Highlights

  • Yandal Resources (ASX:YRL) identified a third high-grade gold domain at the Arrakis discovery.
  • New assay results were received from RC drilling and diamond drilling programs.
  • The company continues to evaluate the scale and continuity of mineralisation at Arrakis.
  • Further drilling results are expected as exploration progresses.

Yandal Resources Limited (ASX:YRL) continues to advance its Arrakis gold discovery within the Ironstone Well–Barwidgee (IWB) Gold Project in Western Australia after identifying a third high-grade mineralised domain through recent drilling results.

At the time of writing on 25 August 2026, Yandal Resources was trading at AUD 0.15, up 3.45%, following the company’s announcement detailing further assay results from RC drilling and diamond drilling activities at Arrakis.

Drilling Update

Yandal Resources (ASX:YRL) reported assay results from targeted infill RC drilling and diamond drilling at the Arrakis discovery, with results supporting the presence of an additional high-grade domain within the broader mineralised system.

The drilling program covered the 1.3-kilometre Arrakis discovery area, with drilling completed on 100-metre spaced lines.

Key intercepts included:

  • 17.5m at 2.3g/t gold from 127.5m, including 3.8m at 2.8g/t gold.
  • 4.8m at 4.0g/t gold from 135.5m.
  • 17.0m at 1.1g/t gold from 162.0m, including 1.6m at 3.8g/t gold.

The company said the results provided further support for a third high-grade domain within the Arrakis mineralised system.

Arrakis Potential

The newly identified high-grade domain is interpreted as a steep-to-moderate south-plunging structure located within the footwall of the Arrakis system and beneath an intermediate porphyry.

The company highlighted that the down-plunge extension below the Yueh Shear Zone remains untested, providing an additional area for future exploration.

The latest results build on previous drilling success at Arrakis, including earlier high-grade gold intercepts that have continued to expand understanding of the mineralised system.

Project Focus

Arrakis remains the key exploration focus for Yandal Resources, evolving from an early-stage gold anomaly into a more developed discovery with multiple mineralised domains identified through drilling.

The company’s broader Ironstone Well–Barwidgee Gold Project continues to represent its primary exploration asset, with ongoing drilling aimed at assessing resource potential.

Yandal Resources has also focused its portfolio following the divestment of the Gordons Dam tenement package, allowing greater concentration on the IWB project.

Financial Position

Yandal Resources remains an exploration-stage company and does not currently generate Mining revenue.

The company’s trailing twelve-month Diluted Earnings per Share remained negative at $0.02, reflecting ongoing exploration expenditure.

The company completed a $13.5 million Placement in October 2025 to support exploration activities across the IWB project, including accelerated drilling programs.

Market Focus

Investor interest in Yandal Resources has been centred around the ongoing exploration success at Arrakis and the potential scale of the gold discovery.

The identification of multiple high-grade domains has increased attention on whether continued drilling can demonstrate broader mineralisation continuity and support future resource definition.

Gold sector sentiment has also remained an important Factor influencing exploration companies, with strong Commodity conditions supporting interest in discovery-stage projects.

Growth Drivers

Potential growth drivers for Yandal Resources include further high-grade drilling results, expansion of mineralised zones and progress towards defining a maiden resource at Arrakis.

Additional drilling beneath the Yueh Shear Zone and continued evaluation of the broader IWB project could provide further information on the scale of the system.

Successful exploration outcomes may support future development decisions and project advancement.

Key Risks

Yandal Resources remains an early-stage exploration company, and drilling results do not confirm the presence of an economically viable mineral deposit.

Further work is required to establish the continuity, scale and economic potential of the Arrakis mineralisation.

The company may require additional funding to continue exploration activities, which could result in Shareholder dilution. Gold price movements and exploration outcomes also remain key factors affecting market sentiment.

What Comes Next?

Yandal Resources expects further assay results from two additional diamond drilling tails in early September 2026.

Investors will also monitor future drilling activities targeting extensions below the Yueh Shear Zone and updates on the broader exploration program.

Further progress towards resource definition will be an important milestone for assessing the long-term potential of Arrakis.

Final Take

Yandal Resources (ASX:YRL) continues to advance the Arrakis gold discovery after identifying a third high-grade domain through recent drilling results. The latest assays provide further information on the complexity and potential scale of the mineralised system, while additional drilling will be required to determine continuity and resource potential.