Adavale Resources Limited

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Diversified Mining

Market Closed - Australian S.E. Other stock markets 12:11:03 2024-05-10 am EDT			5-day change	1st Jan Change
0.005 ^AUD	0.00%		-16.67%	-28.57%

May. 07	Adavale Resources Enters Agreement with Coast Exploration to Acquire EL6890	MT
May. 07	Adavale Resources Limited agreed to acquire exploration licence, EL6890 from Coast Exploration Pty Ltd for AUD0.08 million.	CI

Adavale Resources Limited Commences Exploring At Luhuma Nickel Project

February 20, 2022 at 04:01 pm EST

Adavale Resources Limited Commenced Exploring at Luhuma Nickel Project. Conditions precedent now met and provides Adavale immediate and exclusive rights to explore and evaluate the Luhuma licence area for 12 months. Staged Farm-In consideration USD 12.5k cash and USD 25k of Adavale shares per licence paid and issued to Vendor.

Ground based surveys and exploration on Luhuma Licence area adjacent to Adavale's Kabanga NE licences proceeding. Total exploration area for Adavale's nickel sulphide exploration potential now extended to cover ~1,243sqkms. Interest being generated from BHP's recent strategic investment in adjacent Licence holder's Nickel project.

Latest news about Adavale Resources Limited

Adavale Resources Enters Agreement with Coast Exploration to Acquire EL6890	May. 06	MT
Adavale Resources Limited agreed to acquire exploration licence, EL6890 from Coast Exploration Pty Ltd for AUD0.08 million.	May. 06	CI
Adavale Resources Concludes Maiden Exploration at Mundowdna and Mundowdna South	May. 01	MT
Adavale Resources to Start Exploring South Australian License Areas for Uranium	Apr. 15	MT
Adavale Resources Limited agreed to acquire Exploration License EL6553 from Kilonova Metals Pty Ltd for AUD0.17 million.	Mar. 25	CI
Adavale Resources Limited agreed to acquire Exploration Licence 6553 from Kilonova Metals Pty Ltd.	Mar. 25	CI
Adavale Resources to Acquire EL6553 Uranium Tenement in South Australia	Mar. 25	MT
Adavale Resources Limited Reports Earnings Results for the Half Year Ended December 31, 2023	Mar. 13	CI
Adavale Resources to Commence Uranium Exploration at Mundowdna Licenses; Shares Up 17%	Feb. 06	MT
Adavale Resources Raises AU$1.5 Million for Uranium, Nickel Exploration	Jan. 30	MT
Adavale Resources to Finalize Exploration Program at Kabanga Jirani Project	Jan. 19	MT
Adavale Resources Finalizes Uranium-Focused Exploration at South Australia's Mundowdna and Mundowdna South	Jan. 17	MT
Miners, Energy Drag Down Australian Shares Amid Waning Hopes on US Fed Rate Cuts	Dec. 05	MT
Adavale Resources Secures Key Uranium License in South Australia; Shares Jump 38%	Dec. 04	MT
Adavale Resources Finds Prospective Geology at South Australian Uranium Projects	Nov. 27	MT
Adavale Resources Finds More Sulphide Mineralization at Luhuma Central	Nov. 03	MT
Adavale Resources Limited Reports Earnings Results for the Full Year Ended June 30, 2023	23-09-29	CI
Adavale Resources Applies for South Australian Exploration License	23-09-24	MT
Adavale Resources' Drilling Program at Luhuma Central Intercepts Nickel Sulphides	23-09-22	MT
Adavale Resources Hits Sulfides at Luhuma Central	23-08-17	MT
Adavale Resources Raises Further AU$820,000 for Drilling in Tanzania; Shares Up 13%	23-07-21	MT
Adavale Resources Hits Sulfides at Luhuma Central Prospect; Shares Fall 7%	23-07-11	MT
Adavale Resources Hits Strong Nickel Sulphide Mineralization at Kabanga Jirani Nickel Project in Tanzania	23-06-19	MT
Adavale Resources Drills Tanzanian Nickel Project; Shares Up 17%	23-06-07	MT
RBA Rate Hike Drags Down Australian Shares	23-06-06	MT

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Company Profile

Adavale Resources Limited is engaged in the business of mineral exploration for Nickel in Tanzania and Uranium in South Australia. The Company holds the Kabanga Jirani Nickel Project, a portfolio of 12 highly prospective granted licenses along the Karagwe-Ankolean belt in Tanzania. The nine southernmost licenses are proximal to the world-class Kabanga Nickel Deposit. It holds 100% of all licenses except two licenses known as the Luhuma-Farm-in are held 65% adding a further 99 square kilometers (km2) bringing the portfolio to 1,315 sq km. It also holds five granted exploration licenses prospective for their sedimentary uranium potential within the northern part of the highly prospective Northern outwash from the Flinders Ranges in South Australia. The Lake Surprise Uranium Project consists of four tenements within part of the highly prospective sedimentary uranium province in the northern part of the Lake Frome Embayment. Its assets combine has total area of an around 1,078 sq km.

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Diversified Mining

Calendar

2024-09-26 - Q4 2024 Earnings Release (Projected)

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Sector Integrated Mining

	1st Jan change	Capi.
ADAVALE RESOURCES LIMITED	-28.57%	3.35M
BHP GROUP LIMITED	-14.88%	144B
RIO TINTO PLC	-4.06%	120B
GLENCORE PLC	+0.83%	72.4B
SAUDI ARABIAN MINING COMPANY (MA'ADEN)	+4.22%	49.78B
GRUPO MÉXICO, S.A.B. DE C.V.	+10.35%	48.3B
ANGLO AMERICAN PLC	+40.74%	42.1B
TECK RESOURCES LIMITED	+26.23%	26.86B
HINDUSTAN ZINC LIMITED	+65.91%	26.69B
IVANHOE MINES LTD.	+53.00%	18.27B

Integrated Mining