Adavale Resources Limited has today announced a key milestone in the development of its South Australian uranium assets, having secured 100% Native Title consent over its Marree Project. This includes the successful finalisation of a Native Title Mining Agreement (NTMA) with The Dieri Aboriginal Corporation and imminent execution of a second NTMA with the Adnyamathanha Traditional Lands Association.
Location map of Adavale’s Maree Project in relation to the Adnyamathanha and Dieri native title Determination Areas. Image Credit: Adavale Resources Limited
The consents follow strong collaboration and engagement with the Adnyamathanha and Dieri peoples, who are the Native Title holders across the seven exploration licences that comprise the Marree Project, situated on the northern flank of the Flinders Ranges. The region is a proven uranium province and lies just 90 kilometres from the Beverly and Four Mile uranium mines.
Adavale Resources Executive Chairman and CEO, Mr. Allan Ritchie, commented:
“We are very pleased with the Native Title consents received from the Dieri and Adnyamathanha communities, which has enabled Adavale to finalise NTMA’s. Adavale is honoured to work with both communities and values their enduring cultural connection to Country.
Adavale is committed to developing a framework that supports cultural respect, legal clarity and a long-term partnership. The executed Dieri NTMA and the consented-to Adnyamathanha NTMA (to be executed imminently) provides the foundation for Adavale to realise the full potential of its South Australian uranium tenements.
Adavale’s core focus remains on its flagship Parkes Gold and Copper Project in the Lachlan Fold Belt and the team is currently busy finalising the next drilling program which will commence this quarter. I look forward to providing further updates to shareholders during this exciting phase as we execute the Company’s exploration strategy and advance our key projects.”
The NTMA with the Adnyamathanha will be the first such agreement executed with the Adnyamathanha Traditional Lands Association in over five years. This highlights the significance of the collaboration and the strength of Adavale’s relationship with Traditional Owner groups.
Native Title consent provides Adavale with the legal and cultural framework necessary to progress advanced exploration activities at the Marree Project and reinforces its ability to deliver long-term value for shareholders and stakeholders alike.
While the Marree Project represents a substantial strategic asset within Adavale’s uranium portfolio, the Company reiterated that its primary operational focus remains on the Parkes Gold and Copper Project in New South Wales’ Lachlan Fold Belt, where a systematic brownfields and greenfields drilling program is set to commence this quarter.
Adavale acknowledges the Adnyamathanha and Dieri as the Traditional Custodians of the land on which it operates, and pays its respects to Elders past, present and emerging.