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Highlights
- Yandal identifies new high-grade gold zone at Salusa
- Heritage surveys underway at key exploration sites
- Strategic review of non-core assets in progress
Yandal Resources (ASX:YRL) has uncovered a promising new gold zone at its Salusa prospect in Western Australia, reinforcing its position within the highly prospective Yandal Greenstone Belt. The discovery, combined with advancing heritage surveys at other key targets, sets the stage for an active mid-year exploration season.
Recent reverse circulation (RC) drilling at the southeastern margin of the New England Granite (NEG) has delivered encouraging results, confirming high-grade gold mineralisation at the newly defined Salusa prospect. From 27 RC holes drilled during the March quarter, assay results from 23 holes have been received, covering 6,100 metres of drilling across both the NEG and surrounding structural targets.
Standout intercepts at Salusa include:
- 2 metres at 9.4 grams per tonne (g/t) gold from 33 metres depth
- 14 metres at 0.8 g/t gold from 82 metres depth
The mineralisation is associated with a northwest-trending intrusive contact, now confirmed over more than 500 metres of strike. Notably, anomalous gold zones were also intersected deeper in the granitic host, suggesting parallels with early-stage drilling near the adjacent Siona discovery.
Salusa is located within the 4.2 by 2 kilometre NEG target zone in exploration licence E 53/1843, part of the larger Ironstone Well–Barwidgee Gold Project. This project lies roughly 45 kilometres north of Northern Star Resources (ASX:NST)’s Bronzewing operation and 75 kilometres south of Jundee, placing it within one of Australia's most richly endowed gold belts.
Yandal is also progressing heritage clearance surveys at the Caladan target, a large-scale, underexplored area believed to host significant mineral potential. These surveys, which extend into the Siona and western NEG zones, are crucial to unlocking access for a broad air-core drilling campaign scheduled for mid-2025.
Caladan’s exploration will focus on a complex fold structure, with drilling programs guided by recent geophysical and structural data. Infill gravity surveys conducted during the March quarter have already helped refine target priorities across the broader NEG area.
In parallel, Yandal has completed a strategic review of its Gordons Gold and Mt McClure Gold projects. These non-core assets are now under consideration for joint ventures, farm-ins or divestment, following interest from external parties.
With high-grade discoveries, fresh drill targets, and strategic realignments underway, Yandal (YRL) appears well-positioned to expand its footprint in one of Western Australia's premier gold exploration regions.
