Multi commodity miner and explorer, Alkane Resources (ASX:ALK), has reported further drilling results its Tomingley Gold Project in central west NSW, showing further significant gold intercepts within the “Tomingley Gold Corridor”.
A 60,000-metre resource definition drilling program on the San Antonio and Roswell prospects to the immediate south of the Tomingley Gold Operations (TGO) mine and processing facility is in progress. Assay results have been received for a further ~8,000 metres, and now total 18,208 metres to date.
The drilling is being undertaken to define an initial inferred resource at the Roswell and San Antonio prospects with a nominal 40 metre by 40 metre drill hole spacing to a minimum 200 metre vertical depth. Assay results have been received for the 7,827 metres targeting the San Antonio and Roswell prospects.
The first phase of Roswell drilling is complete, samples are now being prepared and assayed, and will form part of an initial resource that is expected to be released in early December. San Antonio drilling is continuing.
The resource definition drilling is part of an extensive regional exploration program focused on the immediate mine area to the south of Tomingley with the aim of providing additional ore feed, either at surface or underground, in the future to TGO.
Today’s ASX announcement can be found here.