viewYandal Resources Ltd

Proactive Gold Webinar attracts good response

Three ASX-listed companies presented during the online webinar which can be viewed at any time on YouTube.

Yandal Resources Ltd - Proactive receives strong response to Gold Webinar
Yandal Resources, Alto Metals and Horizon Minerals presented today during the online webinar.

Proactive hosted a Gold Webinar today which saw three ASX-listed companies – Yandal Resources (ASX:YRL), Alto Metals (ASX:AME) and Horizon Minerals (ASX:HRZ) -  present on upcoming plans for 2021.

The webinar, which included three 12-minute presentations followed by a 5-minute Q&A session was live-streamed and can be viewed at any time by clicking on this link.

Lorry Hughes presentation for Yandal Resources starts at 1:10, Matt Bowles for Alto Metals starts at 20:42 and Jon Price for Horizon Minerals, starts at 43:02.

Yandal begins exploration

Yandal Resources managing director and CEO Lorry Hughes highlighted its strategy to target multi-million-ounce discoveries in Western Australia.

With its share price currently sitting at 41 cents and a market cap of around $36 million, Hughes said the company's focus remained on Gordons Dam near Kalgoorlie and its underexplored ground position in the Yandal Belt near Wiluna.

Having been listed for more than two years and with more than $10 million cash in the bank, he said it was time to start escalating exploration.

“There are three rigs operating now with more than 100,000 metres planned for discovery.

“We could really do some damage with a drill rig.”

Alto’s exciting year ahead

Alto Metals managing director and CEO Matthew Bowles outlined the company's aims for the Sandstone Gold Project.

Bowles said 2021 was set to be an exciting year for the company, which was currently in the best position it had been in for around two years.

He said: “We are well funded with more than $6 million in cash and a major 30,000-metre drilling program underway.”

The company’s strategy is to focus on Lord’s Corridor, particularly on the Lord Nelson and Lord Henry targets.

Horizon’s golden progress

Lastly, Horizon Minerals managing director Jon Price presented its mid-tier gold explorer, developer and producer strategy which includes strategic projects in the heart of Western Australia’s Goldfields region.

Price said its goal for 2021 included completing a definitive feasibility study at the Boorara Gold Project with around 1 million gold tonnes per annum, supported by around 500,000 tonnes per annum of satellite feed.

He said: “We’ve got a great address and a lot of work to do moving forward.”

Quick facts: Yandal Resources Ltd

Price: 0.5 AUD

Market: ASX
Market Cap: $46.89 m

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