# Broad gold hits add weight to Adavale’s upcoming London-Victoria resource update Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/broad-gold-hits-add-weight-to-adavale-s-upcoming-london-victoria-resource-update--344e8652-daf6-4c88-b791-acc2b9e28e8d Original source: https://stockhead.com.au/resources/broad-gold-hits-add-weight-to-adavales-upcoming-london-victoria-resource-update/ Publisher: stockhead Original announcement: 2026-08-13T02:15:04.000Z Analysis by Minestarters Atlas Atlas analysis published: Unknown date Atlas analysis updated: Unknown date - Company: Adavale Resources - Ticker: ADD - Exchange: Unavailable - Region: New South Wales - Primary commodity: Gold - Secondary commodities: None reported - Document categories: Drill results, Resource update - Extracted: 2026-08-20 17:46:45 UTC Narrative sentiment: 0.70 · Bullish ## Minestarters Atlas summary Adavale Resources reported five new reverse circulation drill holes at the London-Victoria mine, all returning broad gold intercepts of at least 20m. These results demonstrate continuity and scale beneath the existing open pit and are expected to add significant volume to the upcoming mineral resource estimate. Reasoning: The drill results show broad, consistent gold intercepts that extend mineralisation beneath the existing open pit, directly supporting an upcoming resource update. - Positive factor: broad mineralised intervals - Positive factor: continuity beneath open pit - Positive factor: supports upcoming resource update Facts used in scoring: 6 ## Classification and evidence **Step-Out Extension** Polarity: positive Definition: Mineralization extended beyond the previously known limit. Why it applies: Results extend drill coverage between previously reported intersections and define continuity beneath the pit. Evidence · text > extending drill coverage between previously reported intersections **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: The drilling is described as part of a systematic resource drill-out to provide control on position and grade. Evidence · text > systematic resource drill-out beneath the 1.5km long London-Victoria open pit ## Extracted facts Stored fact records: 6. Some facts used in scoring do not have a stored record. ## Drill Results (6) ### ALRC075 [Link to this fact](https://atlas-staging.minestarters.com/news/broad-gold-hits-add-weight-to-adavale-s-upcoming-london-victoria-resource-update--344e8652-daf6-4c88-b791-acc2b9e28e8d#fact-drill-facts-0) London-Victoria · gold #### Identity - Hole ID: ALRC075 - Project: London-Victoria - Commodity: gold - Region: australia\_nsw - Reported Region: New South Wales - Ticker: ADD #### Geometry - Grade: 0.96 - Grade Unit: g/t - Intercept: 38 m - From: 142 m - To: 180 m #### Classification - Program: resource - Sample Type: drill - Group ID: ALRC075:142-180 - Mining Method: open\_pit #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-13T00:00:00.000Z Reasoning: 38m intercept at 0.96 g/t Au provides significant width. - Positive factor: broad interval Evidence · text > 38m grading 0.96g/t Au from a down-hole depth of 142m ### ALRC075 [Link to this fact](https://atlas-staging.minestarters.com/news/broad-gold-hits-add-weight-to-adavale-s-upcoming-london-victoria-resource-update--344e8652-daf6-4c88-b791-acc2b9e28e8d#fact-drill-facts-1) London-Victoria · gold #### Identity - Hole ID: ALRC075 - Project: London-Victoria - Commodity: gold - Region: australia\_nsw - Reported Region: New South Wales - Ticker: ADD #### Geometry - Grade: 1.73 - Grade Unit: g/t - Intercept: 3 m - From: 155 m - To: 158 m #### Classification - Program: resource - Sample Type: drill - Group ID: ALRC075:155-158 - Mining Method: open\_pit #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-13T00:00:00.000Z Reasoning: Higher grade sub-interval within a broad intercept. - Positive factor: higher grade sub-interval Evidence · text > including 3m at 1.73g/t from 155m in ALRC075 ### ALRC073 [Link to this fact](https://atlas-staging.minestarters.com/news/broad-gold-hits-add-weight-to-adavale-s-upcoming-london-victoria-resource-update--344e8652-daf6-4c88-b791-acc2b9e28e8d#fact-drill-facts-2) London-Victoria · gold #### Identity - Hole ID: ALRC073 - Project: London-Victoria - Commodity: gold - Region: australia\_nsw - Reported Region: New South Wales - Ticker: ADD #### Geometry - Grade: 0.87 - Grade Unit: g/t - Intercept: 38 m - From: 138 m - To: 176 m #### Classification - Program: resource - Sample Type: drill - Group ID: ALRC073:138-176 - Mining Method: open\_pit #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-13T00:00:00.000Z Reasoning: 38m intercept at 0.87 g/t Au provides significant width. - Positive factor: broad interval Evidence · text > 38m at 0.87g/t Au from 138m ### ALRC073 [Link to this fact](https://atlas-staging.minestarters.com/news/broad-gold-hits-add-weight-to-adavale-s-upcoming-london-victoria-resource-update--344e8652-daf6-4c88-b791-acc2b9e28e8d#fact-drill-facts-3) London-Victoria · gold #### Identity - Hole ID: ALRC073 - Project: London-Victoria - Commodity: gold - Region: australia\_nsw - Reported Region: New South Wales - Ticker: ADD #### Geometry - Grade: 2.16 - Grade Unit: g/t - Intercept: 7 m - From: 138 m - To: 145 m #### Classification - Program: resource - Sample Type: drill - Group ID: ALRC073:138-145 - Mining Method: open\_pit #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-13T00:00:00.000Z Reasoning: 7m at 2.16 g/t Au is a strong sub-interval. - Positive factor: strong grade sub-interval Evidence · text > including 7m at 2.16g/t from 138m in ALRC073 ### ALRC074 [Link to this fact](https://atlas-staging.minestarters.com/news/broad-gold-hits-add-weight-to-adavale-s-upcoming-london-victoria-resource-update--344e8652-daf6-4c88-b791-acc2b9e28e8d#fact-drill-facts-4) London-Victoria · gold #### Identity - Hole ID: ALRC074 - Project: London-Victoria - Commodity: gold - Region: australia\_nsw - Reported Region: New South Wales - Ticker: ADD #### Geometry - Grade: 0.9 - Grade Unit: g/t - Intercept: 27 m - From: 120 m - To: 147 m #### Classification - Program: resource - Sample Type: drill - Group ID: ALRC074:120-147 - Mining Method: open\_pit #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-13T00:00:00.000Z Reasoning: 27m intercept at 0.9 g/t Au provides significant width. - Positive factor: broad interval Evidence · text > 27m at 0.9g/t Au from 120m ### ALRC074 [Link to this fact](https://atlas-staging.minestarters.com/news/broad-gold-hits-add-weight-to-adavale-s-upcoming-london-victoria-resource-update--344e8652-daf6-4c88-b791-acc2b9e28e8d#fact-drill-facts-5) London-Victoria · gold #### Identity - Hole ID: ALRC074 - Project: London-Victoria - Commodity: gold - Region: australia\_nsw - Reported Region: New South Wales - Ticker: ADD #### Geometry - Grade: 1.22 - Grade Unit: g/t - Intercept: 16 m - From: 127 m - To: 143 m #### Classification - Program: resource - Sample Type: drill - Group ID: ALRC074:127-143 - Mining Method: open\_pit #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-13T00:00:00.000Z Reasoning: 16m at 1.22 g/t Au is a strong sub-interval. - Positive factor: strong grade sub-interval Evidence · text > including 16m at 1.22g/t from 127m in ALRC074 ## 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.