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Yandal Resources Ltd (ASX:YRL) is set to kick off a 2,800-metre program of diamond drilling at its Ironstone Well-Barwidgee Gold Project near Wiluna in Western Australia, with several targets identified, including one whose drilling will be partly funded through the state government’s Exploration Incentive Scheme (EIS).
The work will focus mainly on the project’s Oblique and Quarter Moon prospects – which have already been subject to reverse circulation drilling – with five diamond holes to be drilled at Oblique (for 1,500 metres) and three holes at Quarter Moon (for 500 metres).
The EIS-funded work will comprise 800 metres of drilling at the New England Granite prospect.
At Oblique, Yandal wants to test for fresh rock mineralisation, to get a better comprehension of its mineralised system, while at Quarter Moon, the focus is on gaining data on the geometry of its mineralisation, which is known to be high in grade.
At the New England Granite prospect, Yandal wants to test the deformed and gold anomalous southern and eastern margin, to understand why the margins show this anomalism.
Managing Director Tim Kennedy said the drilling work would provide a strong baseline for understanding the mineralisation present at the project.
“This diamond drilling program represents a significant milestone in understanding the broader potential across three very promising exploration targets,” he said.
“The deeper holes testing fresh rock mineralisation across Oblique are of particular
interest to the team, as they will underpin our efforts to understand the mineralisation
potential of the Prospect.
“The diamond drilling at the New England Granite Prospect will prime the team with information from which a larger-scale RC program can be designed and executed.”
Yandal has been trading at 13.5 cents.
