Alkane Resources Limited (ASX:ALK)'s Nic Earner speaks with Proactive’s Andrew Scott about its maiden inferred mineral resource of 624 million tonnes grading at 0.51 g/t gold equivalent for 10.1 million gold equivalent ounces for the Boda deposit. The resource is a major milestone for ALK and follows an extensive drilling program at the Boda prospect in NSW. ALK’s managing director talks about how this initial resource highlights the significant potential of the prospect, as well as the larger Northern Molong Porphyry Project. Importantly, mineralisation extends over more than 3 kilometres from Boda Three to Kaiser. A shallower drilling program at Kaiser-Duke should enable an initial resource to be confirmed there as well. Shares after yesterday’s announcement were as much as 9.1% higher.
Alkane Resources delivers maiden resource at Boda
