Additional Information
Market: ASX
Sector: General Mining - Gold
EPIC: ALK
Latest Price: A$0.94  (-2.59% Descending)
52-week High: A$2.51
52-week Low: A$0.90
Market Cap: A$349.90M
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Alkane Resources Limited
www.alkane.com.au

Alkane Resources (ASX: ALK) is a multi commodity mining and exploration company focused on the Central West of New South Wales, Australia. Alkane's shares are also listed as American Depository Receipts (ADR's).  The company has built a gold resource inventory of over 1 million ounces at McPhillamys near Orange in a venture with Newmont Australia.

 

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.

 

 

Pdf

Alkane Resources establishes American Depositary Receipt Program

2nd Nov 2010, 9:15 am

Alkane Resources (ASX: ALK) has created a broader secondary market in its listed securities with the establishment of a sponsored American Depositary Receipt (ADR) Program, which allows US investors to trade Alkane securities without a cross currency transaction.

The ADRs will be tradeable through licensed US brokers in the ordinary course of trading in the over the counter market.

Alkane operations are focussed in the Central West of New South Wales, with the Dubbo Zirconia Project based upon a world class resource of the metals zirconium, hafnium, niobium, tantalum, yttrium and rare earth elements.

The comany's Tomingley Gold Project currently has an 840,000 ounce gold resource.

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