Yandal Resources (ASX: $YRL) Exploration Update

Yandal Resources Ltd (ASX: $YRL) has announced the completion of the RC drilling program at the Oblique Prospect, confirming the continuity of wide oxide mineralisation within the OBL01 structure and extending mineralisation to the north. The company has received all assay results from the RC drilling program, which was part of a larger 4,500m RC and 2,800m diamond drilling program. The results reveal encouraging findings, including significant intercepts that indicate the presence of broad and higher-grade mineralisation associated with the OBL01 structure at the Oblique Prospect.

Executive Commentary on Exploration Results

Commenting on the new results, Yandal Resources' Technical Director, Mr Chris Oorschot, expressed optimism, stating, 'The latest round of Oblique RC results are very encouraging. Closer spaced drilling within and to the south of the OBL01 structure has confirmed the interpreted geometry and mineralisation continuity of the structure. RC drilling results from the north of Oblique build on the 15m @ 1.7g/t result from late April, displaying similar geological characteristics to the OBL01 structure 500m to the south. The ongoing diamond drilling program is focused on collecting detailed information concerning stratigraphy, structure, alteration, and geological timing relationships to provide invaluable context to assay results and allow an effective evaluation of the Oblique Prospect's broader potential.' He further added, 'The Yandal exploration team is well placed to realize larger-scale discovery opportunities across the Ironstone Well-Barwidgee Gold Project as we head into the second half of 2024 with the ongoing diamond drilling program, combined with some exceptional conceptual targets derived from the recently acquired ground gravity data and the soon to be received regional soil results.'

Summary of ASX Announcement

Yandal Resources Ltd (ASX: $YRL) has successfully completed the RC drilling program at the Oblique Prospect, with encouraging results confirming the continuity of wide oxide mineralisation within the OBL01 structure and extending mineralisation to the north. The company has also made progress in the diamond drilling program, identifying numerous intervals of interest with different styles of veining and alteration observed. The ongoing exploration activities indicate the company's focus on making significant gold discoveries on its highly prospective 100% owned gold projects in the Yandal and Norseman-Wiluna Greenstone Belts in Western Australia. With the anticipation of regional soil sampling results, RC results for the Quarter Moon prospect, and the completion of diamond drilling at Oblique and the start of diamond drilling at the Quarter Moon Prospect, Yandal Resources remains committed to its exploration efforts and the potential for larger-scale discovery opportunities across its gold projects.