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Yandal Resources Ltd.

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Summary

Project:

Ironstone Well

Deposit:Flushing Meadows
Location:Australia
Commodities:Gold
Date:2/18/2020
Report Code:JORC
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resource Increase/Upgrade
Report details:18-2-2020: Yandal Resources Ltd. announces an Exploration/Drilling Update report for its Flushing Meadows deposit at the Ironstone Well project. Drilling results incl. 12m @ 3.44g/t Au from 47m. Yandal Resources Ltd (ASX: YRL, “Yandal Resources” or the “C
Resources:(Resource, I+I): 4.6Mt @ 1.29g/t Au at Flushing Meadows
CP/QP:[Overall Report]: Trevor Saul (Internal)
ABSTRACT:Yandal Resources Ltd (ASX: YRL, “Yandal Resources” or the “Company”) is pleased to report further 1m sample assay results from reverse circulation (“RC”) and Air-core (“AC”) drilling at the Ironstone Well and Barwidgee gold projects located in the highly prospective Yandal Greenstone Belt in Western Australia. A number of priority prospects occur proximal to a >50km long section of the regionally extensive Barwidgee Shear Zone, are located 60km south-east of the mining town of Wiluna and are within close proximity to a number of gold development projects and operating mines (Figure 1). Yandal Resources’ Managing Director; Mr Lorry Hughes commented: “Our reconnaissance drilling on the Barwidgee Shear Zone along strike from Flushing Meadows is starting to pay dividends with the discovery of two new areas of significant mineralisation. The Northern Target area is open in all directions with initial grades up to 4.27g/t Au returned. Individual 1m assay results have been received from AC and RC drilling at the Flushing Meadows North, Flushing Meadows, Flushing Meadows South, Flinders Park and Copan prospects. The drilling was completed in the December Quarter 2019 and comprised 17 RC holes for 2,003m and 44 reconnaissance AC holes for 4,600m (Figures 2 - 4)

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