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Yandal Resources Ltd.
Summary
| Project: | Ironstone Well | |
|---|---|---|
| Deposit: | Flushing Meadows | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 7/16/2019 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 16-7-2019: Yandal Resources Ltd. announces an Exploration/Drilling Update report for its Flushing Meadows deposit at the Ironstone Well project. Drilling results incl. 36m @ 0.91g/t Au from 40m. Yandal Resources Ltd (ASX: YRL, “Yandal Resources” or the “C | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Trevor Saul (Internal) | |
| ABSTRACT: | Yandal Resources Ltd (ASX: YRL, “Yandal Resources” or the “Company”) is pleased to report new assay results from reverse circulation (“RC”) drill programs at the Flushing Meadows prospect located in the highly prospective Yandal Greenstone Belt in Western Australia. The prospect occurs within the regionally extensive Barwidgee Shear Zone, is located 60km south-west of the mining town of Wiluna and is within close proximity of a number of gold development projects and operating mines (Figure 1). Composite assays over 4m have been returned from a program of 27 angled RC holes for 2,430m which were drilled approximately 50m apart along strike and 40m apart down dip. Significant mineralisation was returned on all drill lines with most areas open in both the up dip and down dip directions similar to previously released results from drilling on 100m spaced lines1 . Yandal Resources’ Managing Director; Mr Lorry Hughes commented: “Excellent continuity of broad oxide mineralisation interspersed with some higher grades has been confirmed now on 50m line spacings along strike and 40m spacings down dip. The drilling has also highlighted numerous open positions throughout the deposit for priority follow up drilling including up dip from high grades in hole YRLRC0101 and at depth beneath holes YRLRC0052, 56, 91, 97, 106, 109 and 110. We believe additional drilling is warranted to expand the mineralisation envelope and it will be scheduled upon completion of the current resource compilation activities”. | |
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