Mila Resources Plc (LON: MILA) reports that its Phase 1 drilling programme at the Yarrol Gold Project has already achieved several important milestones:
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High-grade mineralisation intersected – Drilling has confirmed the presence of quartz veining and sulphide-rich zones associated with high-grade gold at the core of the Yarrol deposit. These structural features are now being used to guide future targeting and resource expansion.
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Validation of historical data – The replication of wide mineralised intercepts seen in past drilling—including regional scout holes—provides strong validation of legacy data and supports the model of consistent gold mineralisation both along strike and at depth.
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Extension of mineralisation at depth – Encouragingly, high-grade gold zones have been identified below the limits of previous drilling, confirming the system continues at depth and underlining the potential for resource growth down-dip.
With assay results from just four of the ten planned holes, the drilling campaign is already building a picture of significant geological continuity and expansion potential.
Executive Director Mark Stephenson commented:
“These results are a major win, as they continue to demonstrate the strength and scale of the Yarrol system. With only four holes reported to date, we are already seeing clear evidence that the mineralisation is continuous and extends beyond the footprint of historical drilling. The intercepts confirm that the core of the system hosts high-grade material, and that continuity at depth is real. With six more holes still to come, we are encouraged by what we’re seeing and are confident in Yarrol’s potential to deliver a much larger gold system.”
Next Steps:
Results from the remaining six drill holes are currently pending, with assays expected over the coming weeks. Once received, these will be incorporated into an updated geological model to guide the next phase of exploration. Future targeting will focus on expanding the mineralised envelope along the Yarrol Fault, a major 20km structural corridor.
