Articles On Adavale Resources (ASX:ADD)

Adavale Resources (ASX:ADD) poised to launch maiden uranium exploration at its Mundowdna and Mundowdna South licences in South Australia.

Stockhead’s Sarah Hughan sits down with Adavale Resources (ASX:ADD) Executive Director David Riekie to get the short end of the long story on the company’s latest news. The company is undertaking a proposed uranium acquisition where its Mun...

Adavale Resources is acquiring a 456km2 exploration licence in South Australia from Kilonova Metals New licence is adjacent to company’s existing Mundowdna South and Lake Surprise uranium project areas Historical exploration has identified...

Adavale Resources (ASX:ADD) has indicated its desire to build a continuous suite of uranium projects across northern South Australia, attaining a licence over territory close to its current Mundowdna South and Lake Surprise plays. The li...

The ASX200 is set to take a step back today, dropping about a quarter of a per cent after US markets all lost close to that amount overnight. The chipmakers all had a strong session, Micron Technology added 7 per cent, Arm gained  4 per...

Cost-saving EM data has been discovered for Mundowdna Data covers the same two licences of interest to Adavale Resources 400,000 extra data points provide strong indications of a paleochannel system   Special Report: Scores of further hi...

  Expert says buy US bonds now to lock in yields Viking Therapeutics doubled and Janux Therapeutics tripled after updates Microsoft makes another huge AI bet   The ASX is poised to open slightly higher on Wednesday after a mixed session...

Uranium has regained serious value after an extended price depression that resulted from plentiful supplies coupled with nuclear fear. While uranium is priced at over US$100 a pound, there’ve been short-lived price spikes before. Will t...

Adavale Resources pressing ahead with uranium exploration in South Australia, submitting a Notice of Entry of its intention to carry out ground ...

Adavale Resources (ASX:ADD) is looking to finalise uranium exploration and drilling programs for both the Lake Surprise and Mundowdna projects in South Australia.  The company has identified palaeochannels through high-resolution Sentine...

Adavale Resources says satellite imagery has identified paleochannels, could potentially host uranium mineralisation at its SA projects.

Stockhead’s In-Case-You-Missed-It highlights today’s most interesting small cap stories that might have slipped beneath your radar. Below is a wrap of the top 20 performing stocks, by percentage, that made announcements today.   ICYMI Leade...

Electromagnetic (EM) surveys have identified a south westerly continuation of the EM anomaly at Luhuma Central, part of Kabanga Jirani project in Tanzania Adavale says the modelled strike extent has been extended to a total of 700m Prepar...

Stockhead’s In-Case-You-Missed-It highlights today’s most interesting small cap stories that might have slipped beneath your radar. Below is a wrap of the top 20 performing stocks, by percentage, that made announcements today.   ICYMI Leade...

Adavale drilling hits higher levels of magnesium (MgO), which points to high nickel sulphide accumulations, at Luhuma Central New holes also had higher nickel tenor in massive nickel sulphide intercepts than holes to the north Results indi...

Adavale has applied to expand its Mundowdna project for another 591km2 The Mundowdna project area has significant paleochannels that are highly prospective for uranium Uranium prices are going through the roof, as nuclear energy is seen as...

Adavale Resources (ASX:ADD) has applied for an exploration licence (ELA 2023/00043), which is contiguous to and south of its existing licence EL6821.  The area applied for covers 591km-square and ‘importantly’ includes a ‘large’ recognis...

Aussie shares set to track Wall Street lower at the open CPI report will be the main focus this week What are the common mistakes for stock traders    Australian shares are poised to track Wall Street and open lower this morning. At 8am A...

Nuclear industry forecasters are more bullish than they’ve been in years with spot uranium prices hitting a decade high of US$67/lb this week. On the demand side, there’s a forecasted supply shortfall of approximately 1.5 billion pounds by...

Stockhead’s In-Case-You-Missed-It highlights today’s most interesting small cap stories that might have slipped beneath your radar. Below is a wrap of the top 20 performing stocks, by percentage, who made announcements today.   ICYMI Leader...

Assays including 55m @ 0.96% Ni, 0.12% Cu & 0.18% Co confirm previously reported pXRF readings of nickel sulphide mineralisation Luhuma Central is part of the Kabanga Jirani nickel project in Tanzania Surveys under way to define strik...

At Future of Mining and MiningNews Select conferences in Perth, there are more than 200 investor meetings, branded booths, and plenty of insights from expert panels. Reporting live from the event, The Market Herald’s Sonia Madigan is cur...

ASX 200 closes 1.3% higher, adds 1.5% for the week All Sectors in the green following strong Chinese data drop Small caps led by OZM, uranium stocks   Australian shares have risen strongly on Friday following decent overnight leads from...

Stockhead’s In-Case-You-Missed-It highlights today’s most interesting small cap stories that might have slipped beneath your radar. Below is a wrap of the top 20 performing stocks, by percentage, who made announcements today.   ICYMI Leader...

Step out drilling at Kabanga Jirani project flags 340m+ nickel sulphide mineralisation Assays have been received for 2 out of 5 holes Project is adjacent to Tier 1 Kabanga deposit part owned by BHP The Luhuma Central strike extend remains...

Stockhead’s In-Case-You-Missed-It highlights today’s most interesting small cap stories that might have slipped beneath your radar. Below is a wrap of the top 20 performing stocks, by percentage, who made announcements today.   ICYMI Leader...

While some ASX juniors’ approach to mining exploration could be classed as ‘game-watering‘ – where companies flood their commodity portfolio and rapidly snap up tenements around new, “in vogue” mineral orebodies en-masse, (thereby forcing d...

Got 90 seconds? Then listen to Executive Director, David Riekie tell us about their company news. Adavale Resources (ASX:ADD) is .

Got 90 seconds? Then listen to Executive Director, David Riekie tell us about their company news. Adavale Resources (ASX:ADD) is a junior explorer which owns the Kabanga Jirani Nickel Project, spanning seven licences across 1,145km2 in Tanz...

Adavale’s fourth hole has intersected a cumulative 21.55m of nickel sulphides, the thickest to date All four diamond holes drilled have intersected sulphides Fifth hole being planned to test the extent of the southwest extension   Adavale...

Adavale is continuing its string of successes at the Kabanga Jirani project in Tanzania with the identification of a strong off-hole conductor that indicates that mineralisation remains open along strike and at depth. The company noted that...

The ASX was higher by around 2.5% in July The best sectors were Tech and Energy We look at the best and worst performing ASX stocks for the month For the month of July, most major indexes on the ASX rose by around 2.5%. Name % Change...

Adavale Resources (ADD) has struck luck in its third drillhole at its Luhuma Central prospect in Tanzania The company is proving its geotechnical acumen with multiple nickel sulphide hits discovered Early-stage data suggests a possib...

Third time lucky as Adavale hits 7.55m of massive nickel sulphides between 261.7m and 269.25m at Luhuma Central in Tanzania, while two drill rigs continue operating across the Kabanga Jirani project. As part of its 5,000m combined DD and R...

The ASX 200 closed -0.10% in the red today, after feeling flat all day Sectors wise, Energy stocks carried the torch with enthusiasm, while Materials wasn’t let anywhere near said torch Notable performers today: pharma stock Telix (ASX:TLX...

Stockhead’s In-Case-You-Missed-It highlights some strongest performing ASX stocks that might have slipped your notice today.  It’s a short, sharp update to help frame the trading day by showing some of the biggest movers in percentage terms...

Nickel sulphide explorer Adavale Resources (ASX:ADD) is tapping investors for $4.47 million through an expanded placement and entitlement offer to support a drilling program at its Kabanga Jirani Nickel Project in Tanzania. The $12.55 milli...

Adavale has received a further $820,000 for exploration drilling at its flagship Kabanga Jirani nickel project in Tanzania, taking the total investor placement to $2.47m so far.  The company said the additional pouring in of funds will pro...

Stockhead’s In-Case-You-Missed-It highlights some strongest performing ASX stocks that might have slipped your notice today.  It’s a short, sharp update to help frame the trading day by showing some of the biggest movers in percentage terms...

Two rigs are spinning at Adavale’s Kabanga Jirani nickel project in Tanzania, where final assays are pending for a handful of holes LCL uncovers a 200m wide corridor of high-grade nickel sulphides; include nickel-rich boulders up to 1m dia...

Adavale Resources (ASX:ADD) undertaking capital raise to further fund promising Kabanga Jirani project, where massive nickel sulphides have been ...

ASX chopped about sideways, losing any slight semblance of  fizz at close: -0.063% IT, Discretionary and Industrials led sectors, while Materials lagged The day’s clear winner was Mantle Minerals, up 50% at day’s end on further exploration...

With massive nickel sulphides intersected in the first two holes at the Luhuma Central prospect within its Kabanga Jirani project, Adavale is understandably optimistic about its third hole that’s now underway. Diamond hole DDLUHC001 interse...

Explorer Adavale Resources (ASX:ADD) has confirmed the presence of massive nickel sulphides at the Luhuma Central prospect within its Kabanga Jirani Nickel Project in Tanzania, East Africa. The company, which has a $14.46 million market cap...

Preliminary assay results for two recently completed diamond drillholes at Adavale Resources’ Luhuma Central prospect within the Kabanga Jirani nickel project in Tanzania have intersected massive nickel sulphides. Drill hole DDLUHC001 retur...

The ASX will open higher today, tracking Wall Street’s gains Iron ore posted its worst day in nine months after China data StanChart says BTC could reach $50k this year, and $120k by the end of 2024   The ASX 200 index is set to open high...

Futures suggest Australian shares will open higher today, despite iron ore prices falling back to $US100 (A$149.81) a tonne. This is warm news for the local share market after suffering losses in the past four sessions. Here are some...

‘Guy on Rocks’ is a Stockhead series looking at the significant happenings of the resources market each week. Former geologist and experienced stockbroker Guy Le Page, director, and responsible executive at Perth-based financial services pr...

Earlier this month New York fund managers Leigh Goehring and Adam Rozencwajg flagged that, as quickly mobilised spot volumes become scarce, speculators could use the Sprott Physical Uranium Trust (SPUT) to push yellowcake prices sharply hig...

Adavale Resources has flagged more zones of strong nickel sulphide mineralisation at its Kabanga Jirani nickel project in Tanzania. The company intersected a 4.9m zone of blebby and heavily disseminated nickel sulphide mineralisation with...