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Additional Information
Market: ASX
Sector: General Mining
Epic: .ALK
News: Latest news
Web Site: Alkane Resources Limited
Other Articles: 25-02-201002-02-201022-01-2010

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Thursday March 18, 08:01SmartFocus, Amphion Innovations and National Milk Records confirmed for March 18 Forum

The presentations will start at 6:00pm and finish at approx 7:30pm. After the presentations are complete the directors will also be available to take questions during a free canapé and wine reception.

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Thursday March 18, 01:14Cisco remains at the forefront of internet infrastructure

The stock has recently managed to breakout above the long term resistance found at the $25 level which should now provide support for any pullback before the share price drives higher

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Monday March 15, 08:01China's growth boosting commodity prices

The latest economic figures from China have put pressure on the dollar and boosted a number of high-yielding currencies, including the Australian dollar and the South African rand.

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Alkane Resources Limited

Alkane Resources Limited

Alkane Resources (ASX: ALK) is a multi commodity mining and exploration company focused on the Central West of New South Wales, Australia.  The Company has built a gold resource inventory of over 1 million ounces and plans recommence operations in 2010 through a new development at Tomingley.  Alkane, in partnership with Newmont, has also made another significant gold discovery at McPhillamys near Orange.

The company has an advanced feasibility study in progress for the development of the Dubbo Zirconia Project which is based upon a very large in-ground resource of the metals zirconium, hafnium, niobium, tantalum, yttrium and rare earth elements.

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Monday, November 02, 2009

Alkane Resources reports even more significant high grade gold results at Caloma

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A geotechnical core hole drilled by Alkane Resources Ltd (ASX: ALK) into the northern end of the Caloma deposit at its Tomingley gold project in Central NSW has intersected significant high grade gold mineralisation.

These intersections, like those previously reported in October, continue to support the concept for the future development of an underground operation at Caloma, in addition to the currently defined deep mineralisation at Wyoming One, said Alkane managing director Ian Chalmers.

The Definitive Feasibility Study for the Tomingley Gold Project is progressing with a revised completion date by the end of November.

The Tomingley Gold Project, which is located about 400 kilometres northwest of Sydney, is centred on three gold deposits located 14 kilometres north of the company’s Peak Hill gold mine.

 A programme of 14 core holes was completed to test the geotechnical characteristics of the transported clays covering most of the site.

A further 15 core holes were completed to measure the geotechnical characteristics of the proposed open pit walls for all three deposits.

Data generated by this drilling campaign is still being assessed.

A vertical core hole was drilled near the centre of the deposit Caloma for additional metallurgical data.

Results from this hole, PEGT 007, were reported to the ASX on 2 October and confirmed the stacked multiple mineralised lenses within the current pit shell, but also demonstrated continuation of the mineralising system to a depth of at least 360 metres, 180 metres below the planned pit floor.

The core from the pit wall geotechnical holes has been systematically logged for its geological and engineering characteristics, and selected zones of alteration and mineralisation have been sampled.

Significant results reported from Hole PEGT 004 were: 18 metres grading 8.13g/t gold from 175 metres including 2 metres grading 20.41g/t gold from 176 metres; 2 metres grading 43.05g/t gold from 181 metres, also 5.15 metres grading 15.47g/t gold from 201.85 metres including 1.85 metres grading 34.94g/t gold from 201.85 metres.

This hole was located on the northwest flank of the proposed Caloma pit and drilled towards the south parallel to the pit wall. The hole intersected several zones of mineralisation with patches of visible gold.

Some of this mineralisation is within the current proposed pit shell, confirming continuity of defined ore zones, but intercepts below about 185 metres are currently outside

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