Alkane Resources pleased with high Boda recoveries
November 17, 2023 at 02:01 am IST
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Alkane Resources Ltd (ASX:ALK, OTC:ALKEF) MD Nic Earner tells Proactive the company has established a viable flowsheet for the processing of ore from the Boda and Kaiser gold-copper prospects within its North Molong Porphyry Project (NMPP) in Central New South Wales. Metallurgical test-work comprising conventional crushing, grinding and flotation circuits achieved overall recovery of 87.4% of copper and 80.9% of gold for Boda and 79.6% of copper and 70.7% of gold for Kaiser. Meanwhile, ALK has also reported further broad copper-gold results from drilling at Kaiser - the objective is to infill the inferred mineral resource estimation at the deposit, which currently contains 2.1 million ounces of gold and 500,000 tonnes of copper.
Earner said: “The high recoveries from the Boda ore are particularly pleasing as the concentrates produced were of a saleable quality with very low impurities, which is another box ticked. Indeed, we consider that the concentrate from this project would be in high demand, consistent with other producers in the district.
“The results of this test-work campaign and the process design criteria generated have been supplied to an engineering firm for a scoping level estimate of plant design and associated cost."
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.