copper & Gold

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Parkes - NSW Gold & Copper

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Welcome to Adavale Resources

Adavale Resources achieved a key milestone at its Parkes Project in NSW on 

, announcing the establishment of a maiden 

The independently verified resource estimate confirmed 

 defined and within this estimate there is a higher-grade mineralised total of 

The estimate defines mineralisation within a shallow, conceptual open pit, which extends no more than 100 metres below the existing pit floor, confirming the deposit’s near-surface, open-pit potential. 

There is potential to expand the resource base along strike and at depth, with a shallow RC drilling campaign

Mineralisation for London-Victoria remains open along strike and at depth.

Several historical drill intercepts were not included in the current estimate, highlighting the strong upside potential from additional drilling.

A resource extension drilling program is planned to support a future transition toward production.

An exploration target is expected next, outlining additional tonnage and grade potential outside the current MRE boundary.

The Parkes Project consists of nine major exploration licences – each with key targets:

 An independently verified resource estimate confirmed 115koz Au defined and within this estimate there is a higher-grade mineralised total of 3.14Mt at 1.06g/t Au for 107koz

Adavale’s recent maiden drill campaign achieved the strongest gold intercept in 30 years, which also extended beyond the JORC resource, noting

EL 8830 – Parkvale, Cunich & Welcome Mine Prospects:

 Demonstrating gold and copper anomalies throughout, with rock chips showing up to 

a recently granted tenement with unexplored opportunity neighbouring giants. Limited exploration carried out by Compass Resources in 2007 (7 holes; 48-96m depth); discontinued as Company went into Administration

 With recent rock chip samples demonstrating as high as

, located close to the neighbouring Northparkes with a north-striking anomaly 200m in length.

 Hosting quartz veins (in andesite) with assays of 

: Adjacent to Magmatic’s (ASX:MAG) recent drilling at Blackridge, which intersects with the Southeastern tip of EL8831 

drill intercept over a magnetic anomaly – 2m at 1.73 g/t Au, anomalous levels of arsenic and gold in 40% of the holes drilled. The gold-arsenic association at this prospect could be indicative of epithermal mineralisation

 a magnetite-veined lithic tuff where historical RAB hole, found up to 0.16 ppm Au, most likely of hydrothermal origin, and the area has the potential to be the top of a porphyry copper system.

EL 8831 North – Northern Diorite Prospect:

 intersected 4m @ 0.21 ppm Au and 1230ppm Cu in diorite, potentially indicating structurally-controlled or porphyry copper-style mineralisation.

Ashes & Myalls – fresh rockchip assays and modern grid-based geochemical survey

This is the template for systematic and swift surveys acorss all prospects at the Parkes project

Located in New South Wales and only a few hours drive from Sydney, the famous Lachlan Fold Belt hosts some of Australia’s largest gold and copper deposits, including 

Adavale’s latest acquisition, the Parkes Project, lies at the intersection of the 

, which is a significant geological corridor that offers 

structurally-controlled gold and porphyry copper-gold mineralisation

The area’s geology is similarly favourable to that of neighbouring world-class assets, such as the 

With Adavale's Parkes Project tenure now spanning 610m² in the Lachlan Fold Belt, the Company is focused on translating its growing footprint into resource growth and project advancement. Key near-term priorities include:

Continued systematic drilling at London Victoria to grow and upgrade the Mineral Resource

Advancing high-priority targets across the expanded tenure using modern geophysical and geochemical techniques

) that covers a total area of ~610 km2 across 

 strategically located within the Macquarie Arc of the Lachlan Fold Belt – a Tier-1 mining jurisdiction, and 

Adavale completed the all-scrip acquisition of the first 4 licences including the 

 of Parkes Gold-Copper Project in late-January of 2025, establishing its presence as a 

In June of 2026 Adavale added a further all-scrip acquisition of 3 EL's plus the 

 consolidating the Southern portion of the Parkes Thrust.
