Highlights:
- Strong Gold Intercepts: New drilling results at Siona reveal multiple significant gold hits, including 17m at 4.9g/t gold and 23m at 1.3g/t gold. Visible gold chips were also observed in RC samples.
- Mineralisation Continuity: The recent drilling has confirmed gold mineralisation along 300m of strike at Siona, strengthening the project’s potential.
- Rain Delays Drilling: Heavy rains have paused RC drilling at the site, providing the team time to consolidate data and plan for the next campaign in early 2025.
Yandal Resources (ASX:YRL) has seen a boost in confidence following promising new gold results from its Siona target, part of the larger Ironstone Well-Barwidgee Project in Western Australia. The company’s exploration team completed a follow-up program, yielding encouraging results, including several high-grade intercepts and visible gold in samples.
Notable results from the recent drilling include:
- 17m @ 4.9g/t gold from 85m, with a standout 1m interval grading 62g/t gold.
- A further 23m @ 1.3g/t gold from 102m depth, with 15m @ 1.6g/t gold included within it.
- A broader 43m intercept at 0.4g/t gold from 93m depth, contributing to a diverse set of results.
These results support the idea of mineralisation continuity along strike, with the gold zone now confirmed along a 300m strike length. Management notes that the drill program has progressed over a 500m target area, further de-risking the project.
The project has been temporarily halted due to heavy rainfall, but this provides an opportunity for the geotech team to evaluate the results and prepare for the next phase of drilling set for early 2025. The upcoming campaign will focus on structural targets and anomalies near Siona, with particular interest in an underlying granite formation believed to lie at the eastmost end of the site.
As drilling resumes, Yandal continues to build a promising foundation at Siona, with the potential for further high-grade discoveries to shape the project's future.