Yandal Resources' (ASX: YRL) air-core drilling results from its Caladan target in WA returned several significant intercepts.
The company has received all assay results from the first line of air-core drilling across the large-scale Caladan target area. Seventeen holes were drilled along a single line that transects the core of the Caladan Fold for a total of 2,688m.
The Caladan target area is part of the broader Ironstone Well–Barwidgee (IWB) Gold Project , located approximately 60km north of Northern Star’s (ASX: NST) Bronzewing mining complex, 60km south of the Jundee mining complex (ASX: NST), and 18km north of the emerging Siona discovery, within the Yandal Greenstone Belt.
The Caladan target area is an early-stage, large-scale exploration search space identified following the completion of a ground gravity survey in early 2024. In late 2024, air-core drilling was completed along one line across the core of the Caladan target area, testing the core of the CAL-01 anomaly. The AC results represent the first effective drilling (testing the full regolith sequence through transported cover) across the Caladan target area. Holes are variably spaced between 200m to 50m along the single drill line.
The significant results were intercepted close to the core of the > 3.0km long Cal-01 geochemical anomaly. Follow-up drilling on the existing AC line will be scheduled in the coming weeks, and the company is scheduling a heritage survey to clear additional line.
“This is an extremely satisfying result for Yandal and is the product of excellent work completed by the Exploration Team. The Caladan target area was only a concept six months ago,” Managing Director, Chris Oorschot, said.
“The re-capture and analysis of historic data identified a 3km long low-level geochemical anomaly under transported cover associated with the Caladan Fold axis. To have an intercept of this tenor after completing one line of first-pass air-core drilling within this large-scale geochemical anomaly is highly encouraging and may represent the emergence of a new greenfield discovery.
“We are very excited by these initial results and will look to complete follow-up drilling on the cleared air-core line as soon as possible, and more broadly, preparations are underway for a larger air-core program across the Caladan target area.”
