Yandal Resources Ltd (ASX: YRL) has identified further extensions with final assay results from the air-core drilling programme completed at the Ironstone Well/Barwidgee (IWB) and Mt McClure (MMC) Gold Projects in the March quarter.
The air-core programme comprised 101 holes for 4,970m. At the IWB Project, broad spaced (nominally 800m x 100m) drilling was undertaken as an initial test of the strike extension to structures controlling known mineralisation.
At the Mt McClure Project, initial air-core traverses were completed over a series of targets in the hanging-wall sequence to the Mt McClure “line of lodes” focusing on structurally bound demagnetised zones and untested surface geochemical anomalism.
This air-core programme was reconnaissance in nature, designed to test a number of target areas for prospective geology and evidence of mineralisation,” Managing Director, Tim Kennedy, said.
“At Ironstone Well/Barwidgee it was very encouraging to see a strong geochemical response, up to 3.2g/t Au, approximately 700m north along strike from Quarter Moon. This adds further strike potential to the prospect which is regarded as high priority, and was already earmarked for RC drill testing in Q3-Q4 once heritage approvals have been received.
“Several lower order intercepts from a single traverse drilled at Roland Garros indicates that this prospect, which is situated along a splay structure in the hanging wall sequence to the Flushing Meadows Resource is prospective and warrants further work.
“The drilling at Mt McClure returned positive results from three of the eleven targets tested. Given the largely conceptual nature of most of the targets and the very preliminary nature of drilling, this is a good hit rate. We intend on following up each of these targets once the results have been fully interpreted.”
Future activity
The company has a very active Q1-Q2 2023 planned with priority exploration activities, including;
1. Receive results from RC drilling at the HMS Sulphur Prospect at MMC that will enable an initial Mineral Resource Estimate for that prospect.
2. Complete 3D modelling of historic and recent drilling data at MMC to establish controls on potential higher-grade plunging shoots for follow-up drill testing.
3. Follow-up significant air-core drill results over structural and geochemical targets at Mt McClure and Ironstone Well/Barwidgee.
4. Arrange access approval for drill testing targets at Ironstone Well/Barwidgee, including Quarter Moon, Oblique and the New England prospects.
5. Follow-up of targets highlighted in the recent independent geological targeting studies at Gordons (completed by Ben McCormack of Outlier Geoscience) and Ironstone Well/Barwidgee (completed by Mike Outhwaite of Lithify Pty Ltd).
For further information please visit: https://www.yandalresources.com.au/
