To continue to get a real handle on the "spark"that this Boda...

To continue to get a real handle on the "spark"that this Boda Drilling hole has ignited , and its proximity to NCM's Cadia/Ridgeway , its also worth having a look at the Red Chris Mine in Canada -----which NCM recently finalized a 70% buy in operating interest in for $A1.145 bill.
https://www.imperialmetals.com/our-operations/red-chris-mine/overview

2018 drilling significant intervals:

Drill Hole #Total
Length (m)Interval
From (m)Interval
To (m)Interval
Length (m)Copper
(%)Gold
(g/t)RC18-5881,057.6712.2896.0883.80.340.33including
381.9748.5366.60.530.60including
448.5616.0167.50.700.84

The Red Chris deep underground hole ( underneath an operating open cut mine ) had a wider overall intercept of copper /gold , but ALK's gold grades from this one discovery hole are likely higher and copper less :

KSDD003 502m @ 0.48g/t gold, 0.20% copper from 211 metres
incl 313m @ 0.62g/t gold, 0.17% copper from 228 metres
incl 12m @ 3.28g/t gold, 0.67% copper from 419 metres
and 35.8m @ 0.21g/t gold, 0.49% copper from 735 metres to EOH
Remember there is also an interval of 108m @ 1.06g/t gold, 0.41% copper from 408m in here .

Alkane has just scratched the surface here , with multiple surrounding target areas .
Whilst Tomingley South potential ( say 125,000 OZs of gold x a 10 year mine life , or 1,250K OZS overall ) is probably supporting Alkane's BASE CASE value somewhere about where it is ( combined with its other assets ) this Bodangora find is "the Big Kahuna" for its future .
Seeing the growth of Newcrest and Regis over the last 10 years ..and their share prices being multiples of what their discoveries brought about ....its not hard to get a realistic vision that ALKANE's share price growth is both in its infancy and is sustainable !