Investor Presentation
Released
Released
Announcement PDF
UNLOCKING GOLD
DISCOVERIES IN THE
YANDAL BELT
Noosa Mining Conference| 23rd July 2025
ASX:YRL
yandalresources.com.au
Visit our InvestorHub at:
https://investorhub.yandalresources.com.au
IMPORTANT INFORMATION
Disclaimers
FORWARD LOOKING STATEMENT
COMPETENT PERSONS STATEMENT
This presentation has been prepared by Yandal Resources Ltd (“Yandal” or “YRL”). The information contained in this presentation is a
The information in this document that relates to Exploration Results, geology and data compilation is
professional opinion only and is given in good faith. Certain information in this document has been derived from third parties and though YRL has
based on information reviewed or compiled by Mr Chris Oorshcot, a Competent Person who is a
no reason to believe that it is not accurate, reliable or complete, it has not been independently audited or verified by YRL. This presentation is in
Member of The Australasian Institute Geoscientists. Mr Oorschot is the Managing Director of the
summary form and does not purport to be all inclusive or complete. Recipients should conduct their own investigations and perform their own
Company, is a full-time employee and holds shares and options in the Company. Mr Oorschot has
analysis in order to satisfy themselves as to the accuracy and completeness of the information, statements and opinions contained.
sufficient experience which is relevant to the style of mineralisation and type of deposit under
consideration and to the activity which he is undertaking to qualify as a Competent Person as defined
This is for information purposes only. Neither this nor the information contained in it constitutes an offer, invitation, solicitation or recommendation
in the 2012 Edition of the ‘Australasian Code for Reporting of Exploration Results, Mineral Resources and
in relation to the purchase or sale of YRL shares in any jurisdiction. This does not constitute investment advice and has been prepared without
Ore Reserves’. Mr Oorschot consents to the inclusion in this announcement of the matters based on this
taking into account the recipient’s investment objectives, financial circumstances or particular needs and the opinions and recommendations
information in the form and context in which it appears.
in this presentation are not intended to represent recommendations of particular investments to particular persons. Recipients should seek
professional advice when deciding if an investment is appropriate. All securities transactions involve risks, which include (among others) the risk
The information in this announcement that relates to the Flushing Meadows, Mt McClure and Gordons
of adverse or unanticipated market, financial or political developments.
Dam Mineral Resource Estimates is based on information compiled and generated by Andrew
Bewsher, an employee of BM Geological Services Pty Ltd (“BMGS”). Both Andrew Bewsher and BMGS
To the fullest extent permitted by law, YRL, its officers, employees, related bodies corporate, agents and advisers do not make any
hold shares in the company. BMGS consents to the inclusion, form and context of the relevant
representation or warranty, express or implied, as to the currency, accuracy, reliability or completeness of any information, statements, opinions,
information herein as derived from the original resource reports. Mr Bewsher has sufficient experience
estimates, forecasts or other representations contained in this presentation. No responsibility for any errors or omissions from this arising out of
relevant to the style of mineralization and type of deposit under consideration and to the activity which
negligence or otherwise is accepted.
is being undertaken to qualify as a Competent Person as defined in the 2012 Edition of the JORC
Any forward-looking statements included in this document involve subjective judgment and analysis and are subject to uncertainties, risks and
‘Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves’.
contingencies, many of which are outside the control of, and may be unknown to YRL. In particular, they speak only as of the date of this
YRL confirms that it is not aware of any new information or data that materially affects the information
document, they assume the success of YRL’s strategies, and they are subject to significant regulatory, business, competitive and economic
included in the original market announcements. The company confirms that the form and context in
uncertainties and risks. Actual future events may vary materially from the forward-looking statements and the assumptions on which the forward-
which the Competent Person’s findings are presented have not been materially modified from the
looking statements are based. Recipients of this document are cautionead to not place undue reliance on such forward-looking statements.
original market announcements.
ASX: YRL | YANDALRESOURCES. COM. AU
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YANDAL RESOURCES
MAKING NEW GOLD DISCOVERIES
Actively targeting and successfully making new gold
discoveries within the Eastern Goldfields of Western
Australia.
Yandal Resources offers investors exposure to the
potential growth generated through material gold
discoveries.
Siona Gold
Discovery
First Arrakis
AC Results
CORPORATE SNAPSHOT
CAPITAL STRUCTURE
Share Price1
Shares on Issue
$0.15
309.2M
Options
BOARD & MANAGEMENT TEAM
Chris Oorschot
Managing Director & CEO
Greg Evans
Non-Executive Chair
BSc (Hons 1st Class), MAIG, MSEG
BCom, DipApp Fin, GAICD
• Exploration Geologist with +15yrs experience
Market Cap1
predominantly in the Western Australian gold
sector
38.1M
~46.4M
Cash2
Enterprise Value
~7.1M
~39.3M
• Expertise in complex stratigraphic environments
and structurally controlled Archaean
mineralised systems
18.4%
Gold Road
82%
Top 20
18.6%
Regal Funds
• Corporate and Financial Advisor to public
companies and large private business owners
across multiple sectors
Eduard Eshuys
Strategic & Technical Advisor
BCom, FCPA, MBA, GAICD
BSc, FAusIMM, FAICD
covering corporate and site-based finance
roles across several continents
• Has held senior positions at Newmont Mining
Corporation’s head office in Denver, USA
42.3%
Other
resources sector
Katina Law
Non-Executive Director
• +30yrs experience in the mining industry
1%
Board
• +25yrs in investment banking in the mining and
Owen Casey
Exploration Manager
• Highly successful explorer and gold industry
executive
• Led teams in discovery of numerous gold
deposits including Plutonic, Jundee and
Bronzewing
• Former Executive Chairman of DGO Gold
BSc (Hons), MAIG
• Exploration geologist with + 14yrs experience
predominantly in the Western Australia gold
sector
8.6%
Ed Eshuys
1.
2. As of 31st March 2025
12.2%
Au Xingao
Based on the closing share price of $0.15 at close of trade on the 22th of July 2025
• Strong background in WA gold exploration
and project development
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WHAT IS YANDAL RESOURCES?
A gold focused exploration company
Three strategically located projects in Tier-1
gold belts of Western Australia
Norseman-Wiluna Belt
Yandal Belt
Ironstone Well –
Barwidgee Gold
Project
Mt McClure Gold
Project
Gordons Gold
Project
268Koz Au @ 1.1g/t Au
Mineral Resource
182Koz Au @ 1.7g/t
Mineral Resource
20Koz Au @ 1.7g/t Au
Mineral Resource
Actively targeting and
making new gold
discoveries
Historic mining centre
with demonstrated
potential for further
Resource growth
Targeting high-grade
gold discoveries just
outside of Kalgoorlie
Siona & Arrakis
All projects close to active processing facilities
ASX: YRL | YANDALRESOURCES. COM. AU
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IRONSTONE WELL-BARWIDGEE PROJECT
IWB Prioritised in the 2024 & 2025 Exploration Strategy
Excellent Geological Setting
Fertile first and second order structures
Area of 376.6km2 covering 53km of strike
Underexplored
Major structures poorly defined
Transported cover and complex regolith
Existing Mineral Resource
Flushing Meadows 268Koz - Located on granted mining lease
Potential Resource growth following recent discoveries
Strategic Location
Numerous producers within the region - Close to existing
processing facilities – Low jurisdictional risk in Western Australia
ASX: YRL | YANDALRESOURCES. COM. AU
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IRONSTONE WELL & BARWIDGEE
GENUINE DISCOVERIES
Strategy is Delivering Exploration Success
Siona Gold Discovery
Late October 2024
Hosted by the New England Granite
Arrakis Prospect Defined
January 2025
>800m long mineralised structure
Large-Scale Potential
Early discovery phase
Host New England Granite is
largely untested
Rare Opportunity
Early AC results demonstrate
potential
Advancing Discoveries & Exploration
Targeting further discoveries
within the intrusive host
Large-scale >12,500m AC
Program Nearly Complete
Targeting large-scale discoveries
ASX: YRL | YANDALRESOURCES. COM. AU
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DISCOVERY POTENTIAL
CALADAN TARGET AREA
Caladan Target Area:
large fold truncated by a
northwest striking structure.
Unlocking New Discovery Opportunities
Previously unrecognised large-scale
structures
Kalgoorlie
District
Scale Comparison
• Large-scale fold structure, 3km
wide and >8km long
• Truncated by the Idaho Shear
• AC drilling confirms gravity high as
fractionated dolerite
• Broad geological setting is similar
Mt Charlotte
Flushing
Meadows
Deposit
(268koz)
Super
Pit
to Kalgoorlie district
Large greenfield search space
• Structures only identified in 2024
• Covered by 2-20m of transported
cover
ASX: YRL | YANDALRESOURCES. COM. AU
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DISCOVERY POTENTIAL
EARLY SIGNS OF DISCOVERY
25IWBAC023
11m @ 2.1g/t Au Incl.
7m @ 3.1g/t Au
>800m MINERALISED STRUCTURE
Limited ineffective previous drilling
• Only drilling completed in 1995, 400m by 400m
• Shallow, average depth of 22m
• Coherent, 3km long, low-level regolith anomaly
Aircore drilling confirms mineralised structure at Arrakis
3 km Long
Arrakis
Regolith Au
Anomaly
24IWBAC063
11m @ 1.7g/t to EOH
• 12,500m program commenced in early June
• Testing 6.4km extent of the Caladan target area
• Mineralised structure Identified over more than 800m
• Open along strike with evidence of parallel positions
• Associated with a 3km long Arrakis regolith anomaly
• Hosted within deformed and altered dolerite
ASX: YRL | YANDALRESOURCES. COM. AU
25IWBAC032
12m @ 1.1 g/t Au &
12m @ 0.5 g/t Au to EOH
Mafic Dolerite
9
Recent results - 400m northwest
Recent results - 400m southeast
Arrakis Cross-Section B
northwest facing
Arrakis Cross-Section A
northwest facing
Surface
Transported Cover
Surface
Transported Cover
12m @ 1.1 g/t Au incl.
2m @ 3.2 g/t Au &
1m @ 2.5 g/t Au
Results
Pending
BOCO
Results
Pending
Results
Pending
?
Results
Pending
11m @ 2.1 g/t Au
incl. 7m @ 3.1 g/t Au
12m @ 0.5 g/t Au to EOH
incl. 1m @ 2.0 g/t Au
Future target - Parallel
mineralisation
Dolerite
Dolerite
Intermediate
?
ASX: YRL | YANDALRESOURCES. COM. AU
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YANDAL RESOURCES HIGHLIGHTS
UNLOCKING GOLD DISCOVERIES
Demonstrated the potential for near-term discoveries –
Caladan / Arrakis
Siona gold discovery within the New England Granite –
Just the start
Strategically located projects – Numerous processing
options within 100km
A technically driven, systematic approach to exploration
– Recent results demonstrate that YRL strategies are
effective and maturing
Well-funded to progress exploration into 2025 – with circa
$7.1M in cash
ASX: YRL | YANDALRESOURCES. COM. AU
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GEOLOGY DRIVEN DISCOVERY
NEXT STEPS
Testing Large-Scale Targets
Activity
April
May
Activity
Results
June
July
August
Sept.
Siona Diamond Drilling
Caladan AC Program
RC Follow-up
NEG Heritage Survey
NEG AC Program
Caladan Heritage Survey #2
Caladan
Corporate
• 12,500m program commenced
• KPMG Corporate Finance to advise on
• Results expected from July through to October
• Follow-up heritage surveys targeted in August
New England Granite
• Heritage survey to be completed in July
and manage the potential divestment of
the non-core Mt McClure and Gordons
Gold Projects
• $0.11 options expiring in November – circa
$2.5m in value
• Air-core drilling scheduled post heritage survey
ASX: YRL | YANDALRESOURCES. COM. AU
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UNLOCKING GOLD DISCOVERIES
IN THE YANDAL BELT
For further info
Contact Chris Oorschot
+61 (0)8 9389 9021
yandal@yandalresources.com.au
Level 3, Suite 1, 1138 Hay St West Perth, WA, 6005
ASX:YRL
yandalresources.com.au
YANDAL RESOURCES LIMITED
Relevant Previous ASX Announcements
Further details relating to the information provided in this Presentation can be found in the following Yandal Resources Limited ASX announcements:
• Caladan AC Results Show Early Signs of Scale, 10 July 2025
• IWB Soil Results & NEG Diamond Drilling Complete, 12 August 2024
• Caladan Air-Core Drilling Program Commences, 5 June 2025
• Gold Coast Investment Showcase Presentation, 20 June 2024
• Siona Diamond Drilling Results, 21 May 2025
• Air-core Drilling Commences Across Caladan and Irulan, 10 October 2024
• Arrakis RC Drilling Results, 30 April 2025
• Oblique Diamond Drilling Results, 3 September 2024
• New Prospect Defined at New England Granite, 15 April 2025
• IWB Soil Results and NEG Diamond Drilling Complete, 12 August 2024
• Ironstone Well-Barwidgee Exploration Update, 25 February 2025
• Large-scale Gold Anomalies Across Emerging Targets, 15 July 2024
• Caladan Air-core Drilling Demonstrates Discovery Potential, 15 January 2025
• Gold Coast Investment Showcase Presentation, 20 June 2024
• Siona Results & RC Drilling Commences for 2025, 13 January 2025
• Exploration Update – IWB Ground Gravity Survey, 11 June 2024
• High-Grade Gold at Siona, 11 December 2024
• Drilling at Oblique Confirms Large Scale Potential, 25 October 2023
• Further RC Drilling Results From Siona, 25 November 2024
• Heritage Clearance Received for Drill Testing of Key Prospects at Ironstone
• RC drilling returns 78m @1.2g/t from New England Granite, 21 October 2024
Well-Barwidgee, 24 July 2023
• New England Granite Diamond Drilling Results, 24 September 2024
ASX: YRL | YANDALRESOURCES. COM. AU
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YANDAL RESOURCES LIMITED
MINERAL RESOURCE SUMMARY
Due to the effects of rounding, totals may not represent the sum of the individual components. 1- Reported above 0.5g/t Au lower cut-off
grade; refer to Yandal Resources Ltd ASX announcement dated 4 November 2020 for full details. 2- Reported above 1.0g/t Au lower cut-off grade;
refer to Yandal Resources Ltd ASX announcement dated 22 August 2022 for full details. 3- Reported above 1.0g/t Au lower cut-off grade; refer to
Yandal Resources Ltd ASX announcement dated 6 September 2022 for full details. 4- Reported above 1.0g/t Au lower cut-off grade; refer to Yandal
Resources Ltd ASX announcement dated 20 September 2022 for full details. 5- Reported above 0.5g/t Au lower cut-off grade; refer to Yandal
Resources Ltd ASX announcement dated 3 October 2022 for full details. 6- Reported above 1.0g/t Au lower cut-off grade; refer to Yandal Resources
Ltd ASX announcement dated 3 October 2022 for full details. 7- Reported above 1.0g/t Au lower cut-off grade; refer to Yandal Resources Ltd ASX
announcement dated 3 October 2022 for full details. 8- All Resources are reported as global estimates, not constrained by optimised pit shells.
ASX: YRL | YANDALRESOURCES. COM. AU
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