Yandal Resources (ASX:YRL) hit gold mineralization from a recent five-hole drill program conducted at the Oblique prospect within the Ironstone Well-Barwidgee gold project in Western Australia, according to a Tuesday filing with the Australian bourse.
The program yielded up to 26.5 meters at 0.6 grams per tonne grade of gold from 183.5 meters and 0.2 meters at 8.7g/t gold from 228 meters, the miner said in the filing.
Shares of Yandal Resources slumped 17% on market close.
Price (AUD): $0.13, Change: $-0.025, Percent Change: -16.67%
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