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Yandal Resources Limited (ASX:YRL)

ALERT: Price-sensitive ASX Announcement for YRL
Current share price for YRL : $0.200 -0.06 (-23.08%)+
Announcement
Release
15 Jan 2026 8:22AM
Price at Release
$0.260
Full Release
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Summary
Yandal Resources Limited has reported promising results from their Reverse Circulation (RC) and diamond drilling programs at the Arrakis Prospect within the Yandal Greenstone Belt, Western Australia. Significant intercepts have revealed high-grade gold mineralisation, indicating a strong potential for larger structural controls on gold deposits across the more than 2.2km long Arrakis trend. The RC drilling program has successfully mapped out a laterally continuous northwest striking mineralised structure, maintaining a consistent sub-vertical geometry. The initial assay results highlight the potential for shallow oxide mineralisation beneath a thin veneer of transported cover. Additional drilling and metallurgical test work are planned to further explore the Arrakis trend, while the company prepares to establish an expanded field camp to support ongoing exploration activities.
Key Points
  • Significant high-grade gold mineralisation at Arrakis Prospect.
  • RC and diamond drilling confirm strong mineralisation potential.
  • Continuous northwest striking mineralised structure identified.
  • Potential for shallow oxide mineralisation.
  • Planned additional drilling and metallurgical test work.
  • Arrakis trend spans over 2.2km.
  • Yandal Resources Limited focuses on the Yandal Greenstone Belt, Western Australia.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.