Announcement Date: 2022-07-18
Announcement Type: Drilling Results
Announcement Code: JORC
Company name: Alkane Resources Ltd.
Project name: Northern Molong
Location: Australia
Commodities: Gold,Copper
Highlight: Drilling results incl. 306m @ 0.57g/t Au, 0.04% Cu from 928m
Resources: only available to subscribers
CP/QP: only available to subscribers
Announcement summary: Alkane Resources Limited (ASX: ALK) announces the first set of results from its initial resource drilling program at the Company’s Kaiser Prospect in Central New South Wales. Kaiser is to the immediate north-west of the landmark Boda porphyry gold-copper system, within the Northern Molong Porphyry Project, which the Company believes has the potential to be a large, tier one gold-copper project. Alkane also operates the nearby Tomingley Gold Operations (‘Tomingley’). The NMPP is located in central west NSW at the northern end of the Molong Volcanic Belt of the Macquarie Arc and is considered highly prospective for large scale porphyry and epithermal gold-copper deposits. Exploration in the NMPP has already identified five discrete magnetic/intrusive complexes – Kaiser, Boda, Comobella, Driell Creek and Finns Crossing – within a 15km northwest trending corridor. The corridor is defined by intermediate intrusives, lavas and breccias, extensive alteration and widespread, low-grade, gold-copper mineralisation. A major RC and diamond core drilling program commenced in July 2020, designed to test the dimensions and extensions to the large low-grade mineralised envelope as well as any internal high-grade zones at Boda. In addition, the drill program is testing other known gold-copper mineralisation occurrences and co-incident IP anomalies within the 15 km monzonite intrusive corridor that extends from Boda Three to Finns Crossing.
Read More

Pricing Plans

We are a SaaS business and access to announcements and data is by subscription. We offer monthly subscriptions and discounts for annual payments.

Standard

$ 10
Per Month

Stay up to date with the global mining industry.

  • The Opaxe Review
  • Search using Explore
  • 37,000 company announcements

Premium

$ 100
Per Month

Comes with Alerts and lots of data, perfect for: Mining Companies, Consultants, and Share Traders

  • All Essential plan features; plus
  • Announcement Alerts and Notifications
  • Drilling result comparisons
  • Downloadable intercept data
  • Resources and reserves data