Profile: Adavale Resources Ltd (ADD.AX)

ADD.AX on Australia Stock Exchange

24 Nov 2014
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Adavale Resources Limited is an Australia-based exploration company. The Company is focused in the development of coal projects 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 and during the fiscal year ended June 30, 2012 (fiscal 2012), two year extensions were granted and licence numbers EL 4949 and EL 4950 were issued. As of June 30, 2012, the Lake Surprise Uranium project consisted of EL 3622 and EL 3620 over an area of 1,836 square kilometers. The Company also interest in the Tapan project, which lies 120 kilometers south of the capital of Padang. As pof June 30, 2012, the Company’s subsidiary, Adavale Nusantara Resources completed a joint ore reserves committee (JORC) exploration program on the Tapan Project.

Company Address

Adavale Resources Ltd

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

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