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Yandal Resources Ltd.
Summary
| Project: | Ironstone Well | |
|---|---|---|
| Deposit: | Flushing Meadows, Flinders Park | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 11/27/2019 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 27-11-2019: Yandal Resources Ltd. announces an Exploration/Drilling Update report for its Flushing Meadows, Flinders Park deposit at the Ironstone Well project. Drilling results incl. 72m @ 1.18g/t Au from 16m. Yandal Resources Ltd (ASX: YRL, “Yandal Reso | |
| 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 and 4m composite sample assay results from reverse circulation (“RC”) and Air-core (“AC”) drilling at the Flushing Meadows and Flinders Park prospects located in the highly prospective Yandal Greenstone Belt in Western Australia. The prospects occur within the regionally extensive Barwidgee Shear Zone, are located 60km south-west of the mining town of Wiluna and are within close proximity of a number of gold development projects and operating mines (Figure 1). Yandal Resources’ Managing Director; Mr Lorry Hughes commented: “We have completed just over 5,000m of the current 20,000m drilling program to test several priority Yandal Belt prospects. Results to date suggest Resource expansion is likely. Flushing Meadows mineralisation is open down dip and we have intersected significant gold in the primary zone. It is encouraging that high grades are present at depth within parts of the mineral system explored to date and further drilling is warranted to determine the potential to define high quality underground Resources. New gold intercepts within the oxide zone increase the potential to define shallow Resources that can be exploited via open pit mining methods particularly as a number commence from surface. We look forward to receiving the individual 1m results from these holes in the coming weeks and those from new deeper drilling across the deposit over the coming months”. | |
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