Yandal Resources completes phase 2 oblique RC drilling program

Yandal Resources Ltd (ASX:YRL) has successfully completed the phase 2 Reverse-Circulation (RC) drilling program across the Oblique Prospect (E 53/1882) as part of the Ironstone Well-Barwidgee Gold Project. The program involved 14 holes and three re-entries, totaling 2,574m of drilling, with multiple fresh rock intercepts achieved. Initial results are expected between late December 2023 and early January 2024.

Executive Commentary on Phase 2 Oblique RC Drilling Program

Despite challenging drilling conditions, the team and our drilling partners were able to complete a majority of the planned program successfully. With the increased number of fresh rock intercepts, the Company's geological understanding of the prospect has grown substantially with each completed RC hole. The widths and strike extent of the relatively rigid chlorite-magnetite altered unit observed in this phase of drilling is very encouraging. We look forward to receiving and interpreting results in the coming weeks.

Summary of Phase 2 Oblique RC Drilling Program

Yandal Resources Ltd (ASX:YRL) has completed the phase 2 Reverse-Circulation (RC) drilling program across the Oblique Prospect, achieving multiple fresh rock intercepts and expanding the geological understanding of the prospect substantially. The magnetic feature has been interpreted to be associated with a laterally continuous chlorite-magnetite altered volcaniclastic, with a true width between 20m to 35m. Initial results are expected between late December 2023 and early January 2024. Looking ahead, the Company has an active H1 2024 planned with priority exploration activities, including interpretation of results from the November RC drilling program, refinement of exploration targets, and preparation for drill testing in various gold projects.