InvestSMART

Yandal Resources Limited (ASX:YRL)

ALERT: Price-sensitive ASX Announcement for YRL
Current share price for YRL : $0.195 -0.055 (-22%)+
Announcement
Release
8 Dec 2025 8:26AM
Price at Release
$0.250
Full Release
download
Summary
Yandal Resources Limited has announced significant progress in its exploration activities at the Arrakis Prospect within the Ironstone Well-Barwidgee Gold Project. Recent diamond drilling at Arrakis has yielded strong results, with a notable intercept of 17.70m at 1.4g/t Au, including 7.95m at 2.5g/t Au. This drilling has extended the known mineralisation by 120m below previous intercepts, emphasizing the potential for higher-grade continuity both along strike and at depth. To accelerate exploration, a second reverse circulation (RC) rig has been deployed to the site, targeting the 2.2km mineralised trend. Additionally, Yandal has secured a 21-person exploration camp to support ongoing drilling programs into 2026. These efforts stress the company’s commitment to expanding and defining the scale of the mineralised system at Arrakis. The comprehensive drilling results and geological observations support the revised geological model and highlight the project's scale and depth potential.
Key Points
  • Significant diamond drilling results at Arrakis: 17.70m at 1.4g/t Au, including 7.95m at 2.5g/t Au.
  • Drilling extends mineralisation by 120m below previous intercepts.
  • A second RC rig deployed to expedite exploration over a 2.2km mineralised trend.
  • 21-person exploration camp secured to support 2026 exploration programs.
  • Results validate geological model and highlight potential for high-grade mineralisation continuity.
  • Yandal Resources is focused on defining the scale and potential of Arrakis ahead of further drilling in 2026.
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.