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    Drilling Results – Yarrol Project

    Picture of Mila Resources logoMila Resources
    08/12/2025 07:00
    RNS Number : 6189K

Mila Resources PLC

08 December 2025

 

Mila Resources Plc / Index: LSE / Epic: MILA / Sector: Natural Resources

 

8 December 2025

Mila Resources Plc

('Mila' or the 'Company')

 

Drilling Results - Yarrol Project

 

Mila Resources Plc (LSE: MILA), the mineral exploration company looking to accelerate the development of post-discovery assets, is pleased to provide an update on the assay results from the first of six holes from the recent diamond drilling ("DD") campaign at the Yarrol deposit, the flagship asset within the Queensland Gold and Copper Portfolio. The objective of the DD campaign was to enhance the confidence in Mila's deposit model for Yarrol and to test for continuation of mineralised structures at depth.

 

Highlights:

·    The results from the first of six holes validates the exploration model and reinforces our belief that gold mineralisation at Yarrol has both scale and grade.

 

·    Significant gold intercepts returned from the first diamond drill hole MYADD0205, including:

o  5 m @ 2.78 g/t from 183 m

▪    including 1 m @ 6.89 g/t Au

▪    and including 1m @ 6.39 g/t Au

o  2.19 m @ 1.1 g/t from 170.44 m

o  Allowing for greater dilution of lower grade material between intercepts returns an interval of 14 m @ 1.14 g/t from 178 m

 

·    Hole MYADD0205 has now enabled the team to trace the mineralisation envelope through multiple drill intercepts from surface to approximately 200m depth, indicating a large, well-developed mineralised system that continues to be open at depth.

 

·    The hole lies in an area of mineralisation outside the historic resource where Mila's initial RC drilling in Q1 2025 returned excellent intersections in several holes including 15m @ 1.76g/t Au from 101m in hole MYARC0204.

·    Detailed review of the core in relation to the high-grade assay results (>5 g/t) have enabled the team to begin evaluating the controlling features and will assist the understanding of grade distribution, which will ultimately lead into resource estimation work.

 

Technical Overview

The mineralisation intersected in this hole MYADD0205 is hosted in an easterly dipping sheeted vein system and within altered diorites, matching observations from RC drilling and confirming the continuation of mineralised structures to depth. This achieves a key aim of diamond drilling with the first set of results.

 

The data from the diamond drilling alongside assays from the lab are already validating and enhancing Mila's deposit model for Yarrol, giving confidence that a large mineralised system is present with potential to deliver a significant resource. The new data will be applied immediately to the upcoming and fully funded RC drilling programme in early 2026.

 

The Company now awaits additional assays pending from the next five diamond holes drilled during the DD campaign in October 2025.

 

Mark Stephenson, Executive Chairman, commented:

"We wanted evidence to show that the system could continue to grow at depth, and results from this first hole could not have asked for a more encouraging start to this drilling programme. Gold mineralisation is evident precisely where the team predicted and is being traced from surface, cross existing holes and down to over 200 metres, clearly demonstrating vertical continuity in the system.

 

Equally important are core observations of sheeted veins and altered diorite correlating to the broad mineralised halo we are seeing. This points to a large-scale hydrothermal footprint capable of supporting both high-grade shoots and bulk tonnage potential. This first set of results, already give us the confidence to start on the pathway to commercial study work.

 

The team's field observations and structural predictions have correlated exceptionally well with the assay data. Confidence is high, and we are rapidly improving our understanding of grade distribution at Yarrol. Geostatistical analysis is still needed to understand variation in grade, but the presence of gold and knowledge attained from the drilling, will be invaluable as we push forward with the next phase of drilling and resource definition work."

 

 

 

Table 1. Significant intersections


    Hole IDWidthFromToAu g/t
    MYADD02055 m1831882.78
    incl1 m1831846.89
    incl1 m1871886.39
    *MYADD020514 m1781921.14
    

Cut off grade of 0.2 g/t Au and 2 m internal dilution applied to intercepts

* Internal dilution increased to 4 m.

 

 

See Appendix 1 for full table results

 

 

Table 2. Drill hole collar details


    Hole IDTypeDepthDipAzimuthEast MGA94North MGA94RL MGA
    MYADD0205DD249.4-712703345007235060291
    

 

 


    

Figure 1. Drillhole location plan with simplified geological interpretation.

 

Competent Person Statement

The information in this announcement relating to Exploration Results is based on information compiled by Alastair Goodship, who is COO of Mila Resources. Mr Goodship has sufficient experience relevant to the style of mineralisation and type of deposit under consideration, and to the activity he is undertaking to qualify as a Competent Person as defined in the 2012 Edition of the "Australasian Code for Reporting of Exploration Results, Mineral Resource and Ore Reserves".

 

**ENDS**

 

For more information visit www.milaresources.com or contact:  

  


    Mark Stephenson
    Mila Resources Plc    		info@milaresources.com
    Jonathan Evans
    Tavira Financial Limited    		+44 (0) 20 7100 5100
    Nick Emerson
    SI Capital    		+44 (0) 20 3143 0600
    Damon Heath
    Shard Capital Partners LLP    		+44 (0) 20 3971 7000
    Susie Geliher / Will Turner
    St Brides Partners Limited    		+44 (0) 20 7236 1177
    

 

  Appendix A : Complete assay intervals of mineralised zones with Significant Intersection Calculations and high-grade assays highlighted.

 


    Hole IDSample IDFrom (m)To (m)IntervalAu g/tWidth@Grade
    MYADD0205B29500066.80.80.01
    MYADD0205B2950016.88.11.30.06
    MYADD0205B2950028.19.110.02
    MYADD0205B2950039.19.70.60.01
    MYADD0205B295004313210.01
    MYADD0205B295005323310.03
    MYADD0205B295006333410.01
    MYADD0205B295007343510.03
    MYADD0205B295008353610.02
    MYADD0205B295009363710.01
    MYADD0205B295010373810.02
    MYADD0205B295011383910.01
    MYADD0205B295012394010.005
    MYADD0205B295013404110.02
    MYADD0205B295014414210.06
    MYADD0205B295015424310.03
    MYADD0205B295016434410.01
    MYADD0205B295017444510.01
    MYADD0205B2950184546.31.30.005
    MYADD0205B29501946.3470.70.03
    MYADD0205B295022474810.005
    MYADD0205B295023484910.005
    MYADD0205B295024495010.005
    MYADD0205B295025505110.02
    MYADD0205B295026515210.08
    MYADD0205B295027525310.01
    MYADD0205B295028535410.01
    MYADD0205B295029545510.01
    MYADD0205B295030555610.005
    MYADD0205B295031565710.01
    MYADD0205B295032575810.01
    MYADD0205B2950335858.320.320.03
    MYADD0205B29503458.32590.680.01
    MYADD0205B295035596010.005
    MYADD0205B295036606110.01
    MYADD0205B295037616210.005
    MYADD0205B295038626310.02
    MYADD0205B295039636410.01
    MYADD0205B295040646510.01
    MYADD0205B295041656610.005
    MYADD0205B2950426667.161.160.005
    MYADD0205B29504367.16680.840.01
    MYADD0205B295045686910.01
    MYADD0205B295048697010.005
    MYADD0205B295049707110.03
    MYADD0205B295050717210.01
    MYADD0205B295051727310.02
    MYADD0205B295052737410.03
    MYADD0205B295053747510.005
    MYADD0205B295054757610.02
    MYADD0205B295055767710.01
    MYADD0205B295056777810.01
    MYADD0205B2950577879.281.280.01
    MYADD0205B29505879.28800.720.005
    MYADD0205B295059808110.005
    MYADD0205B2950628181.770.770.005
    MYADD0205B29506381.77831.230.005
    MYADD0205B295064838410.01
    MYADD0205B295065848510.01
    MYADD0205B295066858610.01
    MYADD0205B295067868710.03
    MYADD0205B295068878810.04
    MYADD0205B295069888910.005
    MYADD0205B295070899010.01
    MYADD0205B295071909110.005
    MYADD0205B2950729191.820.820.005
    MYADD0205B29507391.82931.180.01
    MYADD0205B295074939410.01
    MYADD0205B295075949510.005
    MYADD0205B295076959610.005
    MYADD0205B295077969710.07
    MYADD0205B295078979810.27
    MYADD0205B295079989910.02
    MYADD0205B2950829910010.01
    MYADD0205B29508310010110.01
    MYADD0205B29508410110210.02
    MYADD0205B29508510210310.01
    MYADD0205B29508610310410.01
    MYADD0205B29508710410510.05
    MYADD0205B29508810510610.14
    MYADD0205B29508910610710.11
    MYADD0205B29509010710810.04
    MYADD0205B29509110810910.63
    MYADD0205B29509210911010.04
    MYADD0205B29509311011110.07
    MYADD0205B29509411111210.06
    MYADD0205B29509511211310.33
    MYADD0205B29509611311410.04
    MYADD0205B29509711411510.03
    MYADD0205B29509811511610.03
    MYADD0205B29509911611710.02
    MYADD0205B29510211711810.01
    MYADD0205B29510311811910.03
    MYADD0205B29510411912010.01
    MYADD0205B29510512012110.01
    MYADD0205B29510612112210.02
    MYADD0205B29510712212310.01
    MYADD0205B29510812312410.01
    MYADD0205B29510912412510.01
    MYADD0205B29511012512610.02
    MYADD0205B29511112612710.32
    MYADD0205B29511212712810.02
    MYADD0205B295113128128.50.50.02
    MYADD0205B295114128.51290.50.06
    MYADD0205B29511512913010.06
    MYADD0205B29511613013110.6
    MYADD0205B29511713113210.5
    MYADD0205B29511813213310.78
    MYADD0205B295119133133.50.50.323.5@0.55
    MYADD0205B295122133.51340.50.08
    MYADD0205B29512313413510.04
    MYADD0205B29512413513610.01
    MYADD0205B29512513613710.03
    MYADD0205B29512613713810.37
    MYADD0205B29512713813910.08
    MYADD0205B29512813914010.02
    MYADD0205B29512914014110.01
    MYADD0205B29513014114210.05
    MYADD0205B29513114214310.01
    MYADD0205B29513214314410.01
    MYADD0205B29513314414510.03
    MYADD0205B29513414514610.58
    MYADD0205B29513514614710.01
    MYADD0205B29513614714810.02
    MYADD0205B29513714814910.04
    MYADD0205B29513814915010.03
    MYADD0205B29513915015110.06
    MYADD0205B29514215115210.44
    MYADD0205B29514315215310.08
    MYADD0205B29514415315410.01
    MYADD0205B29514515415510.04
    MYADD0205B29514615515610.09
    MYADD0205B29514715615710.13
    MYADD0205B29514815715810.05
    MYADD0205B29514915815910.05
    MYADD0205B29515015916010.03
    MYADD0205B29515116016110.02
    MYADD0205B29515216116210.02
    MYADD0205B29515316216310.03
    MYADD0205B29515416316410.01
    MYADD0205B29515516416510.02
    MYADD0205B29515616516610.02
    MYADD0205B29515716616710.05
    MYADD0205B29515816716810.02
    MYADD0205B29515916816910.08
    MYADD0205B29516216917010.03
    MYADD0205B295163170170.440.440.09
    MYADD0205B295164170.441710.560.52
    MYADD0205B29516517117212.22
    MYADD0205B295166172172.630.630.582.78@1.11
    MYADD0205B295168172.631730.370.11
    MYADD0205B29516917317410.1
    MYADD0205B29517017417510.03
    MYADD0205B29517117517610.01
    MYADD0205B29517217617710.01
    MYADD0205B29517317717810.01
    MYADD0205B29517417817911.37
    MYADD0205B29517517918010.04
    MYADD0205B29517618018110.05
    MYADD0205B29517718118210.06
    MYADD0205B29517818218310.01
    MYADD0205B29517918318416.89
    MYADD0205B29518218418510.19
    MYADD0205B29518318518610.34
    MYADD0205B29518418618710.06
    MYADD0205B29518518718816.395@2.78
    MYADD0205B29518618818910.04
    MYADD0205B29518718919010.05
    MYADD0205B29518819019110.24
    MYADD0205B29518919119210.21
    MYADD0205B29519019219310.02
    MYADD0205B29519119319410.09
    MYADD0205B29519219419510.09
    MYADD0205B29519319519610.05
    MYADD0205B29519419619710.4314@1.1
    MYADD0205B29519519719810.05
    MYADD0205B29519619819910.04
    MYADD0205B29519719920010.03
    MYADD0205B295198200200.960.960.01
    MYADD0205B295199200.962021.040.11
    MYADD0205B29520220220310.01
    MYADD0205B29520320320410.01
    MYADD0205B29520420420510.11
    MYADD0205B29520520520610.03
    MYADD0205B29520620620710.29
    MYADD0205B29520720720810.04
    MYADD0205B29520820820910.02
    MYADD0205B29520920921010.03
    MYADD0205B295210210210.40.40.05
    MYADD0205B295211210.42110.60.02
    MYADD0205B29521221121210.02
    MYADD0205B29521321221310.08
    MYADD0205B29521421321410.02
    MYADD0205B29521521421510.02
    MYADD0205B29521621521610.04
    MYADD0205B29521721621710.02
    MYADD0205B29521821721811.16
    MYADD0205B29521921821910.01
    MYADD0205B29522221922010.03
    MYADD0205B29522322022110.01
    MYADD0205B29522422122210.48
    MYADD0205B29522522222310.01
    MYADD0205B29522622322410.04
    MYADD0205B29522722422510.02
    MYADD0205B29522822522610.6
    MYADD0205B29522922622710.05
    MYADD0205B29523022722810.52
    MYADD0205B29523122822910.03
    MYADD0205B295232229229.80.80.03
    MYADD0205B295233229.82311.21.16
    MYADD0205B29523423123210.38
    MYADD0205B29523623223310.34
    MYADD0205B29523723323410.274@0.54
    MYADD0205B29523823423510.07
    MYADD0205B29523923523610.03
    MYADD0205B29524223623710.03
    MYADD0205B29524323723810.41
    MYADD0205B29524423823910.02
    MYADD0205B29524523924010.06
    MYADD0205B29524624024110.03
    MYADD0205B29524724124210.08
    MYADD0205B29524824224310.11
    MYADD0205B29524924324410.02
    MYADD0205B29525024424510.01
    MYADD0205B29525124524610.06
    MYADD0205B29525224624710.02
    MYADD0205B29525324724810.02
    MYADD0205B29525424824910.04
    MYADD0206B295255249249.40.40.09
    

 

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