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- Yandal has two RC rigs and a diamond rig active for extensional RC drilling at Arrakis, focused on mineralised structure.
- Heritage clearance received for Flushing Meadows diamond drilling.
- Nayla Exploration Incentive Scheme (EIS) co-funded.
Yandal Resources (ASX: YRL) is ramping up its exploration activities across the Ironstone Well-Barwidgee gold project in WA. A second RC rig is now on site and has commenced drilling at Arrakis, with a program designed to extend the discovery to the southeast, where the geological structure remains open.
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Yandal has also received heritage clearance for a Flushing Meadows diamond drilling program on schedule ahead of site clearing next week in preparation for RC pre-collar drilling to follow shortly after.
The program aims to complete eight 200-metre spaced diamond holes within fresh rock below the shallow 1.9 km-striking 268,000 ounce mineral resource estimate. First results are anticipated in late April or early May.
The two-hole diamond drilling program at the early-stage Nayla target area is completed. The EIS co-funded diamond drilling program aimed to confirm the presence and type of intrusive within the Nayla target area and test for the occurrence of northwest striking shears comparable to the Siona Shear Zone.
The 600m Salusa RC drilling program is partly complete, with the small program paused following several rain events in late March and early April. The program will be completed once ground conditions recover.
Yandal’s MD, Chris Oorschot, said the active exploration program is proceeding well and the company maintains a strong cash position heading into the busy exploration schedule for 2026.
“The company is looking to consolidate its recent gold discoveries and target new large-scale gold discoveries within the Yandal greenstone belt of Western Australia.”
YRL is steady at 22.0¢. Mkt cap 83.93M.
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