Adavale Resources has acquired a 100% interest in exploration licence EL6553 from Kilonova Metals.

The EL6553 area covers 456km2 and extends the company's footprint in the Marree Embayment region, complementing its Mundowdna South and Lake Surprise uranium projects.

The newly acquired licence contains paleochannels with historical drilling results such as 1m at 263ppm eU3O8 and 0.65m at 235ppm eU3O8.

The company is finalising an exploration program, including up to 40 drilling holes.