Yandal Resources Says Drilling at Western Australia Discovery Shows High-Grade Gold Mineralisation Continuity at Depth, Shares Fall 9%

MT Newswires Live

07/06

Yandal Resources (ASX:YRL) said diamond drilling completed across the Arrakis discovery, within the Ironstone Well-Barwidgee gold project in Western Australia, showed strong mineralization continuity at depth, confirming depth continuation of the southern high-grade zone with a strike length of 100 meters to 150 meters, according to a Monday Australian bourse filing.

The drilling delivered intercepts of 11.5 meters at 1.6 grams per tonne grade of gold from 347.6 meters, as well as 18 meters at 1.8 g/t grade of gold from 290 meters.

Its shares fell 9% in recent trading on Monday.

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