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Yandal Resources

Results from three diamond holes completed across the Quarter Moon Prospect in Early July have been reported. These results:

> Confirm high-grade gold mineralisation at depth that builds on RC results reported earlier this year,

> Confirm mineralisation is steeply dipping towards the north-east, with a northwest strike,

> There are up to 8 or 9 parallel structures cross-cutting the regionally significant dolerite host,

> Many of these structures remain open along strike and at depth.

The team is currently evaluating follow-up targets for drilling.

In addition to these results, the follow-up RC program across the New England Granite Prospect is complete, with results expected in four to six weeks. AC across the large-scale Caladan and Irulan target areas will commence this week.

Quarter Moon Diamond Drilling Results

Summary