# Adavale readies resource update armed with more broad, high-grade gold results Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/adavale-readies-resource-update-armed-with-more-broad-high-grade-gold-results--e78ca13f-f805-45c6-9e1c-1862b2c93146 Original source: https://stockhead.com.au/resources/adavale-readies-resource-update-armed-with-more-broad-high-grade-gold-results/ Publisher: stockhead Original announcement: 2026-08-26T01:37:04.000Z Analysis by Minestarters Atlas Atlas analysis published: Unknown date Atlas analysis updated: Unknown date - Company: Adavale Resources - Ticker: ADD - Exchange: Unavailable - Region: Unavailable - Primary commodity: Gold - Secondary commodities: None reported - Document categories: Drill results, Resource update - Extracted: 2026-08-26 03:08:21 UTC Narrative sentiment: 0.80 · Bullish ## Minestarters Atlas summary Adavale Resources has completed its 85-hole resource drillout at the London-Victoria gold mine, with final assays confirming high-grade intercepts outside the existing resource envelope. The company is now preparing an updated Mineral Resource Estimate, expected in Q3 2026, to incorporate the new dataset. Reasoning: The final batch of assays from a major 85-hole drill program confirms high-grade gold mineralization extending beyond the current resource limits, setting the stage for a significant resource upgrade. - Positive factor: high-grade intercepts - Positive factor: step-out extension outside existing resource envelope - Positive factor: depth continuity reinforced - Positive factor: completion of 85-hole drillout Facts used in scoring: 10 ## Classification and evidence **Step-Out Extension** Polarity: positive Definition: Mineralization extended beyond the previously known limit. Why it applies: Intercepts are reported as sitting outside the modelled limits of the existing resource estimate. Evidence · text > principal intercepts again sitting outside the modelled limits of the existing 115,000oz mineral resource estimate **Bonanza Intercept** Polarity: positive Definition: Exceptionally high-grade zone, well above the deposit-type norm. Why it applies: An intercept of 5.97 g/t Au is reported. Evidence · text > including 7m at 5.97g/t ## Extracted facts Stored fact records: 10. Some facts used in scoring do not have a stored record. ## Drill Results (10) ### ALD003 [Link to this fact](https://atlas-staging.minestarters.com/news/adavale-readies-resource-update-armed-with-more-broad-high-grade-gold-results--e78ca13f-f805-45c6-9e1c-1862b2c93146#fact-drill-facts-0) London-Victoria · gold #### Identity - Hole ID: ALD003 - Project: London-Victoria - Commodity: gold - Ticker: ADD #### Geometry - Grade: 2.25 - Grade Unit: g/t - Intercept: 20.95 m - From: 278 m - To: 298.95 m #### Classification - Sample Type: drill - Group ID: ALD003:278-298.95 #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-26T00:00:00.000Z Reasoning: Broad 20.95m intercept at 2.25 g/t Au extending the known resource. - Positive factor: broad intercept - Positive factor: outside existing limits Evidence · text > 20.95m at 2.25g/t Au from 278m ### ALD003 [Link to this fact](https://atlas-staging.minestarters.com/news/adavale-readies-resource-update-armed-with-more-broad-high-grade-gold-results--e78ca13f-f805-45c6-9e1c-1862b2c93146#fact-drill-facts-1) London-Victoria · gold #### Identity - Hole ID: ALD003 - Project: London-Victoria - Commodity: gold - Ticker: ADD #### Geometry - Grade: 3.69 - Grade Unit: g/t - Intercept: 10 m - From: 278 m - To: 288 m #### Classification - Sample Type: drill - Group ID: ALD003:278-288 #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-26T00:00:00.000Z Reasoning: High-grade component within the broader ALD003 intercept. - Positive factor: high-grade sub-interval Evidence · text > 10m at 3.69g/t from 278m ### ALD003 [Link to this fact](https://atlas-staging.minestarters.com/news/adavale-readies-resource-update-armed-with-more-broad-high-grade-gold-results--e78ca13f-f805-45c6-9e1c-1862b2c93146#fact-drill-facts-2) London-Victoria · gold #### Identity - Hole ID: ALD003 - Project: London-Victoria - Commodity: gold - Ticker: ADD #### Geometry - Grade: 1.84 - Grade Unit: g/t - Intercept: 5 m - From: 292 m - To: 297 m #### Classification - Sample Type: drill - Group ID: ALD003:292-297 #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-26T00:00:00.000Z Reasoning: Lower grade sub-interval within the ALD003 intercept. Evidence · text > 5m at 1.84g/t from 292m ### ALRC080 [Link to this fact](https://atlas-staging.minestarters.com/news/adavale-readies-resource-update-armed-with-more-broad-high-grade-gold-results--e78ca13f-f805-45c6-9e1c-1862b2c93146#fact-drill-facts-3) London-Victoria · gold #### Identity - Hole ID: ALRC080 - Project: London-Victoria - Commodity: gold - Ticker: ADD #### Geometry - Grade: 1.01 - Grade Unit: g/t - Intercept: 39 m - From: 140 m - To: 179 m #### Classification - Sample Type: drill - Group ID: ALRC080:140-179 #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-26T00:00:00.000Z Reasoning: Wide 39m intercept providing continuity. - Positive factor: broad intercept Evidence · text > ALRC080 returned 39m at 1.01g/t Au from 140m ### ALRC080 [Link to this fact](https://atlas-staging.minestarters.com/news/adavale-readies-resource-update-armed-with-more-broad-high-grade-gold-results--e78ca13f-f805-45c6-9e1c-1862b2c93146#fact-drill-facts-4) London-Victoria · gold #### Identity - Hole ID: ALRC080 - Project: London-Victoria - Commodity: gold - Ticker: ADD #### Geometry - Grade: 2.01 - Grade Unit: g/t - Intercept: 6 m - From: 140 m - To: 146 m #### Classification - Sample Type: drill - Group ID: ALRC080:140-146 #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-26T00:00:00.000Z Reasoning: High-grade component within ALRC080. - Positive factor: high-grade sub-interval Evidence · text > 6m at 2.01g/t from 140m ### ALRC080 [Link to this fact](https://atlas-staging.minestarters.com/news/adavale-readies-resource-update-armed-with-more-broad-high-grade-gold-results--e78ca13f-f805-45c6-9e1c-1862b2c93146#fact-drill-facts-5) London-Victoria · gold #### Identity - Hole ID: ALRC080 - Project: London-Victoria - Commodity: gold - Ticker: ADD #### Geometry - Grade: 1.21 - Grade Unit: g/t - Intercept: 8 m - From: 169 m - To: 177 m #### Classification - Sample Type: drill - Group ID: ALRC080:169-177 #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-26T00:00:00.000Z Reasoning: Lower grade component within ALRC080. Evidence · text > 8m at 1.21g/t from 169m ### UNKNOWN [Link to this fact](https://atlas-staging.minestarters.com/news/adavale-readies-resource-update-armed-with-more-broad-high-grade-gold-results--e78ca13f-f805-45c6-9e1c-1862b2c93146#fact-drill-facts-6) London-Victoria · gold Needs review: ungrounded #### Identity - Hole ID: UNKNOWN - Project: London-Victoria - Commodity: gold - Ticker: ADD #### Geometry - Grade: 5.27 - Grade Unit: g/t - Intercept: 8 m - From: 202 m - To: 210 m #### Classification - Sample Type: drill - Group ID: UNKNOWN:202-210 #### Review - Needs Review: Yes - Review Reason: ungrounded - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-26T00:00:00.000Z Reasoning: High-grade intercept of 5.27 g/t Au. - Positive factor: Bonanza Intercept Evidence · text > 8m at 5.27g/t Au from 202m ### UNKNOWN [Link to this fact](https://atlas-staging.minestarters.com/news/adavale-readies-resource-update-armed-with-more-broad-high-grade-gold-results--e78ca13f-f805-45c6-9e1c-1862b2c93146#fact-drill-facts-7) London-Victoria · gold Needs review: ungrounded #### Identity - Hole ID: UNKNOWN - Project: London-Victoria - Commodity: gold - Ticker: ADD #### Geometry - Grade: 5.97 - Grade Unit: g/t - Intercept: 7 m - From: 202 m - To: 209 m #### Classification - Sample Type: drill - Group ID: UNKNOWN:202-209 #### Review - Needs Review: Yes - Review Reason: ungrounded - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-26T00:00:00.000Z Reasoning: Very high grade component within the 8m intercept. - Positive factor: Bonanza Intercept Evidence · text > including 7m at 5.97g/t ### ALRC081 [Link to this fact](https://atlas-staging.minestarters.com/news/adavale-readies-resource-update-armed-with-more-broad-high-grade-gold-results--e78ca13f-f805-45c6-9e1c-1862b2c93146#fact-drill-facts-8) London-Victoria · gold #### Identity - Hole ID: ALRC081 - Project: London-Victoria - Commodity: gold - Ticker: ADD #### Geometry - Grade: 1.38 - Grade Unit: g/t - Intercept: 17 m - From: 295 m - To: 312 m #### Classification - Sample Type: drill - Group ID: ALRC081:295-312 #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-26T00:00:00.000Z Reasoning: Moderate grade intercept. Evidence · text > ALRC081 returned 17m at 1.38g/t Au from 295m ### ALRC081 [Link to this fact](https://atlas-staging.minestarters.com/news/adavale-readies-resource-update-armed-with-more-broad-high-grade-gold-results--e78ca13f-f805-45c6-9e1c-1862b2c93146#fact-drill-facts-9) London-Victoria · gold #### Identity - Hole ID: ALRC081 - Project: London-Victoria - Commodity: gold - Ticker: ADD #### Geometry - Grade: 3.24 - Grade Unit: g/t - Intercept: 5 m - From: 306 m - To: 311 m #### Classification - Sample Type: drill - Group ID: ALRC081:306-311 #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-26T00:00:00.000Z Reasoning: High-grade component within ALRC081. - Positive factor: high-grade sub-interval Evidence · text > including 5m at 3.24g/t from 306m ## How Atlas produces this analysis Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.