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Yandal Resources Limited (ASX:YRL)

ALERT: Price-sensitive ASX Announcement for YRL
Current share price for YRL : $0.090 -0.13 (-59.09%)+
Announcement
Release
8 Sep 2026 8:16AM
Price at Release
$0.220
Full Release
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Summary
Yandal Resources Limited (ASX: YRL) announced further drilling results from the Arrakis Prospect at its 100%-owned Ironstone Well-Barwidgee Gold Project in Western Australia, reporting that diamond tail hole 26IWBRC0117D returned 24.2m at 1.4g/t Au from 237.8m, including 8.3m at 3.0g/t Au and 3.0m at 5.4g/t Au, and thereby extended the newly defined higher-grade Domain C about 80m down-plunge to an approximate vertical depth of 200m, with the zone remaining open at depth; the company said the result supports an increase in both mineralisation width and grade with depth and builds on previously reported strong Arrakis intercepts including 20m at 8.7g/t Au in 26IWBRC0120, 17.5m at 2.3g/t Au and 17.0m at 1.1g/t Au in 26IWBRC0121D, and 50m at 1.3g/t Au in 25IWBRC0042, with combined data indicating Domain C plunges about 45 degrees to the southwest within a broader Arrakis mineralised system currently defined over more than 1.3km of strike and hosted in a deformed porphyritic dacite intrusive; the announcement also noted pending assays from final diamond tail 26IWBRC0116D, planned follow-up drilling at Arrakis, and supporting geological interpretation that higher-grade mineralisation is structurally controlled and associated with more intense brittle-ductile deformation, silica-pyrite-arsenopyrite alteration and brecciation along intrusive margins.
Key Points
  • Yandal Resources announced new Arrakis drilling results on 8 September 2026.
  • Diamond tail hole 26IWBRC0117D returned 24.2m at 1.4g/t Au from 237.8m, including 8.3m at 3.0g/t Au and 3.0m at 5.4g/t Au.
  • The 26IWBRC0117D intercept extends the newly defined high-grade Domain C by about 80m down-plunge.
  • Domain C remains open at depth and was intersected at an approximate vertical depth of 200m.
  • Results indicate an increase in both the width and grade of gold mineralisation with depth at Arrakis.
  • Previously reported Arrakis results supporting Domain C include 20m at 8.7g/t Au in 26IWBRC0120, 17.5m at 2.3g/t Au and 17.0m at 1.1g/t Au in 26IWBRC0121D, and 50m at 1.3g/t Au in 25IWBRC0042.
  • Combined drilling suggests Domain C plunges about 45 degrees to the southwest.
  • Arrakis primary fresh rock mineralisation has been defined over more than 1.3km of strike within the Ironstone Well-Barwidgee Gold Project.
  • Arrakis mineralisation is hosted in a deformed porphyritic dacite intrusive between pillow basalt and dolerite units.
  • Yandal said follow-up drilling at Arrakis is warranted and final assays from hole 26IWBRC0116D were expected in September.
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.