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Yandal Resources (ASX:YRL) commences drilling in WA Goldfields
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  • WA explorer Yandal Resources (YRL) has kickstarted drilling at its projects in the Yandal Greenstone Belt in Western Australia
  • The drilling program includes 12,500 metres of reverse circulation (RC) and aircore (AC) drilling throughout the Ironstone Well, Barwidgee and Mt McClure projects
  • On Tuesday, Yandal completed a $6 million capital raise to fund its exploration programs
  • On market close, Yandal is down 0.81 per cent and is trading for 61.5 cents per share

WA explorer Yandal Resources (YRL) has kickstarted drilling at its projects in the Yandal Greenstone Belt in Western Australia.

The drilling program includes 12,500 metres of reverse circulation (RC) and air-core (AC) drilling at the Ironstone Well, Barwidgee and Mt McClure projects.

Ironstone Well Project

At the Ironstone Project, the company is planning to complete a 6200-metre drilling campaign before Christmas.

The drilling will test a number of targets on the Barwidgee Shear Zone, Flushing Meadows and Quarter Moon. Previously, historical mineralisation has been intersected at all these prospects.

The aim of this program is to confirm some of the historic mineralisation and if successful will be explored further.

Barwidgee Project

Right next door to Ironstone is Barwidgee, where an RC and AC drilling program will take place. The program covers around 950 metres and is testing early-stage targets at the Rosewall, Woolshed Well, Copan, Barty and Grohls prospects.

Mt McClure Project

Meanwhile, over at the Mt McClure Project, drilling will include 26 RC holes, with depths ranging from 60 to 280 metres — all up, covering roughly around 3000 metres.

The project is located near the Bronzewing processing facility, which is owned by Northern Star (NST).

On Tuesday, Yandal completed a $6 million capital raise to fuel its exploration programs.

The capital raise saw DGO Gold (DGO) snap up eight million of the 12 million shares on offer for 50 cents each.

On market close, Yandal is down 0.81 per cent and is trading for 61.5 cents per share.

YRL by the numbers
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