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Yandal Resources Ltd. ( (AU:YRL) ) just unveiled an announcement.
Yandal Resources has ramped up activity at its Ironstone Well–Barwidgee gold project, commissioning a 21-person exploration camp and core yard to support continuous multi-rig drilling and a ~30,000-metre program in the first half of 2026. The company ended the March quarter with about $14.7 million in cash, providing a solid funding base for its expanded campaign across multiple prospects.
Recent reverse circulation drilling at the Arrakis Caladan target confirmed laterally continuous gold mineralisation in fresh rock over roughly 1.2 kilometres of strike, which remains open to the southeast and shows higher grades along the eastern hanging-wall contact. Additional air-core work has extended regolith anomalies and parallel targets, while high-grade shallow intercepts at the Salusa prospect within the New England Granite complex underscore the potential for multiple mineralised systems across the 4km-by-2km intrusive body.
The establishment of on-site fuel storage and upgraded logistics at IWB is expected to improve operational efficiency as RC and diamond drilling proceed at Salusa, Nayla, Arrakis and Flushing Meadows. Collectively, the strong drilling results and expanded infrastructure position Yandal to accelerate resource growth and enhance the exploration upside of its flagship Western Australian gold project, with implications for its future project pipeline and competitiveness within the regional gold exploration sector.
More about Yandal Resources Ltd.
Yandal Resources Ltd. is an Australian gold exploration company listed on the ASX, focused on advancing its 100%-owned Ironstone Well–Barwidgee (IWB) project in Western Australia. The company targets greenfields and brownfields gold discoveries, with current exploration centred on the Arrakis, Flushing Meadows and New England Granite target areas within a broader granite-intrusive and greenstone belt setting.
Average Trading Volume: 190,600
Technical Sentiment Signal: Hold
Current Market Cap: A$83.93M
For a thorough assessment of YRL stock, go to TipRanks’ Stock Analysis page.