Alkane Resources further extends mineralisation at Boda
August 07, 2023 at 09:46 pm IST
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Alkane Resources Ltd (ASX:ALK) MD Nic Earner tells Proactive the company has extended the gold and copper mineralised footprint at its Northern Molong Porphyry Project (NMPP) in Central New South Wales with further significant results from the project’s Boda, Boda Two and Boda Three targets. ALK has been running a drill program over a 3-kilometre mineralised zone spanning NMPP’s Kaiser and the Boda targets to prove up a large tier-one gold and copper camp. Core and reverse circulation (RC) drilling is ongoing at Kaiser, while the program at the Boda targets has been completed.
“The current program of drilling at Boda and Boda Two and Three is now completed and the drill core is being progressively sampled and analysed,” Earner said.
“These current results show that mineralisation extends further to the northwest down plunge towards Kaiser and south into Boda Three.
“We will be receiving results from the Boda complex drilling into September, which positions us well for an update to the mineral resource estimate before the end of the year.”
Contact Details
Proactive Investors
Jonathan Jackson
+61 413 713 744
jonathan@proactiveinvestors.com
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Alkane Resources Limited is an Australia-based gold exploration, development and production company. The Companyâs projects and operations primarily located in central western New South Wales. The Company's projects include Tomingley Gold Project, which include Tomingley Gold Operations, Tomingley Gold Extension Project, and Peak Hill Gold Mine; Northern Molong Porphyry Project (NMPP), which includes Boda & Kaiser; and Other Projects, which includes other exploration Projects. The Tomingley Gold Project covers an area of approximately 440 square kilometers (km), stretching 60 km north-south along the Newell Highway in central-western New South Wales. The prospective belt extends from near the village of Tomingley in the north, through Peak Hill and almost to Parkes in the south. NMPP covers an area of approximately 115 square km, centered approximately 20 km north of Wellington and approximately 35 km east of Dubbo in central western New South Wales.