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Yandal Resources Limited (ASX:YRL)

ALERT: Price-sensitive ASX Announcement for YRL
Current share price for YRL : $0.165 0.02 (13.79%)+
Announcement
Release
25 Aug 2026 8:02AM
Price at Release
$0.145
Full Release
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Summary
Yandal Resources Limited has reported significant assay results from its recent drilling activities at the Arrakis Prospect within the Ironstone Well-Barwidgee Gold Project in the Yandal Greenstone Belt, Western Australia. The results confirm the presence of new high-grade gold domains. Drill intercepts include 17.5 meters at 2.3 g/t Au, 17.0 meters at 1.1 g/t Au, and 10 meters at 1.8 g/t Au at various depths, indicating a strong potential for further high-grade gold mineralization. The drilling program aims to delineate the scale of the Arrakis discovery, with future exploration targeting deeper, untested extensions below the Yueh Shear Zone. These positive results suggest a promising outlook for increasing the mineral resource base in this region.
Key Points
  • Significant assay results received from infill RC and diamond drilling at Arrakis Prospect.
  • New high-grade gold domains identified at the Ironstone Well-Barwidgee Gold Project.
  • Drill intercepts include 17.5m @ 2.3g/t Au, 17.0m @ 1.1g/t Au, and 10m @ 1.8g/t Au.
  • Potential for further high-grade gold mineralization below the Yueh Shear Zone.
  • Ongoing efforts to delineate the scale of the Arrakis discovery.
  • Positive outlook for increasing the mineral resource base in Western Australia's 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.