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Yandal Resources Ltd.
Summary
| Project: | Ironstone Well | |
|---|---|---|
| Deposit: | Flushing Meadows | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 7/6/2020 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 6-7-2020: Yandal Resources Ltd. announces an Exploration/Drilling Update report for its Flushing Meadows deposit at the Ironstone Well project. Drilling results incl. 16m @ 2.2g/t Au from 80m. The Feasibility Study, Mining Proposal and Mine Closure Plan, | |
| Resources: | (Resource, I+I): 4.6Mt @ 1.29g/t Au at Flushing Meadows | |
| CP/QP: | [Overall Report] Trevor Saul (Internal) | |
| ABSTRACT: | The Feasibility Study, Mining Proposal and Mine Closure Plan, contemplate construction of a conventional open pit (only) mining operation with road haulage to third party processing facilities conducted by contractors and managed by Yandal Resources. Work streams are have commenced by a combination of Yandal Resources personnel and independent resource industry consultants. Geology and Mineral Resource Estimates The current JORC Code 2012 MRE for the Flushing Meadows deposit (Tables 1 and 2) was compiled in September 2019 by BM Geological Services Pty Ltd (“BMGS”) with the geological database supplied by Yandal Resources. Since the September MRE the Company has completed over 12,000m of Resource quality RC drilling in 139 holes with detailed data quality assurance/quality control testing to expand and confirm the MRE. It is anticipated that when completed the MRE will contain a larger portion of material reporting to the higher confidence Indicated Resource category. An upgraded MRE is planned to be completed by BMGS in the September Quarter 2020 and will include all prior drilling | |
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