Breakaway Research Reports - Adelaide Resources Limited
Breakaway Research recently reported on Adelaide Resources Limited. Breakaway Research reports:
Adelaide Resources (ASX: ADN) is an Australian copper-gold exploration company which continues to deliver material exploration results at its flagship Moonta project, located in the highly prospective Moonta-Wallaroo district of South Australia’s Yorke Peninsula.
Broad widths of high grade copper and gold mineralisation have been intersected at the Alford West prospect. Of the 3,500m geochemical anomaly, only 1,100m has been drill tested with the entire interval reportedly mineralised, highlighting the significant exploration potential which still exists along strike. Further drilling is in progress, including first testing of the recently identified Blue Tongue and Kambula anomalies, providing strong news flow in the coming months.
To view full report, and historical reports, click here »
About Adelaide Resources Limited
Adelaide Resources Limited is an Australian Securities Exchange listed company (code: ADN) focusing on mineral exploration for gold and copper deposits.
Adelaide Resources currently has interests in 20 exploration licenses, covering over 7,800 km² within South Australia, the Northern Territory and Queensland.
Adelaide Resources’ vision is to be a sustainable minerals exploration company providing shareholders with risk managed discovery, development and mining opportunities. (Source Adelaide Resources website: www.adelaideresources.com.au)
About Breakaway Research
Breakaway Research is part of the Breakaway Investment Group, and has been providing thematic and company research on the resources sector for over 8 years. A particular strength of the Breakaway research team is that it combines technical experience with financial expertise. This leads to research reports that are supported by a technical assessment of resource projects along with financial metrics for the company.
An important function of these independent research reports is to provide investors and company shareholders with the identification and quantification of the perceived value drivers within a company, which the company may otherwise find difficult to present. Indeed shareholders are an often overlooked but important target in the distribution of these research reports – with well informed retail investors often creating a stable share register.
Our high research quality stems from the extensive experience of our analysts, combined with a process of extensive interviews with company management and industry specialists, as well as site visits if appropriate.