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Yandal Resources Ltd. ( (AU:YRL) ) has issued an update.
Yandal Resources Ltd has announced the discovery of a new prospect, Salusa, on the southeast margin of the New England Granite, following results from its Q1 2025 exploration program. The drilling confirmed continuous mineralisation along the northwest-trending margin, with plans for further exploration in the area. The company is also conducting heritage surveys in preparation for an expansive air-core drilling program across the Caladan target area, indicating a strategic focus on expanding its exploration efforts. Additionally, Yandal Resources is reviewing strategic options for its non-core assets, the Gordons Gold Project and the Mt McClure Gold Project, following interest from several parties.
More about Yandal Resources Ltd.
Yandal Resources Ltd is a company operating in the mining industry, focusing on gold exploration and development. The company is engaged in identifying and developing gold prospects within the Yandal Greenstone Belt, a region known for its significant gold deposits.
YTD Price Performance: -28.57%
Average Trading Volume: 377,676
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$38.65M
See more insights into YRL stock on TipRanks’ Stock Analysis page.