Adelong Gold (ASX: ADG) – Gold Explorer & Imminent Producer Adelong Gold (ASX: ADG) is an emerging gold exploration and development company with a market cap of A$6.98M. Focused on unlocking high-grade gold resources, the company continues to expand its portfolio with strategic acquisitions.

Adelong Gold recently acquired the Apollo Gold Project, located at the northern tip of the prolific Walhalla Gold Belt. The project has yielded thick intersections of high-grade gold, reinforcing its strong potential for commercial discoveries.

The Walhalla Goldfields boast a historic hard rock gold production of 1.5Moz at an average grade of 33.59 g/t Au, ranking it among the highest-grade gold districts globally.

Adelong Gold has also assessed historical data from the Heyfields Reef Prospect, revealing high-grade Stibnite (Antimony) assays. The mineralisation suggests a potential geological analogue to the renowned Costerfield Mine or Sunday Creek deposit, further strengthening the exploration upside of the Apollo project.