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:

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

2.19 m @ 1.1 g/t from 170.44 m

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 ID

Width

From

To

Au g/t

MYADD0205

5 m

183

188

2.78

incl

1 m

183

184

6.89

incl

1 m

187

188

6.39

*MYADD0205

14 m

178

192

1.14

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 ID

Type

Depth

Dip

Azimuth

East MGA94

North MGA94

RL MGA

MYADD0205

DD

249.4

-71

270

334500

7235060

291

 

 

A map of a gold project AI-generated content may be incorrect.






















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  

  

[email protected]  

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 ID

Sample ID

From (m)

To (m)

Interval

Au g/t

Width

@

Grade

MYADD0205

B295000

6

6.8

0.8

0.01




MYADD0205

B295001

6.8

8.1

1.3

0.06




MYADD0205

B295002

8.1

9.1

1

0.02




MYADD0205

B295003

9.1

9.7

0.6

0.01




MYADD0205

B295004

31

32

1

0.01




MYADD0205

B295005

32

33

1

0.03




MYADD0205

B295006

33

34

1

0.01




MYADD0205

B295007

34

35

1

0.03




MYADD0205

B295008

35

36

1

0.02




MYADD0205

B295009

36

37

1

0.01




MYADD0205

B295010

37

38

1

0.02




MYADD0205

B295011

38

39

1

0.01




MYADD0205

B295012

39

40

1

0.005




MYADD0205

B295013

40

41

1

0.02




MYADD0205

B295014

41

42

1

0.06




MYADD0205

B295015

42

43

1

0.03




MYADD0205

B295016

43

44

1

0.01




MYADD0205

B295017

44

45

1

0.01




MYADD0205

B295018

45

46.3

1.3

0.005




MYADD0205

B295019

46.3

47

0.7

0.03




MYADD0205

B295022

47

48

1

0.005




MYADD0205

B295023

48

49

1

0.005




MYADD0205

B295024

49

50

1

0.005




MYADD0205

B295025

50

51

1

0.02




MYADD0205

B295026

51

52

1

0.08




MYADD0205

B295027

52

53

1

0.01




MYADD0205

B295028

53

54

1

0.01




MYADD0205

B295029

54

55

1

0.01




MYADD0205

B295030

55

56

1

0.005




MYADD0205

B295031

56

57

1

0.01




MYADD0205

B295032

57

58

1

0.01




MYADD0205

B295033

58

58.32

0.32

0.03




MYADD0205

B295034

58.32

59

0.68

0.01




MYADD0205

B295035

59

60

1

0.005




MYADD0205

B295036

60

61

1

0.01




MYADD0205

B295037

61

62

1

0.005




MYADD0205

B295038

62

63

1

0.02




MYADD0205

B295039

63

64

1

0.01




MYADD0205

B295040

64

65

1

0.01




MYADD0205

B295041

65

66

1

0.005




MYADD0205

B295042

66

67.16

1.16

0.005




MYADD0205

B295043

67.16

68

0.84

0.01




MYADD0205

B295045

68

69

1

0.01




MYADD0205

B295048

69

70

1

0.005




MYADD0205

B295049

70

71

1

0.03




MYADD0205

B295050

71

72

1

0.01




MYADD0205

B295051

72

73

1

0.02




MYADD0205

B295052

73

74

1

0.03




MYADD0205

B295053

74

75

1

0.005




MYADD0205

B295054

75

76

1

0.02




MYADD0205

B295055

76

77

1

0.01




MYADD0205

B295056

77

78

1

0.01




MYADD0205

B295057

78

79.28

1.28

0.01




MYADD0205

B295058

79.28

80

0.72

0.005




MYADD0205

B295059

80

81

1

0.005




MYADD0205

B295062

81

81.77

0.77

0.005




MYADD0205

B295063

81.77

83

1.23

0.005




MYADD0205

B295064

83

84

1

0.01




MYADD0205

B295065

84

85

1

0.01




MYADD0205

B295066

85

86

1

0.01




MYADD0205

B295067

86

87

1

0.03




MYADD0205

B295068

87

88

1

0.04




MYADD0205

B295069

88

89

1

0.005




MYADD0205

B295070

89

90

1

0.01




MYADD0205

B295071

90

91

1

0.005




MYADD0205

B295072

91

91.82

0.82

0.005




MYADD0205

B295073

91.82

93

1.18

0.01




MYADD0205

B295074

93

94

1

0.01




MYADD0205

B295075

94

95

1

0.005




MYADD0205

B295076

95

96

1

0.005




MYADD0205

B295077

96

97

1

0.07




MYADD0205

B295078

97

98

1

0.27




MYADD0205

B295079

98

99

1

0.02




MYADD0205

B295082

99

100

1

0.01




MYADD0205

B295083

100

101

1

0.01




MYADD0205

B295084

101

102

1

0.02




MYADD0205

B295085

102

103

1

0.01




MYADD0205

B295086

103

104

1

0.01




MYADD0205

B295087

104

105

1

0.05




MYADD0205

B295088

105

106

1

0.14




MYADD0205

B295089

106

107

1

0.11




MYADD0205

B295090

107

108

1

0.04




MYADD0205

B295091

108

109

1

0.63




MYADD0205

B295092

109

110

1

0.04




MYADD0205

B295093

110

111

1

0.07




MYADD0205

B295094

111

112

1

0.06




MYADD0205

B295095

112

113

1

0.33




MYADD0205

B295096

113

114

1

0.04




MYADD0205

B295097

114

115

1

0.03




MYADD0205

B295098

115

116

1

0.03




MYADD0205

B295099

116

117

1

0.02




MYADD0205

B295102

117

118

1

0.01




MYADD0205

B295103

118

119

1

0.03




MYADD0205

B295104

119

120

1

0.01




MYADD0205

B295105

120

121

1

0.01




MYADD0205

B295106

121

122

1

0.02




MYADD0205

B295107

122

123

1

0.01




MYADD0205

B295108

123

124

1

0.01




MYADD0205

B295109

124

125

1

0.01




MYADD0205

B295110

125

126

1

0.02




MYADD0205

B295111

126

127

1

0.32




MYADD0205

B295112

127

128

1

0.02




MYADD0205

B295113

128

128.5

0.5

0.02




MYADD0205

B295114

128.5

129

0.5

0.06




MYADD0205

B295115

129

130

1

0.06




MYADD0205

B295116

130

131

1

0.6




MYADD0205

B295117

131

132

1

0.5




MYADD0205

B295118

132

133

1

0.78




MYADD0205

B295119

133

133.5

0.5

0.32

3.5

@

0.55

MYADD0205

B295122

133.5

134

0.5

0.08




MYADD0205

B295123

134

135

1

0.04




MYADD0205

B295124

135

136

1

0.01




MYADD0205

B295125

136

137

1

0.03




MYADD0205

B295126

137

138

1

0.37




MYADD0205

B295127

138

139

1

0.08




MYADD0205

B295128

139

140

1

0.02




MYADD0205

B295129

140

141

1

0.01




MYADD0205

B295130

141

142

1

0.05




MYADD0205

B295131

142

143

1

0.01




MYADD0205

B295132

143

144

1

0.01




MYADD0205

B295133

144

145

1

0.03




MYADD0205

B295134

145

146

1

0.58




MYADD0205

B295135

146

147

1

0.01




MYADD0205

B295136

147

148

1

0.02




MYADD0205

B295137

148

149

1

0.04




MYADD0205

B295138

149

150

1

0.03




MYADD0205

B295139

150

151

1

0.06




MYADD0205

B295142

151

152

1

0.44




MYADD0205

B295143

152

153

1

0.08




MYADD0205

B295144

153

154

1

0.01




MYADD0205

B295145

154

155

1

0.04




MYADD0205

B295146

155

156

1

0.09




MYADD0205

B295147

156

157

1

0.13




MYADD0205

B295148

157

158

1

0.05




MYADD0205

B295149

158

159

1

0.05




MYADD0205

B295150

159

160

1

0.03




MYADD0205

B295151

160

161

1

0.02




MYADD0205

B295152

161

162

1

0.02




MYADD0205

B295153

162

163

1

0.03




MYADD0205

B295154

163

164

1

0.01




MYADD0205

B295155

164

165

1

0.02




MYADD0205

B295156

165

166

1

0.02




MYADD0205

B295157

166

167

1

0.05




MYADD0205

B295158

167

168

1

0.02




MYADD0205

B295159

168

169

1

0.08




MYADD0205

B295162

169

170

1

0.03




MYADD0205

B295163

170

170.44

0.44

0.09




MYADD0205

B295164

170.44

171

0.56

0.52




MYADD0205

B295165

171

172

1

2.22




MYADD0205

B295166

172

172.63

0.63

0.58

2.78

@

1.11

MYADD0205

B295168

172.63

173

0.37

0.11




MYADD0205

B295169

173

174

1

0.1




MYADD0205

B295170

174

175

1

0.03




MYADD0205

B295171

175

176

1

0.01




MYADD0205

B295172

176

177

1

0.01




MYADD0205

B295173

177

178

1

0.01




MYADD0205

B295174

178

179

1

1.37




MYADD0205

B295175

179

180

1

0.04




MYADD0205

B295176

180

181

1

0.05




MYADD0205

B295177

181

182

1

0.06




MYADD0205

B295178

182

183

1

0.01




MYADD0205

B295179

183

184

1

6.89




MYADD0205

B295182

184

185

1

0.19




MYADD0205

B295183

185

186

1

0.34




MYADD0205

B295184

186

187

1

0.06




MYADD0205

B295185

187

188

1

6.39

5

@

2.78

MYADD0205

B295186

188

189

1

0.04




MYADD0205

B295187

189

190

1

0.05




MYADD0205

B295188

190

191

1

0.24




MYADD0205

B295189

191

192

1

0.21




MYADD0205

B295190

192

193

1

0.02




MYADD0205

B295191

193

194

1

0.09




MYADD0205

B295192

194

195

1

0.09




MYADD0205

B295193

195

196

1

0.05




MYADD0205

B295194

196

197

1

0.43

14

@

1.1

MYADD0205

B295195

197

198

1

0.05




MYADD0205

B295196

198

199

1

0.04




MYADD0205

B295197

199

200

1

0.03




MYADD0205

B295198

200

200.96

0.96

0.01




MYADD0205

B295199

200.96

202

1.04

0.11




MYADD0205

B295202

202

203

1

0.01




MYADD0205

B295203

203

204

1

0.01




MYADD0205

B295204

204

205

1

0.11




MYADD0205

B295205

205

206

1

0.03




MYADD0205

B295206

206

207

1

0.29




MYADD0205

B295207

207

208

1

0.04




MYADD0205

B295208

208

209

1

0.02




MYADD0205

B295209

209

210

1

0.03




MYADD0205

B295210

210

210.4

0.4

0.05




MYADD0205

B295211

210.4

211

0.6

0.02




MYADD0205

B295212

211

212

1

0.02




MYADD0205

B295213

212

213

1

0.08




MYADD0205

B295214

213

214

1

0.02




MYADD0205

B295215

214

215

1

0.02




MYADD0205

B295216

215

216

1

0.04




MYADD0205

B295217

216

217

1

0.02




MYADD0205

B295218

217

218

1

1.16




MYADD0205

B295219

218

219

1

0.01




MYADD0205

B295222

219

220

1

0.03




MYADD0205

B295223

220

221

1

0.01




MYADD0205

B295224

221

222

1

0.48




MYADD0205

B295225

222

223

1

0.01




MYADD0205

B295226

223

224

1

0.04




MYADD0205

B295227

224

225

1

0.02




MYADD0205

B295228

225

226

1

0.6




MYADD0205

B295229

226

227

1

0.05




MYADD0205

B295230

227

228

1

0.52




MYADD0205

B295231

228

229

1

0.03




MYADD0205

B295232

229

229.8

0.8

0.03




MYADD0205

B295233

229.8

231

1.2

1.16




MYADD0205

B295234

231

232

1

0.38




MYADD0205

B295236

232

233

1

0.34




MYADD0205

B295237

233

234

1

0.27

4

@

0.54

MYADD0205

B295238

234

235

1

0.07




MYADD0205

B295239

235

236

1

0.03




MYADD0205

B295242

236

237

1

0.03




MYADD0205

B295243

237

238

1

0.41




MYADD0205

B295244

238

239

1

0.02




MYADD0205

B295245

239

240

1

0.06




MYADD0205

B295246

240

241

1

0.03




MYADD0205

B295247

241

242

1

0.08




MYADD0205

B295248

242

243

1

0.11




MYADD0205

B295249

243

244

1

0.02




MYADD0205

B295250

244

245

1

0.01




MYADD0205

B295251

245

246

1

0.06




MYADD0205

B295252

246

247

1

0.02




MYADD0205

B295253

247

248

1

0.02




MYADD0205

B295254

248

249

1

0.04




MYADD0206

B295255

249

249.4

0.4

0.09




 

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