ALK - Alkane Resources delivers promising results ahead of gold-copper resource update

(NewsDirect)

Alkane Resources Ltd(ASX:ALK) managing director Nic Earner joins Proactive’s JonathanJackson in the Australian studio to talk about promising from recentinfill drilling at the Northern Molong Porphyry Project (NMPP) inCentral West NSW. Earner takes us through the highlights of theprogram and its aims to evaluate the potential of the Kaiser depositas the company moves towards a gold-copper resource update at NMPP.Results yielded several broad intersections that reveal notable gradesof gold and copper and give the company confidence in the continuityand extent of mineralisation across the project. Final results areexpected to be available in March and the updated resource completedin March/April.

Earner said: “The shallow infill drilling at Kaiser has beencompleted, showing higher grades from surface in these latest resultsas well as strong continuity of mineralisation at depth. Both thenear-surface grades and continuity at depth are encouraging as we lookto update the Kaiser mineral resource estimate.

“We expect to have the final resultsavailable to announce in March and the updated resource completed inMarch/April. The updated Kaiser resource estimate and the recentlyreleased Boda resource update will then be combined in a scoping studyto demonstrate the size and scale of these deposits as well as theirpotential economic value."

ContactDetails

Proactive Investors

JonathanJackson

+61 413 713 744

jonathan@proactiveinvestors.com

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