Highlights
Mr David Ward, currently Non-Executive Technical Director, has been appointed as Adavale’s Managing Director effective 17th November 2025.
• David brings 30 years of industry experience with a proven track record of delivering value in exploration, project development and mining operations.
• His experience across the Lachlan Fold Belt will be pivotal as Adavale rapidly advances exploration and drill programmes across the flagship Parkes GoldCopper Project.
• David’s work across the Lachlan Fold Belt encompasses:
o Hargraves Resources (last operator of the London-Victoria Gold Mine),
o Newmont’s Cadia Gold Mine (production & resource definition),
o Clancy Exploration porphyry Au-Cu exploration across all the major
Ordovician intrusive centres Wellington, Narromine, Northparkes and
Lake Cowal,o The Cobar District, Girilambone Group copper and Wagga Tin Belts.
• David was instrumental in defining ~950koz Au for Bacchus Resources, developing multiple exploration assets (later incorporated into ASX-listed explorers), and founding Director of what is now Broken Hill Mines (ASX: BHM)
Adavale Resources Executive Chairman and CEO, Mr. Allan Ritchie, commented:
“We are delighted to appoint David as Managing Director at this pivotal time for Adavale. His blend of technical depth and on-the-ground operational experience across the Lachlan Fold Belt will be of incredible benefit to Adavale and all of its stakeholders. With both our highly prospective brownfields and greenfields projects poised for drilling this quarter, I am highly-confident in David’s ability to deliver real results.”
Adavale Resources incoming Managing Director, Mr. David Ward, commented:
“I am pleased to transition into the role of Managing Director of Adavale. The Parkes Project sits in one of Australia’s most endowed gold-copper provinces and has demonstrated to have the right rocks and structures for a tier-1 discovery. Our focus will be targeting resource expansion activities at our brownfields London-Victoria Gold Mine and rapidly advancing high-priority targets at Ashes and Myalls. I look forward to executing on Adavale’s ambitious growth plans and leading the upcoming drilling programs.”
Adavale Resources Limited (ASX:ADD) (“Adavale” or the “Company”), is pleased to announce the appointment of David Ward, current Non-Executive Technical Director, as Managing Director of the Company effective from 17th November 2025.
David is a seasoned geologist and mining executive with 30 years of experience spanning earlystage exploration, project development, and both open pit and underground mining operations. Throughout his career, David has demonstrated a strong commercial focus and a proven ability to drive value creation through disciplined exploration and development strategies.
David started his mining career with Hargreaves Resources (the last operator of the LondonVictoria Gold Mine) and has since held key exploration and operational roles with several notable mining companies across the Lachlan Fold Belt, including Newcrest Mining, where he worked in open pit and underground Production and Resource Definition at the Cadia Gold Mine. At Clancy Exploration, David conducted porphyry Au-Cu exploration across all of the major Ordovician intrusive centres in the Lachlan Fold Belt, including Wellington (Rose Hill), Narromine (Myall), North Parkes (Trundle) and Lake Cowal.
David’s Lachlan Fold Belt experience extends into the Cobar District, Girilambone Group CopperGold space with Locksley Resources (ASX:LKY), and the Wagga Tin Belt with the Bygoo Tin Project as vendor and discovery drilling, now with Caspin Resources (ASX:CPN).
David was Chief Geologist of the private company Bacchus Resources and was instrumental in defining more than 950k ounces of gold resources in the Northern Territory. He also oversaw the development of additional exploration assets across the Northern Territory, Queensland, and New South Wales. These assets were subsequently incorporated into key projects for multiple ASX-listed exploration companies. David was also a founding Director of Coolabah Metals Limited (ASX:CBH), now Broken Hill Mines (ASX:BHM).
The Board welcomes David to his new role and looks forward to his leadership as Adavale advances its exploration and development portfolio
About us:
ABOUT ADAVALE RESOURCES
Exploring for Gold and Copper in the NSW Lachlan Fold Belt, Uranium in South Australia, and Nickel Sulphide in Tanzania.
Contact details:
Jane Morgan
Media and Investor Inquiries
P: +61(0) 405 555 618