Adavale Resources has intersected broad gold mineralisation from five further reverse circulation drill holes totalling 1,110 metres beneath the historical 1.5-kilometre-long London-Victoria open pit in New South Wales.

All five holes returned reportable gold intervals of at least 20 metres in width. Highlights include hole ALRC075 with 38 metres at 0.96 g/t gold from 142 metres, including 6 metres at 1.25 g/t gold, 3 metres at 1.73 g/t gold, and 10 metres at 1.16 g/t gold from 162 metres.

Additional significant intercepts include hole ALRC073 returning 38 metres at 0.87 g/t gold from 138 metres, including 7 metres at 2.16 g/t gold, and hole ALRC074 returning 27 metres at 0.90 g/t gold from 120 metres, including 16 metres at 1.22 g/t gold. Hole ALRC071 intersected 20 metres at 0.95 g/t gold from 149 metres.

“This batch is valuable because it links broad gold intervals across adjacent drill sections and at increasing depth beneath the pit. The repeated intersections in ALRC073, ALRC074 and ALRC075 reinforce the scale and internal consistency of the mineralised corridor. Importantly, mineralisation intersected in many of these holes will be adding significant volume to the inventory for the upcoming Mineral Resource Estimate update due in the coming weeks.”

— David Ward, Managing Director

Adavale expects to release an updated Mineral Resource Estimate for the London-Victoria project during the current quarter. Assay results for a further ten completed drill holes are currently being processed and are expected to be released in the coming weeks.

Read the full announcement: New Drilling Returns More Gold at London-Victoria