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Yari Resources Ltd (ASX:YAR)

ALERT: Price-sensitive ASX Announcement for YAR
Current share price for YAR : $0.004 -0.005 (-55.56%)+
Announcement
Release
28 Nov 2025 8:18AM
Price at Release
$0.009
Full Release
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Summary
Yari Minerals Limited has announced that drilling at their Rolleston South Coal Project in the Bowen Basin, Queensland, has confirmed thick, continuous coal seams up to 3 meters in thickness. Preliminary tests indicate the presence of high-yield, low-ash coal with the potential to produce a semi-soft metallurgical product, pending further analysis. The results from the first two drillholes have shown greater seam thickness than initially predicted, which could upgrade part of the existing 190.1 Mt Inferred Resource to an Indicated status. The drilling program is progressing, with early results showing no geological faults, enhancing the resource confidence. Further coal quality results and data are expected as the project continues.
Key Points
  • Drilling confirmed thick coal seams up to 3m.
  • Preliminary tests show potential for semi-soft metallurgical coal.
  • Seams are thicker than predicted, supporting resource upgrade.
  • No geological faults were found, reducing risk.
  • Ongoing detailed assay work for further coal quality analysis.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.