Adavale Resources Limited (AU:ADD) has released an update.
Adavale Resources Limited is set to launch a comprehensive uranium exploration program on their Mundowdna & Mundowdna South Licences in South Australia. Utilizing a suite of methods, including gravity and gamma spectrometer surveying, soil sampling, and rock chip sampling over approximately 80 line kilometres, the company aims to identify potential palaeochannels indicative of uranium deposits. Results from the assays are anticipated within 4 to 6 weeks following the program’s conclusion, which aligns with the company’s ongoing acquisition of additional uranium ground.
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