Yandal Resources (ASX:YRL) has received heritage approval to launch reverse circulation (RC) drill testing at ‘high-priority’ prospects within its Ironstone Barwidgee Project in Western Australia.
Drilling is scheduled to begin during the September quarter of 2023 at the Quarter Moon, Oblique, and New England prospects.
The company says these prospects are ranked as the ‘highest priority’ within the project, having strike extents of over 1.5km and returning ‘significant’ mineralisation from earlier Yandal and historical drilling programs.
These historical drill results include hole CYPFRC15 with 8m @ 2.7g/t Au from 86m and drillhole CYPIWR294 with 6m @ 3g/t Au from 35m at Oblique.
Meanwhile, at the Quarter Moon prospect, drillhole CYPFRC6 struck 3m @ 11g/t Au from 80m and drillhole GCMQTMC6 with 6m @ 3.4g/t Au from 142m.
Commenting on the company’s recent heritage survey in the area, Yandal Resources Managing Director Tim Kennedy says: “With heritage clearance completed, drilling can proceed at our key prospects within the Ironstone Well-Barwidgee Project.
Quarter Moon and Oblique are prospects where previous Yandal and historical drilling has demonstrated scope for large gold systems, each more than 1.5km in strike length.
“With heritage clearance completed, drilling can proceed at our key prospects within the Ironstone Well-Barwidgee Project”
New England Granite is an exciting emerging prospect that shows all the hallmarks of a typical granite-contact gold system, with up to 4km of gold anomalism in previous wide-spaced drilling.”
Yandal Resources holds a portfolio of ‘advanced’ gold exploration projects in the Yandal and Norseman-Wiluna Greenstone Belts of Western Australia.
On 31 March 2023, the company had $4.9 million cash and cash equivalents at hand, according to its latest quarterly report published on 26 April 2023.
Write to Aaliyah Rogan at Mining.com.au
Images: Yandal Resources Ltd
