Articles On Yandal Resources (ASX:YRL)

The company plans to undertake a 20,000-metre follow up RC and AC drilling program by the end of the quarter.

The company plans to undertake a 20,000-metre follow up RC and AC drilling program by the end of the quarter.

For goldies, 2020 was a year when good news was rewarded, and great news celebrated. The precious metal has gained about 22 per cent year-to-date despite treading water since mid-August. And there’s a strong chance 2021 will start off with...

57 reverse circulation holes for 3,877 metres have been drilled at Sims Find, Copan, Barty Bullseye, Rosewall, Woolshed Well, Flinders Park, Quarter Moon and Oblique prospects this quarter with encouraging initial results received.

AC drilling results have doubled the strike length to 1.5 kilometres at Gordons Dam with multiple new priority RC drill targets defined.

The company has an exciting portfolio of highly prospective gold projects in the Yandal and Norseman-Wiluna Greenstone Belts in Western Australia.

Up to 97.53% gold was recovered from conventional gravity and cyanide leach processing of primary RC drill samples.

A large proportion of the exploration budget for the next two years will be directed within a 10-kilometre radius of Flushing Meadows, including the Oblique and Quarter Moon prospects where significant historic mineralisation occurs.

Encouraging drilling results continue from Gordons Dam and the company intends to continue aggressive exploration aimed at defining the economic potential of the discovery.

The new mineral resource estimate for the Flushing Meadows deposit is 7.4 million tonnes at 1.13 g/t gold for 268,000 ounces reported above 0.5 g/t gold lower cut-off grade.

Yandal has a portfolio of advanced gold exploration projects in the highly prospective Yandal and Norseman-Wiluna Greenstone Belts of Western Australia.

The company has a portfolio of advanced gold exploration projects in the highly prospective Yandal and Norseman-Wiluna Greenstone Belts of Western Australia.

The placement was supported by two large gold investors and funds raised will be used in exploration across Yandal's suite of gold projects in Western Australia.

EARLY De Grey Mining backer DGO Gold has invested A$4 million in Yandal Resources, giving it an 8.7% shareholding in the gold explorer.

Aircore and diamond drilling programs for a total of 10,500 metres are set to continue through the December quarter at Gordons Dam and other regional prospects.

Aircore and diamond drilling programs for a total of 10,500 metres are set to continue through the December quarter at Gordons Dam and other regional prospects.

The feasibility study, mining proposal and mine closure plan contemplate the construction of a conventional open pit mining operation with road haulage to third-party processing facilities.

The company plans a 10,000-metre reconnaissance aircore program at Gordons Dam and the testing of other high-priority targets in mid-September.

Substantial oxide and primary gold assays have been returned from individual 1-metre samples from RC drilling completed in June 2020.

The board of directors have been greatly encouraged with the high level of financial support from existing shareholders to rapidly advance the company’s gold portfolio.

The company is well funded to explore its portfolio of highly prospective gold projects located in the Yandal and Norseman-Wiluna Greenstone Belts in Western Australia.

The company directors announced on June 12 a plan to raise up to $3,342,399 by a pro-rata non-renounceable rights offer to accelerate the Gordon’s and Mt McClure projects in WA.

The company directors announced on June 12 a plan to raise up to $3,342,399 by a pro-rata non-renounceable rights offer to accelerate the Gordon’s project as well as the Mt McClure project in Western Australia.

Flushing Meadows is within the Ironstone Well gold project is in the highly prospective Yandal Greenstone Belt in Western Australia and 60 kilometres southeast of Wiluna.

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The company considers the results highly encouraging as they represent a high-priority exploration target for ongoing follow-up to assess the potential to define new resources.

The drilling results will be used to upgrade the initial mineral resource estimate and planned feasibility study.

Funds raised will be used to accelerate exploration at the Gordon's Project as well as the Mt McClure Project, for working capital and to meet offer expenses.

Recent drilling results received at Flushing Meadows will support an updated mineral resource estimate planned for the September quarter.

The gold bulls are charging again ahead of the US Federal Reserve meeting this week and a pullback of global stock markets after several weeks of gains. Spot gold rose to $US1,713.3 an ounce after a brief stint below the $US1,700 mark. The...

The results are expected to support an updated mineral resource estimate planned for the September quarter.

The drilling is designed as an immediate follow-up to the strong results returned from drilling in April/May.

In a June update CEO Lorry Hughes said the company was looking forward to providing exciting information from further exploration and mining development activities.

Maximus has a royalty capped at $4 million over the WA project which has a 190,000-ounce resource that is set to grow.

The mineralisation seen in the RC drilling has similarities to the nearby world-class Kanowna Belle gold deposit; shares increase.

The mineralisation seen in the RC drilling has similarities to the nearby world-class Kanowna Belle gold deposit.

The company’s cash position as at March 31 was $4.4 million which ensures adequate funding to carry out aggressive exploration programs in 2020.

The best intersection received to date is 5 metres at 5.84 g/t gold, including 1 metre at 21.06 g/t from 33 metres with a 10,000-metre drilling program set to begin as part of open pit mining feasibility study work.

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Western Australia is very well known globally for its extremely fertile gold ground. Just take a look at that spectacular high-grade discovery made at the Beta Hunt mine in Kambalda, 60km south of Kalgoorlie, back in September 2018 by Toron...

The company has a portfolio of advanced gold exploration projects in the highly prospective Yandal and Norseman-Wiluna Greenstone Belts of Western Australia.

Soil sampling has discovered a new high-priority gold target known as Bullseye at the Barty Prospect.

The company is well-located in WA greenstone belts that host a number of multi-million-ounce deposits.

A 20,000-metre resource expansion and discovery drill program will resume in the first quarter of 2020 at Ironstone Well and Barwidgee gold projects.

The company has completed over 5,000 metres of the current 20,000 metres drilling program to test several priority Yandal Belt prospects.

The gold explorer has returned double-digit grades in recent times and has more drilling results to come.