ALK 7.41% 43.5¢ alkane resources limited

Ann: Change of Director's Interest Notice, page-22

  1. 8,009 Posts.
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    interesting and could turn to be true. I remember all their holes they drilled there and yes they did hit number of narrow veins. If they are leakages then AQX could make a discovery.
    But the intrusion could be on ALK's side on potentially be seating on the boundary and both companies can share it.

    ALK did hit number of high grade zones on the eastern boundary and they never followed up to test the eastern side. I have been pushing for this for over 3 years now. If you see ALK's hole 005 at Boda (the discovery hole and I will post cross section below) you will notice they hit really good grades on the eastern side.
    Yesterday I sent ALK an email asking if they are planning to follow up on that.

    But how will that influence MAG's SP? I'd say today's action is not related to AQX as it is too far from MAG and any discovery on this side can only impact AQX and potentially ALK.

    What you are seeing below is about 700m from AQX boundary and where AQX are drilling.

    https://hotcopper.com.au/data/attachments/4716/4716887-7fa197240b0fd70a8502ada132516741.jpg

 
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