Yandal Resources accelerates exploration at Gordons Dam Gold discovery with drilling underway

Yandal Resources Ltd (ASX:YRL) has an aggressive drilling program planned for its Gordons Dam discovery, 30 kilometres north of Kalgoorlie in Western Australia.  A total of four rigs will be operational in July at Gordons Dam and the new Malone prospect – as part of the company’s planned 100,000 metres of drilling across all of its projects for 2021.  In the near term, the company also expects to release new drilling updates from its Yandal Belt brownfields projects, including the Sims Find prospect.  Yandal is also preparing for investor site visits to Gordons Dam during the upcoming Diggers and Dealers conference in August.  Gordons Gold Project At Gordons Dam, high-grade oxide and shallow bedrock intercepts from reverse circulation (RC) drilling and diamond drilling demonstrate the enormous potential for a significant gold deposit (targeting a Kanowna Belle style deposit +10 million ounces). RC intercepts include: 2 metres at 10.83 g/t including 1 metre at 20.68 g/t from 118 metres; 2 metres at 11.10 g/t including 1 metre at 20.41 g/t from 73 metres; 8 metres at 11.03 g/t including 1 metre at 73.12 g/t from 36 metres; 8 metres at 7.47 g/t including 3 metres at 18.31 g/t from 34 metres; 4 metres at 9.48 g/t from 100 metres; 8 metres at 7.33 g/t including 1 metre at 47.69 g/t from 35 metres; and 51 metres at 1.41 g/t including 1 metre at 52.81 g/t from 35 metres. Bedrock mineralisation has currently intersected over 1.5 kilometres of strike length and remains open within a combined 14 kilometres of target horizons. Malone prospect Numerous assay results pending from RC and diamond drilling at the New Malone prospect 500 metres west of Gordons Dam returned highly anomalous aircore (AC) intercepts at or near the bedrock interface including: 5 metres at 1.94 g/t including 1 metre at 8.21 g/t from 65 metres; 4 metres at 1.52 g/t from 83 metres at end-of-hole; 9 metres at 1.39 g/t including 2 metres at 4.73 g/t from 58 metres; and 3 metres at 1.48 g/t from 84 metres at end-of-hole. The Gordons Dam and Malone targets Yandal Belt brownfields exploration The company is also focused on exploration across its projects in the Yandal Belt, where it holds 55 kilometres strike of contiguous mining tenements over the highly prospective Yandal Greenstone Belt (472 square kilometres). The landholding contains multiple brownfields deposits and prospects 40-70 kilometres from the Jundee, Bronzewing and Wiluna gold plants – where there has been no exploration of major gold-bearing structures for 25 years. Yandal plans to aggressively drill ineffectively tested areas within about 8 kilometres of known mineralisation to make new discoveries and rapidly add ounces. Barwidgee Project New high-grade RC intercepts at Sims Find include: 8 metres at 24.30 g/t including 1 metre at 129 g/t from 9 metres; 3 metres at 20.85 g/t including 1 metre at 62.25 g/t from 30 metres; 5 metres at 6.53 g/t including 1 metre at 30.40 g/t from 17 metres; and 2 metres at 9.06 g/t including 1 metre at 17.90 g/t from 48 metres. All areas outside of the current Sims Find footprint have received only shallow reconnaissance style exploration drilling that the company considers ineffective in most areas. The 3,000 metres Phase 1 RC follow-up drilling is complete and assays are pending. Yandal’s strategy is to complete downhole televiewer logging on mineralised holes to interpret structure and follow-up with substantial RC and diamond drilling. Ironstone Well Project The majority of historic exploration has been focused along the Barwidgee Shear Zone, and the company’s strategy is to intensify exploration drilling to test prospective geology in areas where there has been limited effective exploration outside and adjacent to historic deposit areas. New high-grade RC intercepts at Flinders Park to date include: 14 metres at 4.39 g/t from 45 metres including 1 metre at 42.47 g/t; and 13 metres at 2.90 g/t from 36 metres including 1 metre at 21.05 g/t. The company’s plan at Flushing Meadows (which is more than 2 kilometres long and open at depth) is to drill beneath 250 metres and grow the 268,000-ounce resource. The Oblique and Quarter Moon prospects are both 1 kilometre long and open with virtually no effective drilling within 4 kilometres. Drill site preparation is now underway with high-impact drilling to follow. Initial broad spaced lines for AC to bedrock (~100 metres depth) have commenced with deep RC and diamond drilling to 350 metres to follow. The company's landholding in the Yandal Belt. Mt McClure Project The company has also scheduled deep RC/diamond drilling at its Mt McClure Project, which was historically mined (100,000 ounces). Significant mineralisation occurs beneath and along strike from all pits with two high priority targets defined with recent drilling at the HMS Sulphur (RC intercepts up to 12.24 g/t) and Parmelia prospects (multiple zones with RC intercepts up to 7.13 g/t). The drilling is scheduled for July.