Arrakis Diamond Drilling Confirms High-Grade Gold at Depth
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
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Board and Management
Chris Oorschot Managing Director/CEO
Greg Evans Non-Exec Chair
Katina Law Non-Exec Director
Chris Newman Non-Exec Director
Greg Fitzgerald Company Secretary
Arrakis Diamond Drilling Results Demonstrate
High-Grade Gold Mineralisation Continuity at Depth
Arrakis Drilling Highlights
• Yandal has received all assay results from priority intervals derived from
diamond drilling completed across the Arrakis gold discovery.
• Significant Intercepts from diamond drilling include:
o 11.5m @ 1.6g/t Au from 347.6m in 26IWBRC0066D (ETW*1 10m), including
5.0m @ 3.1g/t Au from 348m,
o 18.0m @ 1.8g/t Au from 290.0m in 25IWBRC0050D (ETW*1 8m), including
4.1m @ 5.7g/t Au from 301.7m,
o 21.7m @ 0.8g/t Au from 366m in 26IWBRC0066D (ETW*1 16m), including
4m @ 2.1g/t Au from 370m, and
o 10.2m @ 1.3g/t Au from 240.8m in 26IWBRC0068D (ETW*1 8m), including
3.8m @ 2.9g/t Au from 242.3m
• Assay results from diamond drilling validate the presence of a steep
plunging high-grade domain of mineralisation to the south between
6050mN and 6200mN, approximately 100-150m in strike.
• Results also demonstrate the re-occurrence of significant gold
mineralisation at depth on the 6,550mN section, below an interpreted cross-
cutting shear zone.
• Further results from extensional RC drilling to the south-east and targeted
close-spaced drilling are anticipated soon.
• An exploration target for the Arrakis Gold Discovery will be prepared and
published in late July.
ASX Announcement
6 July 2026
*1 ETW - Estimated True Width
For further information or to ask questions in response to this announcement, please
visit our Investor Hub at https://yandalresources.com.au/link/P4zOle
yandalresources.com.au | ASX:YRL 2
Commenting on the results from the diamond drilling, Yandal Resources’ Managing
Director, Mr. Chris Oorschot, said: “Our diamond drilling program has very successfully
demonstrated that the Arrakis mineralised system remains open at depth, with several
intercepts demonstrating a now familiar style of high-grade mineralisation more than 250m
from surface. Of particular significance is the intercept from 26IWBRC0066D where both
high-grade and broader low-grade mineralisation was intercepted below an interpreted
shallow-dipping shear zone associated with lower-grade mineralisation.
These lab results combined with geological observations are also enabling the Exploration
Team to identify broad geological and structural features that control the geometry of
mineralisation. Understanding these controls is critical for building a predictive model that
can be used to target higher-grade gold mineralisation across the Arrakis discovery and
the broader IWB Gold Project.”
Yandal Resources Ltd (ASX: YRL, “Yandal Resources” or the “Company”) is pleased to
provide an exploration update for the Arrakis Prospect within the Ironstone Well-Barwidgee
(IWB) Gold Project (see Figures 5 and 6). Four diamond holes (with RC pre-collars) were
completed across the Arrakis Prospect in May. Results from priority intervals in all four holes
have been received (noting that the results from intervals sampled outside of the targeted
Arrakis structure have not yet been received). Results demonstrate (see Tables 2 and 3) strong
mineralisation continuity at depth, confirming depth continuation of the southern high-grade
zone with an approximate strike length of 100-150m, and showing strong mineralisation below
a cross-cutting shear zone first observed in diamond hole 25IWBDD0012 (see ASX release 15
January 2026). Combined results show that mineralisation remains open at depth, with a
clear opportunity to target high-grade mineralisation at greater depths. This will be supported
by an ongoing targeted infill RC program that aims to further refine the geometry and extent
of higher-grade trends at the late 2025 discovery.
Targeted RC drilling across the currently defined 1.3km striking primary Arrakis mineralisation,
combined with diamond drilling results and extensional RC drilling to the south-east (results
anticipated soon), will inform an Exploration Target for the discovery that will be published in
late July.
Arrakis Diamond Drilling Results
A total of four diamond holes (with RC pre-collars) were completed across the Arrakis Prospect
in May (see Tables 2 and 3). Assay results received to date are from priority intervals identified in
the diamond core that were interpreted as the targeted Arrakis structure. Results from sampled
intervals outside of the priority zone have not yet been received. Diamond holes 26IWBRC0066D
(6,350mN), 26IWBRC0068D (6,550mN see Figure 3) and 26IWBRC0070D (6,750mN) were designed
to assess the continuity and geometry of higher-grade mineralisation at depth. Diamond hole
25IWBRC0050D was a short tail completed on an RC hole from late 2025 that failed to reach the
designed target depth. Significant intercepts from each diamond hole are detailed below:
yandalresources.com.au | ASX:YRL 3
• 11.5m @ 1.6g/t Au from 347.6m in 26IWBRC0066D (ETW*1 10m), including
5.0m @ 3.1g/t Au from 348m,
• 18.0m @ 1.8g/t Au from 290.0m in 25IWBRC0050D (ETW*1 8m), including
4.1m @ 5.7g/t Au from 301.7m,
• 21.7m @ 0.8g/t Au from 366m in 26IWBRC0066D (ETW*1 16m), including
4m @ 2.1g/t Au from 370m,
• 5m @ 0.6g/t Au from 313m in 25IWBRC0050D
• 10.2m @ 1.3g/t Au from 240.8m in 26IWBRC0068D (ETW*1 8m), including
3.8m @ 2.9g/t Au from 242.3m, and
• 1.2m @ 0.6g/t Au from 323.1m in 26IWBRC0070D
*1 ETW - Estimated True Width
The results from the 26IWBRC0066D have successfully confirmed significant mineralisation
continues below an interpreted shear zone linked to reduced mineralisation as first identified in
drillhole 25IWBDD0012 (see Figures 1, 4 and 5). This observation has broader implications for the
discovery, as the shallow-dipping shear zone likely interacts with the broader mineralised system
(see the longitudinal section in Figure 4).
The results from 25IWBRC0050D continue to support the presence of a higher-grade mineralised
domain with a possible sub-vertical plunge and an approximate strike length of 100m to 150m
adjacent to the interpreted Scytale shear zone to the south (see longitudinal section in Figure 2,
4 and 5). This higher-grade domain remains open at depth and provides a clear target for deeper
exploration.
Interpretations suggest the limited gold mineralisation intercepted in 26IWBRC0070D is linked to
this same shear zone evident in Figure 1, and that significant mineralisation is likely to continue at
depth below this structure (see Figures 4 and 5).
Ground Gravity Survey
Recently acquired ground gravity data collected across the IWB Gold Project, infilling and
expanding the datasets acquired in 2024 and 2025, have been processed. The updated dataset
and imagery will be used to:
• Refine the stratigraphic and structural interpretations around Arrakis and Flushing
Meadows; and
• Generate new early-stage exploration targets within the IWB Gold Project.
yandalresources.com.au | ASX:YRL 4
Figure 1: 6,550mN cross-section showing the completed section and all drilling results from
26IWBRC0066D, the deepest intercept to date across the late 2025 gold discovery. The section
location is shown in Figures 4 and 5. The section shows all drilling within +/- 50m of the section
plane.
Cross-Section
6,550mN
nort hwest facing
Transported Cover
Surface
Dolerite
Pillow
Basalt
50m @ 1.3 g/t Au
Incl. 28m @ 1.9 g/t Au
6m @ 0.8 g/t Au 16m @ 0.7g/t Au
12m @ 0.5 g/t Au
12m @ 1.1 g/t Au
7m @ 0.3g/t Au
5.6m @ 0.5g/t Au
9.0m @ 0.5g/t Au
6m @ 0.3 g/t Au
11.5m @ 1.6g/t Au
Incl. 5.0m @ 3.1g/t Au
21.7m @ 0.8g/t Au
Incl. 4m @ 2.1g/t Au
yandalresources.com.au | ASX:YRL 5
Figure 2: 6,100mN cross-section showing the completed section and all drilling results from
25IWBRC0050D. The section location is shown in Figures 4 and 5. The section shows all drilling
within +/- 25m of the section plane.
yandalresources.com.au | ASX:YRL 6
Figure 3: 6,350mN cross-section showing the completed section and all drilling results from
25IWBRC0068D. The section location is shown in Figures 4 and 5. The section shows all drilling
within +/- 25m of the section plane.
yandalresources.com.au | ASX:YRL 7
Figure 4: A collar plan over the Arrakis Prospect overlying an updated ground gravity image
(BA267 0.5VD linear colour scale, with northeast shade). All Yandal drilling is plotted (historic drilling
has been excluded). Collars are thematically coloured by max Au (g/t) in the hole. Dashed yellow
polygons represent air-core regolith anomalies.
Caladan
Fold
Arrakis Air
-core
Trend
1000m
1.3km Surface
Projection of
Arrakis Structure
Parallel Air-core
Trend
25IWBAC096
9m @ 1.2 g/t Au
26IWBRC0068D
10.2m @ 1.3g/t Au
Incl. 3.8m @ 2.9g/t Au
25IWBRC0050D
18.0m @ 1.8g/t Au
Incl. 4.1m @ 5.7g/t Au
26IWBRC0066D
11.5m @ 1.6g/t Au
Incl. 5.0m @ 3.1g/t Au &
21.7m @ 0.8g/t Au
Incl. 4m @ 2.1g/t Au
26IWBRC0070D
1.2m @ 0.6g/t Au
yandalresources.com.au | ASX:YRL 8
Figure 5: A longitudinal section displaying intercept midpoints within the main Arrakis mineralised structure (intercepts from subordinate structures are
excluded). Grade accumulation (length multiplied by Au grade) is based on down-hole length, with no true width correction applied. This longitudinal
section has been prepared to show the distribution of recent intercepts across the interpreted Arrakis trend.
Scale
250m
NORTHWEST
Surface
Arrakis
Longitudinal Section
southwest facing
SOUTHEAST
Primary Arrakis Structure >1.3km
26IWBRC0066D
11.5m @ 1.6g/t Au
Incl. 5.0m @ 3.1g/t Au
& 21.7m @ 0.8g/t Au
Incl. 4m @ 2.1g/t Au
Interpreted
Scytale Shear
Zone Offsetting
Stratigraphy
26IWBRC0068D
10.2m @ 1.3g/t Au
Incl. 3.8m @ 2.9g/t Au
Long-section Only Plots Confirmed Intercepts Within
the Primary Arrakis Structure Only
RC Drilling of Southeast
Offset Extension –
Results Pending
26IWBRC0070D
1.2m @ 0.6g/t Au
Remnantsof Arrakis
within shear
25IWBRC0050D
18.0m @ 1.8g/t Au
Incl. 4.1m @ 5.7g/t Au
yandalresources.com.au | ASX:YRL 9
Next Steps and Looking Ahead
The active exploration programs across the IWB Gold Project are advancing well, and the
Company maintains a strong cash position while continuing its busy exploration schedule into 2H
CY 2026. The exploration schedule for the remainder of 2026 will be updated following a strategic
review in late July.
The notable near-term activities and news flow from exploration drilling programs include;
Arrakis Discovery
• RC drilling assay results targeting the southeast extension of the Arrakis structure;
• Additional assay results from targeted RC drilling to define the scale and
geometry of higher-grade mineralisation across the recent gold discovery;
• RC testing of parallel air-core anomalies will commence in July.
• Development of an exploration target for the Arrakis discovery is underway and
will be finalised in late July.
Flushing Meadows (MRE 268koz @ 1.1g/t Au, see Table 2)
• Core samples from diamond holes 26IWBRC0098DA and 26IWBRC0099D are with
the lab and prioritised, with results expected in late July.
• Air-core drilling has commenced over the broader Flushing Meadows and
parallel Giedi Prime target area, with first results expected late July.
• A small program of follow-up RC drilling will commence at Flushing Meadows in
the coming week, looking to test below recently reported intercepts from RC
pre-collars in 26IWBRC0098DA and 26IWBRC0099D.
New England Granite Target Area
• Drilling of the high-grade target (6m @ 6.3g/t Au from 36m, including 2m @
18.2g/t from 36m) identified at the Salusa Prospect will recommence in July;
• Assay results from the Siona oxide RC drilling program are anticipated soon.
• Further air-core drilling across the western side of the New England Granite
target area will commence once final heritage clearance is received.
Authorised by the board of Yandal Resources
Chris Oorschot
Managing Director
Yandal Resources Limited
yandal@yandalresources.com.au
Lucas Robinson
Corporate Storytime
+61 408 228 889
lucas@corporatestorytime.com
yandalresources.com.au | ASX:YRL 10
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.
Ironstone Well-Barwidgee Gold Project
The 100% owned Ironstone Well-Barwidgee (IWB) Gold Project covers approximately 370km² of highly
prospective and under-explored tenure located between the Jundee and Bronzewing mines in the
northern Yandal Greenstone Belt. Yandal has an established Resource of 268,000oz of gold at Flushing
Meadows (within IBW) and considers there to be strong potential to make new discoveries and expand
this resource base within its extensive tenure holding. (Refer to the ASX announcement of 4 November
2020 for details of the Flushing Meadows Resource).
The IWB project area also includes two new gold discoveries, the Arrakis and Siona Prospects, both made
within the last twelve months. These outcomes were driven by the execution of a targeted exploration
program that followed a systematic, geologically driven strategy that was developed in early 2023. The
Arrakis prospect is hosted within the Caladan fold, and the Siona prospect is hosted within the New
England Granite.
Both discoveries are currently at an early stage but progressing well, with future activities focused on
delineating the scale of each of the newly defined mineralised systems.
The IWB Gold Project also includes several advanced prospects, where limited historic and YRL drilling has
returned robust gold intercepts, indicating the potential for shallow oxide mineralisation. Both the early-
stage and more advanced prospects are the focus of ongoing exploration.
Mt McClure
The Mt McClure Gold Project, acquired in August 2022, is located ~15km southwest of the historic
Bronzewing Mine and includes three mining leases with JORC 2012 Resources totalling 182,200oz Au.
The project has prospectivity for new shallow gold deposits adjacent to current Resources and in the
footwall and hanging wall of the stratigraphy. Ground gravity survey data from the prior Quarter support
ongoing structural/stratigraphic interpretations for 2026 targeting.
yandalresources.com.au | ASX:YRL 11
Figure 7: Yandal Resource exploration Project locations within the Yandal
Greenstone Belt. The Arrakis Prospect is located within the Caladan target area.
King of the Hills
Thunder Box
Darlot
Bellevue
Kathleen Valley
Mt Keith
Wiluna
Jundee
Bronzewing
Wiluna
Leinster
New England Granite
Siona Discovery
Flushing Meadows
Deposit 268koz
Caladan Target area
Arrakis Discovery
0 100km
Ironstone Well -
Barwidgee Gold Project
Mt McClure Gold
Project 182koz
Dingo Range Project
yandalresources.com.au | ASX:YRL 12
Figure 8: Yandal Resource exploration target areas and prospect locations within the northern
Yandal Greenstone Belt. The Arrakis Prospect is located within the Caladan target area.
5km
Salusa
Caladan
Target Area
Siona
Flushing Meadows
(268Koz)
New England
Granite
Nayla Target
Area
Geidi Prime
Target Area
5km
Radius
Arrakis
Discovery
Irulan Dolerite
Complex
yandalresources.com.au | ASX:YRL 13
Table 1 – Yandal Resources Ltd - Mineral Resource Summary
Deposit
Indicated Inferred Total
Tonnes
(‘000s)
Grade
(g/t)
Au
(oz)
Tonnes
(‘000)
Grade
(g/t)
Au
(oz)
Tonnes
(000’s)
Grade
(g/t)
Au
(Oz)
Ironstone Well
Flushing Meadows1 2,141 1.3 91,000 5,245 1.1 177,000 7,386 1.1 268,000
Mt McClure
Challenger2 718 1.9 44,000 718 1.9 44,000
Success3 1,255 1.9 75,000 1,255 1.9 75,000
Parmelia4 252 2.1 17,000 252 2.1 17,000
HMS Sulphur5 1010 1.2 39,000 1010 1.2 39,000
Gilmore6 134 1.7 7,200 134 1.7 7,200
Sub-total - MMC 3,369 1.7 182,200 3,369 1.7 182,200
Grand-total7 2,141 1.3 91,000 8,614 1.3 359,200 10,755 1.3 450,200
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. 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 of 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 and Mt McClure 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
the Competent Person’s findings are presented have not been materially modified from the original market
announcement.
yandalresources.com.au | ASX:YRL 14
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 forward-
looking 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 diamond drilling program collar location summary. Please note that collars have
not yet been formally surveyed; the coordinates below are derived from a handheld GPS and are
accurate to within +/- 5m.
Hole ID
Hole
type
East
(m)
North
(m)
RL
(mAHD)
Azimuth
(degrees)
Dip
(degrees)
Pre-collar
Depth
(m)
Total
Depth
(m)
25IWBRC0050D RCD 287365 7027022 523.4 61.3 -57.1 262 381.3
26IWBRC0066D RCD 287256 7027489 522.8 226.9 -60.5 179 440.5
26IWBRC0068D RCD 287362 7027310 522.6 224.7 -60.6 103 364.2
26IWBRC0070D RCD 287082 7027596 524.1 225.7 -59.9 150 453.0
Table 3 – Arrakis Prospect - Summary of significant diamond and RC 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
Interval
From
(m)
To
(m)
Interval
(m)
Au
(g/t)
Comment
25IWBRC0050D Half HQ Core 264.8 268 3.20 0.4 Fresh rock
25IWBRC0050D Half HQ Core 290.0 308.0 18.0 1.8 Fresh rock
25IWBRC0050D Including 301.6 305.7 4.1 5.7 Fresh rock
25IWBRC0050D Half HQ Core 313.0 318.0 5.0 0.6 Fresh rock
26IWBRC0068D Half HQ Core 240.8 251.0 10.2 1.3 Fresh rock
26IWBRC0068D Including 242.3 246.0 3.8 2.9 Fresh rock
26IWBRC0066D Half HQ Core 326.0 237.5 1.5 0.4 Fresh rock
26IWBRC0066D Half HQ Core 347.6 359.0 11.5 1.6 Fresh rock
26IWBRC0066D Including 348.0 353.0 5.0 3.1 Fresh rock
26IWBRC0066D Half HQ Core 367.0 387.7 20.7 0.8 Fresh rock
26IWBRC0066D Including 370.0 374.0 4.0 2.1 Fresh rock
26IWBRC0070D Half HQ Core 323.1 324.3 1.2 0.6 Fresh rock
yandalresources.com.au | ASX:YRL 15
Relevant Previous ASX Announcements
• Gold Discoveries Expanding Across the IWB Project, 9 June 2026
• First Arrakis RC Results Extend High-grade Mineralisation, 28 April 2026
• 2026 Exploration Commences Across the IWB Gold Project, 23 March 2026
• First Arrakis RC Results Extend High-grade Mineralisation, 28 April 2026
• Exploration Update April 2026, 20 April 2026
• 2026 Exploration Commences Across the IWB Gold Project, 23 March 2026
• Arrakis RC Program Maps 1.2km Long Mineralised Structure, 12 February 2026
• Arrakis RC Results Show High-Grade Mineralisation Potential, 15 January 2026
• Arrakis Diamond Drilling Delivers Strong Results, 8 December 2025
• First Arrakis Diamond Results & RC Drilling Underway, 24 November 2025
• Final Arrakis RC Results with Diamond Drilling to Commence, 13 October 2025
• Arrakis Gold Discovery Extended by 400m, 24 September 2025
• Arrakis Gold Discovery Confirmed With 54m @ 1.2g/t Au, 22 September 2025
• Arrakis RC Drilling Complete & All AC Results Now Received, 17 September 2025
• RC Drilling Commences Across Arrakis, 1 September 2025
• Arrakis Extended to Over 2.2km in Strike, 18 August 2025
• Caladan AC Results Further Extend Arrakis Mineralisation, 31 July 2025
• Caladan AC Shows Early Signs of Scale, 10 July 2025
• Caladan Air-Core Drilling Program Commences, 5 June 2025`
• RIU Sydney Presentation, 7 May 2025
• Arrakis RC Drilling Results, 30 April 2025
• Ironstone Well-Barwidgee Exploration Update, 25 February 2025
• Caladan Air-Core Drilling Demonstrates Discovery Potential, 15 January 2025
• Air-core Drilling Commences Across Caladan and Irulan, 10 October 2024
• Oblique Diamond Drilling Results, 3 September 2024
• IWB Soil Results and NEG Diamond Drilling Complete, 12 August 2024
• Large-scale Gold Anomalies Across Emerging Targets, 15 July 2024
• Gold Coast Investment Showcase Presentation, 20 June 2024
• Exploration Update – IWB Ground Gravity Survey, 11 June 2024
ASX Announcement 6 July 2026 Page 16
Appendix 1 – Ironstone Well-Barwidgee Gold Project, Arrakis Diamond 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.
• Yandal Resources has completed diamond drilling across the Arrakis deposit. The drilling
involved a mix of RC pre-collars down to fresh rock, followed by HQ (diameter of ~63.5mm)
diamond core drilling to an average down-hole depth of 410m (between 381m and 453m).
Holes were drilled at an angle of -60 ° to the southwest. The core was halved with a core saw,
with the right-hand side (looking downhole) sampled. Before sampling, a company geologist
logs the core for lithology type, veining, alteration, and deformation. Sample lengths vary
according to logged geological intervals of interest, with a minimum of 0.2 metres and a
maximum of 1.0 metres. Sample quality is considered high.
• Ground Gravity Data
• The 2026 Gravity Survey consisted of both an expansion of the current 200m by 200m grid
and infill to a 100m by 100m grid over specific target areas including Arrakis and Flushing
Meadows. The surveys used South-North trending lines coincident with GDA94 with a line
spacing of 200 or 100 metres and station intervals of 200 or 100metres.
• The survey was conducted by Haines Surveys Pty. Ltd.
• Southern Geoscience Consultants processed gravity data using the AAGD07 gravity
datum and GRS80 ellipsoid heights. Bouguer anomaly data was calculated using a
correction density of 2.67g/cm3. A series of geo-tiffs were generated, and various filters
and visualisations were applied for use in preliminary interpretation.
Include reference to measures taken to ensure sample
representivity and the appropriate calibration of any
measurement tools or systems used.
• For YRL diamond drilling, sample recovery of each metre drilled was measured and recorded,
and high-resolution photos of each tray before cutting were obtained. The unsampled half of
the drill core is also retained. Intervals where the core is unoriented have been recorded.
• For YRL diamond drilling, when the core is cut for sampling, the same side of the core, relative
to the bottom-of-hole orientation mark, is collected for analysis. For intervals without an
orientation mark, the core is pieced together, and foliation or common structures are used to
approximately orient the core for sampling purposes.
• Structural observations have also been recorded where the diamond core is oriented, and the
core was routinely checked for any structures sub-parallel to the core axis.
• Ground Gravity Data
• Station repeats occurred at a percentage of ~6.5%.
ASX Announcement 6 July 2026 Page 17
Criteria JORC Code explanation Commentary
• Gravity control for base station 2024.0401 (Kooyong GS) was established on the Australian
Absolute Gravity Datum 2007 (AAGD07) using a series of A-B ties from gravity station
2015909122 (Wiluna Airport Terminal). The values for 2015909122 (Wiluna Airport Terminal)
were attained from Geoscience Australia in Canberra.
• Gravity measurements have been made using Scintrex CG5 Autograv instruments.
Readings of 120 seconds were taken at the base station, and readings of 40 seconds
were taken at all other gravity survey points.
• Base station readings were taken at the beginning and end of each day's fieldwork.
• All Autograv instruments apply an instrument drift correction to their final gravity reading.
The gravity post-processing software corrects any residual drifts between base station
readings. The instruments also apply Earth Tide Corrections to their final gravity reading at
each station. The various instrument calibration constants are contained in the daily
gravity data files.
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
commodities or mineralisation types (e.g. submarine
nodules) may warrant disclosure of detailed information.
• For all YRL diamond drilling results, HQ core was cut in half and used to obtain 0.2m to 1.0m
half-core samples. These samples were submitted to Intertek Genalysis, Perth, Western
Australia, where they were dried, weighed, and crushed. The Sample pulp was then split to
produce a 50g charge for lead collection fire assay, with an Inductively Coupled Plasma
Optical (Atomic) Emission Spectrometry (ICPOES) finish for gold determination, achieving a
0.005 ppm detection limit.
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).
• YRL diamond core was drilled using HQ (63.5mm core diameter) coring bits. For all diamond
holes, diamond core drilling commenced via RC pre-collars, which were completed to fresh
rock. Subject to ground conditions, the core was oriented using a downhole orientation tool
(Reflex ACT Mk3 NQ/HQ Core Ori kit).
Drill sample
recovery
Method of recording and assessing core and chip sample
recoveries and results assessed.
• For YRL diamond drilling core recovery is measured and recorded. The length of core
recovered for each metre drilled is measured to the nearest 5cm and entered into an Excel
spreadsheet along with information relating to fracture frequency (driller breaks are marked
with a red “X”). In addition, dry and wet core photos are collected before the
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