Yandal Resources confirms high-grade gold at Quarter Moon

Proactive - Interviews for investors

Yandal Resources Ltd (ASX:YRL) managing director Chris Oorschot joins Proactive’s Tylah Tully to discuss confirmation of the presence of multiple high-grade mineralised structures at the Quarter Moon Prospect, part of the Ironstone Well-Barwidgee Gold Project in Western Australia. Results from the first three diamond drill holes reveal up to nine parallel, narrow high-grade structures extending along 800 metres of strike, with mineralisation open along strike and at depth. Significant intercepts include 2.8 metres at 5.9 g/t gold from 105 metres, 2.9 metres at 2.1 g/t from 144 metres and 1 metre at 6.4 g/t from 169 metres. These findings build on reverse circulation (RC) results from July, such as 6 metres at 4.2 g/t gold from 90 metres. The high-grade gold is hosted in narrow shear zones within a dolerite unit, which is a key host rock for mineralisation in the Yandal Greenstone Belt. Oorschot called the confirmation of high-grade structures at depth a “great outcome” and emphasised that the new data would guide more confident targeting for future drilling. Yandal’s exploration activities for the remainder of 2024 include aircore drilling at Caladan and Irulan, with several results expected in the coming months. #ProactiveInvestors #YandalResources #ASX #GoldExploration, #QuarterMoon, #DiamondDrilling, #HighGradeGold, #Mineralisation, #WesternAustralia, #IronstoneWell, #GoldProject, #MiningUpdates, #ExplorationSuccess, #GoldMineralisation, #DoleriteHost, #RCDrilling, #StrikeLength, #ShearZones, #JundeeMiningCentre, #ChrisOorschot, #Geology, #GoldMining #invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews