Yandal Resources Ltd (ASX:YRL) has received initial assays from a 4,500-metre reverse circulation (RC) drilling program across the Oblique and Quarter Moon prospects at the Ironstone Well-Barwidgee (IWB) Gold Project in Western Australia.
Results from the first three holes of the RC drilling program have extended the known mineralisation at Oblique by 500 metres north of previous drilling by Yandal last year, confirming the presence of similar oxide/transitional mineralisation.
Notable intercepts include 15 metres at 1.7 g/t gold from 74 metres, including 3 metres at 5.3 g/t from 79 metres; and 3 metres at 1.5 g/t gold from 66 metres.
These initial results from drilling across Oblique have confirmed the presence of oxide/transitional mineralisation similar in style to mineralisation from 2023 drilling more than 500 metres to the south.
"Very satisfying"
Yandal Resources managing director Tim Kennedy said, “It is very satisfying to see a compelling intercept in these early results, particularly given the difficult weather conditions endured by the team in March.
“These initial results demonstrate the under-explored nature and potential scale of the Oblique Prospect, with a material intercept 500 metres north of any previous RC drilling by the company; we look forward to providing further updates as more results are received.”
Exploration continues
The ongoing RC program aims to follow up on several shallow intercepts from the 2023 RC drilling program as well as further test around several anomalous historic shallow RAB holes to the north. It will also complete several diamond pre-collars in preparation for diamond drilling in May.
In addition to the drilling results, Yandal has been actively acquiring further prospect and regional scale datasets. It advises that an Infill drone magnetic survey has been completed, improving the resolution of aerial magnetics across the Oblique prospect.
A large ground gravity survey was also completed at the IWB Project that will significantly contribute to developing additional early-stage exploration targets.
Further, a large-scale soil sampling program across the project is 60% complete.
"Improved resolution"
“The drone magnetic survey provides significantly improved magnetic resolution across the Oblique Prospect, enabling the team to interpret structures across the prospect with more confidence in the future,” said Kennedy.
“Furthermore, we eagerly await the processed ground gravity data over what is a very under-explored portion of the Ironstone Well-Barwidgee Project.
"Gravity data will enable the team to resolve major structures and stratigraphic units, providing a better definition of emerging targets where aerial magnetics is obscured by deep weathering and transported cover.”
Focused on gold discoveries
Yandal said that while an intense rainfall event during March led to various logistical challenges — resulting in operational delays during late March and April — ground conditions had since improved, allowing exploration activities to proceed without hindrance.
The company is well-funded and focused on making significant gold discoveries on its portfolio of highly prospective 100%-owned gold projects in the Yandal and Norseman-Wiluna Greenstone Belts in Western Australia.
A collar plan for the Oblique Prospect displaying all drilling collars, colour-coded by max Au in hole (g/t Au), overlying a composite aerial magnetic image.