ALK 3.67% 52.5¢ alkane resources limited

ALK chart, page-239

  1. 1,404 Posts.
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    Nicely said , Destria
    As a geo, tell people why it is near on impossible to drill 500+ meter intercepts at boda and the next hole be a duster.
    Undoubtedly , one of the strong reasons ALK has held up so well in the softness in gold stocks today .
    The 14th Nov Announcement of the 5 hole follow up drill programme , shows the location of the first hole starting 100 metres east of the discovery hole , which will /has been planned to end up 400 m + below the Discovery hole .
    Then subsequent holes ...one starting 100 m south , one starting 100 m north , and a further 2 holes x 100 metre northerly step .out holes .
    So the first three holes of this current programme ...hard pressed to not hit similar mineralisation , just more a question at what intervals , continuity, grade ( incl.better intervals within ) . The last two step out holes ....starting 200 and 300 metres north from the discovery hole ...offer the biggest intrigue ( at this stage ) as to the continuity of the northerly aspect of the ore body .
    Need a little bit of patience ....is all , IMO .....to see this start to really start to positively unfold .
 
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