Yandal Resources Extends Oblique Prospect Mineralisation

THE DRILL SERGEANT: Yandal Resources (ASX: YRL) reported initial assay results from the first three holes of a reverse circulation (RC) drilling program recently undertaken at the company’s Ironstone Well–Barwidgee (IWB) gold project in Western Australia.

Yandal Resources conducted the drilling across the project’s Oblique and Quarter Moon prospects achieving results confirming the presence of broad and high-grade mineralisation 500 metres north of any previous RC drilling completed by the company.

Intercepts include:

24IWBRC0002
15 metres at 1.7 grams per tonne gold from 74m, including 3m at 5.3g/t gold from 79m; and

24IWBRC0001
3m at 1.5g/t gold from 66m.

Yandal will continue RC drilling across the Oblique and then Quarter Moon prospects from April to early May, after which diamond drilling program is currently scheduled for commencement mid-May.

The company expects the initial diamond drilling across the Oblique prospect will provide detailed information regarding the host stratigraphy, structures, intrusive types and the nature of the magnetite-rich unit.

“It is very satisfying to see a compelling intercept in these early results, particularly given the difficult weather conditions endured by the team in March,” Yandal Resources managing director Tim Kennedy said in the company’s ASX announcement.

“These initial results demonstrate the under-explored nature and potential scale of the Oblique prospect, with a material intercept 500 metres north of any previous RC drilling by the company; we look forward to providing further updates as more results are received.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE