Yandal Resources to begin 10,000 metre drilling program at Ironstone Well Gold Project next month

By Deputy Chief EditorApril 28, 2020

130 2 minutes read

Yandal Resources Ltd (ASX:YRL) is set to begin a 10,000 metre drilling program in May as part of open-pit mining feasibility work at the Flushing Meadows prospect within the Ironstone Well Gold Project in Western Australia.

These work streams will include resource and reserve definition, grade control simulation, metallurgical, geotechnical and hydrogeological studies.

During the quarter ending March 31, the companys Flushing Meadows prospect continued to return excellent results from shallow oxide material such as:

5 metres at 5.84 g/t gold from 33 metres, including 9 metres at 5.14 g/t from 41 metres; and
12 metres at 3.44 g/t from 47 metres.

The companys cash position as at March 31 was $4.4 million which ensures adequate funding to carry out aggressive exploration programs in 2020.

June quarter activities[hhmc]

In the current June quarter Yandal plans to focus on the following activities:

Receive/interpret all pending assays from the Barwidgee and Gordons projects;
Complete 2,800m AC drilling program at the Gordons project;
Complete 6,000m infill RC program at Flushing Meadows and commence diamond drilling program for geotechnical and metallurgical purposes;
Start planning for a Heritage survey over priority exploration areas including the Flushing Meadows Resource as part of ongoing drilling and mining approvals activities; and
Begin Flushing Meadows MRE update and associated pit optimisation studies.

Next phase of feasibility “designed” and budgeted[hhmc]

Managing director Lorry Hughes said: “The next phase of feasibility study activity is designed, budgeted and will commence at Flushing Meadows in May with 6,000 metres of infill RC drilling to increase confidence in the grade and continuity of shallow resources.

“Geotechnical, hydrogeological, metallurgical and grade control work streams will commence toward the back end of the infill program.

“Yandals exploration and development programs are currently largely unaffected by intrastate travel restrictions announced by the Western Australian Government on March 31 which have been put in place to assist reducing the spread of the global pandemic COVID-19 virus.

“Appropriate protocols to reduce the associated risks to employees and contractors have been put in place for both office and field operations.

“The board is monitoring the situation closely in case further action is required.”

The advanced Flushing Meadows prospect occurs within the regionally extensive Barwidgee Shear Zone, around 60 kilometres south-west of the mining town of Wiluna and within close proximity to a number of operating gold mines and major development projects.

Ironstone Well & Barwidgee Projects – Reconnaissance Prospects[hhmc]

New reverse circulation (RC) and air-core (AC) drill testing of exploration targets along strike from Flushing Meadows plus a number of regional targets were planned to be completed during the March Quarter however the majority of the programs were delayed due to rain and operational rescheduling.

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