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Yandal Resources (ASX:YRL) commences drilling at Gordons

ASX News, Mining
ASX:YRL      MCAP $32.13M
02 May 2022 14:05 (AEST)

Source: Yandal Resources

Yandal Resources (YRL) has commenced reverse circulation (RC) drilling at its Gordons gold project, located near Kalgoorlie-Boulder in Western Australia.

The drilling program will include up to 12 RC holes, for about 2500 metres, testing targets at and around the Malone Prospect “Kink Zone.”

A key target being tested is a zone of high-grade mineralisation which included five metres at 7.7g/t gold from 210 metres and is around 300 metres west of the Kink Zone.

Last week, a two hole diamond drill program commenced to provide information on lithological and structural controls on this high-grade mineralisation which will help in targeting the current RC program.

“Diamond drilling at Malone has got off to a good start with our team already noting the presence of sulphides and extracting valuable geological information. Now we look forward to stepping out along strike with the RC rig to test the extent of high-grade mineralisation,” Managing Director Tim Kennedy said.

“Given “smoke” occurs over a broad area at the Malone Kink Zone together with the demonstrated potential for high-grade gold, we regard this as the highest priority target at the Gordon’s Project and are keenly awaiting the outcome of both these drilling programs.”

On the market, Yandal Resources was in the grey and last traded at 24 cents per share at 2:03 pm AEST.

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