Profile: Adavale Resources Ltd (ADD.AX)

ADD.AX on Australia Stock Exchange

17 Dec 2014
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Adavale Resources Limited is an Australia-based exploration company. The Company is focused in the development of coal projects in Indonesia and Australia. The Company has 100% interest in Lake Surprise Uranium project in South Australia. The Company has two prospects in this project: Clayton Basin and Mumpie. The Lake Surprise Uranium project consists of EL 3622 and EL 3620 over an area of 1,836 square kilometers. The Company also has interest in the Tapan project, which lies approximately 120 kilometers south of the capital of Padang. PT Prima Perkasa Abadi (PPA) is the holder of the Tapan concession and is owned 90% by Adavale Resources Limited and 10% by Adavale Indonesia Pty Ltd. The also has 40% interest in Adavale Harner Resources, which has coal projects across Kalimantan region and focused on logistics and coal aspects.

Company Address

Adavale Resources Ltd

Level 5, 151 Castlereagh Street
SYDNEY   NSW   2000
P: +612.82630515
F: +612.82630500

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