RE: RNS -gold!!6 Apr 2026 20:24
Mila Resources PLC - gold exploration firm focused on Australia - Reports final assay results from its diamond drilling programme at the Yarrol Gold Project, Queensland. The results include targeted follow-up sampling and multi-element assays "which have materially enhanced the company's understanding of the mineralised system," Mila says. Mila has also completed its reverse circulation drilling programme focused on infill, strike extension and early-stage volume definition in order to advance towards resource delineation. "This latest 1,600-metre drill programme brings the company's total drilling to 4,921m across its Queensland portfolio since acquiring the projects," adds. Says during the programme, multiple drillholes intersected broad mineralised zones with internal high-grade shoots. Best continuous intercepts include: 14 metres at 1.10 grams/ton gold from 183m in hole MYADD0205. This includes 1.0 metres at 7.51 g/t gold from 183m and 1m at 6.4 g/t from 187m. Says mineralisation is confirmed across all holes, "confirming a laterally and vertically continuous mineralised system, with broad envelopes hosting discrete higher-grade shoots." Adds: "Interpretation of cross-sections demonstrates that mineralisation can now be traced from surface through to depth, providing confidence in the overall geometry and continuity of the system. This work represents a clear progression from initial discovery to a defined and coherent gold system, with continuity, geometry and vectors to higher-grade mineralisation now well established. This continuity enables the company to systematically extend mineralisation along strike whilst building coherent volume, which will be progressively refined with the objective of defining a mineral resource estimate
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