Andromeda Metals Ltd.

Adelaide Resources is pleased to provide the Company's latest Investor Presentation for October 2016. Company snapshot - Principal commodity focus is gold with two significant projects - Complementary advanced copper and early stage lithium tenements - Recognised discovery track record - Experienced board and management with technical and financial skills -- Colin G Jackson (Non-Executive Chairman) -- Chris Drown [...]

Adelaide Resources drilling programme focused at the 100% owned Baggy Green prospect on the Company's Eyre Peninsula gold project is scheduled to commence in the first week of October. - The programme aims to delineate gold mineralisation that can build on the maiden 107,000 ounce Mineral Resource announced in July 2016 for the Barns deposit, located just 5.5km northwest of Baggy Green. - Baggy Green can potentially [...]

Adelaide Resources directors present this Directors' report and the attached annual financial report of Adelaide Resources for the financial year ended 30 June 2016. In order to comply with the provisions of the Corporations Act 2001, the directors report as follows. Principal Activities The principal continuing activity of the Group is the exploration for gold, copper and other economic mineral deposits. Operating and [...]

Adelaide, Australia (ABN Newswire) - Adelaide Resources Ltd.'s (ASX:ADN) Eyre Peninsula projects will substantially benefit following the award of two PACE Discovery Drilling 2016 grants by the South Australian Government. The first grant is for up to $200,000 to test gold targets located in the vicinity of the Barns gold deposit where the Company recently announced a maiden 107,000 ounce Mineral Resource. The [...]

Adelaide Resources are pleased to provide the second quarter activities report for the period ending 30 June 2016. Overview Eyre Peninsula gold (100% interest) - A maiden JORC 2012 Mineral Resource for Barns of 2.11 million tonnes at 1.6g/t gold for 107,000 ounces at a 0.5g/t cut-off grade, comprising 380,000 tonnes of Indicated and 1,730,000 tonnes of Inferred Resources, was reported after the completion of the June [...]

Adelaide Resources are pleased to announce a maiden Mineral Resource estimate for the 100% owned Barns deposit located on the Eyre Peninsula in South Australia. - The Barns Mineral Resource estimate, reported in accordance with the JORC Code 2012, totals 2.11 million tonnes at 1.6g/t gold for 107,000 ounces at a 0.5g/t cut-off grade. - The Resource is classified into 380,000 tonnes of Indicated and 1,730,000 tonnes of [...]

Adelaide Resources has received commitments from professional and sophisticated investors to raise $816,050 before costs to advance the Barns resource and Drummond exploration targets. - A total of 44,416,232 ordinary shares, which is inclusive of 1,466,232 incentive shares to participating brokers, are to be issued within the Company's placement capacity under ASX Listing Rule 7.1 and hence not subject to shareholder [...]

Adelaide Resources MD Chris Drown is interviewed by ABN Newswire regarding activity on the Barnes Deposit in South Australia. During the interview Mr Drown explains the multi-commodity capability of the company, with an immediate focus on the two primary Gold projects in South Australia and Queensland. The company is working towards the imminent release of a maiden resource statement for the Barnes Deposit on the Eyre [...]

Adelaide Resources notes with interest the recent widespread national and international media coverage of cutting edge research conducted by a CSIRO team led by Dr Mel Lintern into the use of biogeochemistry in mineral exploration. One of the research sites investigated in the study by Dr Lintern's team was Adelaide Resources' Barns gold prospect, located north of Wudinna on the Company's Eyre Peninsula Project (see [...]