Yandal Resources (ASX: $YRL) completes exploration update

Yandal Resources Ltd (ASX: $YRL) has completed a preliminary review of regional soil sampling results from the northwest portion of the Ironstone Well-Barwidgee (IWB) Gold Project. The company also announced the completion of the 2024 diamond program across the IWB Gold Project, with two EIS co-sponsored diamond holes successfully drilled to target depth. The soil sampling results represent the first broad-scale systematic multi-element dataset across the IWB Project area, providing valuable insights into known and new targets.

Executive commentary on exploration update

Yandal Resources' Managing Director, Mr. Chris Oorschot, expressed satisfaction with the soil sampling results, highlighting the enhancement of the company's understanding of prospectivity and the identification of new exploration targets. He emphasized the significance of the program's success and the intention to extend soil sampling over the emerging Caladan target area. The completion of diamond drilling at the New England Granite Prospect was also noted, with observed evidence of deformation and alteration supporting the granite margin targeting model developed by the exploration team.

Summary of exploration update and outlook

The completion of the soil sampling and diamond drilling program marks a significant milestone for Yandal Resources, providing valuable insights into potential exploration targets and enhancing the company's understanding of prospectivity. The upcoming results from the New England diamond drilling, scheduled RC drilling, and extension of soil sampling over the Caladan Target Area indicate the company's proactive approach to further exploration activities. Yandal Resources remains well positioned to maintain a high level of exploration throughout 2024, with priority exploration activities and forthcoming news expected in the coming weeks and months.