Yandal Resources (ASX:YRL) reports it is gearing up for a busy exploration program, after encountering several target prospects with ‘strong’ discovery potential within its Gordons Project, located in Western Australia.
Yandal reports it has released its initial Mineral Resource Estimate (MRE) today (6 April 2023) for its Gordons Dam deposit, located within the company’s Gordons Project.
The company has been pursuing ‘high-grade’ exploration targets including the Malone, Star of Gordon, Meuleman, and Zoehrer prospects, which is immediately along strike from the operating Gordon-Sidar Mine.
The initial Gordons Dam MRE contains a total of 365,000 tonnes @ 1.7g/t Au for 20,000 ounces, reported greater than 1g/t Au lower cut-off grade.
Commenting on the initial MRE, Yandal Resources Managing Director, Tim Kennedy says: “The deposit consists of laterite and paleochannel hosted mineralisation overlying both weathered and fresh bedrock hosted mineralisation. Bedrock mineralisation remains open down-plunge and along strike.
“Gordons Dam highlights that new shallowly covered mineralisation can still be discovered within a short drive of Kalgoorlie”
Recent 3D geological modelling indicates that a felsic intrusion, likely a key mineralisation control, plunges to the north-east and represents a potential future drill target. Importantly, Gordons Dam highlights that new shallowly covered mineralisation can still be discovered within a short drive of Kalgoorlie.”
The MRE was compiled by BM Geological Services Director, Andrew Bewsher and reported in accordance with the guidelines defined in JORC Code 2012.
Yandal states that the company has very busy 2023 exploration activities planned ahead. The planned exploration activities at the ‘high-grade’ prospects include 3D modelling of Gordons geology to assist in prioritising its key prospects, as well as follow-up drill testing.
In addition, all of the reported prospects are yet to be thoroughly tested. The company states these prospects will be evaluated prior to any further drilling at its Gordons Dam deposit.
The company’s wholly owned Gordons Project is located about 35km north of Kalgoorlie in the Eastern Goldfields of Western Australia. The project covers 52km-square of tenure adjacent to operating mines at Gordon Sirdar and Mulgarrie.
Yandal Resources is an Australian-based gold exploration company focused on delivering resource growth and discovery in Western Australia’s tier-one gold deposits. The company’s portfolio of projects includes the Ironstone Well, Barwidgee Gold, Mt McClure Gold, and Gordons Gold projects.
Images: Yandal Resources Ltd
