Australia

Yandal Resources drilling reveals two new areas of gold mineralisation

Yandal Resources Ltd (ASX:YRL) has revealed further high-grade gold results from drilling at the Ironstone Well and Barwidgee gold projects in the Yandal Greenstone Belt of WA.

Location map of key prospects within the Ironstone Well, Barwidgee and Mt McClure gold projects in relation to nearby third party infrastructure and project tenure.

At Flushing Meadows Prospect, results have been received from a further nine reverse circulation (RC) holes for 1,205 metres which were completed from 60 – 174 metres depth in areas within and adjacent to the Flushing Meadows Resource.

Highlights include:

  • 12 metres at 3.44g/t gold from 47 metres including 1 metre at 17.47/t gold from 54 metres (YRLRC183); and
  • 5 metres at 1.97g/t gold from 9 metres and 3 metres at 2.25g/t gold from 23 metres.

At Flinders Park, eight aircore holes for 831 metres and five RC holes for 518 metres were drilled on the historical Melrose in order to assess the influence of interpreted off-setting faults.

RC hole YRLRC0160 returned 4 metres at 2.75g/t gold from 45 metres downhole and is 200 metres north east of the best intercept at the prospect to date (15 metres at 2.03g/t gold from 77 metres).

Flushing Meadows North to Flinders Park prospect collar plan over a bottom of hole geology interpretation showing the location of recently completed RC and aircore holes plus new 1-metre results from the Flushing Meadows South prospect.

Yandal managing director Lorry Hughes said: “Our reconnaissance drilling on the Barwidgee Shear Zone along strike from Flushing Meadows is starting to pay dividends with the discovery of two new areas of significant mineralisation.

“The Northern Target area is open in all directions with initial grades up to 4.27g/t gold returned.

“In the Southern Target area significant mineralisation was returned from four separate AC drill lines covering a strike length of 1km Read More – Source