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          mineralisation  was  intersected  over  a  1.8km  strike, at 250m   There is no shortage of funding for the explorer with a $6
          depth and is open in all directions.                 million cash balance which also allowed for drilling to start
          “We’re very pleased that we’ve found some more high-grade   at its Mt McClure project, south of Barwidgee.
          results,” Hughes said. “We currently don’t have any resources,   “We’re fortunately quite well funded,” Hughes said. “We’ve
          but  we’re  going  to  undertake  further  exploration  to  expand   been able to give the drilling companies quite reasonably
          the footprint of that mineralisation and to                         large programmes.”
          understand the geology a lot better.”                               The high-impact RC drilling at Mt McClure
          Hughes  said  Yandal  would  be  targeting                          is  testing known  mineralisation and
          a resource from Sims after 18 months of                             Hughes is bullish on a proactive approach.
          exploration and footprint expansion.                                “We’re looking forward to continuing our
          “We’ve got a huge pipeline of prospects of                          aggressive exploration,” he said.
          which Sims Find is currently a high priority,                       “We have excellent ground that’s close to
          but we’re also in the business of exploration,                      very large deposits and has the potential
          we are searching for very large deposits,”                          for  very  low  discovery  costs  per  ounce.
          he said. “If we do happen upon some better                          That is in part because of the depth and in
          results,  on  one  of  our  reconnaissance                          part because we are following up known
          programmes,  then  we’ll  probably  shift                           gold occurrences on ground that has
          attention to those.”                                                received very little follow-up exploration.
          The company is preparing a drone magnetic                           “Typically,  these are great  places to be
          survey over a 7km by 4km area to support                            hunting.”
          further  follow-up  RC  drilling.  Yandal  is
          also  confident  that  denser  drill  holes  will
          yield quality results and further high-grade
                                               A nugget pulled from the Gordons project
          intercepts.


                        Optimising Gold Extraction






                                       Gold Distribution %  Gold Occurrence  Predictive Recoverability
          Gold Deportment studies
          define mineralisation style              Liberated gold with gravity  Gravity
                                                                         Recoverable  Leaching
          •  Economic estimation            54     recoverable grain size   Gold   Recoverable   Fine Grind  Flotation
                                                                                             Leaching
                                                                         54%
                                                                                   Gold
          •  Flowsheet selection                                                   69%       Recoverable  Recoverable
                                                                                             Gold
                                                                                                       Gold
          •  Flowsheet optimisation         15     Other exposed gold minerals               80%       90%
          •  Plant survey                   11     Gold locked in sulphide as inclusions
          •  Troubleshooting                10     Gold locked in sulphide as invisible gold
                                            10
                                                   Gold locked in non-sulphide
                Liberated Au         Au attached to sulphide    Au locked in sulphide       Au mineralisation








                         20µm                          30µm                   20µm                        0.1mm





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