Alkane Resources - Boda resource estimate within five months
On 22 October, Alkane announced the results to a further 19 diamond core and reverse circulation (RC) drill holes at it Northern Molong Porphyry Project. As well as continuing to delineate the strike and dip extent of the porphyry mineralisation at Boda, in this case, Alkane also announced results from Boda Two and Three (to the south of Boda) and Kaiser (to the northwest). Individual intercepts at Boda ranged from 1m at 18.6g/t gold to 11m at 2.88g/t and wider, while one at Kaiser recorded 4.94g/t gold over 2m.Alkane Resources is a mining and exploration company with a focus on gold, copper, zirconium, hafnium, niobium and rare earth elements. Co. has two reportable segments, being gold operations and the exploration and evaluation of rare metals. Co.'s projects and operations are located in the Central West of New South Wales in eastern Australia. Primary among them are the Tomingley Gold Operations, a medium-sized gold operation near Dubbo in which Co. is engaged in the production of gold. Co. is also developing the Dubbo Zirconia Project, which will produce zirconium, hafnium, niobium and rare earths.
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