ALK 0.57% 44.3¢ alkane resources limited

Ann: Significant Expansion to Mineralisation at Boda, page-46

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  1. 617 Posts.
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    Kaiser Drill results would hold more promise. DYOR.

    Interesting comments about monzogabbro dykes and sills in today's report.

    The high-grade zone intersected by KSDD007 of 96.8m grading 3.97g/t Au, 1.52% Cu from 768 metres
    (ASX Announcement 23 March 2020) is focused along a brecciated contact between monzogabbro dykes
    and sills and the volcanic host rocks. The monzogabbro unit is only intersected by KSDD007 and KSDD011
    to date and at this stage the high-grade mineralisation is not laterally extensive but is likely to be vertically
    extensive. The high-grade mineralisation may plunge steeply to the northwest along the contact with
    the monzogabbro unit and away from hole KSDD010 that is over 200m below KSDD007 and is subparallel
    to the current drilling direction. The high-grade mineralisation is the focus of further drilling and a drill
    hole will commence shortly testing this zone normal to the NW structural corridor.
    RC drill holes KSRC032 and KSRC038 terminated in mineralisation due to RC drilling capability and will be
    extended by diamond tails at a later date. Core holes KSDD014 – KSDD021 are scheduled in the current
    program.
 
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