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Yandal Resources Limited (ASX:YRL)

ALERT: Price-sensitive ASX Announcement for YRL
Current share price for YRL : $0.195 -0.063 (-24.27%)+
Announcement
Release
12 Feb 2026 8:12AM
Price at Release
$0.258
Full Release
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Summary
Yandal Resources Limited has conducted an extensive RC drilling program at the Arrakis Prospect, confirming a continuously mineralised structure over 1.2km of strike. The drilling results, which include significant gold intercepts, suggest potential for both shallow and deep mineralisation and highlight the prospect's promise of economic viability. With plans to resume drilling in March 2026, Yandal Resources is well-positioned to further explore and define the geological and mineralisation characteristics of the Arrakis structure.
Key Points
  • Yandal Resources Limited (YRL) completed a 17-hole, 3,800m RC drilling program at the Arrakis Prospect.
  • Drilling demonstrated a mineralised system with a relatively simple, predictable geometry, showing strong continuity both along strike and down dip.
  • Significant intercepts include 24m @ 1.3g/t Au, 18m @ 1.6g/t Au, and 8m @ 2.7g/t Au.
  • The Arrakis mineralised structure has been mapped over 1.2km of strike and remains open to the southeast.
  • RC and diamond drilling to recommence in March 2026, focusing on defining and extending high-grade gold zones.
  • The company aims to further refine the geological model and assess the viability of potential resource definition drilling programs.
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.