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Yandal Resources Limited (ASX:YRL)

ALERT: Price-sensitive ASX Announcement for YRL
Current share price for YRL : $0.165 -0.01 (-5.71%)+
Announcement
Release
10 Aug 2026 8:36AM
Price at Release
$0.175
Full Release
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Summary
Yandal Resources Limited announced significant assay results from the Arrakis gold discovery within the Ironstone Well-Barwidgee Gold Project. The standout intercept was 20m at 8.7g/t Au from 84m, including sections of 6m at 28.3g/t Au and 3m at 52.8g/t Au. Additional notable results were 12m at 1.8g/t Au from 31m and 10m at 1.6g/t Au from 114m. The drilling program was designed to identify high-grade domains within the 1.3km Arrakis mineralized system, with future drilling planned to confirm the continuity and geometry of the identified high-grade domains.
Key Points
  • Yandal Resources Limited reports significant assay results from the Arrakis gold discovery within the Ironstone Well-Barwidgee Gold Project.
  • The headline result of 20m at 8.7g/t Au from 84m includes a remarkable intercept of 6m at 28.3g/t Au and 3m at 52.8g/t Au.
  • Additional significant results include 12m at 1.8g/t Au from 31m and 10m at 1.6g/t Au from 114m.
  • The drilling program aimed to uncover high-grade domains within the 1.3km Arrakis mineralized system.
  • Yandal Resources' Managing Director highlighted the exceptional nature of the drill program's results.
  • The results suggest a potential new high-grade domain within the Arrakis structure, pending further drilling to confirm its geometry and continuity.
  • Future plans include receiving results from further drilling and finalizing exploration targets for the Arrakis discovery.
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.