Articles On Adavale Resources (ASX:ADD)

Adavale Resources (ADD) takes the next step towards drilling at its Lake Surprise uranium project in South AustraliaThe company says it has submitted its radiation management plan to the SA Department of Energy and Mining — the final enviro...

Adavale Resources (ASX:ADD) expects to shortly release an expanded drill targeting generation and prioritisation overview before carrying out ...

13 resources stocks made gains of over 100% in August – a huge jump from June (1) and July (3) Rare earths and lithium stocks dominated top 50 Copper explorer Cobre  backed up July’s sector-leading 231% gain with another 435% in August  ...

Lithium, two years ago, was unloved. Then, a sudden but completely foreseeable realisation that we didn’t have enough to feed the EV thematic sparked massive price rises, which encouraged investment, which has now inspired fresh exploration...

Small cap index up 1.1%, stronger than benchmark, but both do good, run hard.   Wall Street snaps 3-day losing streak, China could be back in stimmy mode Uranium’s gone insanium   The ASX 200 is up 0.7% and the Emerging Companies (XEC) in...

Samso chats with Adavale Resources executive director David Riekie. Adavale holds 100% of the Kabanga Jirani Nickel Project consisting of six granted ...

Adavale Resources is taking to the skies, launching a helicopter-borne electromagnetic survey at its Kabanga Jirani and Luhuma nickel projects in ...

Adavale Resources (ADD) receives binding commitments to raise $1.8 million via a share placement The funds will be raised through the issue of more than 90 million new fully-paid ordinary shares to new sophisticated investors at a price of...

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 prov...

ASX 200 is flat Small Caps index is flatter, let’s call it tepid Lots of fun rumours to dissect   So the Hang Seng Tech index lost nearly 2% when it opened this morning. And while most major indices across the Asia-Pacific ‘hood were inde...

Adavale Resources (ADD) enters into a trading halt ahead of a capital raise So far, there is no detail on how much the company is aiming to raise or where it plans to spend the money The halt puts company shares into a pause until Wednesda...

Adavale Resources has finalised nine areas for its helicopter Electro-Magnetic (EM) survey over the Kabanga Jirani Nickel Project in East Africa.  The nine areas cover 18 out of 32 anomalies identified from a recent gravity survey of the co...

The ASX 200 closed higher and small caps lower as investors sought for bargains amid the Wednesday resources wreck. Overnight in New York, the Dow Jones closed 0.2% ahead as the US jobs market continued to display especial vigour. The S&amp...

CPN is on the cusp of a potential ‘significant’ nickel-copper-PGE discovery  CHN hits a new nickel-copper-PGE sulphide zone only 10km from Gonneville Iron ore play GEN signs new deal with Anglo American  Here are the biggest resources win...

Adavale Resources has wrapped up a ground-based gravity survey program at its Kabanga Jirani and Luhuma nickel projects in Tanzania which has identified a total of 32 discrete gravity targets for a strike length of around 55kms. The survey...

Adavale is ticking off the required clearances and approvals to get drilling underway at its Lake Surprise uranium project in South Australia. The Work Area Clearance (WAC) was granted in May 2022 for the scope of the proposed works and the...

Adavale Resources (ADD) moves through the approval process ahead of planned drilling at its Lake Surprise uranium project in South Australia Following clearance for the scope of the proposed works, ADD dispatched a notice of entry to the D...

Cheap iron ore play Pearl Gull Iron up 70% on no news Charger Metals says “large lithium system confirmed!” at Lake Johnston project Adavale Resources uncovers 14 previously unknown and untouched nickel targets Here are the biggest small...

Gravity doesn’t just hold our planet together, it has also proven to be a valuable tool for Adavale in its search for nickel across its extensive Tanzanian landholding. To date, the ground-based gravity survey has discovered 14 new and unt...

Adavale continues to progress its Kabanga Jirani project in Tanzania with chairman Grant Pierce currently in the country for an extended operational and stakeholder engagement visit. Pierce will update government officials on the company’s...

Adavale Resources (ADD) encounters positive results from the recent gravity survey at its Kabanga Jirani Project in Tanzania Surveying began in mid-March with an initial focus on the Luhuma corridor following the results from two smaller g...

Cheap ASX uranium stocks now in demand as spot price hits $US60/lb US may ban its nuclear power plants from buying enriched uranium from Russia Projected uranium supply shortfall just keeps getting bigger On March 11 the uranium spot pric...

Gravity surveying has already proven a game changer for nickel explorer Adavale Resources at its Kabanga Jirani project in Tanzania. Little wonder then that Adavale Resources (ASX:ADD) has launched a major survey over 1000km2 of its expansi...

ASX to fall, Nasdaq shaves another 2% Wall Street was mainly lower overnight, as the tech heavy Nasdaq index slipped another 2% following its 2% fall on Friday. The S&P 500 index also closed lower by 0.74%, while the Dow finished flat....

Adavale has pulled the trigger on nickel sulphide exploration at the Luhuma licences in Tanzania after meeting all conditions relating to its farm-in agreement. Work is now underway on ground-based such as soil sampling, down-hole electroma...

We need a whole lot more nickel than we currently mine to fill the order books of the world’s electric carmakers. That has brought Indonesia, previously seen as a class 2 nickel-only sort of jurisdiction, into play as an EV metals hub. Whil...

Prices for rare earths neodymium and praseodymium have exploded to record highs Chinese rare earth company swoops on Aussie junior Peak Rare Earths (ASX:PEK) Desperate battery makers continue buying lithium at any price Our High Voltage c...

Adavale Resources (ADD) receives encouraging uranium geochemistry results from its Lake Surprise project in South Australia Results come from fieldwork undertaken in the final quarter of 2021, which included a gamma survey The company says...

Adavale has kicked off its 2022 exploration activity with a gravity survey and focussed soil sampling is now underway at its Kabanga Jirani Nickel Project in Tanzania. This initial work will focus on ultramafic intrusion bodies, which are p...

Chastened by a loss to Andrew Forrest in its pursuit of Canadian nickel explorer Noront Resources, BHP (ASX:BHP) has wasted no time finding its next investment. It will invest US$100 million in three tranches in Kabanga Nickel’s Kabanga pro...

Adavale’s uranium exploration at the aptly named Lake Surprise is off to a strong start with initial gamma surveys returning radiation values from five times to more than forty times higher than background levels. Most of the gamma results...

Adavale Resources (ADD) finds positive results from work program on its 100 per cent owned Lake Surprise Uranium project in South Australia The gamma readings are in the range of 390 to 3100 counts per second The gamma survey targeted the...

Team Adavale has determined a likely connection between their Kabanga NE’s Target 7 and a historical massive sulphide intersection 3km away at Luhuma, making for some exciting follow-up work streams for the new year. Adavale has confirmed...

Adavale Resources (ADD) identifies mafic-ultramafic intrusion by drill hole at Target 7 on its Kabanga NE License The company says it intersected fine grain disseminated sulphides throughout most of the drill hole According to Adavale the...

Adavale is expanding its nickel footprint through a farm-in to two prospective yet underexplored licences adjacent to its existing Kabanga NE licence in Tanzania. The licences, which cover a total area of 98.89sqkm, are located around the h...

Adavale Resources (ADD) enters a binding farm-in deal to acquire two prospective licences that cover almost 99 square kilometres in Tanzania Located near to ADD’s Kabanga NE licence, the licenses are inside the underexplored Luhuma mafic-u...

Adavale has put boots on the ground to better delineate a strong radiometric anomaly that is coincident with a helium anomaly at its Lake Surprise uranium project. The company’s geological team led by uranium geologist Pat Harvey will carry...

Adavale Resources (ADD) have commenced exploration work at its Lake Surprise project in South Australia The primary focus for the project is testing a large gamma anomaly which is also coincident with a helium anomaly, allowing the company...

Got 90 seconds? Then listen to CEO, Allan Ritchie tell us about their company news. Adavale Resources (ASX:ADD) is a junior explorer and owns 100% the Kabanga Jirani Nickel Project, a collection of 7 geologically and geophysically targeted...

Adavale Resources (ADD) identifies helium anomalies at its Lake Surprise uranium project in South Australia Dr Neil Pendock conducted a desktop study to analyse the presence of helium spectral signatures from the radioactive decay of urani...

Adavale Resources has identified extensive helium anomalies in a desktop study of its Lake Surprise uranium project in South Australia – which are potential pathfinders for the presence of uranium. The study analysed the presence of helium...

Wall Street at fresh highs as US jobs rise US stocks closed the week at record highs on Friday, as the US economy added 531,000 jobs in October, compared to 312,000 in September. The S&P 500 and Nasdaq set their sixth consecutive day of...

Adavale’s ongoing diamond drilling program at the Kabanga Jirani nickel project in Tanzania has intersected mafic intrusions hosting mineralised sulphide veins. The most recent hole KNE06-16-01 intersected a 25m mafic body from a depth of 3...

Adavale Resources (ADD) is looking to bolster exploration work at its Kabanga Jirani Nickel Project in northwest Tanzania with the addition of a second drill rig The rig is capable of both reverse circulation (RC) and diamond drilling, and...

Adriatic Metals (ADT) this week proposed a US$244.5 million (A$330 million) finance package to construct its Vares silver and zinc project in Bosnia and Herzegovina. The funding includes a US$102 million (A$137.5 million) equity raise, i...

Adavale Resources (ADD) terminates its previously announced share purchase plan (SPP) and launches a new one Recently the company announced a $1 million SPP and has now cancelled it due to technical issues However it has also announced a...

Once received, Adavale will use the money from both the placement and share purchase plan to speed up exploration at the Kabanga Jirani Nickel Project and begin ...

Stockhead’s Top 10 at 10, published at 10.15am each trading day, highlights the best (and worst) performing ASX small caps in morning trade using live data. It’s a short, sharp update to help frame the trading day by showing the biggest mov...

The ASX had a positive start to the week, driven by financial and travel stocks, despite global markets being overshadowed by the latest developments in the Evergrande saga. Evergrande’s shares in Hong Kong were suspended from trading after...

After gaining 1.88% yesterday, the ASX gave back just about all of those gains as October got off to a rough start today. The ASX closed at 7,186 points, down 2% from yesterday and 5.8% from mid August. All sectors finished in the red, with...