ALK 1.46% 50.8¢ alkane resources limited

Ann: Quarterly Activities Report, page-2

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    Should have posted here. There's your update AP. Happy now? ;-)


    ➢ Two drill rigs are in operation at the Kaiser deposit comprising of one RC and one diamond core
    rig. These rigs are doing infill and extensional drilling to allow an update in the mineral resource
    estimate. The updated mineral resource estimation for Boda will be completed in the current
    quarter, Q4 2023, and for Kaiser in Q1 2024.
    Corporate
    ➢ Cash, bullion and listed investments position totalled A$94.4M.
    ➢ Significant investments made during the quarter in both growth and expansion at Tomingley
    (A$16.2m) and exploration (A$8.1m).
    ➢ Shareholding in ASX listed gold producer Calidus Resources Ltd (ASX:CAI) represents ~9.0%
    ownership of issued capital in Calidus at the end of the June quarter. Sale of Genesis Minerals
    Ltd (ASX: GMD) shareholding during the quarter yielded A$11.9m in cash.

 
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