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Alkane Resources Ltd's Nic Earner updates on demerger progress and next steps at Tomingley

Alkane Resources Limited’s (ASX:ALK) Nic Earner recaps on plans to split subsidiary Australia Strategic Materials which houses their Dubbo project and JV in Korea from its gold business which will remain as Alkane.

Earner also updates on work at Tomingley as well as recent results from the Boda gold-copper discovery.

On Boda, he says: ''We're going to launch a substantial programme as soon as practicable and we're going to get on the ground and focus on the high grade core as well as some other regional targets we've identified''.

Quick facts: Alkane Resources Ltd

Price: 1.475 AUD

Market: ASX
Market Cap: $878.2 m

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