First Diamond Core Results from Flushing Meadows
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First Diamond Core Results from Flushing Meadows
Yandal Resources Ltd has received positive assay results from the first diamond hole at the Flushing Meadows – IWB Gold Project. Significant intercepts include grades up to 2.5g/t Au, indicating fresh rock gold mineralisation hosted within iron-rich sediments. These results will inform a revised geological model for the deposit and guide exploration target delineation for follow-up drilling. Multiple iron-rich sedimentary units have been identified, offering potential for expansion of the current Mineral Resource Estimate.
Diamond drilling at Flushing Meadows is now complete, with further results expected from remaining holes in July. Additionally, air-core drilling has commenced over the broader area, with results anticipated in July. Yandal's Managing Director, Mr. Chris Oorschot, emphasized the significance of these results in defining the mineral system and identifying exploration targets for further drilling. Investors are encouraged to visit the Investor Hub for more information and to inquire further about the announcement.
Looking ahead, Yandal maintains strong cash reserves for continued exploration activities in the Flushing Meadows and other target areas. The company aims to further define the scale and value of its projects through a comprehensive exploration schedule. Key activities include RC, DD, and AC drilling programs across various prospects, with results and updates expected throughout the year. For more detailed information and updates, please refer to the full ASX announcement on the company's website.
AI-Generated Summary: This content may contain inaccuracies. Neither the Company nor InvestorHub assumes responsibility for its accuracy. Please refer to the full announcement before making any investment decision.
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