Yandal Resources Says Drilling at Western Australia Discovery Shows High-Grade Gold Mineralisation Continuity at Depth, Shares Fall 9%
MT Newswires Live
Jul 06
Yandal Resources (ASX:YRL) said diamond drilling completed across the Arrakis discovery, within the Ironstone Well-Barwidgee gold project in Western Australia, showed strong mineralization continuity at depth, confirming depth continuation of the southern high-grade zone with a strike length of 100 meters to 150 meters, according to a Monday Australian bourse filing.
The drilling delivered intercepts of 11.5 meters at 1.6 grams per tonne grade of gold from 347.6 meters, as well as 18 meters at 1.8 g/t grade of gold from 290 meters.
Its shares fell 9% in recent trading on Monday.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.