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Yandal Resources

The interpretation of the Ironstone Well-Barwidgee ground gravity data in June generated a number of significant early-stage conceptual targets for the Company, including the Caladan and Irulan target areas. A review of previous exploration over or adjacent to these targets commenced immediately. This release highlights insights from the data review, including identifying several large-scale regolith anomalies across Caladan and Irulan. Furthermore, the planning and scheduling of an effective drill program across these targets is well underway, as is the completion of a preliminary heritage survey across Irulan and Caladan.

The EIS co-sponsored diamond drilling at the New England Granite prospect has commenced and is expected to be completed in a week.