Yandal Resources Ltd (ASX:YRL) has received heritage clearance to kick off drill testing of key prospects at the Ironstone Well-Barwidgee Project in Western Australia, where previous drilling has demonstrated scope for large gold systems.
The Oblique, Quarter Moon and New England Granite prospects have the ‘highest priority’ ranking at the project, having strike extending over 1.5 kilometres and returning significant mineralisation from earlier Yandal and historic drilling programs.
Looking ahead, preparations are underway during the quarter to kick off RC testing of the prospects including strike and down-dip extensions.
“Scope for large gold systems”
Yandal managing director Tim Kennedy said: “We’re very pleased to have completed this survey with representatives of the Kultju Native Title holders.
“We would like to thank the Kultju people for their positive engagement and look forward to continuing to work effectively with them in the future.
“With heritage clearance completed drilling can proceed at our key prospects within the Ironstone Well-Barwidgee Project.
“Quarter Moon and Oblique are prospects where previous Yandal and historical drilling has demonstrated scope for large gold systems, each more than 1.5 kilometres in strike length.
“New England Granite is an exciting emerging prospect that shows all the hallmarks of a typical granite-contact gold system with up to 4 kilometres of gold anomalism evident in previous wide-spaced drilling.
“We look forward to commencing drill testing of these prospects later in the September quarter.”
Forward plan
Yandal has an active half-year planned with priority exploration activities, including:
- interpretation of RC drilling results at the HMS Sulphur Prospect at Mount McClure that are expected to enable an initial mineral resource estimate for that prospect;
- RC drill test key prospects at Ironstone Well-Barwidgee, including Quarter Moon, Oblique and the New England;
- Follow-up significant aircore drill results over structural and geochemical targets at Mt McClure and Ironstone Well-Barwidgee;
- Follow-up of targets highlighted in the recent independent geological targeting studies at Gordons (completed by Ben McCormack of Outlier Geoscience) and Ironstone Well-Barwidgee (completed by Mike Outhwaite of Lithify Pty Ltd); and
- complete 3D modelling of historic and recent drilling data at MMC to establish controls on potential higher-grade plunging shoots for follow-up drill testing.