Shares in the company will remain halted until the earlier of either release of relevant information, or, the commencement of trading on Wednesday 19 February 2020.
Nearby porphyry discovery by Alkane
Alice Queen has an exploration focus at Horn Island in North Queensland and at its Northern Molong Projects in New South Wales.
The company commenced its 2020 exploration programs with drilling underway at both Horn Island and at Yarindury within the Northern Molong Projects.
The Northern Molong Projects comprise Mendooran North, Mendooran, Mendooran South, and Yarindury.
Alice Queen's Boda East prospect within Yarindury is located only 700 metres to the east of the Boda discovery.