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- Echo Resources has completed its drilling program at the Yandal Gold Project
- The Yandal project is located on the world-class, under-explored Yandal greenstone belt in WA
- Positive assay results have been received for two of the prospects, with results still pending for three areas since the last September update
- Echo Resources’ share price is unchanged, with shares trading at 33 cents apiece
Echo Resources has announced its air-core (AC) and reverse circulation (RC) drilling program at the Yandal Gold Project has been completed.
The Yandal Gold Project is located on the Yandal greenstone belt in Western Australia. The project has existing Mineral Resources of 1.7 Million ounces and Ore Reserves of 815,000 ounces.
While Yandal has experienced over four million metres of historical drilling, however much of this was ineffective.
In early July, the company commenced the drilling program with a multipurpose drilling rig. Exploration was aimed at improving production profile, extending further mine life and testing potentially large-scale discovery targets.
Drilling was officially completed on October 4, with 3620 metres of AC and 1091 metres of RC completed for a total of 4711 metres of drilling.
Since the last batch of assays was released in September, additional results have been received from the Corboys and Mamba prospects.
Highlights from the Corboys deposit include 1m at 4.90g/t Au from 137m, 2m at 16.30g/t Au from 94m; including 1m at 31.50g/t Au from 94m, and 1m at 4.51g/t Au from 113m.
Highlights from the Mamba prospect include 1m at 5g/t Au from 8m, 2m at 2.75g/t Au from 94m, and 1m at 2.18g/t Au from 51m.
Assay results since the September release are still pending for Thompsons Well, Bills Find and Golden Fox.
Echo Resources’ share price is unchanged, with shares trading at 33 cents apiece.
