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Alkane Resources drills 689-metre gold-copper porphyry section at Boda discovery

Proactive Investors Thursday, 13 February 2020 ()
Alkane Resources Ltd (ASX:ALK) has intersected 689 metres at 0.46 g/t gold, 0.19% copper from 402 metres depth at the Boda Prospect within the Northern Molong Porphyry Project in NSW. Diamond hole KSDD0005 was testing 200 metres below the 507-metre discovery zone of gold-copper mineralisation drilled in KSDD003. Most notably, KSDD005 assay results indicate an increase in thickness of significant porphyry gold-copper mineralisation with depth. The drilling is part of a 5,000-metre diamond core drilling exploration program to test the depth and strike extensions to the significant porphyry gold-copper mineralisation at Boda. Results are further evidence of a big porphyry system Alkane’s managing director Nic Earner said: “These drill results give us further encouragement that the Boda Prospect is a significant discovery. “The continuation of grade at depth and the consistency of mineralisation are further evidence of a big porphyry system. “Alkane is continuing its follow up drilling, we look forward to bring shareholders further results as they become available.”
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