New Risk • Apr 13
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Australian stocks, typically moving 14% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 44% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (14% average weekly change). Shareholders have been diluted in the past year (23% increase in shares outstanding). Revenue is less than US$5m (AU$3.9m revenue, or US$2.8m). Market cap is less than US$100m (AU$85.8m market cap, or US$60.5m). New Risk • Feb 12
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Australian stocks, typically moving 13% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 49% per year over the past 5 years. Revenue is less than US$1m (AU$225k revenue, or US$160k). Minor Risks Share price has been volatile over the past 3 months (13% average weekly change). Shareholders have been diluted in the past year (23% increase in shares outstanding). Market cap is less than US$100m (AU$81.6m market cap, or US$58.2m). Ankündigung • Nov 24
Yandal Resources Limited Announces Appointment of Chris Newman as A Non-Executive Director Yandal Resources Limited announced appointment of highly experienced exploration executive Chris Newman as a Non-Executive Director of the Company. Mr. Newman is a geologist with over 35 years of global experience in exploration, mining operations, resource development and corporate mergers and acquisitions. He is credited with multiple exploration discoveries across Australia, Turkey and Canada, and has led numerous teams in bringing new projects into full-scale mining production. Mr. Newman currently works as an independent consultant to the mining industry assisting executive management and corporate clients in detailed technical assessments, corporate transactions and career mentoring. Prior to working as an independent consultant, his most recent managerial role was as Geology Manager at Dacian Gold and held similar roles at Carbine Resources, Atherton Resources and Alacer Gold. Mr. Newman has a Bachelor of Science Degree (Honours) in Geology (minor Mathematics), is a Fellow of the Australasian Institute of Mining and Metallurgy and is a Member of the Australian Institute of Geoscientists. New Risk • Oct 31
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 33% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (27% average weekly change). Earnings have declined by 49% per year over the past 5 years. Shareholders have been substantially diluted in the past year (33% increase in shares outstanding). Revenue is less than US$1m (AU$225k revenue, or US$147k). Minor Risk Market cap is less than US$100m (AU$105.0m market cap, or US$68.8m). Ankündigung • Oct 09
Yandal Resources Limited has completed a Follow-on Equity Offering in the amount of AUD 13.451722 million. Yandal Resources Limited has completed a Follow-on Equity Offering in the amount of AUD 13.451722 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 46,385,247
Price\Range: AUD 0.29
Discount Per Security: AUD 0.0174
Transaction Features: Subsequent Direct Listing Ankündigung • Oct 03
Yandal Resources Limited has filed a Follow-on Equity Offering in the amount of AUD 13.451722 million. Yandal Resources Limited has filed a Follow-on Equity Offering in the amount of AUD 13.451722 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 46,385,247
Price\Range: AUD 0.29
Discount Per Security: AUD 0.0174
Transaction Features: Subsequent Direct Listing Ankündigung • Sep 17
Yandal Resources Limited, Annual General Meeting, Nov 25, 2025 Yandal Resources Limited, Annual General Meeting, Nov 25, 2025. New Risk • Jul 10
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Australian stocks, typically moving 29% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$5.6m free cash flow). Share price has been highly volatile over the past 3 months (29% average weekly change). Earnings have declined by 52% per year over the past 5 years. Revenue is less than US$1m (AU$174k revenue, or US$114k). Minor Risks Shareholders have been diluted in the past year (15% increase in shares outstanding). Market cap is less than US$100m (AU$52.6m market cap, or US$34.5m). Reported Earnings • Mar 15
First half 2025 earnings released: AU$0.012 loss per share (vs AU$0.012 loss in 1H 2024) First half 2025 results: AU$0.012 loss per share (in line with 1H 2024). Net loss: AU$3.26m (loss widened 56% from 1H 2024). Over the last 3 years on average, earnings per share has fallen by 23% per year whereas the company’s share price has fallen by 18% per year. New Risk • Mar 13
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -AU$5.6m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$5.6m free cash flow). Earnings have declined by 51% per year over the past 5 years. Revenue is less than US$1m (AU$217k revenue, or US$137k). Minor Risks Share price has been volatile over the past 3 months (15% average weekly change). Shareholders have been diluted in the past year (15% increase in shares outstanding). Market cap is less than US$100m (AU$41.7m market cap, or US$26.4m). New Risk • Feb 03
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 31% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (22% average weekly change). Earnings have declined by 47% per year over the past 5 years. Shareholders have been substantially diluted in the past year (31% increase in shares outstanding). Revenue is less than US$1m (AU$174k revenue, or US$107k). Minor Risk Market cap is less than US$100m (AU$47.7m market cap, or US$29.3m). Ankündigung • Nov 08
Yandal Resources Limited has completed a Follow-on Equity Offering in the amount of AUD 8.518474 million. Yandal Resources Limited has completed a Follow-on Equity Offering in the amount of AUD 8.518474 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 22,854,535
Price\Range: AUD 0.24
Discount Per Security: AUD 0.0144
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 9,441,487
Price\Range: AUD 0.11
Discount Per Security: AUD 0.0066
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 8,311,760
Price\Range: AUD 0.24
Transaction Features: Subsequent Direct Listing Ankündigung • Oct 25
Yandal Resources Limited, Annual General Meeting, Nov 26, 2024 Yandal Resources Limited, Annual General Meeting, Nov 26, 2024. Location: offices of hlb mann judd, 4/130 stirling st, perth wa 6000 Australia New Risk • Sep 19
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -AU$4.5m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$4.5m free cash flow). Earnings have declined by 45% per year over the past 5 years. Shareholders have been substantially diluted in the past year (70% increase in shares outstanding). Revenue is less than US$1m (AU$174k revenue, or US$118k). Minor Risks Share price has been volatile over the past 3 months (13% average weekly change). Market cap is less than US$100m (AU$29.5m market cap, or US$20.0m). New Risk • Sep 13
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 31% per year over the past 5 years. Shareholders have been substantially diluted in the past year (70% increase in shares outstanding). Revenue is less than US$1m (AU$58k revenue, or US$39k). Minor Risks Latest financial reports are more than 6 months old (reported December 2023 fiscal period end). Share price has been volatile over the past 3 months (13% average weekly change). Market cap is less than US$100m (AU$30.8m market cap, or US$20.7m). Ankündigung • Aug 20
Cosmo Metals Limited (ASX:CMO) acquired Two tenements at the Kanowna Gold Project from Yandal Resources Limited (ASX:YRL) for AUD 0.05 million. Cosmo Metals Limited (ASX:CMO) acquired Two tenements at the Kanowna Gold Project from Yandal Resources Limited (ASX:YRL) for AUD 0.05 million on August 19, 2024. Cosmo paid consideration of AUD 0.05 million payable in CMO ordinary shares at a deemed issue price calculated using the 5- day VWAP prior to the date of the agreement.
Cosmo Metals Limited (ASX:CMO) completed the acquisition of Two tenements at the Kanowna Gold Project from Yandal Resources Limited (ASX:YRL) on August 19, 2024. New Risk • Feb 10
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 69% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (21% average weekly change). Earnings have declined by 25% per year over the past 5 years. Shareholders have been substantially diluted in the past year (69% increase in shares outstanding). Revenue is less than US$1m (AU$57k revenue, or US$37k). Minor Risk Market cap is less than US$100m (AU$35.9m market cap, or US$23.4m). Ankündigung • Feb 09
Yandal Resources Limited has completed a Follow-on Equity Offering in the amount of AUD 2.496714 million. Yandal Resources Limited has completed a Follow-on Equity Offering in the amount of AUD 2.496714 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 31,208,923
Price\Range: AUD 0.08
Discount Per Security: AUD 0.0048
Transaction Features: Subsequent Direct Listing Ankündigung • Feb 02
Yandal Resources Limited has filed a Follow-on Equity Offering in the amount of AUD 2.496714 million. Yandal Resources Limited has filed a Follow-on Equity Offering in the amount of AUD 2.496714 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 31,208,923
Price\Range: AUD 0.08
Discount Per Security: AUD 0.0048
Transaction Features: Subsequent Direct Listing Ankündigung • Dec 05
Yandal Resources Limited has completed a Follow-on Equity Offering in the amount of AUD 4 million. Yandal Resources Limited has completed a Follow-on Equity Offering in the amount of AUD 4 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 5,348,103
Price\Range: AUD 0.052
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 41,472,307
Price\Range: AUD 0.052
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 30,102,665
Price\Range: AUD 0.052
Transaction Features: Subsequent Direct Listing New Risk • Nov 19
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 19% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (19% average weekly change). Earnings have declined by 25% per year over the past 5 years. Revenue is less than US$1m (AU$57k revenue, or US$37k). Market cap is less than US$10m (AU$13.2m market cap, or US$8.57m). Minor Risk Shareholders have been diluted in the past year (19% increase in shares outstanding). Ankündigung • Nov 11
Yandal Resources Limited has filed a Follow-on Equity Offering in the amount of AUD 4 million. Yandal Resources Limited has filed a Follow-on Equity Offering in the amount of AUD 4 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 35,450,770
Price\Range: AUD 0.052
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 41,472,307
Price\Range: AUD 0.052
Transaction Features: Subsequent Direct Listing New Risk • Oct 23
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Australian stocks, typically moving 17% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$4.1m free cash flow). Share price has been highly volatile over the past 3 months (17% average weekly change). Earnings have declined by 25% per year over the past 5 years. Revenue is less than US$1m (AU$57k revenue, or US$36k). Market cap is less than US$10m (AU$10.3m market cap, or US$6.47m). Minor Risk Shareholders have been diluted in the past year (17% increase in shares outstanding). Ankündigung • Sep 25
Yandal Resources Limited, Annual General Meeting, Nov 28, 2023 Yandal Resources Limited, Annual General Meeting, Nov 28, 2023. Agenda: To consider re-election of a Director. New Risk • Sep 22
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -AU$4.1m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$4.1m free cash flow). Earnings have declined by 25% per year over the past 5 years. Revenue is less than US$1m (AU$57k revenue, or US$37k). Market cap is less than US$10m (AU$8.05m market cap, or US$5.19m). Minor Risks Share price has been volatile over the past 3 months (14% average weekly change). Shareholders have been diluted in the past year (36% increase in shares outstanding). Ankündigung • Sep 22
Yandal Resources Ltd. Announces the Appointment of Chris Oorschot to the Board as a Technical Director Yandal Resources Ltd. announced the appointment of Mr. Chris Oorschot to the Board as a Technical Director effective immediately. Mr. Oorschot joined the Company in February 2023 as its Exploration Manager. In addition to his clear technical expertise, Chris has quickly demonstrated his strong commercial and strategic acumen and, as a result, has been asked to join the Board as its Technical Director. Mr. Oorschot has a successful track record working in the Western Australian gold sector, from greenfield and brownfield targeting and exploration through to resource definition and development. He has over twelve years of experience in exploring, developing and mining Western Australian projects predominantly within Archaean greenstone belts. His development and mining experience includes open pit and underground deposits across various deposit styles. Mr. Oorschot brings a high level of technical expertise to Yandal with a strong background in exploring and developing projects within complex stratigraphic environments and structurally controlled mineralised systems. He has previously served as the Exploration Manager for Dacian Gold, during which he oversaw the re-structuring of the company's Mineral Resources and Ore Reserves, led the geological due diligence for numerous strategic opportunities, and implemented revised targeting and exploration strategies. Mr. Oorschot holds a BSc. in Applied Geology with First Class Honours from Curtin University and is a Member of the AIG and the Society of Economic Geology. New Risk • Sep 08
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2022. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 27% per year over the past 5 years. Revenue is less than US$1m (AU$6.3k revenue, or US$4.0k). Market cap is less than US$10m (AU$8.68m market cap, or US$5.53m). Minor Risks Latest financial reports are more than 6 months old (reported December 2022 fiscal period end). Share price has been volatile over the past 3 months (14% average weekly change). Shareholders have been diluted in the past year (36% increase in shares outstanding). New Risk • Aug 19
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Australian stocks, typically moving 13% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 27% per year over the past 5 years. Revenue is less than US$1m (AU$6.3k revenue, or US$4.0k). Market cap is less than US$10m (AU$7.89m market cap, or US$5.05m). Minor Risks Share price has been volatile over the past 3 months (13% average weekly change). Shareholders have been diluted in the past year (36% increase in shares outstanding). Ankündigung • Jun 20
Yandal Resources Limited (ASX:YRL) entered into a binding Heads of Agreement to acquire Moho Exploration Licence E27/701 from Moho Resources Limited (ASX:MOH) for AUD 0.05 million. Yandal Resources Limited (ASX:YRL) entered into a binding Heads of Agreement to acquire Moho Exploration Licence E27/701 from Moho Resources Limited (ASX:MOH) for AUD 0.05 million on June 19, 2023. Ankündigung • Feb 14
Yandal Resources Limited Provides Drilling Update Yandal Resources Ltd. announced that ongoing target generation work - including geological and geophysical reviews - has identified several high-priority targets for testing across the Mt McClure, Barwidgee and Ironstone Well projects, all located within the highly mineralised Yandal Belt in Western Australia. Each target represents an excellent opportunity to discover significant new gold mineralisation at prospects close to existing mines and haulage infrastructure. An initial aircore program comprising approximately 110 holes for 8,000m is scheduled to commence on 15th February 2023 and is expected to take approximately three weeks to complete. Prospects returning positive results will be earmarked for detailed follow-up drill testing in the coming quarters. The Mt McClure Project is located 15km south-west of the historic Bronzewing gold mine and 10km from Orelia gold mine both owned by Northern Star Resources Ltd. in the southern Yandal Belt. The greater Mt McClure gold camp, which covers a strike length of some 30km and includes Northern Star's Orelia mine has a total gold endowment of +1.8Moz gold. Yandal's Mt McClure Project covers a total strike length of 17km of prospective stratigraphy. It includes several historical open cut pits from which a total of approximately 100,000z of gold was mined to maximum depths of between 60 to 100m mostly in the early 1990's at a time when the gold price was much lower than at present. In the September 2022 Quarter, the Company announced Initial Mineral Resource Estimates totalling 2.25Mt @ 1.9g/t Au for 136,000oz beneath the Success, Parmelia and Challenger historic open pits and one satellite deposit. Most exploration within Yandal's tenure including the Company's recent Phase 1 MRE expansion drilling has focussed on the main line of mineralisation hosting the previously mentioned deposits with little effective exploration in the hanging wall and footwall stratigraphy. Elsewhere in the belt, including the major Orelia deposit, mineralisation occurs higher up in the "hanging wall" stratigraphy which in Yandal's tenure has only been subject to limited historic exploration. The deposits at Mt McClure are often spatially associated with north-west and/or south-west trending "D4" cross faults. The majority of targets in the current program are situated in the poorly explored hanging wall, east of the main line of mineralisation, on or adjacent to the north-east trending faults, with preference given to locations proximal to cross-cutting (conjugate) faults and/or areas exhibiting demagnetisation, potentially representing alteration associated with mineralisation. One target MMCAC4 comprises an area of previously undrilled soil geochemical anomalism extending over 300m x 300m on the northern margin of a granitic intrusive coincident with a structural intersection. This same intrusive is host to significant mineralisation at the "Anomaly 45" prospect, immediately to the east of Yandal's tenure. The current program at Mt McClure comprises approximately 60 holes (4,000m) testing 11 target areas. Targets returning positive results from this initial test will be assessed by more detailed aircore and/or RC drilling planned for the coming quarter. Barwidgee and Ironstone Well The 100% owned Ironstone Well and adjacent Barwidgee Projects covers over 400km2 of contiguous,highly prospective and under-explored tenure located between the Jundee and Bronzewing mines in the northern Yandal Belt. Yandal has an established Resource of 268,000oz3 of gold at Flushing Meadows within the Ironstone Well tenure and considers there to be strong potential to make new discoveries and expand this resource base within the extensive tenure holding. The project area has numerous prospects including several with high-grade gold potential such as Sims Find which are the subject of ongoing exploration. Outside of these prospects there are extensive areas along known structures and along poorly defined interpreted structures that have been subject to little if any exploration. It is well known in the Yandal Belt and other greenstone belts, that the major deposits can often be associated with second or third order structures that may be difficult to define from geophysical data in largely covered terrains such as the Yandal Belt. The Company is currently in the process of completing a project-wide target generation exercise using an external consultant, specifically designed to identify targets with high potential for discovery along these poorly understood structures. In this initial round of drilling approximately 50 aircore holes for 4,000m of drilling will test three target areas identified by team. This includes drilling along strike from known high-grade mineralisation on well- defined structures as well as a first pass assessment of interpreted structures that will both test for mineralisation and provide geological and geochemical information to be used in ongoing targeting. The Marianas Prospect is situated approximately 4km north-west along strike of Corboys, along the Barwidgee Shear proximal to the granite- greenstone contact. Reconnaissance style mostly shallow RAB drilling in the late 1990's, intersected up to 7m @ 4.3g/t Au including 1m @ 24.5g/t Au from 20m. Mineralisation was thought to be associated with a granodiorite quartz porphyry which has intruded the main granitic body marginal to the granite-greenstone contact. The prospect area was subject to only limited follow-up and remains largely unexplored. Yandal plans to complete four initial lines of aircore drilling covering about 1.2km of strike with holes pushed to bedrock refusal. There is evidence of mineralisation up to 1.6km further north-west along the prospective contact and it is anticipated that if this initial drilling returns positive results drilling will be extended to cover this area. At Quarter Moon gold has been defined along a strike length of 1,000m with previous drilling by Yandal returning intercepts including 12m @ 2.0g/t Au incl 1m @ 16.5g/t Au. Historic drilling along strike hasbeen predominantly shallow (<50m) and therefore largely ineffective in this deeply weathered area. Three aircore traverses will test north-west and south-east of Quarter Moon along the Moilers Fault,a subsidiary structure of the regional Barwidgee Shear for potential extensions of the mineralised system. Holes will be pushed through until bedrock is intersected to ensure an effective test. Ankündigung • Feb 01
Yandal Resources Limited Appoints Greg Fitzgerald as Company Secretary Yandal Resources Limited announced the appointment of Mr. Greg Fitzgerald as Company Secretary with effect from 1 February 2023. Mr. Fitzgerald is a Chartered Accountant with over 30 years of resources related experience obtained through current and past roles as a Non-executive Director, Chief Financial Officer and Company Secretary. He has extensive commercial experience across the exploration, evaluation, development and operational phases of projects based in Australia and Africa. Mr. Fitzgerald is currently Company Secretary of several ASX listed companies. The appointment follows the resignation of Mrs. Bianca Taveira, effective 1 February 2023. Ankündigung • Dec 09
Yandal Resources Ltd Receives Final Assay Results from the RC Drilling Exploration Program Completed At Ironstone Well and Barwidgee Yandal Resources Ltd. announced that it has received final assay results from the RC drilling exploration program completed at Ironstone Well and Barwidgee in August and September. Both of these contiguous 100% owned projects are strategically located in the highly mineralised Yandal Greenstone Belt, some 30km SSE from the +10Moz Jundee Gold Mine. In August and September 2022, the Company completed an RC program comprising 34 holes for 5,555m testing 8 prospects along key structures and emerging gold trends. Several target areas were not able to be tested to the full extent initially planned due to incomplete heritage assessment, though it is anticipated that full heritage access will be forthcoming in 2023. Several highly encouraging intercepts were returned from the program highlighting a potential extension to the Sims Find structure and confirming mineralisation at the emerging Cash and New England Well prospects. Key results are summarised below. Previous drilling by Yandal intersected high-grade gold associated with stacked quartz lodes occurring in a mafic dolerite host rock over a strike length of approximately 400m. Interestingly, mineralisation was found to be dipping to the west in contrast to most mineralisation in the project which is mostly concordant with the general regional westerly dipping stratigraphy. Broad spaced (400m) step-out drilling to the north-west along the interpreted Sims structure in 2021 intersected gold mineralisation some 1.2km from Sims Find. The recently completed program comprised 7 holes that both infilled and stepped out from the previous broad spaced drilling. . Most holes intersected gold mineralisation with the most significant result coming from the furthest step-out hole YRLRC1045 located approximately 2km NW along strike of Sims Find which intersected: 3m @ 3.6g/t Au from 138m including 1m @ 7.2g/t Au, Due to the relatively low drilling density along the majority of the Sims Find structure the continuity of mineralisation cannot be established, however the recently flown detailed aeromagnetic survey does suggest a correlation of high-grade mineralisation with magnetic lows potentially representing magnetite destruction of the host rock due to mineralising fluids. Further geological interpretation which will include 3D magnetic inversion modelling to establish any correlation between high-grade mineralisation, will be undertaken prior to further drill targeting along the structure. Cash: The Cash Prospect is located immediately NW along strike from the Corboys deposit currently under evaluation by Northern Star . Like Corboys, Cash is situated on a flexure in the sheared granite-greenstone contact. Prior to the termination of drilling in the region in mid-2021 due to heritage issues, Yandal was only able to complete one RC hole to test the prospect which returned up to 4.6g/t Au over 1 meter (YRLRC1016). Notably the drill hole intersected a felsic porphyry, a similar lithology to that described at the Corboys deposit. The recently completed program tested the prospect with seven holes on two 400m spaced traverses across the granite contact. YRLRC1036 confirmed mineralisation along the contact intersecting 3m @ 3.6g/t Au from 96m including 1m @ 6.9g/t Au. This result together with an intercept of 3m @ 2.3g/t Au from 26m in YRLRC1016 indicate a mineralised structure that is at least 400m long and remains open to the NW along strike for at least 2km's on Yandals' tenure. Follow-up drilling is being planned to test the structure further along strike. Limited first pass RC testing was completed over the New England Granite, New England Well, Gohls and Slingshot prospects. The New England Granite prospect is a discrete granitic intrusion covering approximately 9km2 located immediately south of Sims Find. The granite is cross-cut by large scale tensional faults related to the regional Ockerbury Fault. Historic shallow reconnaissance drilling has identified elevated gold (up to 6.7g/t Au) in several locations on the deformed granite margins. Three priority area have been identified, with only the lowest priority northern target accessible during the recent program to due heritage constraints. Two RC holes were completed at the northern target returning low level gold anomalism. Whilst this drilling has downgraded the northern target, the remaining two targets remain a priority for drill testing which will be completed once heritage approval has been received. New England Well comprises a discrete NNW trending magnetic feature approximately 1km long with historic gold workings that appear to be controlled by a NW cross-cutting structure. Limited historic drilling in the area returned several +1g/t Au intercepts. Two first pass holes were drilled during the recent program. One hole appears to have missed the structure, whilst the second returned a shallow intercept of 12m @ 0.4g/t Au from 38m including 4m @ 1.1g/t Au. A further field assessment and geological review will be required before determining whether the target has size potential and warrants further drilling by Yandal. Recent Insider Transactions • Nov 18
Insider recently bought AU$562k worth of stock On the 11th of November, Kenneth Hall bought around 4m shares on-market at roughly AU$0.14 per share. This transaction amounted to 70% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought AU$598k more in shares than they have sold in the last 12 months. Ankündigung • Nov 17
Yandal Resources Ltd Advises It Has Received Final Assay Results from the Rc Drilling Exploration Program Completed At Mt Mcclure in September Yandal Resources Ltd. pleased to advise that it has received final assay results from the RC drilling exploration program completed at Mt McClure in September. Mt McClure is located in the southern Yandal Greenstone Belt of Western Australia and includes approx. 60km2 of tenure (incl. applications) 10km south-west from the historic Bronzewing mine and adjacent to the Orelia mine both owned by Northern Star Resources. In September 2022, the Company completed an RC program comprising 19 holes for 2,201m testing a range of new and emerging targets occurring along the main 10km long mineralised horizon within its tenure. The targets were primarily in the immediate footwall horizon to the main deposits which has been demonstrated through earlier broad spaced programs to be to be prospective. The program returned several highly encouraging intercepts and highlighted the significant potential of the HMS Sulphur and Gilmore Prospects. Both prospects are being further drilled tested as part othe current Phase 1 Mineral Resources Estimate upgrade RC program HMS Sulphur The HMS Sulphur Prospect is located immediately to the north-west in the footwall stratigraphic position of the Success deposit over which the company completed an MRE in September 2022. Initial drilling in the area by the Company in 2021 following up historic drill hole anomalism returned a number of intercepts in the area including 11m @ 2.6g/t Au from 73m including 8m @ 3.3g/t Au (YRLRC401)(1). Gold occurs within strongly oxidised mafic and volcanogenic sedimentary rocks and the geological interpretation suggests there is strong potential for continuity of the mineralisation within primary rocks at depth. The recent RC program comprised 7 holes testing the HMS Sulphur mineralisation down-dip of YRLRC401 and along strike. The program successfully confirmed continuity of mineralisation 85m down-dip of YRLRC401 for a total dip extent of 126m beyond which it remains open for at least another 85m. Down-dip intercepts include:14m @ 1.3g/t Au from 113mm including 2m @ 6.4g/t Au from 119m (YRLRC1076); and 8m @ 1.7g/t Au from 148m including 4m @ 3.1g/t Au (YRLRC1077) Broad spaced step out drilling has also confirmed that the HMS Sulphur mineralised horizon extends from immediately northwest of the Success open cut over at least 600m of strike. Intercepts include:4m @ 1.2g/t Au from 58m including 1m @ 2.6g/t Au from 58m (YRLRC1071); and 13m @ 0.9/t Au from 97m including 3m @ 1.8g/t Au (YRLRC1072), 12m @ 1.1g/t Au from 100m including 5m @ 2.1 g/t Au from 105m (YRLRC1078) On the basis of these results and encouraging results from previous drilling by Yandal, the Phase 1 RC MRE extension drilling program commenced in November 2022 will include infill holes on 40m traverses to the northwest of YRLRC401 as a first pass assessment of the Resource potential of HMS Sulphur. Board Change • Nov 16
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 2 non-independent directors. Independent Non-Executive Director Katina Law was the last independent director to join the board, commencing their role in 2018. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Ankündigung • Nov 08
Yandal Resources Limited announces Phase 1 Resource Expansion Drilling Program at Mt McClure Yandal Resources Ltd. announced that an RC drilling program has commenced on its 100% owned Mt McClure Project. The Mt McClure Project is located 15km SW of the historic Bronzewing gold mine and 10km from Orelia gold mine both owned by Northern Star Resources Ltd. in the southern Yandal Belt. During the September 2022 quarter, the company completed initial Mineral Resource Estimates (MRE's) on the margins of the Success, Parmelia and Challenger historic open cuts which resulted in a combined Resource inventory of 2.225Mt at 1.9g/t Au for 136,000oz at a 1.0g/t lower cut-off. The MRE boundaries were drill constrained indicating clear potential to expand the initial estimates with further targeted drilling along strike, down-dip and down plunge. The current drilling program is the first phase of a multi-phase drilling program designed to expand the Resource base at Mt McClure. Drilling will target positions proximal to the margins of the current MRE's as well as testing a number of advanced prospects with resource potential, occurring along a 10km long trend on granted mining leases within the company's tenure. The program will take approximately 3 weeks to complete with results expected in the March Quarter 2023. Board Change • Oct 13
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 2 non-independent directors. Independent Non-Executive Director Katina Law was the last independent director to join the board, commencing their role in 2018. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Ankündigung • Oct 08
Yandal Resources Limited, Annual General Meeting, Nov 29, 2022 Yandal Resources Limited, Annual General Meeting, Nov 29, 2022. Agenda: To discuss the re-election of a Director. Ankündigung • Sep 20
Yandal Resources Limited Announces an Initial Mineral Resource Estimate for Its Parmelia Deposit Within the 100% Owned Mt Mcclure Gold Project in Yandal Greenstone Belt of Western Australia Yandal Resources Ltd. announced an initial Mineral Resource Estimate (MRE) for its Parmelia deposit within the 100% owned Mt McClure gold project in Yandal Greenstone Belt of Western Australia. The project covers 36km2 of tenure approximately 20km south-west from the historic Bronzewing mine and is close to existing haul roads and Northern Star's Orelia Development. The project is situated within the "Southern Trend" of the historic Mt McClure mining camp which has an overall gold endowment of >1.8moz from a number of deposits covering a strike length of some 45km. The company's Mt McClure Project includes three historic mining areas; Challenger, Success and Parmelia which all have substantial mineralisation beneath the base of mining as defined by historic and more recent drilling by Yandal Resources. The initial Parmelia MRE contains a total of 252,000t at 2.1g/t Au for 17,000oz (> 1g/t Au lower cut-off grade). The MRE was compiled in accordance with the guidelines defined in the Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves (JORC, 2012) by Andrew Bewsher of BM Geological Services. The initial Parmelia MRE contains a total of 252,000t at 2.1g/t Au for 17,000oz (> 1g/t Au lower cut- off grade). The MRE was compiled in accordance with the guidelines defined in the Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves (JORC, 2012) by Andrew Bewsher of BM Geological Services. The Parmelia MRE includes mineralisation beneath and along strike of the historic open pit which was mined to depths between 30m in the south-east to 100m in the north-west. The modelled wireframes extend to a maximum vertical depth of approximately 130m and are constrained by a lack of drilling at depth. Previous broad spaced reconnaissance-style deep drilling by Yandal Resources has confirmed that the mineralisation envelope at Parmelia extends for at least a further 230m down dip beyond the currently defined wireframes providing scope for additional resource updates upon completion of infill drilling targeting higher grade zones. Ankündigung • Sep 07
Yandal Resources Ltd Announces an Initial Mineral Resource Estimate for Its Success Deposit Within the 100% Owned Mt Mcclure Gold Project in Yandal Greenstone Belt of Western Australia Yandal Resources Ltd. announced an initial Mineral Resource Estimate for its Success deposit within the 100% owned Mt McClure gold project in Yandal Greenstone Belt of Western Australia. The project covers 36km2 of tenure approximately 20km south-west from the historic Bronzewing mine and is close to existing haul roads and Northern Star's Orelia Development. The project is situated within the "Southern Trend" of the historic Mt McClure mining camp which has an overall gold endowment of >1.8moz from a number of open pits covering a strike length of some 45km. The Mt McClure Project includes three historic mining areas; Challenger, Success and Parmelia which all have substantial mineralisation beneath the base of mining as defined by historic and more recent drilling by Yandal Resources. The initial Success MRE contains a total of 1,255,000t @ 1.9g/t Au for 75,000oz (> 1g/t Au lower cut-off grade). The MRE was compiled in accordance with the guidelines defined in the Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves (JORC, 2012) by Andrew Bewsher of BM Geological Services. The Success MRE includes mineralisation beneath the historic shallow open pit which was mined to a depth of approximately 80m. The modelled wireframes extend to a maximum vertical depth of approximately 210m and are constrained by a lack of drilling at depth. Previous broad spaced deep drilling by Yandal Resources has confirmed that the mineralisation envelope at Success extends for at least a further 150m down dip beyond the currently defined wireframes providing scope for additional resource updates upon completion of infill drilling. Success is the second of three MRE's currently being defined at Mt Mt McClure. The initial Challenger MRE of 44,000oz and the Parmelia MRE is currently in progress. Strategy: The Company's strategy at Mt McClure is threefold: Define and quantify the remnant resources immediately below the historic open pits; Target higher grade zones beneath the defined remnant resources, potential strike extensions and new footwall zones; and Test structural and other conceptual targets identified from aeromagnetic interpretation Key exploration activities planned during the September quarter include; Aircore and RC programs to test priority targets at Ironstone Well and Barwidgee including Cash, Sims Find, New England Granite, Newport, Quarter Moon, Oblique and Barwidgee Shear. RC drilling programs at Mt McClure testing target areas adjacent to historic open cut mines and commence aircore drill testing of structural targets identified from aeromagnetic data. Review historic and recent drilling data at the Mt McClure Project to establish controls on potential higher grade plunging shoots and the potential for increasing the initial Mineral Resource Estimates at Challenger, Success and Parmelia. Finalise follow-up drilling at the Gordons Project including tests of the newly identified high- grade mineralisation at the Meuleman Prospect and Zoehrer Prospects. Ankündigung • Aug 23
Yandal Resources Ltd Announces an Initial Mineral Resource Estimate for Its Challenger Deposit At the 100% Owned Mt Mcclure Gold Project Yandal Resources Ltd. announced an initial Mineral Resource Estimate for its Challenger deposit at the 100% owned Mt McClure gold project in Yandal Greenstone Belt of Western Australia. The project covers 36km2 of tenure approximately 20km SW from the historic Bronzewing mine and is close to existing haul roads and Northern Star's Orelia Development. The project is situated within the "Southern Trend" of the historic Mt McClure mining camp which has an overall gold endowment of >1.8moz from a number of open pits covering a strike length of some 45km. The Company's Mt McClure Project includes three historic mining areas; Challenger, Success and Parmelia which all have substantial mineralisation beneath the base of mining as defined by historic andmore recent drilling by Yandal Resources. The initial Challenger MRE contains a total of 718,000t @ 1.9/t Au for 44,000oz (> 1g/t Au lower cut- off grade) The MRE was compiled in accordance with the guidelines defined in the Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves (JORC, 2012) by Andrew Bewsher of BM Geological Services. Table 1 below shows the Mineral Resource Estimate by for each deposit by weathering profile at the 1.0g/t Au lower cut-off grade. The Challenger MRE includes mineralisation beneath three historic shallow open pits and one unmined satellite deposit . The modelled wireframes extend to a maximum vertical depth of 140m and are constrained by a lack of drilling at depth. Previous broad spaced deep drilling by Yandal Resources has confirmed that the mineralisation envelope at Challenger extends for at least a further 170m down dip beyond the currently defined wireframes providing scope for additional resource updates upon completion of infill drilling. Challenger is the first of three MRE's currently being defined with the Success and Parmelia MRE's currently in progress. Aircore and RC programs to test priority targets at Ironstone Well and Barwidgee including Cash, Sims Find, New England Granite, Newport, Quarter Moon, Oblique and Barwidgee Shear. RC drilling programs at Mt McClure testing target areas adjacent to historic open cut mines and commence aircore drill testing of structural targets identified from aeromagnetic data Review historic and recent drilling data at the Mt McClure Project to establish controls on potential higher grade plunging shoots and the potential for increasing the initial Mineral Resource Estimates at Challenger, Success and Parmelia. Finalise follow-up drilling at the Gordons Project including tests of the newly identified high- grade mineralisation at the Meuleman Prospect and Zoehrer Prospects. Ankündigung • Aug 03
Yandal Resources Limited Announces Major Drilling Program Underway at Yandal Belt Prospects Yandal Resources Ltd. advised that the aircore and RC drilling campaign planned for its 100% owned Yandal Belt Projects commenced on 3 August 2022. The program will initially test key targets within the Ironstone Well and Barwidgee projects including Cash, Sims Find, New England Granite, Newport, Flushing Meadows, Flinders Park, Quarter Moon and Oblique. This will be followed by further aircore and RC drilling at Mt McClure testing test target areas adjacent to historic open cut mines and structural targets identified from aeromagnetic data. Major program underway comprising ~8,500m of RC drilling and ~16,500m of Aircore drilling underway testing key gold targets within the Ironstone Well, Barwidgee and Mt McClure projects. Ironstone Well and Barwidgee projects (100% YRL) cover 470km² of contiguous, highly prospective and under-explored tenure between the Jundee and Bronzewing mines Mt McClure project (100% YRL) located in close proximity Bronzewing mining infrastructure along established haul roads. Strong pipeline of exploration activity and assays results expected to be reported during the September quarter through to end CY2022. Ankündigung • Jul 21
Yandal Resources Limited Announces Heritage Approval Received at Priority Yandal Belt Prospects Yandal Resources Ltd. advised that Heritage Approvals have been granted allowing a major drilling campaign to commence this quarter on its 100% owned Yandal Belt Projects. Yandal has successfully negotiated an Exploration and Prospecting Deed and subsequently completed aheritage survey with the Kultju Aboriginal Corporation (Kultju AC) who hold native title over much of theproject area. Yandal has recently received the Heritage Survey Report detailing the outcomes of the survey which enables the Company to recommence drilling and other field related exploration after a 12-month deferment. Yandal will also take this opportunity to undertake further drilling at priority targets at Mt McClure. Ankündigung • Jul 11
Yandal Resources Limited Announces High-Grade Gold Confirmed and New Zones Identified At Malone, Meuleman and Zoehrer Prospects Yandal Resources Ltd. announced further high-grade intercepts from aircore ("AC"), reverse circulation ("RC") and diamond drilling ("DD") programs completed over several prospects within the Company's 100% owned Gordons Project, located approximately 30km north of Kalgoorlie in Western Australia. Malone Prospect: 3.58m @ 1.5g/t Au from 206.42m including 0.58m @ 8.2g/t Au (YRLDD021). 7.00m @ 2.2g/t Au from 271.00m including 1.00m @ 6.9g/t Au (YRLDD021). 4.00m @ 2.3g/t Au from 87.00m including 1.00m @ 5.5g/t Au (YRLDD022). Holes were following up previous high-grade intercepts including 5m @ 7.7g/t Au from 210m (YRLRC0727). Meuleman Prospect: 4m @ 5.1g/t Au from 44m including 2m @ 9.7g/t Au (YRLRC0823). Single first pass RC hole adjacent to Alderman Felsic-Mafic contact. Prospect is mostly untested and remains open north and south and down-dip. Zoehrer Prospect: 12m @ 2.3g/t Au from 184m including 1m @ 8.4g/t Au (YRLRC806). Located 1.6km NW along strike from Gordon Sirdar mine. Proximity to operating mine and anomalism in surrounding holes supports potential for significant mineralization. Drilling was completed in First Quarter and Second Quarter 2022 and included first pass AC programs testing new areas and follow-up RC and DD testing previously identified mineralisation. Malone Prospect Results have been received for the RC and diamond drilling programs completed in the June Quarter 2022 including holes testing high grade mineralisation previously intercepted at the Malone Prospect which included: 5m @ 7.7g/t Au from 210m including 1m @ 15.4g/t Au from 212m (YRLRC0727); and 3m @ 8.8g/t Au from 190m including 1m @ 19.4g/t Au (YRLRC0811) These two intercepts are situated approximately 30m from each other in the footwall to the Malone felsic- mafic contact adjacent to a prominent flexure, an ideal location for localising gold mineralisation. The recent diamond holes were drilled in close proximity to these intercepts and designed to provide further lithological and structural information with a particular focus on confirming mineralisation controls and geometry. Results from the diamond holes confirmed high-grade mineralisation returning intercepts of: 3.58m @ 1.5g/t Au from 206.42m including 0.58m @ 8.2g/t Au (YRLDD021)7.00m @ 2.2g/t Au from 271.00m including 1.00m @ 6.9g/t Au (YRLDD021). 4.00m @ 2.3g/t Au from 87.00m including 1.00m @ 5.5g/t Au (YRLDD022) Data indicates a broad westerly apparent dip of mineralisation though structural core logging shows that individual high-grade zones are generally associated with steeply dipping and north to north-north-west trending quartz-carbonate-sulphide veins within the host mafic lithology. Immediately following the diamond drilling, four RC holes were completed on three 100m spaced lines north- west and south-east of high-grade intercepts in YRLRC0727 and YRLRC0811, testing for strike extensions of mineralisation. Initially six holes were planned in this location however the final two holes could not be completed as the rig was scheduled to move to another job. Hole YRLRC0819 drilled on the southern step-out line intersected 2m @ 2.1g/t Au potentially representing a southern extension of mineralisation. Of the three holes drilled on the northern step-out lines only YRLRC0822 intersected anomalism (1m @ 0.7g/t Au) and the current interpretation indicates they may be located west of the north-north-west trending high-grade mineralisation intersected in the initial discovery holes. Follow-up drilling is being planned. Meuleman Prospect: The Meuleman Prospect is located approximately 3.5km south-south-east of Malone. The prospect was identified during systematic aircore testing along the Alderman contact which returned an intercept of 8m @ 1.7g/t Au from 52m including 4m @ 2.6g/t Au (YRLAC0898 4m composites reported 23 May 2022). Zoehrer, Star of Gordon & Marsh Prospects. Final 1m re-split RC assay results from anomalous initial 4m composite sampling at Zoehrer, Star of Gordon and Marsh reported in May 2022 have been returned. Of particular note are the results returned from the Zoehrer Prospect, located ~1.6km directly north-north- west along strike from the Gordon Sirdar underground gold mine, currently operated by FMR Investments who are mining around 60,000t per month from an underground operation. Ankündigung • May 23
Yandal Resources Limited Provides Exploration Update The standout result came from the Meuleman Prospect, along the Alderman contact, which returned an intercept of 8m @ 1.7g/t Au from 52m including 4m @ 2.6g/t Au (YRLAC0898 4m composites). This intercept is located 740m south-east of an intercept of 16m @ 1.3g/t Au (YRLDD0015) reported last quarter (Figure 5). The result from YRLAC0898 was returned while the recent RC drilling program was still in progress which enabled an initial follow-up RC hole to be completed. Further drilling will be planned upon receipt of results from the initial follow-up RC hole. Ironstone Well and Barwidgee Projects: The Ironstone Well and adjacent Barwidgee projects cover over 470km2 of highly prospective and under-explored Yandal Greenstone Belt, east of Wiluna in Western Australia. Significant exploration on these projects has been on hold pending the completion of cultural heritage clearance survey by the Kultju (Aboriginal Corporation) RNTBC ("Kultju AC"). The Kultju AC hold native title rights to an area which includes the much of the Ironstone Well and Barwidgee projects. Yandal entered into an Exploration & Prospecting Deed with the Kultju AC in October 2021 which amongst other things provides a protocol for the protection of cultural, heritage and environmental values of the land, during exploration activities. In late April representatives of the Kultju AC completed a heritage survey to enable aircore and RC testing of key prospects including Sims Find to Copan, New England Granite, Newport, Flushing Meadows, Flinders Park, Quarter Moon and Oblique (Figure 6). Priority for initial testing will be the Sims Find Prospect to follow-up multiple high-grade intercepts discovered in wide-spaced RC drilling in 2021 (Figures 7). These include; 6m @ 9.0g/t Au from 172m including 1m @ 40.0g/t Au and 1m @ 10.9g/t Au (YRLRC1011)3 - 1m @ 10.25g/t Au from 81m (YRLRC1014) 3 - 8m @ 24.3g/t Au from 9m including 1m @ 129.0g/t Au from 12m (YRLRC457) 3 - 3m @ 20.9g/t Au from 30m including 1m @ 62.3g/t Au from 30m (YRLRC447) 3 - 5m @ 6.5g/t Au from 17m including 1m @ 30.4g/t Au1from 17m (YRLRC445) 3. Preparations are underway to commence drilling programs as soon as possible. Hole locations for the initial program will be finalised upon receipt of the survey report and associated work program clearances which are anticipated late May. Next Steps: Key exploration activities planned during the June Quarter include; Finalise aircore and RC programs to testing priority targets at Ironstone Well and Barwidgee including Sims Find to Copan, New England Granite, Newport, Flushing Meadows, Flinders Park, Quarter Moon and Oblique. Commence drilling pending receipt of heritage approvals. Receive and interpret pending aircore, RC and diamond drilling results from Malone, Zoehrer and Meuleman prospects at the Gordons project and plan follow-up drilling. Review historic and recent drilling data at the Mt McClure Project to establish controls on potential higher grade plunging shoots and the potential for establishing an initial Mineral Resource Estimate at Success and Challenger. Board Change • Apr 27
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 3 non-independent directors. Independent Non-Executive Director Katina Law was the last independent director to join the board, commencing their role in 2018. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Ankündigung • Apr 21
Yandal Resources Limited Announces Exploration Update - Mt McClure Gold Project Yandal Resources Ltd. announced that it has confirmed and extended significant mineralisation at a number of prospects within the 100%-owned Mt McClure gold project in Western Australia. The project is located 20km via existing haul roads from the Bronzewing processing facility owned by Northern Star Resources Ltd. Eighteen angled reverse circulation ("RC") holes for 4,969m between 170-400m depth were completed in the December Quarter 2021 to validate and extend known mineralisation at four prospects. The program was designed as a follow-up to initial confirmation drilling completed by the Company between 2019-20211 and substantial historic drilling completed between 1990 20112. Though the drilling program did not locate high grade zones, it did confirm the mineralisation to a down-dip extent up to 300m beneath the pits (Success). A full review of the substantial historic drilling database combined with data from recent Yandal Resources drill programs is being undertaken to determine the likelihood and potential location of higher-grade shoots and also the potential to establish an initial Mineral Resource Estimate immediately beneath the base of the Success and Challenger pits. Two holes for 734m were completed at the Success Prospect confirming significant mineralization continues beneath the ~85m deep historic open pit mine and beyond the limit of previous RC and diamond drilling. The prospect has been drilled at a maximum drill spacing of ~50m along the entire 600m strike length and at a maximum drill spacing of 40-50m down dip in most areas. Mineralisation has been intercepted at up to 290m vertical depth in places and it is not closed off. Drilling data is being interpreted to better understand the controls to mineralisation and specifically high-grade shoots down plunge. Drill data density and quality is being examined to determine if it would support compilation of an initial Mineral Resource Estimate. New RC drilling was also undertaken at the HMS Sulphur Prospect which occurs ~200m into the footwall of the Success prospect. Ankündigung • Apr 19
Yandal Resources Ltd Provides an Update on Exploration Activities At the 100%-Owned Gordons Gold Project Located 30Km North of Kalgoorlie-Boulder in Western Australia Yandal Resources Ltd. provided an update on exploration activities at the 100%-owned Gordons gold project located 30km north of Kalgoorlie-Boulder in Western Australia. A two-hole diamond drilling program has commenced to test high grade mineralisation intercepted at the Malone prospect in two reverse circulation drill holes reported in the March Quarter 20221 including: 5m @ 7.7g/t Au from 210m including 1m @ 15.4g/t Au from 212m (YRLRC0727); and 3m @ 8.8g/t Au from 190m including 1m @ 19.4g/t Au (YRLRC0811). These two intercepts are situated approximately 30m from each other and the diamond drilling will provide further lithological and structural information with a particular focus on confirming mineralisation controls and geometry. This will enable the company to update geological model and refine targets ahead of a more extensive follow-up RC program which is scheduled to commence in May. Board Change • Apr 12
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 3 non-independent directors. Independent Non-Executive Director Katina Law was the last independent director to join the board, commencing their role in 2018. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Apr 05
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 2 non-independent directors. Independent Non-Executive Director Katina Law was the last independent director to join the board, commencing their role in 2018. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Ankündigung • Mar 29
Yandal Resources Limited Further High-Grade Drill Intercepts Gordons Gold Project Yandal Resources Ltd. provided an update on exploration activities at the 100%-owned Gordons gold project located 30km north of Kalgoorlie- Boulder in Western Australia. At the Malone Prospect located 500m west of the Gordons Dam gold deposit, final assay results have been received from two reverse circulation holes completed to follow-up a new high-grade bedrock intercept of 5m @ 7.7g/t Au within a broader interval of 16m @ 2.8g/t Au from 204m. Hole YRLRC0811 has successfully confirmed the presence of high-grade gold mineralisation at depth extending at least 30m from the intercept in YRLRC0727 returning; 3m @ 8.8g/t Au from 190m including 1m @ 19.4g/t Au. The mineralisation is hosted within sheared mafic sediments including quartz veining, fuchsite and sulphides which is interpreted to be very similar to the rocks hosting the high-grades in hole YRLRC0727. Recent and historic reconnaissance drilling in the immediate area and to the north along strike was not deep enough to penetrate into the primary rock and therefore this area is considered to be open and untested, providing a high-priority exploration target. These new results are highly encouraging and a follow-up program of RC and diamond drilling is in the advanced planning stages and set to commence in the June Quarter. The program will be designed to firm up the interpretation of mineralisation prior to aggressive step out drilling. Assay results from 30 first pass Air-core holes for 1,569m have been returned from the Malone and Malone North Prospects located along strike and adjacent to the new Malone RC intercepts. Significant intercepts from the programs included; 12m @ 0.2g/t Au from 44m (YRLAC2033), 4m @ 1.6g/t Au from 52m; 4m @ 0.1g/t Au from 68m (YRLAC2044), 4m @ 0.1g/t Au from 40m. These results will be incorporated into the new geological model prior to follow-up drilling at Malone. The Company is currently compiling an initial Mineral Resource Estimate for the nearby Gordons Dam Prospect. Bradman, Alderman, Gartrell, Valetta and Moody Prospects At the Bradman Prospect located ~3km south along strike from Malone final assay results have been returned from two diamond holes. The holes were completed to test 250m north along strike from significant mineralisation intercepted in RC hole YRLRC06462; 11m @ 2.0g/t Au from 257m including 1m @ 9.9g/t Au from 261m. Highlights from the new drilling included; 16m @ 1.3g/t Au from 170m including 2m @ 8.7g/t Au with a single metre interval of 1m @11.9g/t Au from 180m. A review of the results is underway to determine the highest priority targets for follow-up drilling. Assay results from 184 reconnaissance AC holes for 8,330m have been returned from the Alderman, Gartrell, Valetta and Moody Prospects. Most holes returned results <100ppb Au. And a review is taking place to identify targets for future testing. Star of Gordon, Red Dozer and Zoehrer Prospects. The prospects are located 2km directly NNW along strike from the Gordon Sirdar underground gold mine which is owned and operated by FMR Investments Pty Ltd. FMR are currently mining ~60,000t of ore per month using conventional underground mining methods and transporting the ore via road haulage for processing at their mill in Coolgardie. A five hole diamond drilling program was completed for 1,144m in the March Quarter 2 at the Star of Gordon Prospect to improve the understanding of the complex geology and structural controls on previously identified high-grade mineralisation including; 1m @ 19.8g/t Au from 159m and 45m @ 2.0g/t Au from 18m including 10m @8.4g/t Au from 43m Assay results have been received from the first three holes which have defined a number of significant intercepts including; 15.00m @ 0.4g/t Au from 21.00m including 0.80m @ 1.5g/t Au; 4.43m @ 0.5g/t Au from 159.71m including 0.58m @ 1.6g/t Au and 0.32m @ 1.3g/t Au; and 4.41m @ 4.8g/t Au from 226.49m including 0.44m @ 46.4g/t Au. Ankündigung • Feb 24
Yandal Resources Limited Provides Update on Exploration Activities At Malone Gold Prospect Yandal Resources Limited provided an update on exploration activities at the 100%-owned Gordons gold project located 30km north of Kalgoorlie-Boulder in Western Australia At the Malone Prospect located 500m west of the Gordons Dam gold deposit, final assay results have been received from 24 reverse circulation ("RC") holes completed to follow-up encouraging mineralisation defined with air-core ("AC") and limited RC drilling. The best primary intercept to date was returned from hole YRLRC0727 which is located ~300m west of a pronounced flexure of the felsic-mafic geological contact "Kink Zone". The hole, completed to test beneath anomalous AC holes, intersected and three new zones of mineralisation including; 17m @ 0.4g/t Au from 101m including 1m @ 2.1g/t Au from 106m; 15m @ 0.80g/t Au from 145m including 1m @ 6.2g/t Au from 147m; and 16m @ 2.8g/t Au from 204m including 5m @ 7.7g/t Au from 210m. The high-grade core of the deepest intercept contains individual 1m assays including; 1m @ 10.9g/t Au from 210m and; 1m @ 15.4g/t Au from 212m. This result is highly encouraging and follow-up RC drilling is underway to firstly confirm the geometry of the high-grades and then to test the mineralisation up to 400m north along the interpreted strike. Previous drilling to the north of hole YRLRC0727 was not deep enough to penetrate into the primary rock and therefore this area is considered to be untested, providing a high priority exploration target. Assay results from 48 AC holes for 3,376m have been returned from the Malone and Malone North Prospects located up to 1.5km north of the Malone Kink Zone. A number of anomalous intercepts were returned including; 2m @ 0.5g/t Au from 49m (YRLAC0824); 3m @ 0.5g/t Au from 48m (YRLAC0782); 1m @ 0.6g/t Au from 65m and 1m @ 0.1g/t Au at end-of-hole (YRLAC0800); 4m @ 0.6g/t Au from 52m and 4m @ 0.2g/t Au from 64m (YRLAC0824 - 4m composite samples) and 10m @ 0.1g/t Au from 80m at end-of-hole (YRLAC2021 - 4m composite samples). At the Gordons Dam Prospect individual 1m fire-assay results have been received from 24 RC holes completed for 2,335m. Several significant intercepts were returned including; 18m @ 1.8g/t Au from 42m including 5m @ 4.9g/t Au from 44m (YRLRC0688); 19m @ 1.1g/t Au from 33m including 1m @ 10.7g/t Au from 38m and 1m @ 5.6g/t Au from; 45m (YRLRC0701) and 3m @ 1.7g/t Au from 37m and 1m @ 4.2g/t Au from 37m (YRLRC0708) At the Andrews Prospect located immediately south along strike from the Malone and Gordons Dam prospects final assay results have been received from 13 RC holes completed for 2,266m. Approximately 500m east of the felsic-mafic contact 27 AC holes were completed for 1,511m to explore for new mineralisation. A number of highly anomalous results were returned including; 2m @ 0.6g/t Au from 35m (YRLAC0705); 4m @ 1.0g/t Au from 57m including 1m @ 1.5g/t Au from 57m (YRLRC0716); 5m @ 1.1g/t Au from 27m including 1m @ 3.4g/t Au from 30m (YRLRC0740) and 1m @ 0.4g/t Au from 26m at end-of-hole (YRLRC0741). A follow-up RC program is currently being planned. At the Bradman Prospect located ~3km south of Gordons Dam final assay results have been returned from one RC hole and one RC and diamond tail hole. The holes were completed as a follow-up to significant mineralisation intercepted in hole YRLRC0646; 11m @ 2.0g/t Au from 257m including 1m @ 9.9g/t Au from 261m (YRLRC0646)1 The best results included; 9m @ 0.5g/t Au from 222m including 1m @ 2.3g/t Au from 228m (YRLRC0648); 7m @ 0.5g/t Au from 222m including 1m @ 2.7g/t Au from 222m (YRLRCD0730)1. Results are pending from two recently completed diamond holes (YRLDD0014-15) which were also designed to test for extensions to mineralisation discovered in hole YRLRC0646. Also at Bradman assay results have been received from 30 AC holes for 1,479m that tested areas immediately adjacent to the Andrews prospect. Star of Gordon Prospect The prospect is located 2km directly NNW along strike from the Gordon Sirdar underground gold mine which is owned and operated by FMR Investments Pty Ltd. ("FMR"). FMR are currently mining ~60,000t of ore per month using conventional underground mining methods and transporting the ore via road haulage for processing at their mill in Coolgardie. A five hole diamond drilling program has been completed for 1,144m - results pending. The oriented core holes were designed to confirm the geometry and structural aspects of high-grade gold mineralisation returned from earlier RC drilling in 2021 as follows; 1m @ 19.8g/t Au from 159m (YRLRC668)1; 45m @ 2.0g/t Au from 18m including 10m @ 8.4g/t Au from 43m (YRLRC630)1 Final results are also pending for 73 RC holes for 8,907m completed at the prospect during the December Quarter 2021 and the current quarter. Ankündigung • Jan 12
Yandal Resources Ltd Provides an Update on Exploration Activities Yandal Resources Ltd. provided an update on exploration activities at the 100%-owned Gordons gold project in Western Australia. At the Bradman Prospect located ~3km south of Gordons Dam (Figure 2) a three hole diamond drilling program is underway to follow-up a highly significant reverse circulation ("RC") intercept from hole YRLRC646 including; 11m @ 2.0g/t Au from 257m including 1m @ 9.9g/t Au from 261m (YRLRC646); Results from two earlier RC holes completed within 200m of YRLRC646 and a further 25 RC holes completed along ~2.5km of strike to the north at the adjoining Malone prospect are pending. At the Gordons Dam Prospect individual 1m fire-assay results have been received from 29 RC holes and 4m composite results have been received from four RC holes. A number of significant mineralisation zones were intersected including; 5m @ 3.7g/t Au from 28m including 1m @ 16.6g/t Au (YRLRC683); 23m @ 1.2g/t Au from 52m including 2m @ 8.4g/t Au (YRLRC681); 43m @ 0.7g/t Au from 42m including 8m @ 2.0g/t Au (YRLRC689); 6m @ 1.5g/t Au from 37m including 1m @ 7.2g/t Au (YRLRC693); 2m @ 3.0g/t Au from 38m including 1m @ 5.7g/t Au (YRLRC704A); 7m @ 1.0g/t Au from 30m including 1m @ 5.9g/t Au (YRLRC678). Results from a further 20 RC holes are pending and when returned an initial Mineral Resource Estimate will be compiled for evaluation and mining study purposes. Recent Insider Transactions Derivative • Nov 27
Independent Non-Executive Director exercised options to buy AU$380k worth of stock. On the 23rd of November, Katina Law exercised options to buy 1m shares at a strike price of around AU$0.25, costing a total of AU$250k. This transaction amounted to 167% of their direct individual holding at the time of the trade. Since March 2021, Katina has owned 597.50k shares directly. Company insiders have collectively sold AU$832k more than they bought, via options and on-market transactions in the last 12 months. Ankündigung • Jul 25
Yandal Resources Limited Executes Tenement Swap and Royalty Deeds over Tenements in the Kalgoorlie Area with PVW Resources Ltd Yandal Resources Ltd. announced that it has executed tenement swap and royalty deeds over tenements in the Kalgoorlie area with PVW Resources Ltd. Yandal Resources has acquired a 100% interest in Exploration Licence E27/570 from PVW and PVW has acquired a 100% interest in Exploration Licence E24/214 and Prospecting Licences P24/5266 5271 from Yandal Resources. Compilation of historic exploration data from E27/570 is underway and new Air-core drilling is planned to commence in the current quarter as part of a combined ~20,000m regional drilling program within the
Gordons gold project for the remainder of 2021. Yandal Resources and PVW have retained a reciprocal 2% net smelter royalty on all product produced from
the respective tenements. Ankündigung • Jul 03
Yandal Resources Limited Provides Exploration Update Yandal Resources Limited provide an update on exploration activity across its portfolio of highly prospective 100%-owned gold projects in Western Australia. During the June Quarter, based on a series of encouraging results throughout 2020/2021, the Company transitioned its priority one focus towards exploration activities at the Gordons Dam and adjacent Malone prospects. Plans are being executed to have up to four drilling rigs operating in the September Quarter. Currently one Air-core ("AC") and one reverse circulation ("RC") rig are operating with a second RC rig due on site in July. Subject to the availability of experienced field personnel a diamond drilling rig is planned to be onsite assoon as possible in the September Quarter. RC drilling has been semi-continuous throughout the year and the Company has recently received results from the upper parts of several RC holes that were completed in March/April1, and from some new RC holes completed in April/May. Significant new intercepts from the near surface depleted parts of the Gordons Dam Main Zone include: 11m @ 2.66g/t Au to end-of-hole from 30m including 7m @ 4.09g/t Au including 1m @ 7.59g/t Au and 1m @ 9.16g/t Au (YRLRC532) 7m @ 1.09g/t Au from 43m including 2m @ 2.58g/t Au from 44m and 2m @ 1.17g/t Au including 1m @ 1.81g/t Au (YRLRC528) 1m @ 1.11g/t Au from 43m, 1m @ 1.11g/t Au from 75m and 10m @ 0.38g/t Au to end-of- hole from 162m including 1m @ 2.05g/t Au from 17m (YRLRC573). 2m @ 0.71g/t Au from 88m to end-of hole including 1m @ 1.17g/t Au (YRLRC549) 8m @ 0.39g/t Au from 44m including 4m @ 0.50g/t Au *4m composite sample (YRLRC550). Assay results are pending from a further 56 RC holes for 6,151m, 42 AC holes for 3,022m and one diamond hole for 342m that have been completed since April. It is expected that over the course of the September and December Quarters a further 20,000m of drilling will be undertaken at the prospects. Ankündigung • May 29
Yandal Resources Reports New Drilling Results from Air-Core and Reverse Circulation Drilling at Multiple Prospects Within the Gordons Gold Project Yandal Resources reported new drilling results from Air-core and reverse circulation drilling at multiple prospects within the Gordons gold project, located in the highly prospective Kalgoorlie-Boulder Region of Western Australia. Star of Gordon Prospect: A total of 43 angled RC holes for 4,197m were completed during the March Quarter 20211 to test ~1.5km strike length of shallow historic workings and surficial prospecting areas. RC drilling was used to penetrate primary rocks as the depth of strong weathering is generally very shallow at ~10-15m. Widespread mineralisation was encountered within transitional and primary mafic, ultramafic and porphyry rock types. The mineralisation is open in all directions. Highlights include; 3m @ 1.37g/t Au from 10m including 1m @ 2.32g/t (YRLRC491); 3m @ 1.28g/t Au from 18m including 1m @ 1.69g/t (YRLRC492); 5m @ 2.44g/t Au from 21m including 3m @ 3.25g/t (YRLRC493); 6m @ 1.37g/t Au from 94m including 1m @ 6.12g/t (YRLRC501); 2m @ 1.57g/t Au from 51m including 1m @ 2.63g/t (YRLRC503); 4m @ 0.86g/t Au from 40m including 1m @ 2.99g/t (YRLRC506); 3m @ 2.11g/t Au from 61m including 1m @ 3.67g/t (YRLRC506A); 5m @ 0.95g/t Au from 35m including 1m @ 2.73g/t (YRLRC507); 8m @ 4.69g/t Au from 15m including 2m @ 10.20g/t and 1m @ 13.29g/t (YRLRC513); 10m @ 2.53g/t Au from 27m including 2m @ 6.88g/t and 1m @ 8.56g/t (YRLRC514). The mineralisation occurs <2km directly NNW along strike from the Gordon Sirdar underground gold mine which is owned and operated by FMR Investments Pty Ltd. FMR are currently mining ~60,000t of ore per month using conventional underground mining methods and transporting the ore via road haulage for processing at their mill in Coolgardie. Considering the extent of historic workings, the proximity of the intercepts to known gold deposits and the limited historic drilling into primary rocks, the Company considers the prospect to be a high priority exploration target. Planning and preparation for follow-up RC drilling to test for mineralisation at 100-150m depth is underway with commencement planned in the September Quarter. A total of 93 vertical AC holes for 5,650m were completed in February and March along strike from and in areas adjacent to known mineralisation within shallow palaeochannel sediments, porphyry and mafic rock types. Numerous significant intercepts from 4m composite samples were previously reported from 74 holes1 and now individual 1m samples have returned significant mineralisation. Highlights include; 4m @ 1.52g/t Au from 83m at end-of-hole (YRLAC590); 6m @ 0.47g/t Au from 53m including 1m @ 1.02g/t at end-of-hole (YRLAC612); 4m @ 0.62g/t Au from 59m including 1m @ 1.82g/t (YRLAC614); 3m @ 1.14g/t Au from 77m including 1m @ 2.25g/t and 3m @ 0.33g/t at end-of-hole (YRLAC628); 2m @ 1.17g/t Au from 58m including 1m @ 2.07g/t at end-of-hole (YRLAC632); 5m @ 1.94g/t Au from 65m including 1m @ 8.21g/t (YRLAC633). In addition, 4m composite samples have been returned from the remainder of the program with assays defining additional new mineralisation (Figures 1, 3 & Table 3). Highlights include: 8m @ 0.19g/t Au from 68m (YRLAC616); 4m @ 3.01g/t Au from 80m (YRLAC648). The new results are considered highly encouraging as they currently define a large transitional and bedrock anomaly extending for over 1km in a north-south direction and for over 500m in the east-west direction. The anomaly is open to the south-west and the western part of the anomaly is interpreted to be related to a NNW - SSE trending mafic - felsic volcanic contact. The underlying regional schematic geology interpretation map shown in Figure 3, is not currently accurate as it is in the process of being updated with recent information for future releases. Results from the area in the vicinity of hole YRLAC648 (4m @ 3.01g/t Au from 80m) are particularly encouraging as they define a linear +300m long east-west trending zone that is open to the west. Additional lines of first pass AC drilling are planned to commence in the current quarter with ongoing RC and diamond ("DD") drilling planned for immediate follow-up. RC drilling is currently underway at the Malone prospect to test new targets generated from the earlier AC results. An ongoing RC program is underway to test beneath the anomalies to maximum depths of 150-200m depending on ground conditions. If results are successful, deeper RC and DD drilling will immediately follow. RC assay results are pending. Individual 1m assay results were returned from anomalous 4m composite intervals from angled AC holes which have also provided better definition of the bedrock targets ~600m south-east along strike from the more advanced Gordons Dam prospect. Highlights include; 2m @ 1.10g/t Au from 44m including 1m @ 1.23g/t Au at end-of-hole (YRLAC465); 4m @ 0.91g/t Au from 73m including 1m @ 1.65g/t Au at end-of-hole (YRLAC465). Follow-up RC drilling has commenced to test beneath the most encouraging bedrock anomalies and further drilling is planned once the results of a detailed structural mineralisation study at Gordons Dam are received. RC assay results are pending. As follow-up to high-grade primary intercepts returned from March Quarter RC drilling including 1m @ 20.68g/t Au from 118m in hole YRLRC5431 and 1m @ 20.41g/t Au from 73m in hole YRLRC5391, a detailed structural mineralisation study was instigated. The study will be completed by Davis Vanderhor Geological Consultants and use all available drilling data including results from a recently completed DD hole YRLDD008. The new hole was completed to 342.1m downhole depth and was designed to intersect porphyry hosted and related mineralisation at vertical depth of ~200m. Significant disseminated, brecciated and quartz hosted sulphides were noted within altered porphyry and mafic rocks in the drill core commencing very close to the interpreted target depth. DD assay results are pending. Key exploration activities planned during the June and September Quarter at the Gordons project include; Receive and review all pending AC, RC and DD drill hole results from Gordons Dam, Gordons; Dam SE, Malone and Sheperd prospects and implement immediate follow-up high-impact drilling to test targets to maximum vertical depths of ~500m; Compile results and implement recommendations from the structural mineralisation study; Continue DD, RC and AC programs at the Gordons Dam, Gordons Dam SE, Malone and Star of Gordon prospects. Recent Insider Transactions Derivative • May 01
MD, CEO & Director exercised options to buy AU$384k worth of stock. On the 30th of April, David Hughes exercised options to buy 800k shares at a strike price of around AU$0.25, costing a total of AU$200k. This transaction amounted to 24% of their direct individual holding at the time of the trade. Since June 2020, David's direct individual holding has increased from 2.99m shares to 3.34m. Company insiders have collectively sold AU$133k more than they bought, via options and on-market transactions in the last 12 months. Is New 90 Day High Low • Mar 10
New 90-day high: AU$0.49 The company is up 9.0% from its price of AU$0.45 on 10 December 2020. The Australian market is up 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 7.0% over the same period. Ankündigung • Mar 09
Yandal Resources Ltd Reports It Intersected Significant High-Grade Gold Mineralisation at Number of Prospects Within the 100%-Owned Ironstone Well Gold Project in Western Australia Yandal Resources Ltd. reported that it has intersected significant high-grade gold mineralisation at a number of prospects within the 100%-owned Ironstone Well gold project in Western Australia. The limited drilling was designed to expand mineralisation at Flinders Park and to confirm historic mineralisation at the Oblique and Quarter Moon prospects ahead of major expansion and discovery drilling programs during 2021. Schematic plan of key prospects within the Ironstone Well gold project in relation to project tenure, regional interpreted geology and planned new exploration drilling lines. The regional map showing the >20km long Flinders Park to Atlanta priority target zone. For the detailed plan of the Flinders Park prospect. Note the paucity of effective drill hole collars within a short distance of the Flushing Meadows deposit (Effective holes are defined as angled holes that are deeper than 50m). A total of 11 angled reverse circulation ("RC") holes for 927m at downhole depths between 60-120m were completed at the Flinders Park, Quarter Moon and Oblique prospect during the December Quarter 2020. Some of the initial 4m composite samples were reported in December 2020. Flinders Park prospect drill collar plan with gold grade projected to collar over interpreted geology and planned new exploration drilling lines. Historic drill hole grades are shown as per the map legend2. At Flinders Park two of the three holes returned highly significant shallow oxide mineralisation confirming the area as highly prospective. Anomalous gold has been defined over a 1.6km strike length with recent and historic AC drilling. The depth to primary rock is in excess of 110m in most areas. There has only been four reconnaissance RC holes completed to test for primary mineralisation at depth with final depths between 132-210m. The Company is preparing plans to conduct significant drilling along strike and at depth to explore for the source of the widespread oxide gold and any extensions at depth. The mineralisation is open in most directions. Best downhole intercepts included; 14m @ 4.39g/t Au from 45m including 1m @ 42.47g/t Au from 52m (YRLRC474). 13m @ 2.90g/t Au from 36m including 1m @ 21.05g/t Au from 36m (YRLRC447). At the Quarter Moon prospect all six holes returned significant oxide, transitional and primary mineralisation to a maximum depth of 110m downhole. The base of complete oxidation is from 40-50m and the depth to primary rock is 60-70m. A program of 800m spaced AC lines are planned to extend the 1km long strike length of the known mineralisation as the mineralisation is open in all directions (Figure 2). Closer spaced RC drilling to depths of 350m will be completed beneath known mineralisation and any new mineralisation discovered along strike. Best downhole intercepts included; 2m @ 11.17g/t Au from 80m including 1m @ 10.87g/t Au from 80m and 1m @ 11.47g/t Au from 81m (YRLRC478). 12m @ 2.05g/t Au from 5m including 1m @ 16.47g/t Au from 8m (YRLRC479). 2m @ 7.14g/t Au from 83m including 1m @ 13.99g/t Au from 83m (YRLRC450). At the Oblique prospect both holes completed returned significant oxide and transitional mineralisation to a maximum depth of 87m downhole and the depth to primary rock is between 90-100m. An additional program of 800m spaced AC lines are planned to extend the 1km long strike length of the known mineralisation to test areas where historic drilling has been ineffective. The Oblique mineralisation is also open in all directions and closer spaced RC drilling to depths of 350m will be completed beneath known mineralisation and any new mineralisation discovered along strike. Best downhole intercepts included; 21m @ 0.90g/t Au from 51m including 4m @ 1.87g/t Au from 68m to end-of-hole (YRLRC481). 3m @ 0.23g/t Au from 84m to end-of-hole (YRLRC482). Ankündigung • Mar 04
Yandal Resources Ltd Reports Significant High-Grade Gold Mineralization At the Sims Find Prospect Yandal Resources Ltd. reported that it has intersected significant high-grade gold mineralization at the Sims Find prospect within the 100%-owned Barwidgee gold project in Western Australia. A total of 39 angled reverse circulation holes for 2,458m at downhole depths between 18m to 102m were completed at the Sims Find prospect during the December Quarter 2020 with initial 4m composite samples reported in December 2020. The holes were designed to confirm and extend historic mineralization in the vicinity of the historic Sims Find and Lady Lila shallow underground workings that were mined briefly in the 1930's. Significant mineralization has been confirmed occurring in multiple parallel quartz veins, sulphides and shears within a large coarse grained intrusive dolerite rock unit. Most holes returned significant mineralization which is interpreted to dip shallowly toward the south west, and strike in a north west direction. The depth of intense weathering is very shallow often less than 7m which is likely to indicate the mineralization is not strongly influenced by supergene enrichment or depletion effects. Best intercepts included; 8m at 24.30g/t Au from 9m including 1m at 129.00g/t Au from 12m (YRLRC457); 3m at 20.85g/t Au from 30m including 1m at 62.25g/t Au from 30m (YRLRC447); 5m at 6.53g/t Au from 17m including 1m at 30.40g/t Au from 17m (YRLRC445); 2m at 12.27g/t Au from 37m including 1m at 24.03g/t Au from 37m (YRLRC432); 2m at 9.06g/t Au from 48m including 1m at 17.90g/t Au from 48m (YRLRC450); 7m at 3.50g/t Au from 23m including 1m at 12.05g/t Au from 26m (YRLRC433); 5m at 3.33g/t Au from 22m including 1m at 8.15g/t Au from 23m (YRLRC440). There are a number of very high grades in new and historic holes surrounded by lower grades which can be typical of high grade "nuggety" gold mineralization which is an effect in part caused by the inadequacy of sampling techniques. For example a low-grade assay may not exclusively mean low grade mineralization due to the typically very small amount (40 or 50 grams) of sample used for assaying. A number of high and low grade drill intercepts from the current program have been selected for additional and alternative analytical techniques to assist with evaluation of the mineralization and exploration targeting. In addition for follow-up drilling in proximity to the known mineralization, 1m sampling will be used instead of 4m composite sampling as a more accurate way to initially test the prospect. Ankündigung • Feb 25
Yandal Resources Limited Reports Assay Results from Gordons Gold Project Yandal Resources Limited reported new downhole fire assay results from diamond core ("DD") drilling at the Gordons Dam prospect within the Gordons gold project located in the highly prospective Kalgoorlie-Boulder Region of Western Australia A total of three angled DD holes for 943.80m (YRLDD005-007) were completed at the Gordons Dam prospect during the December Quarter 2020; results from YRLDD005 and the majority of YRLDD006 were
reported in January 20211. The holes were designed to provide new geological and structural data in order to improve the geological interpretation of the underlying mafic, intrusive porphyry and felsic volcanic rock sequence and the controls to the gold mineralisation discovered to date. Hole YRLDD007 successfully intersected significant mineralisation within an intrusive porphyry unit, quartz veins within the intrusive and at both the upper and lower contacts of the intrusive with surrounding mafic rocks. Best intercepts included; 5.00m @ 1.19g/t Au within 20.00m @ 0.66g/t Au from 36.00m 3.40m @ 4.68g/t Au within 33.75m @ 1.11g/t Au from 62.00m Earlier DD hole YRLDD006 located ~100m to the northwest of YRLDD007 intersected 4.00m @ 6.65g/t Au from 59.00m including 1.68m @ 11.94g/t Au from 60.32m1 within sheared pillow basalts and quartz veins oriented at 10-30 degrees to core axis. The results indicate the potential for multiple high grade structures with quartz veining oriented sub-parallel to the predominant direction of RC and diamond drilling completed to date. In addition, there is potential for these mineralised structures to cross cut both the basaltic rock sequence and the intrusive porphyry rocks. RC drilling has commenced at a number of new orientations to test for high grade structures with RC and DD drilling to follow in the June Quarter. Substantial ongoing follow-up RC and AC drilling programs to expand known mineralisation at Gordons Dam and other priority prospects within the project commenced in mid-January. A total of 6,990m comprising 37
RC holes for 3,555m and 117 AC holes for 3,435m have been completed. Prospects tested include Star of Gordons (RC), Gordons Dam (RC), Malone (AC), Gordons Dam SE (AC), Andrews (AC), Brayshaw (AC), Bradman (AC), Holloways Sth (AC) and Holloways (AC). All results are pending. Next Steps Key exploration activities planned during the remainder of the March Quarter include; Receive and interpret 1m RC assays from Sims Find, Flinders Park, Mt McClure, Oblique and Quarter Moon and commence follow-up RC programs; Complete 20,000m combined of AC and RC drilling across the Gordons project and assess whether sufficient data is present to compile a maiden MRE for Gordons Dam; Commence pit optimisation and technical activities for mining approvals at Gordons Dam;Commence AC drilling at several priority prospects at the Yandal belt projects. Ankündigung • Feb 18
Yandal Resources Ltd Announces Board Changes Yandal Resources Ltd. announced the appointment of highly experienced exploration executive, Mr. Tim Kennedy, as a Non-Executive Director of the Company. His most recent managerial role was as Exploration Manager with Independence Group NL, which during his 11 year tenure grew from being a junior explorer to a multi-asset and multi-commodity mining company. Mr. Kennedy currently serves as the Non-Executive Chairman of Sipa Resources Ltd. This appointment coincides with the resignation of Mrs. Kelly Ross as a non-executive director of Yandal. Executive Departure • Feb 17
Independent Non-Executive Director has left the company On the 17th of February, Kelly Ross' tenure as Independent Non-Executive Director ended after 2.9 years in the role. As of December 2020, Kelly personally held 156.25k shares (AU$67k worth at the time). Kelly is the only executive to leave the company over the last 12 months. Recent Insider Transactions Derivative • Jan 29
Independent Non-Executive Director exercised options to buy AU$206k worth of stock. On the 27th of January, Kelly Ross exercised options to buy 516k shares at a strike price of around AU$0.25, costing a total of AU$129k. This transaction amounted to 330% of their direct individual holding at the time of the trade. Since June 2020, Kelly has owned 156.25k shares directly. Company insiders have collectively bought AU$20k more than they sold, via options and on-market transactions, in the last 12 months. Ankündigung • Jan 14
Yandal Resources Limited Provides Drilling Updates on Gordons Dam Gold Yandal Resources Limited provides drilling updates on Gordons Dam Gold. The company reported RC drilling returned shallow high-grades including; 1m @ 52.81g/t Au from 35m (YRLRC0484). Diamond core drilling results received from two of three holes completed to interpret structural controls to known mineralisation returned high-grades including; 1.68m @ 11.94g/t Au within 4m @ 6.65g/t Au from 60.32m (YRLDD006). All three diamond core holes intersected a number of sub-parallel to core axis structures and quartz veins which indicate the potential for high-grade mineralisation to crosscut the geological sequence assays from YRLDD007 are pending ahead of RC drilling to specifically target these structures. Ankündigung • Nov 18
Yandal Resources Limited Announces Drill Intercepts Continues from the Gordons Dam Gold Prospect Yandal Resources Ltd. reported new 1m downhole sample fire assay results from reverse circulation ("RC") drilling at the Gordons gold project located in the highly prospective Kalgoorlie-Boulder Region of Western Australia . Fifty-five RC holes for 4,385m were completed at the Gordons Dam prospect to test for extensions immediately adjacent to and along strike from mineralisation hosted within shallow oxidised palaeochannel sediments, felsic porphyry and mafic rocks. The final 36 holes for 3,089m are reported in this release. - Gordons Dam prospect collar plan over a 1VD magnetic image showing the location of new RC holes with assays received (Purple circles), new AC holes with results pending (Red diamonds), new diamond holes currently being drilled (Red stars) and all other holes as per the legend. Refer for new results. A 10,000m AC drilling program to test for extensions to the Gordons Dam prospect and a number of regional targets was completed at the end of October. All assays are pending. Ankündigung • Nov 05
Yandal Resources Limited Updates Mineral Resource Estimate for the Flushing Meadows Gold Deposit Yandal Resources Ltd. announced an updated Mineral Resource Estimate for the Flushing Meadows gold deposit, part of its 100% owned Ironstone Well gold project near Wiluna in the Yandal Greenstone Belt of Western Australia. The prospect occurs within the regionally extensive Barwidgee Shear Zone and is located 60km south-west of the mining town of Wiluna in close proximity to a number of gold development projects and operating mines. The MRE contains a total 7.4Mt @ 1.13g/t Au for 268,000oz (> 0.5g/t Au lower cut-off grade) and utilized sample data from 420 RC drill holes and four diamond drill holes. Multiple three-dimensional mineralisation wireframes and weathering surfaces were created over 1.8km in strike length to constrain the mineralisation and block grades were estimated using the Ordinary Kriging method. The MRE contains a higher-grade component of 3.6Mt @ 1.50g/t Au for 174,000oz (> 1.0g/t Au lower cut-off grade) with numerous mineralisation envelopes open at depth. The majority of the MRE reports to the Inferred Resource Category and it is likely that with infill drilling to nominal spacing of 20-25m a large portion could be upgraded to the higher confidence Indicated Resource Category. Key features; A total of 214,912oz are classified as laterite, oxide and transitional material which has the potential for low cost mining and processing; Includes 3.6Mt @ 1.50g/t Au for 174,000oz reported above 1.0g/t Au lower cut-off grade; Gold mineralisation commences at surface and has been modelled for 1.8km along strike as series of stacked lodes to an average vertical depth of 150m; New drill programs are underway to test Resource expansion targets at Flushing Meadows and historic prospects within a 10km radius; and Feasibility study activities to continue with metallurgical testing and pit optimization and work streams underway. Ankündigung • Oct 10
Yandal Resources Limited Reports New 1M Downhole Sample Fire Assay Results from Reverse Circulation At the Gordons Gold Project Yandal Resources Limited reports new 1m downhole sample fire assay results from reverse circulation ('RC') drilling at the Gordons gold project located in the highly prospective Kalgoorlie-Boulder Region of Western Australia.
Fifty-five RC holes for 4,385m were completed at the Gordons Dam prospect to test for extensions immediately adjacent to and along strike from mineralisation hosted within shallow oxidised palaeochannel sediments, felsic porphyry and mafic rocks. Gordons Dam prospect collar plan over a 1VD magnetic image showing the location of new RC holes (Red), new RC oles with results pending (Yellow), new AC holes currently being drilled (Purple) and all other holes as per the legend. Gordons Dam prospect collar plan highlighting the interpreted palaeochannel area and a number of current and historic downhole RC intercepts. Within the palaeochannel area, high-grade intercepts have been returned from multiple RC and Air-core ("AC") drill programs since late 2018. Due to the positive results it was decided to conduct a vertical 20m by 25m RC drilling program in order to compile an initial Mineral Resource Estimate ("MRE"). As part of the resource drilling program, comprehensive quality assurance and quality control ("QA/QC") sampling and re-assay programs have been completed to assess the repeatability and high nugget distribution of gold recognised in the palaeochannel. Due to the success of the previous programs further RC drilling programs on a close-spaced grid are planned to be conducted subsequent to the completion of the MRE and an initial economic evaluation. A 10,000m AC drilling program to test for extensions to the Gordons Dam prospect and a number of regional targets commenced in mid-September and is expected to be complete at the end of October. The design collar locations of the holes are shown in figure 1 and 3. All assays are pending. In addition a two hole diamond drilling program for 500m has been designed for the Gordons Dam prospect to examine the geological and structural controls on known primary mineralisation. Subject to rig availability this program is expected to be complete in the December Quarter. Is New 90 Day High Low • Oct 08
New 90-day high: AU$0.36 The company is up 33% from its price of AU$0.28 on 10 July 2020. The Australian market is up 3.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 2.0% over the same period. Ankündigung • Sep 26
Yandal Resources Ltd Provides Update on Key Feasibility Study Activities at Flushing Meadows Prospect Within Ironstone Well Gold Project Yandal Resources Ltd. provided an update on key feasibility study activities at the Flushing Meadows prospect within the Ironstone Well gold project located in the highly prospective Yandal Greenstone Belt in Western Australia. The Feasibility Study, Mining Proposal and Mine Closure Plan, contemplate construction of a conventional open pit mining operation with road haulage to third party processing facilities conducted by contractors and managed by The company. Work streams have commenced by a combination of The company personnel and experienced independent resource industry consultants. Four HQ triple tube diamond core holes were completed to a maximum down hole depth of 130m (total 470m) in August 2020 to provide important geotechnical data to design an open pit mine. The holes were also designed to intersect known mineralisation for Resource and metallurgical sample collection and to be used as ground water monitoring bores. Only oxide material has been chemically assayed currently. Assays from deeper down hole representing transitional and primary zones are pending with results expected in the December Quarter. Geology and Mineral Resource Estimates: The current JORC Code 2012 Mineral Resource Estimate for the Flushing Meadows deposit was compiled in September 2019 by BM Geological Services Pty Ltd. with the geological database supplied by The company. An upgraded MRE is planned for completion in October 2020 with the intention to upgrade a portion of Inferred Resources to Indicated Resources. The database has been updated with all drilling completed by the Company since October 2019 including comprehensive quality assurance and quality control re-assaying programs. Digital modelling of geology and mineralisation envelopes has been completed ahead of independent data verification and compilation of an updated Mineral Resource Estimate and block model suitable for economic assessment. A close spaced RC drilling program will be designed to reduce assay data density in a number of key mineralised areas of the MRE both above and below the standing ground water table as part of ongoing QA/QC programs. The aim of the programs will be to improve confidence in modelling parameters, grade estimation and grade continuity to assess economic risk once mine approvals are granted. Geotechnical and Hydrogeological Study: Pells Sullivan Meynick geotechnical and ground water consultants supervised the diamond core drilling and have submitted a number of samples to test specific geotechnical rock properties in order to generate appropriate pit design parameters. The holes have also been cased and equipped as ground water monitoring bores for assessment of dewatering parameters below the standing ground water level of 40m vertical depth. A vertical pump flow testing bore has been designed with construction and testing planned to commence in late October. Analytical testing of the ground water and surrounding station bores is also planned at this time as part of surface and ground water modelling. Ore Processing: Flushing Meadows is located 60 km south-east of the mining town of Wiluna and is within close proximity to a number of gold development projects and operating carbon-in-leach processing plants. In the December Quarter 2019, the Company released the results of early stage metallurgical test work undertaken by ALS Metallurgical laboratories in Balcatta, Western Australia ("ALS")1. Results from composited RC drill hole samples representing oxide material above 80m vertical depth at a grind size of 106 microns, returned an average of 94.1% gold recovery from conventional gravity and cyanide leach processing. A transitional RC drill sample from between 89-94m vertical depth ground to 75 microns returned 84% recovery with gold associated with 4% pyrite and minor arsenopyrite. The gravity and cyanide gold recoveries from mineralised oxide and transitional material at the grind sizes tested are acceptable for existing third party CIL processing plants in the region. As core samples containing mineralised material are now available, a new more detailed metallurgical study is underway to determine additional gold recovery and processing parameters under potential toll milling scenarios. In addition, parallel to the open pit and offsite processing feasibility study, a program to assess the potential for a standalone heap leach and recovery operation has commenced. Bulk quantities of mineralized intervals from reverse circulation drill samples have been delivered to ALS for an initial work program. Results from both programs are expected in the December Quarter. Pit Optimisation and Mine Design: Pit optimisation studies, mine design and Ore Reserve Estimation are to be completed by Intermine Engineering Consultants and utilise information supplied by independent technical consultants, mining and haulage contractors and The company. Environmental, Permitting and Stakeholder Engagement: An initial flora and fauna survey was completed by Botanica Consulting in 2019, and they have been retained to complete Mining Proposal, Mine Closure Plan and Clearing Permit applications for the project. The majority of the current MRE is within granted Mining Lease M53/1093, The company has applied for a new Mining Lease M53/1108 adjoining M53/1093 to the north west along strike and within Exploration Licence E53/1963. The Flushing Meadows prospect is located within the Kultju RNTBC, Kultju Determination. The Kultju Aboriginal Corporation is an incorporated body under the Corporations Act 2006 and is the Registered Native Title Body Corporate determined to hold native title rights and interests on trust for the Kultju Native Title Holders. Central Desert Native Title Services Limited has been authorised by Kultju Aboriginal Corporation to act as its agent in regards to land access negotiations and agreements. The Company is in the early stages of engagement with Central Desert, the Shire of Wiluna and the Department of Mines, Industry, Regulation and Safety to work towards the completion of all statutory approvals to mine. Next Steps: Key exploration and development activities planned during the September and December Quarters include Complete ground water, geotechnical assessment, MRE update, pit optimisation and design for Flushing Meadows, Receive and review pending 1m results from Gordons Dam RC and AC drilling, RC drill test Mt McClure and regional targets within the Barwidgee and Ironstone Well projects, and Complete maiden MRE and diamond drilling at Gordons Dam. Ankündigung • Jul 17
Yandal Resources Limited has completed a Follow-on Equity Offering in the amount of AUD 2.124636 million. Yandal Resources Limited has completed a Follow-on Equity Offering in the amount of AUD 2.124636 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 8,498,542
Price\Range: AUD 0.25
Transaction Features: Rights Offering 