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Yandal Resources highlights gold discovery strategy during Proactive’s Gold Webinar

Yandal Resources Ltd (ASX:YRL) managing director and CEO Lorry Hughes highlighted its strategy to target multi-million-ounce gold discoveries in Western Australia while presenting at the Proactive Gold Webinar this week.

With the company’s share price 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.

Currently there are three rigs operating with more than 100,000 metres of drilling planned.

Quick facts: Yandal Resources Ltd

Price: 0.44 AUD

Market: ASX
Market Cap: $41.16 m

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