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Yandal Resources Limited (ASX:YRL)

ALERT: Price-sensitive ASX Announcement for YRL
Current share price for YRL : $0.195 0.005 (2.63%)+
Announcement
Release
15 Jun 2026 8:24AM
Price at Release
$0.190
Full Release
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Summary
Yandal Resources Limited has completed systematic testing of fresh rock mineralisation at the Flushing Meadows deposit, revealing significant gold intercepts including 20m at 1.7g/t and 2m at 3.3g/t. Results indicate potential for high-grade mineralisation and highlight the need for further drilling to understand the extent of mineralised structures beyond the current resource estimate. Follow-up RC drilling is planned, with seven diamond holes already completed, all confirming the mineralised structures.
Key Points
  • Completion of the first effective and systematic test of primary fresh rock mineralisation across the Flushing Meadows deposit.
  • Assessment of potential high-grade mineralisation within fresh rock.
  • Identification of key stratigraphic, intrusive, and structural controls on mineralisation to inform a preliminary geological model.
  • Received results from eight RC pre-collars spaced approximately 200m along strike.
  • Significant intercepts include 20m @ 1.7g/t Au from 55m and 2m @ 3.3g/t Au from 4m.
  • The RC pre-collar of 26IWBRC0098DA presents the first indication of mineralised structures outside the current footprint of the Flushing Meadows MRE.
  • Further drilling is needed to understand the mineralisation's relation to existing drilling.
  • Follow-up RC drilling is scheduled for late June or early July.
  • Completion of seven out of eight diamond holes, with all intercepting the interpreted down-dip Flushing Meadows mineralised structures.
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.