Highlights

  • Arrakis gold discovery significantly advanced, with maiden diamond drilling confirming a laterally extensive mineralised system over >2.2km strike, open to the southeast and showing higher-grade potential at depth.
  • Strong diamond and RC drilling results upgraded existing intercepts and delivered new mineralisation, refining the geological model and supporting scale and continuity.
  • Active near-term news flow, including pending assay results, further RC and diamond drilling at Arrakis, follow-up drilling at New England Granite, and heritage surveys at Flushing Meadows.
  • YRL share price structure has turned positive after finding support at its horizontal trendline.

Yandal Resources Ltd. (ASX: YRL) surged approximately 20% after its quarterly update confirmed significant progress at the Arrakis gold discovery, with follow-up RC drilling and the successful completion of maiden diamond drilling programs during the December quarter.

Yandal Resources’ Strong Quarterly Update Revives Interest in Gold Explorer

Yandal Resources delivered a strong December 2025 quarter, marked by significant progress at the Arrakis gold discovery within the Caladan target area. Follow-up RC drilling and the completion of a maiden diamond drilling program confirmed a laterally extensive mineralised system exceeding 2.2km in strike, open to the southeast, with increasing grade potential at depth.

 Diamond drilling upgraded previous intercepts and extended mineralisation approximately 120m down-dip, refining the geological model and confirming continuity within a predictable host structure. Post-quarter RC results further demonstrated higher-grade zones, shallow oxide potential, and strong strike continuity. At the New England Granite target area, initial air-core drilling returned shallow high-grade gold intercepts, highlighting additional discovery potential. Supported by a strong cash position, the Company is well positioned for accelerated exploration through 2026.

Trendline Support Intact for Yandal Resources — What Could Trigger the Next Move?

From a technical standpoint, YRL remains firmly above its key horizontal trendline, with the recent gap-up opening strengthening an already constructive price structure. The sharp upside move, supported by elevated trading volumes, signals strong buying conviction and reinforces bullish momentum. The rising trendline continues to act as an important dynamic support, anchoring current price action. Provided YRL holds above this support zone, the broader bullish structure should remain intact, leaving the near-term outlook biased to the upside and keeping the door open for further gains.

Price action remains constructive, with the stock trading above its 21-period SMA, highlighting underlying near-term strength. The 14-period RSI at 54.98 holds above the midpoint, signalling a recovery in bullish momentum from recent lows. On the upside, resistance is located near AUD 0.300 and AUD 0.330, where selling pressure may emerge and temporarily cap further gains.

Bullish Structure Remains Intact Above Key Support

Yandal Resources Ltd. (ASX: YRL) outlook remains positive, supported by strong exploration progress at the Arrakis gold discovery and an active 2026 news flow. Technically, YRL trades above key trendline support and its 21-period SMA, with RSI above the midpoint, indicating improving bullish momentum despite near-term resistance levels.