Key Highlights

  • Yandal Resources (ASX:YRL) traded at $0.08, down 11.11%, after touching a 52-week low during the 26 October 2026 session.
  • Hole 26IWBDD0017 returned 56.6m at 1.1 g/t gold from 398.5m, extending Domain A by 100m down-dip.
  • The seven-hole, 3,300m program is due to finish by early November, with further results expected.

Yandal Resources Ltd (ASX:YRL) shares touched a 52-week low during the Trading session on 26 October 2026, trading at $0.08, down 11.11% on the day. Yandal Resources is a West Perth-based gold explorer with the Ironstone Well-Barwidgee (IWB) Gold Project in the Yandal Greenstone Belt of Western Australia. Its most recent drilling announcement is dated 19 October 2026.

Arrakis Diamond Drilling Results

The 19 October 2026 announcement reports priority sample results from the first two holes of a seven-hole, 3,300 metre diamond program at the Arrakis prospect. Hole 26IWBDD0017 returned 56.6 metres at 1.1 grams per tonne gold from 398.5 metres, with an estimated true width of 32 metres, including 29.8 metres at 1.4 grams per tonne, 8.0 metres at 1.8 grams per tonne and 6.4 metres at 2.3 grams per tonne. A second interval returned 20.5 metres at 1.0 grams per tonne from 434.7 metres, including 3.8 metres at 2.8 grams per tonne.

Hole 26IWBDD0016 returned 16.7 metres at 1.0 grams per tonne from 373.3 metres (estimated true width 12 metres), including 2.7 metres at 1.8 grams per tonne. The company said the results from 26IWBDD0017 extend high-grade Domain A by another 100 metres down-dip and demonstrate continuity of mineralisation at depth.

At Siona, follow-up RC drilling results suggest shallow oxide gold mineralisation tied to a weathered intrusive Margin parallel to the Siona structure, and further results were reported from Flushing Meadows. These results were published in the same announcement as the Arrakis intercepts, which shows the company is testing several targets within the project area at once.

Program Status, Siona and Flushing Meadows

Six of the seven planned holes had been drilled. Holes 26IWBDD0018, 26IWBDD0019 and 26IWBDD0020 have all intercepted the Arrakis structure, with priority sample results expected in early November, and the program is expected to finish by early November. Results from non-priority samples are anticipated in November.

The release also reported follow-up RC results from Siona, which the company said suggest shallow oxide gold mineralisation tied to a weathered intrusive margin parallel to Siona, and further drilling results from Flushing Meadows.

The company described the geometry of Arrakis as simple and predictable, with sub-vertical mineralisation, and said results from 26IWBDD0017 extend high-grade Domain A by 100 metres down-dip. It also said it is hoped that holes 26IWBDD0019 and 26IWBDD0020 will aid in defining the down-plunge position of high-grade Domain C. Estimated true widths are given for the intercepts because the holes do not cross the structure at right angles.

About Yandal Resources

Yandal Resources is based at 1138 Hay Street, West Perth, with its operations focused on the IWB Gold Project. The company describes the geometry of Arrakis as sub-vertical and predictable, based on combined results and geological observations.

The Ironstone Well-Barwidgee project lies in the Yandal Greenstone Belt, and the announcement includes tables of assay results for the Arrakis holes and figures showing long sections and cross sections. Siona and Flushing Meadows are other prospects within the project area and were reported in the same announcement.

Risks

The reported intersections are from priority sample zones only, with non-priority results still to come. Grades of around 1 gram per tonne are reported across wide intervals, and the true widths are estimates. The remaining holes in the program have not yet reported assays, and the seven-hole program is yet to be completed.

The company states that results from non-priority samples are still to come, and the three holes completed after 0016 and 0017 have priority results scheduled only for early November. Reported intercepts are of the order of 1 to 2 grams per tonne over wide widths, with narrower higher-grade zones inside them.

Catalysts on Investors' Radar

Priority results from holes 26IWBDD0018 to 0020 are expected in early November, the program is due to finish in early November and non-priority sample results are expected during November.

Final Perspective

Yandal touched a 52-week low six days after reporting deep Arrakis results. Further assay batches from the same program are scheduled for early and later November.