Mila Resources (LSE:MILA), the Australia-focused gold and copper resource development company, has started target generation for its next drilling phase at the Yarrol Gold Project in Queensland.
The work builds on roughly 5,000 metres of drilling completed to date, which confirmed the scale and continuity of the Yarrol gold system and showed mineralisation remains open in multiple directions.
Mila has partnered with London-based AI geoscience specialist MINML, which has calibrated its machine learning platform using Mila's geological interpretations from the past 18 months alongside historical exploration data.
The updated model will be used to delineate targets beyond the one kilometre of strike already tested, across a 20-kilometre fault system with potential for further mineralised bodies.
Chief operating officer Alastair Goodship is on site overseeing final target selection and preparations for the funded 1,400-metre programme.
The company is pursuing a two-track strategy: near-term drilling to extend known mineralisation and support an updated mineral resource estimate, alongside district-scale testing of the wider Yarrol Fault corridor.
Separately, interpretation of recently completed induced polarisation surveys at copper targets on the Monal licences is ongoing, with an update expected shortly.
"This detailed model will be used to delineate multiple targets beyond the 1km of strike already tested and realise potential for more mineralised bodies to be found along the 20km fault," said executive director Mark Stephenson.
News Intelligence what this means for the company
Mila Resources has partnered with AI geoscience firm MINML to generate drill targets at Yarrol using machine learning calibrated on 18 months of the company's geological work and historical data. The partnership will guide a 1,400-metre drilling programme designed to test mineralisation beyond the 1 kilometre of strike already drilled and across the wider 20-kilometre fault system. This represents a methodological refinement of exploration strategy rather than a material discovery or funding event; the company has raised £600,000 via share placing to fund near-term work, and this announcement signals how that capital will be deployed.
The AI-assisted targeting approach may improve drilling efficiency and reduce dry-hole risk at Yarrol, but the investment case remains dependent on whether the 1,400-metre programme delivers assay results that extend the known mineralisation or unlock new zones. No new capital, resource estimate update, or material exploration result is announced here—only a refinement of the targeting methodology ahead of drilling.
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