Alkane Resources (ASX:ALK) intersected high-grade gold and antimony mineralization during recent diamond drilling at the Brunswick South deposit of its Costerfield operation in central Victoria, according to a Tuesday Australian bourse filing.
The results were of up to 50.1 grams per tonne gold and 26.2% antimony over 2.17 meters, with drilling continuing to identify extensions to the deeper gold-dominant Kiwi zone, the filing added.
An updated mineral resource estimate with an initial ore reserve is due to be released later in the year, it added.
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