- Yandal Resources (YRL) begins a major drilling program at its Ironstone Well, Barwidgee and Mt McClure projects in WA’s Yandal Belt
- As part of the program, Yandal plans to complete 8500 metres of reverse circulation drilling and 16,500 metres of aircore drilling to test a number of key gold targets
- Yandal is starting off at the Ironstone Well and Barwidgee projects before the drill rigs move to the Mt McClure project
- The company will continue drilling throughout the September quarter, with assay results expected to be reported over the next several months.
- Yandal Resources shares last traded at 15.5 cents on August 2
Yandal Resources (YRL) has begun a drilling program at its Yandal Belt projects in Western Australia.
Under the program, the company will undertake 8500 metres of reverse circulation (RC) drilling and 16,500 metres of aircore drilling across the Ironstone Well, Barwidgee and Mt McClure projects.
Yandal received approval for the major campaign in late July after completing a heritage survey with the Kultju Aboriginal Corporation.
Drilling will initially test the Cash, Sims Find, New England Granite, Newport, Flushing Meadows, Flinders Park, Quarter Moon and Oblique targets within the Ironstone Well and Barwidgee projects.
Following this, the company will proceed to the Mt McClure project to test target areas adjacent to historical open-cut mines and structural targets identified via aeromagnetic data.
Managing Director Tim Kennedy said the “important” drilling program would test “compelling” targets within the company’s Yandal Gold Belt tenements.
“The Ironstone Well and Barwidgee projects host several exciting targets including the Cash prospect, which is immediately along strike from Northern Star’s Corboys deposit, so we are very much looking forward to accelerating our exploration efforts in this region,” Mr Kennedy said.
Yandal Resources will continue drilling throughout the September quarter, with assay results expected to be reported over the next several months.
Company shares last traded at 15.5 cents on August 2.