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The latest update is out from Yandal Resources Ltd. ( (AU:YRL) ).
Yandal Resources has reported new reverse circulation and diamond drilling results from the Arrakis prospect at its Ironstone Well-Barwidgee Gold Project, with assays from the first 10 of 17 RC holes confirming a coherent, laterally continuous gold system featuring several significant high-grade intercepts and a relatively simple, predictable geometry. The results highlight consistent higher-grade mineralisation along an eastern hanging-wall contact that opens up underground exploration potential, as well as shallow oxide mineralisation immediately below transported cover, prompting plans for closer-spaced RC and diamond drilling from March to define and extend the thicker high-grade zones along a 2.2km-long mineralised trend, supported by a new exploration camp and strong cash position to accelerate work across Arrakis and nearby targets in 2026.
The most recent analyst rating on (AU:YRL) stock is a Hold with a A$0.26 price target. To see the full list of analyst forecasts on Yandal Resources Ltd. stock, see the AU:YRL Stock Forecast page.
More about Yandal Resources Ltd.
Yandal Resources Ltd. is an Australian gold exploration company listed on the ASX (ASX:YRL), focused on advancing gold prospects within its Ironstone Well-Barwidgee Gold Project in Western Australia. The company targets both shallow oxide and deeper high-grade underground gold mineralisation, aiming to build mineral resources across multiple prospects including Arrakis, Flushing Meadows and the New England Granite target area.
Average Trading Volume: 614,264
Technical Sentiment Signal: Buy
Current Market Cap: A$94.88M
Learn more about YRL stock on TipRanks’ Stock Analysis page.