viewAlkane Resources Ltd

Alkane Resources intersects broad gold mineralisation near Tomingley process plant

Alkane Resources Limited (ASX:ALK) managing director Nic  Earner updates Proactive Investors on the company's drilling results from near the process plant of its Tomingley Gold 3Operations in NSW.
"We've got over 70 metres at above 3 g/t gold ... this area is between two prospects we've previously identified, Earner says. 
He continues, "What we're seeing is 1,600 metres of continuous gold mineralisation right there next to our process facility," says Earner.
Commenting on Alkane's recent doubling share price, Earner ascribes the upwards movement to Alkane's rare earths business, the company's continued definition of a potential gold resource and that Alkane continued to exceed gold production guidance at Tomingley.

Quick facts: Alkane Resources Ltd

Price: 0.62 AUD

Market: ASX
Market Cap: $313.78 m

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events


The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

In exchange for publishing services rendered by the Company on behalf of Alkane Resources Ltd named herein, including the promotion by the Company of Alkane Resources Ltd in any Content on the Site, the Company...



Full interview: Alkane Resources share price rises on news of discovery at...

Alkane Resources Limited (ASX: ALK) managing director Nic Earner updates Proactive on the recent discovery of "significant" porphyry gold-copper mineralisation at Boda prospect within the company’s Northern Molong Porphyry Project in Central West NSW. Earner says the market seems to have...

on 20/9/19

2 min read