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Yandal Resources Limited (ASX:YRL)

ALERT: Price-sensitive ASX Announcement for YRL
Current share price for YRL : $0.195 -0.015 (-7.14%)+
Announcement
Release
28 Apr 2026 8:21AM
Price at Release
$0.210
Full Release
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Summary
Yandal Resources Limited has announced the results from the first two reverse circulation (RC) drill holes at the Arrakis gold discovery in Western Australia, revealing significant gold mineralisation. The results indicate a southeast extension of high-grade mineralisation within the Arrakis Prospect, part of the Ironstone Well-Barwidgee Gold Project. The drilling campaign, which commenced in 2026, confirmed the presence of a high-grade mineralised zone and extended known mineralisation by approximately 100m. This discovery supports the potential for further exploration and development of underground targets. Results from additional extensional RC drilling and diamond drilling are pending, with ongoing efforts to target untested areas within the Arrakis structure.
Key Points
  • Yandal Resources announced results from the first two RC drill holes at Arrakis.
  • Drilling revealed significant gold mineralisation, extending known mineralisation by 100m.
  • The results support exploration and development of underground targets.
  • Additional RC and diamond drilling results are pending.
  • The Arrakis Prospect is part of the Ironstone Well-Barwidgee Gold Project.
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.