Yandal Resources has reported two significant gold discoveries within 11 months and a strong cash position of $17.3 million, setting the stage for an aggressive exploration campaign in 2026.
- Two new gold discoveries: Arrakis and Siona
- Current mineral resource inventory totals 450,000 ounces of gold
- Strong cash balance of $17.3 million as of December 2025
- Aggressive 2026 drilling program planned across key projects
- Investment in site infrastructure including a new 21-person exploration camp
Yandal’s Exploration Momentum
Yandal Resources Ltd (ASX: YRL) is entering 2026 with considerable momentum, having announced two new gold discoveries, Arrakis and Siona, within an 11-month period. These discoveries underscore the effectiveness of Yandal’s systematic, geology-driven exploration strategy focused on the prolific Yandal Greenstone Belt in Western Australia, a region renowned for its rich gold endowment.
The company’s current mineral resource inventory stands at approximately 450,000 ounces of gold, with Flushing Meadows contributing 268,000 ounces and Mt McClure adding 182,000 ounces. Both projects are situated on granted mining leases, providing a solid foundation for resource expansion and potential future development.
Financial Strength Fuels Ambitious Plans
Yandal’s robust cash position of $17.3 million as at 31 December 2025 ensures the company is well-funded to execute an aggressive exploration program throughout 2026. This financial strength allows for the acquisition and commissioning of a new 21-person exploration camp, enhancing operational capacity and enabling sustained field activities across multiple targets.
The planned 2026 drilling campaign is comprehensive, featuring reverse circulation (RC) and diamond drilling designed to delineate high-grade mineralisation zones, test the extent of the Arrakis discovery, and refine geological models at Flushing Meadows. The company also intends to explore parallel mineralised structures and underexplored areas, particularly focusing on fresh rock mineralisation below existing oxide resources.
Strategic Focus on Large-Scale Targets
Yandal’s exploration strategy is clearly aimed at identifying and advancing large-scale gold deposits. The Arrakis prospect, hosted within the Caladan Fold, has already demonstrated promising intercepts, including intervals of up to 8 meters grading 4.7 grams per tonne gold. The Siona discovery, hosted by the New England Granite, further validates the potential of intrusive complexes as fertile hosts for significant mineralisation.
Meanwhile, the Mt McClure project, adjacent to Northern Star’s Orelia operation, offers substantial upside with steep south-plunging high-grade shoots yet to be tested at depth. The company’s approach combines geological insight with targeted drilling to unlock value across its portfolio.
Outlook and Market Positioning
With a tightly held share register dominated by strategic investors such as Regal Funds and Gold Fields, Yandal Resources is well-positioned to capitalise on its exploration successes. The company’s strong relationship with Traditional Owners and its location within a tier-1 jurisdiction further enhance its prospects.
As Yandal embarks on its 2026 exploration journey, the market will be watching closely for drilling results that could significantly expand the company’s resource base and potentially pave the way for future development milestones.
Bottom Line?
Yandal’s twin discoveries and solid funding set the stage for a pivotal year of exploration that could reshape its resource profile.
Questions in the middle?
- How extensive and high-grade will the Arrakis mineralised system prove to be with ongoing drilling?
- What impact will the 2026 drilling program have on upgrading the current 450,000-ounce resource inventory?
- How quickly can Yandal translate exploration success into development or production milestones?