Gordons Tenement Sale Complete
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Gordons Tenement Sale Complete
Yandal Resources Limited (ASX:YRL) recently completed the sale of the Gordons Gold Project to Horizon Minerals Limited, bolstering its cash balance with $2.81m in cash and shares. Further funding was raised through the exercise of options, providing a current cash balance of approximately $18.0m. This financial strength positions the company to accelerate its exploration program in 2026, including pursuing recent discoveries within its project portfolio. The sale of the Gordons Gold Project has increased the combined Mineral Resources to 450,200 ounces of gold across the projects. Management is optimistic about the funding position and the opportunities it presents for Yandal Resources. Investors are encouraged to visit our Investor Hub for further information or to inquire about the latest announcement.
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