en.Wedoany.com Reported - Yandal Resources (ASX:YRL) has obtained significant deep gold intercepts from the first diamond drilling at the Flushing Meadows deposit within the Ironstone Well-Barwidgee Gold Project in Western Australia. Assay results from the initial diamond drill hole returned a main intercept of 11.3 meters at 1.10 grams per tonne gold from 214.3 meters, including 3.6 meters at 2.50 grams per tonne gold from 222 meters.
Other deep intercepts from the same hole include: 0.4 meters at 3.10 grams per tonne gold from 266 meters; 1.9 meters at 2.00 grams per tonne gold from 280.3 meters; and 2.9 meters at 0.50 grams per tonne gold from 290.8 meters. The company stated that these results indicate fresh rock gold mineralization occurs within deformed and altered iron-rich sedimentary rocks, with higher grades associated with vein structures within the unit.
The company also noted the presence of multiple sub-parallel iron-rich sedimentary units relative to the broader Flushing Meadows trend, which could potentially expand the deposit beyond the current resource estimate covering a 1.9-kilometer strike. Managing Director Chris Oorschot said the diamond drilling has provided the first clear image of primary mineralization within the system. Oorschot noted that the diamond drilling results will enable the geological team to determine the key components and geometry of the mineral system, and through modeling and extrapolation of these components, identify exploration targets along strike, at depth, and in sub-parallel zones for further drilling beyond the shallow mineral resource along the 1.9-kilometer strike.
Yandal Resources noted that the framework diamond drilling program at Flushing Meadows has been completed, comprising eight holes spaced 200 meters apart covering a 1.6-kilometer strike, with a total meterage of 3,305 meters. Further results from the remaining seven holes are expected to be released within July. Meanwhile, the company has completed the first two lines of air-core drilling across the Flushing Meadows and Giedi Prime target areas, with assay results also expected next month. A subsequent reverse circulation drilling program will be completed in the coming weeks to test the continuity of mineralization below previous RC pre-collar intercepts.
The company maintains a strong cash position while continuing exploration through the second half of 2026. Yandal Resources' wholly owned Ironstone Well-Barwidgee Project, covering approximately 370 square kilometers, is located between the Jundee and Bronzewing mines in the northern Yandal Greenstone Belt, with a defined resource of 268,000 ounces at Flushing Meadows. The company holds a portfolio of advanced gold exploration projects in the Yandal and Norseman-Wiluna Greenstone Belts of Western Australia.
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