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Project: | Ironstone Well | |
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Deposit: | Flinders Park, Flushing Meadows | |
Location: | Australia | |
Commodities: | Gold | |
Date: | 12/20/2018 | |
Report Code: | JORC | |
Report Type: | Exploration/Drilling Update | |
Project Stage: | Pursuing Resources Definition | |
Report details: | 20-12-2018: Yandal Resources Ltd. announces an Exploration/Drilling Update report for its Flinders Park, Flushing Meadows deposit at the Ironstone Well project. Drilling results incl. 15m @ 2.03g/t Au from 77m. Yandal Resources Ltd (ASX: YRL, “Yandal Reso | |
Resources: | x | |
CP/QP: | [Overall Report]: Trevor Saul (Internal) | |
ABSTRACT: | Yandal Resources Ltd (ASX: YRL, “Yandal Resources” or the “Company”) is pleased to provide an update on recent exploration activity at the Ironstone Well, Barwidgee and Mt McClure Gold Projects within the Yandal Greenstone Belt in Western Australia (Figure 1). A total of 1,484m of reverse circulation (“RC”) drilling was completed at the Ironstone Well and Mt McClure projects in the September Quarter with final 1m assay results received on December 14th 2018. Holes completed at the Flinders Park prospect were to follow up encouraging historic Aircore (“AC”) intercepts and at the Flushing Meadows prospect drilling aimed to confirm historically reported mineralisation and provide initial QA/QC data for potential Resource compilation. An additional hole was completed at the Challenger Way South prospect also to confirm the location of historic mineralisation. The result from Flinders Park is a great start and now provides us with encouragement to conduct substantial follow-up exploration in the new year. The historic drilling at Flinders Park indicated some potential and now we have expanded on that. We are hopeful that a re-interpretation of the mineralisation to be westerly dipping and having this early success could be a pathway to a new discovery. At Flushing Meadows the new results were largely in line with our expectations and provides confirmation of the reliability of data that has been used for historic Resource Estimates. New program planning to extend the areas that have sufficient quality of data capable of being included in JORC 2012 Compliant Resources is underwa | |
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