Arrakis Gold Discovery Extended by 400m
Released
Released
Announcement PDF
ASX Announcement
24 September 2025
Arrakis Gold Discovery Extended by 400m
With 50m @ 1.3g/t Au
•
Results from 25IWBRC0042 and 25IWBRC0043 have been received;
significant intercepts include:
o 50m*1 @ 1.3g/t Au from 122m in 25IWBRC0042, including
28m @ 1.9g/t Au from 143m,
o 16m @ 0.7g/t Au from 140m in 25IWBRC0043, including
•
9m @ 1.0g/t Au from 140m.
These intercepts are approximately 400m northwest of recently reported
intercepts from 25IWBRC0040 (ASX release 22 September 2025) that
included:
o
54m*1 @ 1.2g/t Au from 108m to EOH in 25IWBRC0040, including
24m @ 2.1g/t Au from 138m to EOH.
•
These results demonstrate primary fresh rock mineralisation of a similar subvertical geometry and style comparable to that intercepted in
25IWBRC0040.
•
Results from a further three RC holes broadly testing the Arrakis trend to the
north west and south east over 2.2km of strike are anticipated over the
coming weeks.
•
A 1,200m follow-up diamond drilling program is scheduled for October,
along with infill RC drilling on the recently surveyed 200m spaced lines.
•
A heritage survey to clear 100m spaced lines across the Arrakis Prospect is
scheduled for early October.
*1: Down-hole width reported, as true width is uncertain, and further drilling is required to confirm the geometry of
mineralisation. Potential true-width is discussed within the body of this report.
For further information or to ask questions in relation to this announcement, please visit
our Investor Hub at https://yandalresources.com.au/link/P2z9YP
Contact Us
A: Suite 1, Level 3, 1138 Hay Street,
West Perth WA 6005
T: +61 (0)8 9389 9021
E: yandal@yandalresources.com.au
yandalresources.com.au | ASX:YRL
Board and Management
Chris Oorschot
Managing Director/CEO
Greg Evans
Non-Exec Chair
Katina Law
Non-Exec Director
Greg Fitzgerald
Company Secretary
Commenting on the new results, Yandal Resources’ Managing Director, Mr. Chris Oorschot,
said: “It is both encouraging and significant to observe a similar style of mineralisation in
terms of grade, alteration and deformation fabrics at a 400m spacing. The initial 400m and
800m line spacing used for air-core drilling was applied to define a target. We are now
seeing evidence of a potentially continuous mineralised system over this same spacing. As
we step out and consider the whole 2.2km trend initially defined by air-core drilling, the
scale of this discovery begins to look regionally significant.”
Yandal Resources Ltd (ASX: YRL, “Yandal Resources” or the “Company”) is pleased to report that
the results from 25IWBRC0042 and 25IWBRC0043, part of the recently completed reverse
circulation (RC) drilling program across the Arrakis Prospect, have been received. The RC drilling
program included seven (7) RC holes for a total of 1,374m, across 400m and 800m spaced lines
targeting mineralisation intercepted within recent air-core drilling that defines the more than
2.2km long mineralised Arrakis structure. The RC program was designed to confirm mineralisation
continuity and geometry within fresh rock below several significant air-core intercepts that
occurred in either fully or partially weathered rock.
Results from holes, 25IWBRC0042 and 25IWBRC0043, indicate:
•
Primary mineralisation within fresh rock, including a higher-grade mineralisation within a
broader low-grade envelope over a 400m spacing, providing the first evidence of
potential fresh rock mineralisation continuity along strike,
•
A similar mineralisation style to previously reported intercepts from drilling 400m to the
southeast, further supporting the early evidence of fresh rock mineralisation continuity
along strike,
•
Re-confirms a sub-vertical mineralisation geometry, and
•
Demonstrates the potential for continuous primary mineralisation across the more than
2.2km trend that defines the Arrakis Prospect.
These results further enhance the Company’s confidence that Arrakis hosts a significant
mineralised system. The Arrakis Prospect is located within the Caladan target area (tenements E
53/1843, E 53/2304, E 53/2192 and E 53/1882), part of the broader Ironstone Well-Barwidgee Gold
Project (see Figure 4), located 60km south of the Jundee mining complex (ASX: NST), and 18km
north the recent Siona discovery, within the Yandal Greenstone Belt.
yandalresources.com.au | ASX:YRL
2
Plan View
Arrakis Cross-Section A
northwest facing
Surface
Transported Cover
12m @ 1.1 g/t Au
6m @ 0.3 g/t Au
Basalt
12m @ 0.5 g/t Au
6m @ 0.8 g/t Au
50m @ 1.3 g/t Au incl.
28m @ 1.9 g/t Au
Regolith
Anomalies
16m @ 0.7g/t Au
Dolerite
Figure 1: Cross-section showing all RC drilling results from 25IWBRC0042 and 25IWBRC0043, with a simple
preliminary interpretation of geology. The section location is shown in Figure 2. The section shows all
drilling within +/- 50m of the section plane. Please note the plan view at top of section and the 30m
offset between intercepts within the two reported RC holes.
yandalresources.com.au | ASX:YRL
3
Arrakis RC Drilling Results
RC holes 25IWBRC0042 and 25IWBRC0043 were drilled on the same line as air-core hole
25IWBAC032 (see ASX release 10 July 2025) that returned an air-core intercept of 12m @ 1.1 g/t
Au from 45m, and 12m @ 0.5g/t Au from 70m Au to end-of-hole (EOH) (see Figures 1 and 2). Collar
and intercept details are listed in Tables 2 and 3. Both holes are located approximately 400m
northwest of the recently reported intercepts from 25IWBRC0040 that included 54m @ 1.2g/t,
including 24m @ 2.1g/t Au.
25IWBRC0042 has intercepted significant fresh rock gold mineralisation (see Figure 1 and
Appendix 1) with an intercept of:
o
50m @ 1.3g/t Au from 122m in 25IWBRC0042 (ETW of 24m), including
28m @ 1.9g/t Au from 143m,
(Intercepts calculated using a >0.3g/t cut off and no more than 4m of continuous internal waste)
25IWBRC0043 is offset from 25IWBRC0042 by 30m to the southeast (see Figure 1) and intercepted:
o
16m @ 0.7g/t Au from 140m in 25IWBRC0043 (ETW of 12m), including
9m @ 1.0g/t Au from 140m.
The estimated true widths (ETW) have been calculated and reported above. These true widths
are calculated based on the assumption that mineralisation is sub-vertical and striking to the
northwest (approx. 320°).
Mineralisation, alteration and deformation styles within both holes are comparable to those
observed in fresh rock intercepts from 25IWBRC0040 and 25IWBRC0041 (see Figure 3 for visual
examples of alteration associated with gold mineralisation from 25IWBRC0042). Alteration
observed includes variable intensities of silica-carbonate +/- sericite, chlorite, albite and biotite
alteration. Quartz veining up to 5% occurs through the intervals, along with fine disseminated
pyrite +/- arsenopyrite, with intermittent coarse blebs and stringers. The similarity of deformation
textures and alteration between the fresh rock intercepts to date is encouraging. It suggests
mineralisation is part of the same mineralised system, providing the first indication of mineralisation
continuity along strike, despite the 400m line spacing between results.
Both 25IWBRC0042 and 25IWBRC0043 also intercepted several zones of low-grade mineralisation
and anomalism within the weathering profile. These zones represent targets where they project
into fresh rock beneath and will be tested during the next phase of diamond and RC drilling.
yandalresources.com.au | ASX:YRL
4
Next Steps
A heritage survey clearing 200m spaced lines across the Arrakis Prospect was completed earlier
in September. A second survey is scheduled for early October to clear 100m spaced lines across
the Prospect. These two surveys will provide ample capacity for further drilling across the Arrakis
Prospect.
While the Company awaits further results from the remaining three RC holes (25IWBRC0044,
25IWBRC0045, and 25IWBRC0046; see Figure 2), preparations are underway for an approximately
1,200m diamond drilling program that will see diamond tails completed down several RC holes.
In addition to this, diamond holes will be drilled to test below recent RC intercepts and to test the
fresh rock position below parallel regolith anomalies. Diamond drilling is scheduled to commence
in October.
Follow-up RC drilling is also planned; this drilling will look to complete 200m spaced lines across
the 2.2km striking Arrakis trend and complete additional RC holes across existing lines. This
program may be up to 6,000m, subject to further results and geological observations.
yandalresources.com.au | ASX:YRL
5
5m @ 0.7g/t Au
from 112m to EOH
11m @ 1.7g/t from to EOH
25IWBRC0045
Assays Pending
25IWBRC0044
Assays Pending
12m @ 1.1 g/t Au &
12m @ 0.5 g/t Au to EOH
25IWBRC0043
16m @ 1.1 g/t Au
25IWBRC0041
6m @ 1.1 g/t Au to EOH
11m @ 2.1g/t Au
Interpreted
Arrakis
Structure
25IWBRC0042
50m @ 1.3 g/t Au incl.
38m @ 1.9g/t Au
25IWBRC0046
Assays Pending
25IWBRC0040
54m @ 1.2 g/t Au incl.
24m @ 2.1 g/t Au to EOH
22m @ 0.4 g/t Au
Incl. 7m @ 1.2 g/t Au
Figure 2: A collar plan over the Arrakis Prospect within the Caladan target area, showing simplified
bedrock geology interpretation. All Yandal drilling is plotted (historic drilling has been excluded.
Collars are thematically coloured by max Au (g/t) in the hole. The red line represents the
approximate position of the interpreted Arrakis mineralised structure. Dashed yellow polygons
represent air-core regolith anomalies (Results include ~4m @ 0.1 g/t Au or greater, with the upper
profile or the bottom-of-hole sample is 0.1g/t Au or greater).
yandalresources.com.au | ASX:YRL
6
A
B
C
D
Figure 3: Close-up images of rock chips from RC hole 25IWBRC0042, fingers for scale, chips
between 10-20mm in length: A) from 164-165m @ 3.4g/t Au. B) from 151-152m @ 1.6g/t
Au. C) from 157-158m @ 1.4g/t Au D) from 167-168m @ 2.8g/t Au.
yandalresources.com.au | ASX:YRL
7
Looking Ahead
The Company maintains a robust cash position and a very active exploration schedule for
the remainder of 2025. Notable near-term activities and news flow include;
1.
Results from a further three RC holes completed across the Arrakis prospect are
anticipated in the coming weeks;
2.
A second heritage survey to clear 100m spaced lines across the Caladan target area,
including the Arrakis Prospect, is scheduled for early October;
3.
The mobilisation of a diamond rig to Arrakis during October to extend several RC holes,
including 25IWBRC0041 and complete several deeper holes below recent intercepts;
4.
First results from AC drilling across the New England Granite target area are anticipated
in the coming weeks;
5.
Completion of the Gordons Gold Project Tenement Sale Agreement for total
consideration of A$2.81m in cash and Horizon Minerals Limited shares is expected
shortly.
6.
23.9m unlisted YRL options with an exercise price of $0.11 will expire at 5:00pm (WST)
on Monday, 17 November 2025. The total value of these options if exercised is
A$2.6m.
Authorised by the board of Yandal Resources
For further information, please contact:
Chris Oorschot
Managing Director
Yandal Resources Limited
yandal@yandalresources.com.au
yandalresources.com.au | ASX:YRL
Greg Fitzgerald
Company Secretary
+61 8 9389 9021
yandal@yandalresources.com.au
8
About Yandal Resources Limited
Yandal Resources has a portfolio of advanced gold exploration projects in the highly prospective Yandal
and Norseman-Wiluna Greenstone Belts of Western Australia.
Jundee
Wiluna
Ironstone WellBarwidgee
Wiluna
Flushing
Meadows
Caladan | Arrakis Discovery
NEG |Siona Discovery
Mt Keith
Mt McClure
Bronzewing
Kathleen Valley
Bellevue
Darlot
Leinster
Thunder Box
0
20
40
60
80km
King of the Hills
Figure 4: Yandal Resource exploration Project locations within the Yandal
Greenstone Belt. The Arrakis Prospect is located within the Caladan target area.
yandalresources.com.au | ASX:YRL
9
Table 1 – Yandal Resources Ltd - Mineral Resource Summary
Indicated
Inferred
Deposit
Tonnes Grade
Au
Tonnes
Grade
Au
(‘000s)
(g/t)
(oz)
(‘000)
(g/t)
(oz)
Ironstone Well
Flushing Meadows1
2,141
1.3
91,000
5,245
1.1
177,000
Mt McClure
Challenger2
718
1.9
44,000
3
Success
1,255
1.9
75,000
Parmelia4
252
2.1
17,000
5
HMS Sulphur
1010
1.2
39,000
6
Gilmore
134
1.7
7,200
Sub-total - MMC
3,369
1.7
182,200
Gordons
Gordons Dam7
365
1.7
20,000
2,141
Grand-total8
8,979
1.3
379,200
1.3
91,000
Total
Tonnes
(000’s)
Grade
(g/t)
Au
(Oz)
7,386
1.1
268,000
718
1.9
44,000
1,255
1.9
75,000
252
2.1
17,000
1010
1.2
39,000
134
1.7
7,200
3,369
1.7
182,200
365
1.7
20,000
11,120
1.4
470,200
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 within this announcement 6. Reported above 1.0g/t
Au lower cut-off grade within this announcement 7. Reported above 1.0g/t Au lower cut-off grade; refer to Yandal Resources Ltd ASX
announcement dated 6 April 2023 for full details 8. All Resources are reported as global estimates, not constrained by optimised pit
shells.
Competent Person Statement
The information in this document related to Exploration Targets and Exploration Results, geology and data
compilation is based on information reviewed or compiled by Mr Christopher Oorschot, a Competent
Person who is a Member of The Australasian Institute Geoscientists. Mr Oorschot is the Managing Director
of the Company, is a full-time employee and holds shares and options in the Company. Mr Oorschot has
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 in the 2012 Edition
of the ‘Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves’. Mr
Oorschot consents to the inclusion in this announcement of the matters based on this information in the
form and context in which it appears.
The information in this announcement that relates to the Flushing Meadows, Mt McClure and Gordons 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 hold shares in
the company. BMGS consents to the inclusion, form and context of the relevant information herein as
derived from the original resource reports. Mr Bewsher has sufficient experience relevant to the style of
mineralisation and type of deposit under consideration and to the activity which is being undertaken to
qualify as a Competent Person as defined in the 2012 Edition of the JORC ‘Australasian Code for Reporting
of Exploration Results, Mineral Resources and Ore Reserves’.
YRL confirms that it is not aware of any new information or data that materially affects the information
included in the original market announcement. The Company confirms that the form and context in which
yandalresources.com.au | ASX:YRL
10
the Competent Person’s findings are presented have not been materially modified from the original market
announcement.
Forward Looking Statements
This document may contain certain forward-looking statements. Forward-looking statements include, but
are not limited to, statements concerning Yandal Resources Limited’s (Yandal’s) current expectations,
estimates and projections about the industry in which Yandal operates, and beliefs and assumptions
regarding Yandal’s future performance. When used in this document, words such as “anticipate”, “could”,
“plan”, “estimate”, “expects”, “seeks”, “intends”, “may”, “potential”, “should”, and similar expressions are
forward-looking statements. Although Yandal believes that its expectations reflected in these forwardlooking statements are reasonable, such statements are subject to known and unknown risks, uncertainties
and other factors, some of which are beyond the control of Yandal and no assurance can be given that
actual results will be consistent with these forward-looking statements. Drilling results presented indicate
geological potential for mineralisation but there can be no certainty that these results will eventually form
part of a Mineral Resource Estimate.
Table 2 – Arrakis RC program collar location summary. Please note, collars are yet to be formally
surveyed, the below coordinates are derived from a handheld GPS, accurate to within +/- 5m.
Prospect/
Target
Hole ID
Hole
type
East
Arrakis
25IWBRC0040
RC
Arrakis
25IWBRC0041
RC
Arrakis
25IWBRC0042
Arrakis
25IWBRC0043
Arrakis
Arrakis
Arrakis
North
(m)
RL
(m)
(mAHD)
287381
7027046
287513
7027189
RC
287037
7027245
RC
287190
7027344
25IWBRC0044
RC
286563
25IWBRC0045
RC
285838
25IWBRC0046
RC
288075
Azimuth
Dip
Total
Depth
(degrees)
(degrees)
523.3
49.6
-58.8
162
523.2
228.6
-57.6
186
522.9
50.3
-60.3
180
522.3
230.3
-59.5
180
7027921
523.0
230.9
-59.9
168
7028911
523.2
230.9
-60.8
288
7026618
525.1
230.9
-60.1
210
(m)
Table 3 – Arrakis Prospect - Summary of significant RC drilling assay results >0.3g/t Au with no more than
4m of continuous internal waste included unless otherwise stated. All intercept lengths are reported as
down-hole lengths.
Hole
ID
Sample
type /
Sub
From
(m)
To
(m)
Interva
l
(m)
Au
(g/t)
Comment
25IWBRC0042
1m Sample
39
45
6
0.3
Completely weathered
25IWBRC0042
1m Sample
98
104
6
0.8
Moderately weathered
25IWBRC0042
1m Sample
122
172
50
1.3
Fresh rock
25IWBRC0042
Including
143
174
31
1.9
25IWBRC0043
1m Sample
140
156
16
0.7
25IWBRC0043
Including
140
149
9
1.0
yandalresources.com.au | ASX:YRL
Fresh rock with minor oxidation on some
joint surfaces
11
Relevant Previous ASX Announcements
o
Arrakis Gold Discovery Confirmed With 54m @ 1.2g/t Au, 22 September 2025
o
Arrakis RC Drilling Complete & All AC Results Now Received, 17 September 2025
o
RC Drilling Commences Across Arrakis, 1 September 2025
o
Arrakis Extended to Over 2.2km in Strike, 18 August 2025
o
Caladan AC Results Further Extend Arrakis Mineralisation, 31 July 2025
o
Caladan AC Shows Early Signs of Scale, 10 July 2025
o
Caladan Air-Core Drilling Program Commences, 5 June 2025
o
RIU Sydney Presentation, 7 May 2025
o
Arrakis RC Drilling Results, 30 April 2025
o
Ironstone Well-Barwidgee Exploration Update, 25 February 2025
o
Caladan Air-Core Drilling Demonstrates Discovery Potential, 15 January 2025
o
Air-core Drilling Commences Across Caladan and Irulan, 10 October 2024
o
Oblique Diamond Drilling Results, 3 September 2024
o
IWB Soil Results and NEG Diamond Drilling Complete, 12 August 2024
o
Large-scale Gold Anomalies Across Emerging Targets, 15 July 2024
o
Gold Coast Investment Showcase Presentation, 20 June 2024
o
Exploration Update – IWB Ground Gravity Survey, 11 June 2024
yandalresources.com.au | ASX:YRL
12
Appendix 1 – Ironstone Well-Barwidgee Gold Project, Caladan RC Drilling
JORC Code (2012) Table 1, Sections 1 and 2
Mr Christopher Oorschot, Managing Director of Yandal Resources, compiled the information in Section 1 and Section 2 of the following JORC Table 1 and
is the Competent Person for those sections. The following Table and Sections are provided to ensure compliance with the JORC Code (2012 edition)
requirements for the reporting of Exploration Results.
Section 1 Sampling Techniques and Data
Criteria
JORC Code explanation
Commentary
Sampling
techniques
Nature and quality of sampling (e.g. cut channels, random
chips, or specific specialised industry standard
measurement tools appropriate to the minerals under
investigation, such as down hole gamma sondes, or
handheld XRF instruments, etc.). These examples should
not be taken as limiting the broad meaning of sampling.
•
Include reference to measures taken to ensure sample
representivity and the appropriate calibration of any
measurement tools or systems used.
•
•
•
Aspects of the determination of mineralisation that are
Material to the Public Report. In cases where ‘industry
standard’ work has been done this would be relatively
simple (e.g. ‘reverse circulation drilling was used to obtain
1 m samples from which 3 kg was pulverised to produce a
30 g charge for fire assay’). In other cases more
explanation may be required, such as where there is
coarse gold that has inherent sampling problems. Unusual
ASX Announcement 24 September 2025
•
•
Yandal Resources has completed RC drilling across several 400m and 800m spaced lines across
the Arrakis Prospect, targeting fresh rock mineralisation below recently reported air-core
intercepts. The drilling involved 139mm face sampling bit down to between 162m and 288m.
Holes were drilled at an angle of -60° to the southwest.
Yandal Resources (YRL) RC drilling samples were collected via a rig-mounted static cone
splitter, splitting approximately 12.5% of the total sample volume. Two splits are collected for
each metre: a primary and duplicate sample. The primary 1m samples are then sent to a lab
for further analysis. The duplicate samples are retained on-site unless they are submitted as
routine duplicates.
For YRL RC drilling, the cone splitter is regularly cleaned and inspected. The 1m bulk samples
are laid out in drill order. These bulk samples are regularly inspected for contamination, and
the volume of the bulk sample is monitored. These bulk samples are retained until all results are
received and may be used to collect additional field duplicates to verify lab results, logged
geology or any other form of analysis. If the bulk sample appears visually low in volume or
weight, this is recorded with the sample details. The same applies to damp or wet samples.
Two splits are collected for each drilled metre: a primary and a secondary sample. The
Secondary sample is retained on-site and may be used to collect additional field duplicates
to verify lab results, logged geology or any other form of analysis
RC drilling was used to obtain 1m samples from which a portion, between 1-5kg in weight, was
dispatched to Aurum Laboratories Pty Ltd:
At the lab, samples were crushed and pulverised to produce a 50g charge for fire assay with
an AAS (atomic absorption spectroscopy) finish for gold determination with a 0.01ppm
detection limit.
Page 13
Criteria
JORC Code explanation
Commentary
commodities or mineralisation types (e.g. submarine
nodules) may warrant disclosure of detailed information.
Drilling
techniques
Drill type (e.g. core, reverse circulation, open-hole
hammer, rotary air blast, auger, Bangka, sonic, etc) and
details (e.g. core diameter, triple or standard tube, depth
of diamond tails, face-sampling bit or other type, whether
core is oriented and if so, by what method, etc).
•
For YRL RC drilling, a 139mm diameter face sampling bit and hammer was used.
Drill sample
recovery
Method of recording and assessing core and chip sample
recoveries and results assessed.
•
For YRL holes, RC drilling recoveries are visually assessed by the supervising geologist, and any
low-volume or weight samples are recorded, along with any damp or wet samples. Drill depths
are routinely verified at the completion of each drill rod (every 6m). The cone splitter is checked
for each drill site to ensure it is completely upright and level. Sample collection from the splitter
by drilling off-siders is monitored for any inefficiencies.
Within the limited drilling completed, there appears to be no correlation between sample
recovery and sample grade.
Measures taken to maximise sample recovery and ensure
representative nature of the samples.
Whether a relationship exists between sample recovery
and grade and whether sample bias may have occurred
due to preferential loss/gain of fine/coarse material.
Logging
Whether core and chip samples have been geologically
and geotechnically logged to a level of detail to support
appropriate Mineral Resource estimation, mining studies
and metallurgical studies.
Whether logging is qualitative or quantitative in nature.
Core (or costean, channel, etc) photography.
•
•
•
•
The total length and percentage of the relevant
intersections logged.
Sub-sampling
techniques
and sample
preparation
If core, whether cut or sawn and whether quarter, half or
all core taken.
ASX Announcement 24 September 2025
•
•
For YRL drilling, all RC holes have been logged in full by a qualified and experienced geologist.
RC chips and fines from each 1m interval drilled are inspected and logged for colour,
weathering, lithology, deformation, veining and sulphide species. All 1m samples are sieved
and retained in labelled and annotated chip trays. Chip trays are transported to Perth for longterm storage and are available for review. The quality of logging information is considered
sufficient to support Mineral Resource Estimation studies.
Data captured through geological logging by a geologist is qualitative in nature.
In addition to geological logging, the magnetic susceptibility of each interval is measured using
a KT-10 magnetic susceptibility metre, with a sensitivity of 1x10-6 SI Units. Magnetic susceptibility
readings are quantitative in nature.
YRL RC drilling utilised a rig-mounted cone splitter installed directly below and in line with the
rig-mounted cyclone. Two 1-3kg sub-samples are collected into calico bags labelled with a
unique alpha-numeric ID. A majority of the samples collected were dry; if samples were damp
or wet, this was noted in the sample records.
For all YRL RC drilling, samples are dried at 100°C to constant mass, crushed to <10mm and
Page 14
Criteria
JORC Code explanation
If non-core, whether riffled, tube sampled, rotary split, etc
and whether sampled wet or dry.
For all sample types, the nature, quality and
appropriateness of the sample preparation technique.
Quality control procedures adopted for all sub-sampling
stages to maximise representivity of samples.
Commentary
•
•
•
•
pulverised to nominally 85%, passing 75µm.
Field duplicates were collected at an initial rate of 1 duplicate for every 50 samples collected.
Standards and blanks (certified reference material or CRM) were routinely inserted into the
sample sequence at a rate of 1 CRM for every 20 samples collected.
For labs used by YRL, internal lab quality control measures include lab duplicates and the
insertion of lab standards and blanks.
Sample sizes are appropriate given the fine-to-medium-grained nature of the sampled
material.
Measures taken to ensure that the sampling is
representative of the in situ material collected, including
for instance results for field duplicate/second-half
sampling.
Whether sample sizes are appropriate to the grain size of
the material being sampled.
Quality of
assay data
and
laboratory
tests
Verification
of sampling
and assaying
The nature, quality and appropriateness of the assaying
and laboratory procedures used and whether the
technique is considered partial or total.
•
For geophysical tools, spectrometers, handheld XRF
instruments, etc, the parameters used in determining the
analysis including instrument make and model, reading
times, calibrations factors applied and their derivation,
etc.
•
Nature of quality control procedures adopted (e.g.
standards, blanks, duplicates, external laboratory checks)
and whether acceptable levels of accuracy (i.e. lack of
bias) and precision have been established.
•
The verification of significant intersections by either
independent or alternative company personnel.
•
The use of twinned holes.
ASX Announcement 24 September 2025
•
•
For YRL RC drilling, samples were assayed at the following labs using the following methods:
o Aurum Laboratories in Beckenham, Western Australia, assayed using a 50g fire
assay with AAS (atomic absorption spectroscopy) finish for gold analysis with a
0.01ppm detection limit.
Magnetic susceptibility measurements were taken every meter using a KT-10 V2 instrument with
a sensitivity of 1x10-6 SI Units.
YRL QAQC field protocols include the insertion of commercially prepared certified reference
material (CRM) and blank material at a rate of approximately 1 CRM/blank for every 20
samples collected. CRMs used are unidentifiable by the lab when received. QAQC
performance is monitored upon receipt of each batch of results and re-assessed once all
samples for a program are received.
Laboratory QA/QC protocols involve inserting internal lab standards using CRMs, blanks,
repeat analysis of pulps and screen tests (the percentage of pulverised material passing 75µm
mesh). Laboratory QAQC results are reported with each batch. Laboratory QAQC
performance is monitored upon receipt of each batch of results and assessed again once all
samples for a program are received.
Significant intercepts from YRL RC drilling are verified by YRL geologists through the visual
inspection of chips, reviewing the spatial location of mineralisation relative to previous
intercepts, and in the case of high-grade gold intercepts, the panning of drill fines to visually
confirm gold in samples.
No twinned holes have been completed across the Caladan or Irulan target area.
Page 15
Criteria
JORC Code explanation
Commentary
Documentation of primary data, data entry procedures,
data verification, data storage (physical and electronic)
protocols.
•
•
For YRL RC drilling, primary sampling and logging data are captured directly into the MX
deposit application and uploaded directly to the cloud-hosted MX Deposit database.
The first assay result for
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