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Yandal Resources Ltd.
Summary
| Project: | Ironstone Well | |
|---|---|---|
| Deposit: | Flushing Meadows, Flinders Park, Rosewall | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 7/4/2019 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 4-7-2019: Yandal Resources Ltd. announces an Exploration/Drilling Update report for its Flushing Meadows, Flinders Park, Rosewall deposit at the Ironstone Well project. Drilling results incl. 26m @ 1.69g/t Au from 38m. Yandal Resources Ltd (ASX: YRL, “Yan | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Trevor Saul (Internal) | |
| ABSTRACT: | Yandal Resources Ltd (ASX: YRL, “Yandal Resources” or the “Company”) is pleased to report 1m assay results from reverse circulation (“RC”) drill programs at the Flushing Meadows, Flinders Park and Rosewall 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). Individual 1m assays have been returned from a program of 29 angled RC holes for 2,587m which were drilled approximately 100m apart along strike and 40m apart down dip1. Significant mineralisation was returned on all drill lines with most areas open in both the up dip and down dip directions as indicated by earlier 4m composite results1 . All 1m results above a 0.50g/t Au lower cut-off are included in Table 1 with some intervals highlighted in Figure 3 and on a cross section view in Figure 4. Yandal Resources’ Managing Director; Mr Lorry Hughes commented: “We continue to be encouraged by the oxide assay results at Flushing Meadows in particular the identification of multiple parallel gold zones that have received limited exploration. Mineralisation is open in most directions and once we compile the pending results from the 50m infill and initial reconnaissance programs, multiple targets to expand the system will be tested. Our current priorities are to assess the potential for shallow oxide open pits, progressively explore to expand the mineralisation footprint along strike, then as our geological and structural understanding of the system grows test the best targets at depth”. | |
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