ALKEF - Alkane says Boda shaping up as tier-one gold-copper resource

(NewsDirect)

Alkane Resources Ltd(ASX:ALK, OTC:ALKEF) MD Nic Earner speaks with Proactive afterreporting extensive high-grade results from the company’s nowcomplete infill drilling program at the Boda prospect within theNorthern Molong porphyry project in central NSW. Extending over fivekilometres from Kaiser to Boda, through Boda 2-3 and south to Boda 4,the drilling was designed to infill the inferred Boda mineral resourceestimation to a nominal 50-metre grid spacing. Earner says Bodacontinues to evolve towards its potential as a large, tier onegold-copper resource.

Earner said: “Boda continues to evolve towards its potentialas a large, tier one gold-copper resource.

“The current programof infill drilling is now complete, it is particularly pleasing to seenot only further mineable grades over extensive intervals, but alsonew zones of higher-grade mineralisation and expansions of high-gradezones previously identified.

“Ourexploration team is continuing infill drilling at Kaiser, as well asworking on the updated resource estimate for Boda. This is building toa preliminary economic assessment that is currently underway and willbe completed once the Kaiser resource is updated in Q12024.”

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JonathanJackson

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