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Yandal Resources Limited (ASX:YRL)

ALERT: Price-sensitive ASX Announcement for YRL
Current share price for YRL : $0.128 -0.075 (-37.04%)+
Announcement
Release
9 Jun 2026 8:28AM
Price at Release
$0.203
Full Release
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Summary
Yandal Resources Limited has released new assay results from their RC drilling at the Arrakis gold discovery within the Ironstone Well-Barwidgee (IWB) Project. The drilling program has expanded to include further extensional and infill drilling aimed at assessing the strike extensions and depth continuity of gold mineralization. Significant drill intercepts include notable intersections such as 13 meters at 1.6 g/t Au from 206 meters, and 11 meters at 1.7 g/t Au from 84 meters. Drilling efforts also focus on the Flushing Meadows prospect, aiming to evaluate the extension of previously defined mineral resources into fresh rock. The company is optimistic about the potential for discovering additional high-grade zones, supported by geological observations indicating the presence of multiple parallel structures. These developments are part of Yandal's strategic focus on expanding its mineralized systems across the Yandal Greenstone Belt.
Key Points
  • Yandal Resources conducts extensive RC drilling at Arrakis discovery.
  • Significant gold intercepts include 13m at 1.6 g/t Au from 206m.
  • Focus on extending and infilling known mineralization zones.
  • Flushing Meadows prospect aims to extend resource into fresh rock.
  • Geological observations suggest potential for multiple parallel structures.
  • Strategic emphasis on expanding mineralized systems in Yandal Greenstone Belt.
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.