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Yandal Resources Limited (ASX:YRL)

ALERT: Price-sensitive ASX Announcement for YRL
Current share price for YRL : $0.183 -0.028 (-13.10%)+
Announcement
Release
25 Jun 2026 8:15AM
Price at Release
$0.210
Full Release
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Summary
Yandal Resources Limited has completed a diamond drilling program at the Flushing Meadows deposit, part of the Ironstone Well-Barwidgee Gold Project. Initial results from the first diamond hole, 26IWBRC0095D, revealed significant gold intercepts, suggesting potential for primary mineralisation within altered iron-rich sediments. The program, which covered 1.6 km of strike with eight diamond holes, aims to assess high-grade mineralisation and develop a geological model. Results from further drilling are anticipated in July, along with ongoing air-core drilling efforts across the Flushing Meadows and Giedi Prime target area. Yandal Resources seeks to expand the current 268,000-ounce gold resource and has planned additional exploration activities to explore new mineralised systems.
Key Points
  • Yandal Resources completed a diamond drilling program at Flushing Meadows within the Ironstone Well-Barwidgee Gold Project.
  • First results from diamond hole 26IWBRC0095D showed significant gold intercepts, indicating potential for primary mineralisation.
  • The drilling program aimed to assess high-grade mineralisation within fresh rock and develop a preliminary geological model.
  • The program included eight diamond holes spaced 200m apart, covering 1.6 km of strike.
  • Further results from additional diamond drilling are expected in July, with ongoing air-core drilling across Flushing Meadows and the Giedi Prime target area.
  • Yandal Resources aims to expand the Flushing Meadows deposit, which hosts a Mineral Resource Estimate of 268,000 ounces of gold.
  • The company plans further exploration activities, including RC and diamond drilling, to delineate new mineralised systems.
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.