Yandal to explore in the shadow of giants

THE increasingly crowded field of new floats for punters to back looks set to be joined by a new gold explorer, Yandal Resources, which is looking in the re-emerging Yandal Belt and the established Eastern Goldfields of Western Australia for the yellow metal.

Yandal to explore in the shadow of giants Yandal to explore in the shadow of giants Yandal to explore in the shadow of giants Yandal to explore in the shadow of giants Yandal to explore in the shadow of giants

Yandal is looking for gold in the Yandal Belt.

Yandal is targeting a listing in September with a A$5 million raising, and it has secured ground in regions known to host multimillion ounce deposits, although initially it has defined a modest exploration target of between 392,000oz and 982,000oz across its seven best prospects.
 
Its aim is to initially interrogate known gold occurrences, develop mineral resources beyond the 200,000oz in shallow historic resources, and use its proximity to existing mines to negotiate toll treatment options. 
 
The junior has some 600sq.km under licence, much of which has not been effectively tested with modern exploration techniques.
 
The company is led by economic geologist Lorry Hughes, a former directo...

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