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HomeFinTechAlkane Resources: Receives drilling results from Rosewell

Alkane Resources: Receives drilling results from Rosewell

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Alkane Resources: Receives drilling results from Rosewell

  • Alkane Resources has found significant interceptions on the San Antonio and Roswell prospects at its Tomlingley Gold Operations mine
  • The Tomingley mine has been operating since 2014 and is located in the Central West region of New South Wales
  • Alkane has also received assay results from 5000 metres of drilling as part of its ongoing program
  • Results include 84 metres at 4.06 grams per tonne (g/t) of gold from 223 metres and 2.9 metres grading at 78.6 g/t of gold from 248 metres
  • The company expecting to release an initial inferred resource by the end of this month
  • Alkane is up 8.15 per cent on the market this afternoon, trading at 73¢ per share

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