Yandal Resources fires up RC rig at Ironstone-Barwidgee
September 07, 2023 at 08:16 pm
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Yandal Resources Ltd (ASX:YRL) MD Tim Kennedy tells Proactive the company has started a reverse circulation (RC) drilling program at Ironstone-Barwidgee Project, which is 30 kilometres from the Jundee processing plant in Western Australia’s northern Yandal Belt, as it makes good on its strategy of targeting prospects with the highest gold potential. This initial phase of drilling aims to test high-priority targets with potential to host large-scale deposits, as identified during a recent project-wide review. The program is expected to take three to four weeks to complete and will involve around 3,500 metres of drilling with assay results to be available in late October. Two prospects will be tested — Oblique and New England Granite — both of which have been assessed as having large-scale discovery potential, having extensive geochemical footprints, and returning significant gold intercepts from historic drilling.
Kennedy said, “This program follows on from a comprehensive review of the extensive target pipeline within Yandal’s project portfolio.
"Our strategy has been to identify those prospects with the highest potential, based on geological setting and geochemical footprint, to result in a discovery that can add significant value to the company. We look forward to completing the program and reporting the results as they come to hand.”
Contact Details
Proactive Investors
Jonathan Jackson
+61 413 713 744
jonathan@proactiveinvestors.com
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Yandal Resources Limited is an Australia-based company focused on exploring its portfolio of gold projects located in the Yandal and Norseman-Wiluna Greenstone Belts in Western Australia. The Company is focused on the discovery of structurally controlled Archaean Lode gold or Orogenic gold mineralization such as Jundee, Bronzewing, Cockburn-Lotus, Centenary-Darlot and Kanowna Belle gold deposits. The Company's projects include Gordons Project, Ironstone Well and Barwidgee Project, and Mt McClure Project. The Gordons Project is located 35 kilometer (km) north of Kalgoorlie. The project covers approximately 52 square kilometers (km2) of tenure adjacent to operating mines at Gordon Sirdar and Mulgarrie. The Ironstone Well & Barwidgee Projects covers approximately 630 km2 contiguous tenure located between the Jundee and Bronzewing mines in the northern Yandal Belt. The Mt McClure Project is located approximately 15 km south-west of the historic Bronzewing gold mine.