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    RC Results at Yarrol Continue to Derisk Project

    Picture of Mila Resources logoMila Resources
    28/04/2026 07:00
    RNS Number : 1118C

Mila Resources PLC

28 April 2026

 

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

 

28 April 2026

Mila Resources Plc

("Mila" or the "Company")

 

RC Results at Yarrol Continue to Derisk the Project

 

Mila Resources Plc (LSE: MILA), the post-discovery gold exploration accelerator, is pleased to report assay results from holes 3, 4 and 5 of the Company's 12-hole Reverse Circulation ("RC") drilling campaign completed in Q1 2026 at the Yarrol Gold Project, Queensland, Australia ("Yarrol"). The results reported below were drilled in the southern segment of the Yarrol North target.

 

OVERVIEW

 

Yarrol Gold Project - RC Drilling

·      New results from the Q1 2026 RC campaign return the highest-grade gold intercept recorded on the project at 112g/t over 1m.

·      Drillholes confirm high grade mineralisation in southernmost positions drilled to date at Yarrol North Target.

·      The results also confirm extensions of shallow gold mineralisation further to the north and continuity of mineralisation to the west that was not included in the historic resource.

·      Further results from infill and step-out holes completed as part of the Q1 2026 programme are pending and will be reported in due course.

·      The programme is designed to build the dataset required for an initial JORC mineral resource estimate ("MRE").

·      Multi-element geochemical assays are being used to refine the Company's structural interpretation of the Yarrol system and to inform next-phase drill targeting.

·      Best intercepts from the three holes include:

·      4m @ 29.4g/t gold (Au) from 8m (MYARC0222)

o  including 1m @ 112g/t Au from 10m; and

o  1m @ 5g/t Au from 11m

·      9m @ 2.48g/t Au from 31m (MYARC0216)

o  including 1m @ 15.05g/t Au from 36m

·      7m @ 1.0g/t Au from 17m (MYARC0215)

o  including 1m @ 4.04g/t Au from 21m

 

Mark Stephenson, Executive Chairman, commented:

"We are delighted with these results with some notably high-grade results. Every intercept, no matter the size, is helping us build tonnage and tighten the geological picture.

 

"What is emerging is a pattern of repeating structures hosting high-grade shoots, suggesting a more continuous and robust mineralised system than was ever previously understood.  We are now moving beyond isolated results and toward the building a meaningful and economic gold resource in a proven gold district. Following our recent capital raise we will be continuing to fast track the development of this project."

 

Further Information

 

Yarrol Gold Project: Results from RC Campaign

 


    

Figure 1. An overview of Mila's completed drilling at Yarrol. Holes MYARC0222 is shown south of the historic resource area, MYARC0216 and MYARC0215 are shown at the centre and north of the historic resource area.

 

Mila is pleased to announce results from three further holes of the recently completed 12-hole RC programme at Yarrol.

 

The Q1 2026 RC programme was designed to systematically extend the mineralised footprint at Yarrol in support of an initial JORC MRE, with infill and step-out holes testing the boundaries of the system in all directions. To date, mineralisation has not been closed off in any direction and the confirmed strike length at Yarrol North now exceeds 500m.

 

This batch of results covers a southern step-out hole designed to test the outer limits of the system infill holes to test mineralisation continuity in the west and to the north of the historic resource area. Even at these furthest positions, broad zones of gold mineralisation with higher-grade internal intercepts have been returned, and the system remains open to the south. Further results from the remainder of the Q1 2026 RC programme are pending and will be reported in due course.

 

 

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, and a member of The Institute of Materials, Minerals and Mining and a Fellow of the Geological Society. Dr 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 / Charlotte Page
    St Brides Partners Limited    		+44 (0) 20 7236 1177
    

 

 

ABOUT MILA RESOURCES

Mila Resources Plc (LSE: MILA) is a post-discovery gold exploration company focused on advancing a portfolio of gold and copper interests in Queensland, Australia.  The most advanced is the Yarrol Gold Project which is moving towards an initial Mineral Resource Estimate, alongside the systematic advancement of exploration targets across its broader Queensland licence portfolio, including the Monal West porphyry corridor.

 

Appendix - Drill Results

 


    Hole IDSample IDDepth fr0mDepth toIntervalAu ppmAu ppm_1
    MYARC02152600010110.06
    MYARC02152600021210.02
    MYARC02152600032310.09
    MYARC02152600043410.05
    MYARC02152600054510.02
    MYARC02152600065610.03
    MYARC02152600076710.05
    MYARC02152600087810.01
    MYARC02152600098910.01
    MYARC021526001091010.36
    MYARC0215260011101110.01
    MYARC0215260012111210.03
    MYARC0215260013121310.04
    MYARC0215260014131410.24
    MYARC0215260015141510.14
    MYARC0215260016151610.03
    MYARC0215260017161710.16
    MYARC0215260018171810.03
    MYARC0215260019181911.11
    MYARC0215260020192010.73
    MYARC0215260023202110.05
    MYARC0215260024212214.06
    MYARC0215260025222310.43
    MYARC0215260026232410.27
    MYARC0215260027242510.57
    MYARC0215260028252610.17
    MYARC0215260029262710.01
    MYARC0215260030272810.01
    MYARC0215260031282910.01
    MYARC0215260032293010.03
    MYARC0215260033303110.05
    MYARC0215260034313210.04
    MYARC0215260035323310.06
    MYARC0215260036333410.26
    MYARC0215260037343510.08
    MYARC0215260038353610.04
    MYARC0215260039363710.19
    MYARC0215260040373810.45
    MYARC0215260041383910.02
    MYARC0215260042394010.07
    MYARC0215260045404110.34
    MYARC0215260046414210.06
    MYARC0215260047424310.02
    MYARC0215260048434410.55
    MYARC0215260049444510.16
    MYARC0215260050454610.03
    MYARC0215260051464710.08
    MYARC0215260052474810.04
    MYARC0215260053484910.01
    MYARC0215260054495010.02
    MYARC0215260055505110.04
    MYARC0215260056515210.03
    MYARC0215260057525310.06
    MYARC0215260058535410.12
    MYARC0215260059545510.02
    MYARC0215260060555610.04
    MYARC0215260061565710.04
    MYARC0215260062575810.02
    MYARC0215260063585910.01
    MYARC0215260064596010.03
    MYARC0215260067606110.11
    MYARC0215260068616210.01
    MYARC0215260069626310.01
    MYARC0215260070636410.005
    MYARC0215260071646510.005
    MYARC0215260072656610.01
    MYARC0215260073666710.01
    MYARC0215260074676810.01
    MYARC0215260075686910.16
    MYARC0215260076697010.03
    MYARC0215260077707110.02
    MYARC0215260078717210.02
    MYARC0215260079727310.01
    MYARC0215260080737410.04
    MYARC0215260081747510.01
    MYARC0215260082757610.01
    MYARC0215260083767710.06
    MYARC0215260084777810.07
    MYARC0215260085787910.07
    MYARC0215260086798010.02
    MYARC0215260089808110.01
    MYARC0215260090818210.005
    MYARC0215260091828310.03
    MYARC0215260092838410.01
    MYARC0215260093848510.005
    MYARC0215260094858610.02
    MYARC0215260095868710.01
    MYARC0215260096878810.005
    MYARC0215260097888910.005
    MYARC0215260098899010.01
    MYARC02162601000110.06
    MYARC02162601011210.03
    MYARC02162601022310.01
    MYARC02162601033410.04
    MYARC02162601044510.005
    MYARC02162601055610.07
    MYARC02162601066710.18
    MYARC02162601077810.03
    MYARC02162601088910.01
    MYARC021626010991010.04
    MYARC0216260110101110.03
    MYARC0216260111111210.05
    MYARC0216260112121310.06
    MYARC0216260113131410.05
    MYARC0216260114141510.04
    MYARC0216260115151610.05
    MYARC0216260116161710.02
    MYARC0216260117171810.02
    MYARC0216260118181910.005
    MYARC0216260119192010.005
    MYARC0216260122202110.005
    MYARC0216260123212210.01
    MYARC0216260124222310.005
    MYARC0216260125232410.02
    MYARC0216260126242510.02
    MYARC0216260127252610.05
    MYARC0216260128262710.06
    MYARC0216260129272810.13
    MYARC0216260130282910.12
    MYARC0216260131293010.16
    MYARC0216260132303110.25
    MYARC0216260133313210.88
    MYARC0216260134323311.6
    MYARC0216260135333410.37
    MYARC0216260136343510.53
    MYARC0216260137353611.36
    MYARC02162601383637115.05
    MYARC0216260139373811.06
    MYARC0216260140383910.54
    MYARC0216260141394010.73
    MYARC0216260144404110.18
    MYARC0216260145414210.03
    MYARC0216260146424310.03
    MYARC0216260147434410.02
    MYARC0216260148444510.02
    MYARC0216260149454610.01
    MYARC0216260150464710.01
    MYARC0216260151474810.01
    MYARC0216260152484910.03
    MYARC0216260153495010.01
    MYARC0216260154505110.01
    MYARC0216260155515210.03
    MYARC0216260156525310.02
    MYARC0216260157535410.03
    MYARC0216260158545510.05
    MYARC0216260159555610.06
    MYARC0216260160565710.03
    MYARC0216260161575810.04
    MYARC0216260162585910.02
    MYARC0216260163596010.01
    MYARC0216260166606110.02
    MYARC0216260167616210.01
    MYARC0216260168626310.02
    MYARC0216260169636410.09
    MYARC0216260170646510.04
    MYARC0216260171656610.08
    MYARC0216260172666710.01
    MYARC0216260173676810.02
    MYARC0216260174686910.03
    MYARC0216260175697010.03
    MYARC0216260176707110.005
    MYARC0216260177717210.01
    MYARC0216260178727310.01
    MYARC0216260179737410.02
    MYARC0216260180747510.005
    MYARC0216260181757610.01
    MYARC0216260182767710.005
    MYARC0216260183777810.005
    MYARC0216260184787910.005
    MYARC0216260185798010.005
    MYARC0216260188808110.005
    MYARC0216260189818210.005
    MYARC0216260190828310.005
    MYARC0216260191838410.02
    MYARC0216260192848510.005
    MYARC0216260193858610.005
    MYARC0216260194868710.005
    MYARC0216260195878810.04
    MYARC0216260196888910.005
    MYARC0216260197899010.005
    MYARC0216260198909110.005
    MYARC0216260199919210.01
    MYARC0216260200929310.005
    MYARC0216260201939410.005
    MYARC0216260202949510.01
    MYARC0216260203959610.005
    MYARC0216260204969710.005
    MYARC0216260205979810.005
    MYARC0216260206989910.01
    MYARC02162602079910010.01
    MYARC02222609410110.02
    MYARC02222609421210.02
    MYARC02222609432310.01
    MYARC02222609443410.02
    MYARC02222609454510.01
    MYARC02222609465610.15
    MYARC02222609476710.02
    MYARC02222609487810.02
    MYARC02222609498910.71
    MYARC022226095091010.04
    MYARC022226095110111>100112
    MYARC0222260952111215.01
    MYARC0222260953121310.08
    MYARC0222260954131410.06
    MYARC0222260955141510.27
    MYARC0222260956151610.02
    MYARC0222260957161710.02
    MYARC0222260958171810.02
    MYARC0222260959181910.02
    MYARC0222260960192010.03
    MYARC0222260963202110.02
    MYARC0222260964212210.07
    MYARC0222260965222310.03
    MYARC0222260966232410.09
    MYARC0222260967242510.32
    MYARC0222260968252610.02
    MYARC0222260969262710.01
    MYARC0222260970272810.03
    MYARC0222260971282910.01
    MYARC0222260972293010.01
    MYARC0222260973303110.01
    MYARC0222260974313210.01
    MYARC0222260975323310.005
    MYARC0222260976333410.01
    MYARC0222260977343510.005
    MYARC0222260978353610.005
    MYARC0222260979363710.01
    MYARC0222260980373810.005
    MYARC0222260981383910.01
    MYARC0222260982394010.02
    MYARC0222260985404110.01
    MYARC0222260986414210.01
    MYARC0222260987424310.08
    MYARC0222260988434410.005
    MYARC0222260989444510.7
    MYARC0222260990454610.07
    MYARC0222260991464710.13
    MYARC0222260992474810.13
    MYARC0222260993484910.03
    MYARC0222260994495010.02
    MYARC0222260995505110.03
    MYARC0222260996515210.13
    MYARC0222260997525310.03
    MYARC0222260998535410.04
    MYARC0222260999545510.02
    MYARC0222261000555610.02
    MYARC0222261001565710.02
    MYARC0222261002575810.02
    MYARC0222261003585910.03
    MYARC0222261004596010.05
    MYARC0222261007606110.05
    MYARC0222261008616210.1
    MYARC0222261009626310.03
    MYARC0222261010636410.01
    MYARC0222261011646510.02
    MYARC0222261012656610.06
    MYARC0222261013666710.01
    MYARC0222261014676810.01
    MYARC0222261015686910.01
    MYARC0222261016697010.04
    MYARC0222261017707110.02
    MYARC0222261018717210.01
    MYARC0222261019727310.02
    MYARC0222261020737410.01
    MYARC0222261021747510.05
    MYARC0222261022757610.05
    MYARC0222261023767710.02
    MYARC0222261024777810.03
    MYARC0222261025787910.01
    MYARC0222261026798010.02
    MYARC0222261029808110.02
    MYARC0222261030818210.03
    MYARC0222261031828310.02
    MYARC0222261032838410.03
    MYARC0222261033848510.02
    MYARC0222261034858610.02
    MYARC0222261035868710.03
    MYARC0222261036878810.03
    MYARC0222261037888910.03
    MYARC0222261038899010.02
    MYARC0222261039909110.04
    MYARC0222261040919210.14
    MYARC0222261041929310.3
    MYARC0222261042939410.09
    MYARC0222261043949510.14
    MYARC0222261044959610.2
    MYARC0222261045969710.06
    MYARC0222261046979810.01
    MYARC0222261047989910.04
    MYARC02222610489910010.03
    MYARC02222610511001010.05
    MYARC02222610521011020.02
    MYARC02222610531021030.01
    MYARC02222610541031040.04
    MYARC02222610551041050.03
    MYARC02222610561051060.01
    MYARC02222610571061070.18
    MYARC02222610581071080.09
    MYARC02222610591081090.02
    MYARC02222610601091100.01
    MYARC02222610611101110.02
    MYARC02222610621111120.02
    MYARC02222610631121130.02
    MYARC02222610641131140.01
    MYARC02222610651141150.02
    MYARC02222610661151160.01
    MYARC02222610671161170.01
    MYARC02222610681171180.01
    MYARC02222610691181190.01
    MYARC02222610701191200.005
    MYARC02222610731201210.005
    MYARC02222610741211220.005
    MYARC02222610751221230.05
    MYARC02222610761231240.005
    MYARC02222610771241250.02
    MYARC02222610781251260.005
    MYARC02222610791261270.01
    MYARC02222610801271280.01
    MYARC02222610811281290.01
    MYARC02222610821291300.01
    MYARC02222610831301310.01
    MYARC02222610841311320.05
    MYARC02222610851321330.01
    MYARC02222610861331340.01
    MYARC02222610871341350.01
    MYARC02222610881351360.01
    MYARC02222610891361370.01
    MYARC02222610901371380.005
    MYARC02222610911381390.01
    MYARC02222610921391400.005
    MYARC02222610951401410.01
    MYARC02222610961411420.01
    MYARC02222610971421430.01
    MYARC02222610981431440.01
    MYARC02222610991441450.02
    MYARC02222611001451460.02
    MYARC02222611011461470.01
    MYARC02222611021471480.01
    MYARC02222611031481490.01
    MYARC02222611041491500.01
    

 

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