Articles On Adavale Resources (ASX:ADD)

S&P/ASX 200 closes up 1% – its best performance in about a week  All sectors bar IT and Utilities had green days, with Discretionary and Utilities outperforming Resources & Energy Group had a +183% stonker of a day on its you-beaut...

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) reports its subsidiary has been granted prospecting licence PL12350/2023, known as Luhuma Central, within the Kabanga Jirani Nickel Project in Tanzania. The company considers Luhuma Centr...

Woodman says nickel output needs to increase three-fold by 2050 Benchmark Minerals Intelligence says we need 72 new nickel projects by 2035 Last year BHP invested US$100m in a Tanzanian nickel project   The nickel market saw massive gains...

More and more automakers are making inroads into mining industry with Ford joining PT Vale Indonesia Liontown agrees terms with Olympio Metals to farm into Mulline and Mulwarrie lithium projects Nickel sulphide targets, and a 15km copper i...

ASX-listed exploration and development company Adavale Resources (ASX:ADD) will be targeting a 15km soil anomaly in an upcoming drilling program at the Kabanga Jirani Nickel Project in Tanzania. The drilling program follows a $2 million fin...

Several distinct nickel sulphide targets, including a 15km copper in soil anomaly, will form the basis of a 5,000m drill campaign at the Kabana Nickel Project in April. Adavale Resources (ASX:ADD) says recent wet season geochemical surveys...

Adavale Resources has nabbed funding for up to $2 million (before costs) to progress drill testing of priority nickel sulphide targets at its Kabanga Jirani Nickel Project in Tanzania via the issue of unsecured Convertible Notes. Earlier th...

ASX weathers a US bank collapse storm to finish the day down just 0.5% XEC Emerging Companies index down 0.84% because it was out partying all weekend. The Goldies take the gongs, after the precious metal jumped more than 1.0%   Looking a...

Don’t let the uranium price fool you, positive sentiment is here to stay  Market analysts believe the medium to long term outlook for uranium is promising  Here are 12 sub-$20m market cap stocks to take a closer look at    Despite the cha...

Adavale Resources (ASX:ADD) has confirmed the presence of uranium mineralisation following an initial low-cost reconnaissance drilling program at its wholly owned Lake Surprise Project in South Australia.  The results, generated by 56 drill...

Initial reconnaissance drilling at Adavale Resources’ Lake Surprise project in South Australia has confirmed uranium mineralisation within a complex braided stream environment.  The drilling program was designed to test a prospective zone i...

Adavale Resources (ADD) confirms uranium mineralisation at its Lake Surprise project in South Australia The company has received results from its initial reconnaissance drilling program in February involving 56 holes for 742 metres Th...

Resolution Minerals is expanding its horizons with the grant of a large landholding in South Australia that is prospective for both high purity silica sands and uranium. The new George project includes the Etadunna silica sands prospect whi...

Adavale Resources (ADD) commences drilling at its wholly-owned Lake Surprise uranium project in South Australia The 4500-metre aircore drilling program will test shallow uranium targets at average depths of 30 metres ADD will use a tr...

Adavale Resources has kicked off a 4500m aircore drilling program at its Lake Surprise uranium project in South Australia, as interest in the nuclear fuel turns a corner. Uranium has emerged as a commodity to watch in recent years, its spot...

Adavale Resources (ASX:ADD) has started a 135km-square soil geochemical survey on prospective layered mafic-ultramafic intrusions following initial diamond drilling (DD) at its Kabanga Jirani Nickel Project in Tanzania.  The company says th...

Adavale Resources (ADD) intercepts nickel sulphide host rocks at its Kabanga Jirani nickel project in Tanzania The company has completed initial drill tests on target areas in both the Kabanga East and Kabanga West areas, involving four...

Explorer Adavale Resources has intercepted nickel sulphide host rocks at the Hem 2 target of its Kabanga Jirani Nickel Project in Tanzania.

Good morning, and good luck handling those post Day-Off, Back to Work For One Day blues. The good news is market watchers appear pretty bouyant about today’s action on the ASX, with SPI Futures up 31 points. That’s after a 22-point drop yes...

Nickel sulphide exploration company Adavale Resources (ASX:ADD) has exercised its option to acquire 65% of the Luhuma Nickel Project located adjacent to its Kabanga Jirani Nickel Project in Tanzania. The company executed a binding farm-in a...

Adavale Resources (ADD) increases its quality nickel exploration tenure in Tanzania The company’s Tanzanian subsidiary has been granted the Kabanaga Southeast Wedge prospecting licence Adavale also triggered the acquisition of 65 per...

Adavale Resources has increased its nickel exploration tenure in Tanzania, with its subsidiary being granted Prospecting Licence PL 12175/2023, covering an area of 44.83km2 – called The Southeast Wedge.  The Southeast Wedge is a contiguous...

The ASX is set to rise today after a broad rally on Wall Street Ford and Spotify announce more layoffs The crypto market has bounced back   The ASX is on track to rise again on Tuesday after a broad rally in New York. At 8am AEDT, the ASX...

Drilling has confirmed the prospectivity of the HEM2 target area at Adavale’s Kabanga Jirani nickel project in Tanzania following the intersection of visible sulphide zones. The sulphide intersections within prospective mafic lithologies in...

Stockhead’s Year in Review video series is a yearly wrap up address from company leaders showcasing latest achievements, discoveries and developments of emerging ASX companies.  In this instalment David Riekie, executive director at Adavale...

Adavale has received approval from the Department of Energy and Mining (DEM) to start drilling at its Lake Surprise Uranium Project in South Australia. Lake Surprise is prospective for uranium hosted within a silcrete capped paleochannel in...

Adavale Resources (ADD) receives environmental approval to begin aircore drilling at its Lake Surprise uranium project in South AustraliaThe State Department of Energy and Mining has green-lit the company’s 4500-metre program to test shallo...

Adavale Resources (ADD) kicks off its first round of drilling at its Kabanga Jirani and Luhuma nickel projects in TanzaniaThe company plans to drill 8000 metres of both diamond and reverse circulation drilling over coincident gravity and el...

Drilling is now underway to test multiple electromagnetic conductors at Adavale’s Kabanga Jirani and Luhuma projects in Tanzania which are prospective for nickel sulphides. Initial reverse circulation drilling is being carried out to drill...

Adavale Resources is mobilising its rig to the Kabanga Jirani and Luhuma nickel sulphide projects in Tanzania, ready to kick off a 6,000-8,000m RC/diamond drill program in October.  The drill program will initially focus on seven high-prior...

Adavale Resources (ADD) begins mobilising a drill rig to its Kabanga Jirani and Luhama nickel projects in the East African nickel belt of TanzaniaThe multi-purpose reverse circulation and diamond rig is set to begin a high-impact priority t...

Adavale is seeking a key approval that will allow it to start exploration drilling testing shallow uranium targets at its Lake Surprise project in South Australia. The submission of the Exploration Program of Environmental Protection and Re...

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...