# StockTake: Adavale lifts Parkes gold resource to 383koz

Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/stocktake-adavale-lifts-parkes-gold-resource-to-383koz--5c6eeea1-72af-4cb5-8439-4098b7764ee7

Original source: https://stockhead.com.au/stockhead-tv/stocktake/stocktake-adavale-lifts-parkes-gold-resource-to-383koz/

Publisher: stockhead

Original announcement: 2026-09-22T01:20:07.000Z

Analysis by Minestarters Atlas

Atlas analysis published: Unknown date

Atlas analysis updated: Unknown date

- Company: Adavale Resources

- Ticker: ADD

- Exchange: Unavailable

- Region: New South Wales

- Primary commodity: Gold

- Secondary commodities: None reported

- Document categories: Resource update

- Extracted: 2026-09-22 03:01:44 UTC

Narrative sentiment: 0.80 · Bullish

## Minestarters Atlas summary

Adavale Resources has increased its Parkes gold resource in New South Wales to 383,000oz. This growth was primarily driven by a major uplift at the London-Victoria zone, which now contains approximately 263,000oz of gold following a significant drilling campaign.

Reasoning: The announcement reports a substantial increase in the Parkes gold resource, specifically highlighting a major uplift at the London-Victoria zone following a significant drilling campaign.

- Positive factor: Significant increase in total gold resource to 383koz

- Positive factor: Major uplift at London-Victoria zone driven by new drilling

Facts used in scoring: 2

## Classification and evidence

**Contained Metal Growth**

Polarity: positive

Definition: True scale improvement — contained metal ounces/tonnes increased vs prior, accounting for both tonnage and grade changes.

Why it applies: The total gold resource inventory has been increased to 383,000oz.

Evidence · text

> Adavale lifts Parkes gold resource to 383koz

## Extracted facts

Stored fact records: 2. Some facts used in scoring do not have a stored record.

## Resource Estimates (2)

### Fact 1

[Link to this fact](https://atlas-extractions.minestarters.com/news/stocktake-adavale-lifts-parkes-gold-resource-to-383koz--5c6eeea1-72af-4cb5-8439-4098b7764ee7#fact-resource-facts-0)

Parkes · gold

#### Identity

- Project: Parkes
- Commodity: gold
- Region: australia\_nsw
- Reported Region: New South Wales
- Ticker: ADD

#### Resource scope

- Estimate type: resource
- Resource group id: resource:87960d7b2b81c92cb770

#### Resource Data

- Contained Metal: 383
- Contained Unit: koz

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-22T00:00:00.000Z

Reasoning: Headline resource figure for the Parkes project.

- Positive factor: Total resource increased to 383koz

Evidence · text

> Parkes gold resource to 383koz

#### Tags used in scoring

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**No QP/CP Disclosure**

Polarity: negative

Definition: No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience.

Why it applies: no Qualified or Competent Person is named anywhere in the release

### London-Victoria

[Link to this fact](https://atlas-extractions.minestarters.com/news/stocktake-adavale-lifts-parkes-gold-resource-to-383koz--5c6eeea1-72af-4cb5-8439-4098b7764ee7#fact-resource-facts-1)

Parkes · gold

#### Identity

- Project: Parkes
- Commodity: gold
- Region: australia\_nsw
- Reported Region: New South Wales
- Ticker: ADD

#### Resource scope

- Estimate type: resource
- Resource group id: resource:f859fb147ab6f3a91885
- Deposit or zone: London-Victoria

#### Resource Data

- Contained Metal: 263000
- Contained Unit: oz

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-22T00:00:00.000Z

Reasoning: Specific resource contribution from the London-Victoria zone.

- Positive factor: Major uplift at London-Victoria zone

Evidence · text

> London-Victoria, which now hosts about 263,000oz of contained gold

#### Tags used in scoring

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**No QP/CP Disclosure**

Polarity: negative

Definition: No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience.

Why it applies: no Qualified or Competent Person is named anywhere in the release

## How Atlas produces this analysis

Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.