Alkane Resources Intersects Nearly 58 Grams Per Tonne Grade of Gold at Victoria Deposit

MT Newswires Live08:01

Alkane Resources (ASX:ALK) intersected nearly 58 grams per tonne (g/t) grade of gold and 25% antimony over 0.25 meters during drilling of the True Blue deposit in Victoria, according to a Monday filing with the Australian bourse.

Further results from the Freeman veining within the deposit include nearly 21 (g/t) grade of gold and almost 20% antimony over 0.31 meters, 4.3 g/t grade of gold and 6.4% antimony over 0.8 meters, and 30 g/t grade of gold and nearly 15% antimony over 0.27 meters, the filing said.

Drilling mainly targeted infill of the upper portion of the deposit, boosting confidence in understanding the vein geometry and grade-controlling structures, per the filing.

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