Skip to main content
The Markets by Proactive
Go to Proactive UK
Proactive UK has moved. Proactive’s coverage of London’s small caps continues on proactiveinvestors.com Go there →
Advertisement
The Markets
by Proactive
Proactive UK has moved.
Coverage of London’s small caps continues on proactiveinvestors.com
Go to Proactive UK
The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
Go to Proactive UK
Advertisement
The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
Go to Proactive UK

Gold & silver

Yandal Resources discovers new Bullseye gold anomaly at Barty Prospect with soil sample results

Soil sampling has discovered a new high-priority gold target known as Bullseye at the Barty Prospect.

Yandal Resources Ltd (ASX:YRL) has received results from 823 auger-soil samples collected across several prospect areas within the Barwidgee Gold Project in Western Australia.

The program tested a 5x.2.5-kilometre area and recorded anomalous gold results of up to 276 parts per billion (ppb).

Results have discovered a new high-priority target known as Bullseye within the Barty Prospect area of the project.

Notably, the newly defined Barty prospect is on the boundary and immediately south of mining tenements owned by gold heavyweight Northern Star Resources Ltd (ASX:NST).

Barwidgee project has good discovery potential

Yandal's managing director Lorry Hughes said: “These early-stage results are encouraging as the northern anomalies are clearly oriented southwest to northeast in a similar strike direction as the underlying geology.

"Some local prospectors have also reported recovering numerous gold nuggets from metal detecting activities in some of the areas coincident with the anomalous soil results.

“The Bullseye anomaly 2 kilometres south of the east-west trending structure also warrants follow-up drilling as it is discreet, broad and it is interpreted to occur in a zone of structural complexity at the boundary of a magnetic low.

“I believe the Barwidgee project has huge potential for a new discovery and there is strong evidence of gold mineralisation in areas that have been ineffectively tested by out-dated exploration techniques.

“I look forward to testing these and other regional targets as part of this years’ exploration program commencing this quarter.”

Planning and approvals underway

Planning and approvals are now underway to complete reconnaissance air-core drilling and further soil sampling programs at the Barty prospect within the March quarter.

Further exploration is also planned to follow-up known mineralisation at the Sims Find prospect immediately west of Barty.

Advertisement
The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
Go to Proactive UK