REG - Mila Resources Plc - RC Results at Yarrol Continue to Derisk Project
Tue 07:00
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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 info@milaresources.com
Mila Resources Plc
Jonathan Evans +44 (0) 20 7100 5100
Tavira Financial Limited
Nick Emerson +44 (0) 20 3143 0600
SI Capital
Damon Heath +44 (0) 20 3971 7000
Shard Capital Partners LLP
Susie Geliher / Charlotte Page +44 (0) 20 7236 1177
St Brides Partners Limited
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 ID Sample ID Depth fr0m Depth to Interval Au ppm Au ppm_1
MYARC0215 260001 0 1 1 0.06
MYARC0215 260002 1 2 1 0.02
MYARC0215 260003 2 3 1 0.09
MYARC0215 260004 3 4 1 0.05
MYARC0215 260005 4 5 1 0.02
MYARC0215 260006 5 6 1 0.03
MYARC0215 260007 6 7 1 0.05
MYARC0215 260008 7 8 1 0.01
MYARC0215 260009 8 9 1 0.01
MYARC0215 260010 9 10 1 0.36
MYARC0215 260011 10 11 1 0.01
MYARC0215 260012 11 12 1 0.03
MYARC0215 260013 12 13 1 0.04
MYARC0215 260014 13 14 1 0.24
MYARC0215 260015 14 15 1 0.14
MYARC0215 260016 15 16 1 0.03
MYARC0215 260017 16 17 1 0.16
MYARC0215 260018 17 18 1 0.03
MYARC0215 260019 18 19 1 1.11
MYARC0215 260020 19 20 1 0.73
MYARC0215 260023 20 21 1 0.05
MYARC0215 260024 21 22 1 4.06
MYARC0215 260025 22 23 1 0.43
MYARC0215 260026 23 24 1 0.27
MYARC0215 260027 24 25 1 0.57
MYARC0215 260028 25 26 1 0.17
MYARC0215 260029 26 27 1 0.01
MYARC0215 260030 27 28 1 0.01
MYARC0215 260031 28 29 1 0.01
MYARC0215 260032 29 30 1 0.03
MYARC0215 260033 30 31 1 0.05
MYARC0215 260034 31 32 1 0.04
MYARC0215 260035 32 33 1 0.06
MYARC0215 260036 33 34 1 0.26
MYARC0215 260037 34 35 1 0.08
MYARC0215 260038 35 36 1 0.04
MYARC0215 260039 36 37 1 0.19
MYARC0215 260040 37 38 1 0.45
MYARC0215 260041 38 39 1 0.02
MYARC0215 260042 39 40 1 0.07
MYARC0215 260045 40 41 1 0.34
MYARC0215 260046 41 42 1 0.06
MYARC0215 260047 42 43 1 0.02
MYARC0215 260048 43 44 1 0.55
MYARC0215 260049 44 45 1 0.16
MYARC0215 260050 45 46 1 0.03
MYARC0215 260051 46 47 1 0.08
MYARC0215 260052 47 48 1 0.04
MYARC0215 260053 48 49 1 0.01
MYARC0215 260054 49 50 1 0.02
MYARC0215 260055 50 51 1 0.04
MYARC0215 260056 51 52 1 0.03
MYARC0215 260057 52 53 1 0.06
MYARC0215 260058 53 54 1 0.12
MYARC0215 260059 54 55 1 0.02
MYARC0215 260060 55 56 1 0.04
MYARC0215 260061 56 57 1 0.04
MYARC0215 260062 57 58 1 0.02
MYARC0215 260063 58 59 1 0.01
MYARC0215 260064 59 60 1 0.03
MYARC0215 260067 60 61 1 0.11
MYARC0215 260068 61 62 1 0.01
MYARC0215 260069 62 63 1 0.01
MYARC0215 260070 63 64 1 0.005
MYARC0215 260071 64 65 1 0.005
MYARC0215 260072 65 66 1 0.01
MYARC0215 260073 66 67 1 0.01
MYARC0215 260074 67 68 1 0.01
MYARC0215 260075 68 69 1 0.16
MYARC0215 260076 69 70 1 0.03
MYARC0215 260077 70 71 1 0.02
MYARC0215 260078 71 72 1 0.02
MYARC0215 260079 72 73 1 0.01
MYARC0215 260080 73 74 1 0.04
MYARC0215 260081 74 75 1 0.01
MYARC0215 260082 75 76 1 0.01
MYARC0215 260083 76 77 1 0.06
MYARC0215 260084 77 78 1 0.07
MYARC0215 260085 78 79 1 0.07
MYARC0215 260086 79 80 1 0.02
MYARC0215 260089 80 81 1 0.01
MYARC0215 260090 81 82 1 0.005
MYARC0215 260091 82 83 1 0.03
MYARC0215 260092 83 84 1 0.01
MYARC0215 260093 84 85 1 0.005
MYARC0215 260094 85 86 1 0.02
MYARC0215 260095 86 87 1 0.01
MYARC0215 260096 87 88 1 0.005
MYARC0215 260097 88 89 1 0.005
MYARC0215 260098 89 90 1 0.01
MYARC0216 260100 0 1 1 0.06
MYARC0216 260101 1 2 1 0.03
MYARC0216 260102 2 3 1 0.01
MYARC0216 260103 3 4 1 0.04
MYARC0216 260104 4 5 1 0.005
MYARC0216 260105 5 6 1 0.07
MYARC0216 260106 6 7 1 0.18
MYARC0216 260107 7 8 1 0.03
MYARC0216 260108 8 9 1 0.01
MYARC0216 260109 9 10 1 0.04
MYARC0216 260110 10 11 1 0.03
MYARC0216 260111 11 12 1 0.05
MYARC0216 260112 12 13 1 0.06
MYARC0216 260113 13 14 1 0.05
MYARC0216 260114 14 15 1 0.04
MYARC0216 260115 15 16 1 0.05
MYARC0216 260116 16 17 1 0.02
MYARC0216 260117 17 18 1 0.02
MYARC0216 260118 18 19 1 0.005
MYARC0216 260119 19 20 1 0.005
MYARC0216 260122 20 21 1 0.005
MYARC0216 260123 21 22 1 0.01
MYARC0216 260124 22 23 1 0.005
MYARC0216 260125 23 24 1 0.02
MYARC0216 260126 24 25 1 0.02
MYARC0216 260127 25 26 1 0.05
MYARC0216 260128 26 27 1 0.06
MYARC0216 260129 27 28 1 0.13
MYARC0216 260130 28 29 1 0.12
MYARC0216 260131 29 30 1 0.16
MYARC0216 260132 30 31 1 0.25
MYARC0216 260133 31 32 1 0.88
MYARC0216 260134 32 33 1 1.6
MYARC0216 260135 33 34 1 0.37
MYARC0216 260136 34 35 1 0.53
MYARC0216 260137 35 36 1 1.36
MYARC0216 260138 36 37 1 15.05
MYARC0216 260139 37 38 1 1.06
MYARC0216 260140 38 39 1 0.54
MYARC0216 260141 39 40 1 0.73
MYARC0216 260144 40 41 1 0.18
MYARC0216 260145 41 42 1 0.03
MYARC0216 260146 42 43 1 0.03
MYARC0216 260147 43 44 1 0.02
MYARC0216 260148 44 45 1 0.02
MYARC0216 260149 45 46 1 0.01
MYARC0216 260150 46 47 1 0.01
MYARC0216 260151 47 48 1 0.01
MYARC0216 260152 48 49 1 0.03
MYARC0216 260153 49 50 1 0.01
MYARC0216 260154 50 51 1 0.01
MYARC0216 260155 51 52 1 0.03
MYARC0216 260156 52 53 1 0.02
MYARC0216 260157 53 54 1 0.03
MYARC0216 260158 54 55 1 0.05
MYARC0216 260159 55 56 1 0.06
MYARC0216 260160 56 57 1 0.03
MYARC0216 260161 57 58 1 0.04
MYARC0216 260162 58 59 1 0.02
MYARC0216 260163 59 60 1 0.01
MYARC0216 260166 60 61 1 0.02
MYARC0216 260167 61 62 1 0.01
MYARC0216 260168 62 63 1 0.02
MYARC0216 260169 63 64 1 0.09
MYARC0216 260170 64 65 1 0.04
MYARC0216 260171 65 66 1 0.08
MYARC0216 260172 66 67 1 0.01
MYARC0216 260173 67 68 1 0.02
MYARC0216 260174 68 69 1 0.03
MYARC0216 260175 69 70 1 0.03
MYARC0216 260176 70 71 1 0.005
MYARC0216 260177 71 72 1 0.01
MYARC0216 260178 72 73 1 0.01
MYARC0216 260179 73 74 1 0.02
MYARC0216 260180 74 75 1 0.005
MYARC0216 260181 75 76 1 0.01
MYARC0216 260182 76 77 1 0.005
MYARC0216 260183 77 78 1 0.005
MYARC0216 260184 78 79 1 0.005
MYARC0216 260185 79 80 1 0.005
MYARC0216 260188 80 81 1 0.005
MYARC0216 260189 81 82 1 0.005
MYARC0216 260190 82 83 1 0.005
MYARC0216 260191 83 84 1 0.02
MYARC0216 260192 84 85 1 0.005
MYARC0216 260193 85 86 1 0.005
MYARC0216 260194 86 87 1 0.005
MYARC0216 260195 87 88 1 0.04
MYARC0216 260196 88 89 1 0.005
MYARC0216 260197 89 90 1 0.005
MYARC0216 260198 90 91 1 0.005
MYARC0216 260199 91 92 1 0.01
MYARC0216 260200 92 93 1 0.005
MYARC0216 260201 93 94 1 0.005
MYARC0216 260202 94 95 1 0.01
MYARC0216 260203 95 96 1 0.005
MYARC0216 260204 96 97 1 0.005
MYARC0216 260205 97 98 1 0.005
MYARC0216 260206 98 99 1 0.01
MYARC0216 260207 99 100 1 0.01
MYARC0222 260941 0 1 1 0.02
MYARC0222 260942 1 2 1 0.02
MYARC0222 260943 2 3 1 0.01
MYARC0222 260944 3 4 1 0.02
MYARC0222 260945 4 5 1 0.01
MYARC0222 260946 5 6 1 0.15
MYARC0222 260947 6 7 1 0.02
MYARC0222 260948 7 8 1 0.02
MYARC0222 260949 8 9 1 0.71
MYARC0222 260950 9 10 1 0.04
MYARC0222 260951 10 11 1 >100 112
MYARC0222 260952 11 12 1 5.01
MYARC0222 260953 12 13 1 0.08
MYARC0222 260954 13 14 1 0.06
MYARC0222 260955 14 15 1 0.27
MYARC0222 260956 15 16 1 0.02
MYARC0222 260957 16 17 1 0.02
MYARC0222 260958 17 18 1 0.02
MYARC0222 260959 18 19 1 0.02
MYARC0222 260960 19 20 1 0.03
MYARC0222 260963 20 21 1 0.02
MYARC0222 260964 21 22 1 0.07
MYARC0222 260965 22 23 1 0.03
MYARC0222 260966 23 24 1 0.09
MYARC0222 260967 24 25 1 0.32
MYARC0222 260968 25 26 1 0.02
MYARC0222 260969 26 27 1 0.01
MYARC0222 260970 27 28 1 0.03
MYARC0222 260971 28 29 1 0.01
MYARC0222 260972 29 30 1 0.01
MYARC0222 260973 30 31 1 0.01
MYARC0222 260974 31 32 1 0.01
MYARC0222 260975 32 33 1 0.005
MYARC0222 260976 33 34 1 0.01
MYARC0222 260977 34 35 1 0.005
MYARC0222 260978 35 36 1 0.005
MYARC0222 260979 36 37 1 0.01
MYARC0222 260980 37 38 1 0.005
MYARC0222 260981 38 39 1 0.01
MYARC0222 260982 39 40 1 0.02
MYARC0222 260985 40 41 1 0.01
MYARC0222 260986 41 42 1 0.01
MYARC0222 260987 42 43 1 0.08
MYARC0222 260988 43 44 1 0.005
MYARC0222 260989 44 45 1 0.7
MYARC0222 260990 45 46 1 0.07
MYARC0222 260991 46 47 1 0.13
MYARC0222 260992 47 48 1 0.13
MYARC0222 260993 48 49 1 0.03
MYARC0222 260994 49 50 1 0.02
MYARC0222 260995 50 51 1 0.03
MYARC0222 260996 51 52 1 0.13
MYARC0222 260997 52 53 1 0.03
MYARC0222 260998 53 54 1 0.04
MYARC0222 260999 54 55 1 0.02
MYARC0222 261000 55 56 1 0.02
MYARC0222 261001 56 57 1 0.02
MYARC0222 261002 57 58 1 0.02
MYARC0222 261003 58 59 1 0.03
MYARC0222 261004 59 60 1 0.05
MYARC0222 261007 60 61 1 0.05
MYARC0222 261008 61 62 1 0.1
MYARC0222 261009 62 63 1 0.03
MYARC0222 261010 63 64 1 0.01
MYARC0222 261011 64 65 1 0.02
MYARC0222 261012 65 66 1 0.06
MYARC0222 261013 66 67 1 0.01
MYARC0222 261014 67 68 1 0.01
MYARC0222 261015 68 69 1 0.01
MYARC0222 261016 69 70 1 0.04
MYARC0222 261017 70 71 1 0.02
MYARC0222 261018 71 72 1 0.01
MYARC0222 261019 72 73 1 0.02
MYARC0222 261020 73 74 1 0.01
MYARC0222 261021 74 75 1 0.05
MYARC0222 261022 75 76 1 0.05
MYARC0222 261023 76 77 1 0.02
MYARC0222 261024 77 78 1 0.03
MYARC0222 261025 78 79 1 0.01
MYARC0222 261026 79 80 1 0.02
MYARC0222 261029 80 81 1 0.02
MYARC0222 261030 81 82 1 0.03
MYARC0222 261031 82 83 1 0.02
MYARC0222 261032 83 84 1 0.03
MYARC0222 261033 84 85 1 0.02
MYARC0222 261034 85 86 1 0.02
MYARC0222 261035 86 87 1 0.03
MYARC0222 261036 87 88 1 0.03
MYARC0222 261037 88 89 1 0.03
MYARC0222 261038 89 90 1 0.02
MYARC0222 261039 90 91 1 0.04
MYARC0222 261040 91 92 1 0.14
MYARC0222 261041 92 93 1 0.3
MYARC0222 261042 93 94 1 0.09
MYARC0222 261043 94 95 1 0.14
MYARC0222 261044 95 96 1 0.2
MYARC0222 261045 96 97 1 0.06
MYARC0222 261046 97 98 1 0.01
MYARC0222 261047 98 99 1 0.04
MYARC0222 261048 99 100 1 0.03
MYARC0222 261051 100 101 0.05
MYARC0222 261052 101 102 0.02
MYARC0222 261053 102 103 0.01
MYARC0222 261054 103 104 0.04
MYARC0222 261055 104 105 0.03
MYARC0222 261056 105 106 0.01
MYARC0222 261057 106 107 0.18
MYARC0222 261058 107 108 0.09
MYARC0222 261059 108 109 0.02
MYARC0222 261060 109 110 0.01
MYARC0222 261061 110 111 0.02
MYARC0222 261062 111 112 0.02
MYARC0222 261063 112 113 0.02
MYARC0222 261064 113 114 0.01
MYARC0222 261065 114 115 0.02
MYARC0222 261066 115 116 0.01
MYARC0222 261067 116 117 0.01
MYARC0222 261068 117 118 0.01
MYARC0222 261069 118 119 0.01
MYARC0222 261070 119 120 0.005
MYARC0222 261073 120 121 0.005
MYARC0222 261074 121 122 0.005
MYARC0222 261075 122 123 0.05
MYARC0222 261076 123 124 0.005
MYARC0222 261077 124 125 0.02
MYARC0222 261078 125 126 0.005
MYARC0222 261079 126 127 0.01
MYARC0222 261080 127 128 0.01
MYARC0222 261081 128 129 0.01
MYARC0222 261082 129 130 0.01
MYARC0222 261083 130 131 0.01
MYARC0222 261084 131 132 0.05
MYARC0222 261085 132 133 0.01
MYARC0222 261086 133 134 0.01
MYARC0222 261087 134 135 0.01
MYARC0222 261088 135 136 0.01
MYARC0222 261089 136 137 0.01
MYARC0222 261090 137 138 0.005
MYARC0222 261091 138 139 0.01
MYARC0222 261092 139 140 0.005
MYARC0222 261095 140 141 0.01
MYARC0222 261096 141 142 0.01
MYARC0222 261097 142 143 0.01
MYARC0222 261098 143 144 0.01
MYARC0222 261099 144 145 0.02
MYARC0222 261100 145 146 0.02
MYARC0222 261101 146 147 0.01
MYARC0222 261102 147 148 0.01
MYARC0222 261103 148 149 0.01
MYARC0222 261104 149 150 0.01
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