Yandal Resources Ltd (ASX:YRL) MD Tim Kennedy speaks with Proactive after receiving promising results from a 13-hole reverse circulation drill program testing the Oblique and New England Granite (NEG) prospects at the Ironstone Well-Barwidgee (IWB) Gold Project, which showed grade continuity and large-scale potential. The results have allowed the company to generate a conceptual exploration target of 12.9-38.6 million tonnes grading 1.1-1.4 g/t gold for 0.44-1.78 million ounces for four of IWB’s key prospects - Oblique, Quarter Moon, Flushing Meadows and NEG. Additionally, it has vindicated the ASX-lister’s exploration strategy to pursue prospects such as Oblique and NEG, which have the potential to deliver low-cost and large-scale resource growth.
Yandal Resources talks large-scale gold discovery potential