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Yandal Resources Ltd.

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Summary

Project:

Ironstone Well

Deposit:Ironstone Well, Barwidgee
Location:Australia
Commodities:Gold
Date:3/21/2019
Report Code:JORC
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resources Definition
Report details:21-3-2019: Yandal Resources Ltd. announces an Exploration/Drilling Update report for its Ironstone Well, Barwidgee deposit at the Ironstone Well project. Drilling results incl. 10m @ 2.41g/t Au from 0m. Yandal Resources Ltd (ASX: YRL, “Yandal Resources” o
Resources:x
CP/QP:[Overall Report]: Trevor Saul (Internal)
ABSTRACT:Yandal Resources Ltd (ASX: YRL, “Yandal Resources” or the “Company”) is pleased to provide results from recent Air-core (“AC”) drilling at the Ironstone Well and the Barwidgee gold projects located in the highly prospective Yandal Greenstone Belt in Western Australia (Figure 1). A reconnaissance program of 41 angled AC holes for 2,774m was completed at five prospects to confirm and extend historically reported gold mineralisation at the Flushing Meadows, Flinders Park, Quarter Moon, Oblique and Rosewall prospects1 (Figure 2). The program returned significant mineralisation from all prospects with outstanding results from Flushing Meadows, Flinders Park and Rosewall which will now be explored further with reverse circulation (“RC”) drilling scheduled to commence in April 2019. Yandal Resources’ Managing Director; Mr Lorry Hughes commented: “To extend the Flushing Meadows mineralisation strike length from 1 to 2km is an excellent result and it indicates an oxide gold system that is open to the north and at depth. Additional results are due soon from the February Resource drilling and re-sampling program at Flushing Meadows which will assist us to complete the detailed design of new strike extension holes and additional holes to test the system at depth. The mineralisation is very shallow so if we can confirm continuity with Resource style infill RC drilling we should be able to demonstrate economic potential. At the Flinders Park and Rosewall prospects we successfully confirmed the location of mineralisation reported in earlier drilling so we will also further test these prospects with RC drilling as part of the April program”.

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