Multiple High Grade Gold Zones In Tomingley Regional Program - Alkane Resources Ltd
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Multiple High Grade Gold Zones In Tomingley Regional Program

  • An extensive regional exploration program focused on the immediate mine area to the south of Tomingley has continued as part of the plan to provide additional ore feed, either via open cut or underground, for the future of the Tomingley Gold Operations (TGO).
  • RC and diamond core drilling is underway to further understand the potential for gold resources at Roswell, San Antonio and El Paso prospects. These prospects have a cumulative strike length of 2,500 metres.
  • RC drilling results were received for the Roswell prospect confirming multiple high grade gold lodes at Roswell Prospect 3 kilometres south of the TGO mine with intercepts of:
    • RWRC023 39 metres grading 4.49g/t Au from 123 metres;
    • incl 9 metres grading 8.43g/t Au from 123 metres;
    • and 6 metres grading 4.70g/t Au from 189 metres;
    • and 21 metres grading 2.46g/t Au from 207 metres;
    • incl 8 metres grading 4.83g/t Au from 217 metres;
    • and 26 metres grading 2.48g/t Au from 234 metres to end of hole;
    • incl 3 metres grading 5.57g/t Au from 234 metres;
    • also 3 metres grading 4.63g/t Au from 249 metres.
  • Significant gold mineralisation at Roswell is confirmed over a strike length of 350 metres. RWRC023 was drilled on the southernmost RC drill traverse and high grade gold mineralisation is open to the south.