Gold Project · Queensland
Yarrol Project
Our priority gold asset and focus of the Company’s resource-drilling programme.
Large-scale mineralised corridor with significant untested upside.
Including 8m @ 9.76g/t Au within broader mineralised zones.
Systematically expanding the geological understanding of the system.
Mineralisation confirmed from surface through to depth.
Near-Term Gold Strategy
Grow and define the Yarrol footprint to resource, define shallow ounces and advance toward a JORC resource.
Yarrol is Mila Resources’ priority gold asset and the focus of the Company’s resource-drilling programme. Located within a proven Queensland gold district, the project hosts a ~20km fault-controlled mineralised system that has seen only limited systematic exploration outside the historic resource area.
Drilling completed throughout 2025 and 2026 has significantly grown the geological understanding of the system, confirming broad mineralised envelopes, high-grade internal shoots and strong continuity of mineralisation from surface through to depth. The system remains open along strike and at depth, with each drill programme adding to the scale and confidence of the district scale of the Yarrol gold system.
Recent RC drilling results (Q1 2026) include:
- 4m @ 29.4g/t Au from 8m, including 1m @ 112g/t Au
- 9m @ 2.48g/t Au from 31m
- 14m @ 1.10g/t Au from 183m
“What is emerging is a continuous and robust mineralised system with repeating high-grade structures, supporting the development of a meaningful gold resource within a proven mining district.”Mark Stephenson · Executive Chairman
Programme
Phased, disciplined and fully funded.
Strike extensions, step-outs and resource assessment
Infill drilling, resource assessment and metallurgical testing.
Resource definition & scoping study
Drilling and resource development activities underway. RC and diamond drilling focused on defining a resource and advancing toward pit shell modelling and scoping study review.
These programmes continue to de-risk the project while validating the broader scale and continuity of the system.