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home / news releases / ALKEF - Alkane Resources talks acquisition of new porpyhry gold-copper tenements in NSW

ALKEF - Alkane Resources talks acquisition of new porpyhry gold-copper tenements in NSW

Alkane Resources Ltd

(NewsDirect)

Alkane Resources Ltd (ASX:ALK) MD Nic Earner tells Proactive thecompany has entered into an agreement with Sandfire Resources Ltd toacquire two packages of exploration tenements in the Macquarie Arc ofNew South Wales in return for $1.9 million worth of ALK shares. Thetwo projects will be wholly acquired by Alkane with no underlyingroyalties or liabilities and are considered to be highly prospectivefor gold-copper porphyry deposits.

ContactDetails

Proactive Investors

JonathanJackson

+61 413 713 744

jonathan@proactiveinvestors.com

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Stock Information
Company Name: Alkane Resources Ltd
Stock Symbol: ALKEF
Market: OTC
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