ALK 2.56% 57.0¢ alkane resources limited

Ann: Ext Au-Cu Mineralisation at Korridor and New Kaiser results, page-4

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    if ALK can repeat the results from 091 by changing the angle of the drilling in order to better target the mineralisation that has more complex shape due to local faults they can delineate decent resource as addition to existing Boda resource with improved grade.
    The Korridor looks very promising now and could be continuous mineralisation from Boda all the way to Kaiser.

    94 and 98 did not find the cemented breccia up or down from 090 so ALK will be testing the strike of 090. The breccia could be extensive at strike and may have more debt at other part of the strike. But that's all speculation and only more drilling can tell us what the area holds.
    Still, 073, 087 and 090 offer good grades and will be good addition to the overall resource one day. I would hoped to see 098 hitting the breccia again though.
    Once they drill north-west of 090 we will get better understanding if ALK hit the limit here and Konigin and Driell should be treated as completely separate prospects.
    Too early to say anything about Konigin.
    Boda2 & 3 are also in early stage. But I know there is an area with decent Au grades at the bottom of Boda2 - the pyrite shell. I am sure ALK is drilling there in order to get enough data to learn how this shell relates to the porphyry. Hopefully they find something even better there but for that to happen I think they may need to drill real deep.
    I am really keen to see the west-east hole they said they will drill there and hope it's really deep hole as the best grades down there are mostly on the eastern side. Same as with the zone around 005 - hence why I have been asking for such hole there too or at least a hole around 200m behind 005 and drilled east - west if they want to stick with that orientation.


 
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