Yandal Resources Ltd (ASX:YRL) has appointed Tim Kennedy to the role of non-executive chairman.
Kennedy will be replacing Katina Law, who will continue as a non-executive director effective from July 1.
Expertise to assist with exploration efforts
Managing director Lorry Hughes said: “On behalf of the board, I’d like to thank Katina for her considerable contribution as chair of the company since listing in 2018 and look forward to her ongoing contribution as we build value for shareholders.
“Katina will take over as chair of the audit and remuneration committees as part of her ongoing role.
“Yandal welcomes the appointment of Tim as chairman and looks forward to his expertise and guidance as the company aims to rapidly expand our exploration efforts.”
Star of Gordon prospect in pipeline of discovery
The company recently included the Star of Gordon prospect in its pipeline of discovery targets after intersecting shallow, high-grade mineralisation along strike in a recent reverse circulation (RC) drilling program at the Gordons Gold project in Western Australia.
Assays have also been received from the Malone and Gordons SE prospects, where aircore drilling to blade refusal was carried out and succeeded in improving the definition of large bedrock targets, which are currently being tested with RC drilling and diamond drilling to follow.
Best results from the Star of Gordon prospect include 8 metres at 4.69 g/t gold from 15 metres including 1 metre at 13.29 g/t, 10 metres at 2.53 g/t from 127 metres including 1 metre at 8.56 g/t, and 5 metres at 2.44 g/t from 21 metres including 1 metre at 4.68 g/t.
A new deep diamond hole was completed to 342 metres and intersected the target porphyry hosted and related mineralisation at the Gordons Dam prospect with additional holes to follow and assay results pending.