The latest update is out from Yandal Resources Ltd. ( (AU:YRL) ).
Yandal Resources Ltd reported significant progress in its exploration activities during the March 2025 quarter. The company confirmed mineralization at the Caladan and New England Granite target areas, with new prospects identified and ongoing drilling programs. A notable development includes the definition of the Arrakis Prospect at Caladan and the Salusa prospect near Siona. The company is preparing for a substantial air-core drilling program at Caladan and has engaged KPMG Corporate Finance to manage potential divestments of non-core projects. With approximately $7.1 million in cash, Yandal Resources is well-positioned to continue its exploration and strategic initiatives.
More about Yandal Resources Ltd.
Yandal Resources Ltd is a company focused on exploring its portfolio of 100% owned gold projects located in the Yandal Greenstone Belt in Western Australia. The company is engaged in large-scale exploration efforts, particularly targeting the Ironstone Well–Barwidgee Gold Project and the New England Granite area.
YTD Price Performance: -25.71%
Average Trading Volume: 383,635
Technical Sentiment Signal: Buy
Current Market Cap: A$40.2M
Learn more about YRL stock on TipRanks’ Stock Analysis page.