Celebrating 10 Years of Trusted News Discovery
One News Page
> >

Yandal Resources has strong upcoming results-based news flow from gold projects

Proactive Investors Friday, 12 April 2019
Yandal Resources Ltd (ASX:YRL) has held up well in a weak market since listing in December 2018 and is confident of building on early successes with strong value-adding news flow in the remainder of 2019. Managing director Lorry Hughes told investors at this week’s Proactive CEO Sessions in Sydney and Melbourne that the company’s share price had been consistently above the listing price. Lorry Hughes addresses investors at the Sydney CEO Session. The company has a market cap of around $11.7 million, had $4 million in cash at the end of March and its strategic shareholders and Top 20 hold 75%. Hughes said: “We are set for rapid growth and will have strong results-based news flow.” Yandal is focused on projects in prolific greenstone belts in the golden elephant country that is WA’s Goldfields. Northern Star Resources (ASX:NST) is a successful player in this region and has shown its confidence in Yandal’s strategy by establishing a stake of more than 15%. Other companies mining, discovering and growing resources in the region include Echo Resources Limited (ASX:EAR), Blackham Resources Ltd (ASX:BLK), Bellevue Gold Ltd (ASX:BGL), Great Western Exploration Limited ASX:GTE), Renegade Exploration Ltd (ASX:RNX), Toro Energy Limited (ASX:TOE) and Alchemy Resources Limited (ASX:ALY). Two Yandal projects, Ironstone Well/Barwidgee and Mt McClure, are within the Yandal Greenstone Belt while the third, Gordons, is near Kalgoorlie and close to other gold operations and infrastructure. Ironstone Well and Barwidgee occupy 55 kilometres of strike along contiguous mining tenements and contain multiple gold deposits within 70-80 kilometres of gold plants at Jundee, Bronzewing and Wiluna. The deposits are shallow, are under-explored, have not been mined and were left by majors at much lower gold prices. READ: Yandal Resources hits 17 g/t gold ace in drilling at Flushing Meadows Yandal’s flagship prospect is Flushing Meadows at which the company has fielded encouraging high-grade results with a JORC-compliant resource estimate due in mid-2019. New aircore drilling on 200-metre spaced lines is planned to start this month during an ongoing reverse circulation program, which continues to intersect strong mineralisation. READ: Yandal Resources begins new drilling program at Gordons Gold Project While the focus is primarily on Flushing Meadows, there are other nearby targets within the project as well as at the company’s other projects that provide further upside potential. Read the presentation made by Lorry Hughes here.
Credit: Celebrity Wire - Published < > Embed
News video: Tom Hanks Project Is Moving To Universal Pictures

Tom Hanks Project Is Moving To Universal Pictures 01:07

The Tom Hanks movie update. Here's the story.

You Might Like

Recent related videos from verified sources

Finland Takes Gold At Exciting World Hockey Championship [Video]Finland Takes Gold At Exciting World Hockey Championship

Finland Beat Canada 3-1 to win the Gold Medal at the IIHF Ice Hockey World Championship and Russia Beat the Czech Republic to win the Bronze Medal. Watch.

Credit: Celebrity Wire     Duration: 01:26Published

Fatal DWI crash in Wyoming County [Video]Fatal DWI crash in Wyoming County

Three people including a four-year-old child are dead following a two car crash Sunday morning.

Credit: WKBW Buffalo     Duration: 01:05Published

And they're off: the Buffalo Marathon [Video]And they're off: the Buffalo Marathon

The gun sounded and more than 4600 runners took off on their journey to the finish line in Buffalo's 19th consecutive Buffalo Marathon.

Credit: WKBW Buffalo     Duration: 01:26Published

Police Investigating Fight That Sent 3 To Hospital In Cinnaminson, New Jersey [Video]Police Investigating Fight That Sent 3 To Hospital In Cinnaminson, New Jersey

There is no word on what started the fight at this time.

Credit: CBS 3 Philly     Duration: 00:19Published

India’s 'Big Brother' biometics project raises privacy concerns [Video]India’s 'Big Brother' biometics project raises privacy concerns

Concerns arise over the world's biggest biometrics project and what it means for people's privacy.

Credit: Al Jazeera STUDIO     Duration: 02:08Published

Police Investigating Mass Drive-By Shooting That Injured 10 People At Trenton Bar [Video]Police Investigating Mass Drive-By Shooting That Injured 10 People At Trenton Bar

Joe Holden reports.

Credit: CBS 3 Philly     Duration: 02:11Published

Revised marijuana and taxation act brought to the spotlight in Albany [Video]Revised marijuana and taxation act brought to the spotlight in Albany

In the battle of marijuana being legalized in New York State-- legalization is edging out in Albany. A revised Marijuana Regulation and Taxation Act was introduced with help by Crystal Peoples-Stokes..

Credit: WKBW Buffalo     Duration: 02:08Published

Family of fallen Korean War vet honored Memorial Day weekend [Video]Family of fallen Korean War vet honored Memorial Day weekend

The family of Korean War veteran, Meredith Keirns, was the centerpiece of a ceremony held at the American Veterans Monument in Niagara Falls.

Credit: WKBW Buffalo     Duration: 01:17Published

Recent related news from verified sources

Yandal Resources completes extensive drilling program at Ironstone Well and Barwidgee gold projects

Yandal Resources Ltd (ASX:YRL) has completed an extensive reverse circulation (RC) drilling program at its Ironstone Well and Barwidgee gold projects in the...
Proactive Investors

Predictive Discovery drills 27 metres at 2.42 g/t gold at Nyangboue

Predictive Discovery Ltd (ASX:PDI) has received assay results from its drilling program at the Nyangboue Prospect within the Boundiali Project in northern Cote...
Proactive Investors

Ausmex Mining Group sources additional rigs to fast-track Mt Freda Complex drilling

Ausmex Mining Group Ltd (ASX:AMG) has sourced additional drill rigs to fast track the 15,000-metre drilling program at the Mt Freda Complex in Cloncurry,...
Proactive Investors

Emmerson Resources to outline exploration plans funded by royalties at Proactive’s CEO Sessions

Emmerson Resources Ltd (ASX:ERM) is both a gold producer and gold and base metals explorer with assets in the Northern Territory and New South Wales. Its...
Proactive Investors

Tyranna Resources study results confirm early gold mining opportunity

Tyranna Resources Ltd (ASX:TYX) has received the results from the review of a restart study at its 100% owned Eureka Gold Project near Kalgoorlie in Western...
Proactive Investors

De Grey Mining latest drill results support resource upgrade

De Grey Mining Ltd (ASX:DEG) has received results for an additional 13 reverse circulation (RC) drill holes from the Toweranna gold deposit within its wider...
Proactive Investors

Xanadu Mines upbeat about strong copper market fundamentals

Xanadu Mines Ltd (ASX:XAM) is upbeat about the market fundamentals for copper with its Kharmagtai project in Mongolia set to take advantage of a looming supply...
Proactive Investors

Other recent news in Business

SYDNEY METRO passes first peak-hour testVictorian mental HEALTH gets $170m boost
Trump dismisses NORTH KOREA threat, attends sumo match on Japan visitTrump urges fairer trade with Japan at start of STATE VISIT
Environmentally friendly: One News Page is hosted on servers powered solely by renewable energy
© 2019 One News Page Ltd. All Rights Reserved.
About us  |  Contact us  |  Disclaimer  |  Press Room  |  Terms & Conditions  |  Content Accreditation
 RSS  |  News for my Website  |  Free news search widget  |  In the News  |  DMCA / Content Removal  |  Privacy & Data Protection Policy
How are we doing? FeedbackSend us your feedback  |   LIKE us on Facebook   FOLLOW us on Twitter  •  FOLLOW us on Pinterest
One News® is a registered trademark of One News Page Ltd.