InvestSMART

Yandal Resources Limited (ASX:YRL)

ALERT: Price-sensitive ASX Announcement for YRL
Current share price for YRL : $0.190 0.025 (15.15%)+
Announcement
Release
28 Jul 2026 8:22AM
Price at Release
$0.165
Full Release
download
Summary
Yandal Resources Limited announced significant results from its diamond drilling program at the Flushing Meadows deposit, part of the Ironstone Well-Barwidgee Gold Project in Western Australia. The drilling has revealed multiple parallel mineralized structures and extended the known mineralization beyond the current Mineral Resource Estimate (MRE) of 268,000 ounces. Notable intercepts include 4.8 meters at 2.3 grams per ton (g/t) of gold from 175.2 meters, including 1 meter at 6.5 g/t gold from 178 meters. The results suggest strong continuity of gold mineralization in fresh rock and highlight several new, untested structures open at depth and along strike. The company plans further follow-up drilling to refine these targets. Additional results from diamond and reverse circulation (RC) drilling are anticipated in August.
Key Points
  • Significant diamond drilling results from Flushing Meadows deposit.
  • Multiple parallel mineralized structures identified.
  • Extension of mineralization beyond current 268koz MRE.
  • Notable intercepts include 4.8m at 2.3g/t Au, including 1m at 6.5g/t Au.
  • Evidence of strong continuity of gold mineralization in fresh rock.
  • Several new untested structures open at depth and along strike.
  • Further follow-up drilling planned to refine targets.
  • Additional results expected in August.
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.