viewYandal Resources Ltd

Yandal Resources starts drilling at Ironstone Well and Barwidgee, testing priority gold targets

The company has a portfolio of advanced gold exploration projects in WA and is backed by Northern Star Resources Ltd (ASX:NST), which holds a 15% stake.

Drilling at a Yandal Resources property
The projects are in the Yandal Greenstone Belt and contain historical prospects and deposits

Yandal Resources Ltd (ASX:YRL) has started testing priority targets at its Ironstone Well and Barwidgee gold projects in WA with aircore (AC) drilling underway.

The majority of the drilling, which includes 13 holes for 1,560 metres, will be conducted at the Flushing Meadows prospect and will extend for 800 metres northwest from the main oxide gold-bearing structures.

Aim to estimate resources

If the drilling is successful follow-up reverse circulation (RC) drilling will begin with the aim of estimating JORC-compliant resources.

At the Flinders Park prospect, six holes for 720 metres are planned to confirm an excellent oxide RC intercept of 15 metres at 2.03 g/t gold from 77 metres.

Drilling to confirm shallow mineralisation

The holes will be on lines 20 metres north and 20 metres south along the interpreted strike of the oxide mineralisation to provide better target definition for follow-up RC drilling.

At the Oblique, Quarter Moon and Rosewall prospects, small AC and AC hammer programs are planned to confirm shallow mineralisation reported in historical drilling.

The program will take around two weeks to complete with results available in March.

READ: Yandal Resources aims to firm up resources and make new discoveries

Yandal is planning a systematic campaign of aircore, RC and diamond drilling this year as it aims to define historical deposits under the current JORC code, make discoveries and define new resources.

Included in the campaign is the company’s 100-square kilometre Gordons project in the Kalgoorlie region, as well as the Ironstone Well, Barwidgee and Mt McClure projects within the Yandal Greenstone Belt.

READ: Yandal Resources drills high-grade oxide gold at Gordons project

Yandal managing director Lorry Hughes said there was potential for consolidation along the Yandal Greenstone Belt, which has been proven to host tier-1 gold deposits.

“Our Yandal projects contain numerous prospects that are along strike or adjacent to significant historically reported deposits and the exploration team is looking forward to thoroughly testing several of them in the first half of the year.”

- Jessica Cummins 

Quick facts: Yandal Resources Ltd

Price: 0.275 AUD

Market: ASX
Market Cap: $18.67 m

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