ALK 0.89% 55.5¢ alkane resources limited

I think I found another possible hole that is about 300m behind...

  1. 7,561 Posts.
    lightbulb Created with Sketch. 1424
    I think I found another possible hole that is about 300m behind (west) from 108. There are 3 possible areas ALK can test from there.

    The very first (top) is to test below 094 and below Reids Fault - very unlikely as such hole will require super deep hole and ALK needs to know the displacement of Reids Fault.
    Second one (middle) is more possible hole as that can test below 094 but above Reids Fault which is significant area. Still deep hole but not super deep.
    Third (bottom) is also unlikely unless ALK wants to test if there is any mineralisation further west. If the hole was only about 100m behind 108 I would thought they wanted to test right below 108 but around 300m behind 108 such hole will be very deep by the time it gets to the target. But who knows... they may have seen something that triggered them to do this.

    Certainly encouraging signs as long as those marks are real holes and not marks made by the farmer playing around in the field with his tractor.

    https://hotcopper.com.au/data/attachments/6100/6100167-b28b3aa6c080cf51da2a58036caa7d2f.jpg

 
watchlist Created with Sketch. Add ALK (ASX) to my watchlist
(20min delay)
Last
55.5¢
Change
-0.005(0.89%)
Mkt cap ! $334.9M
Open High Low Value Volume
56.5¢ 57.0¢ 55.0¢ $233.7K 418.8K

Buyers (Bids)

No. Vol. Price($)
14 266447 55.0¢
 

Sellers (Offers)

Price($) Vol. No.
55.5¢ 6168 1
View Market Depth
Last trade - 15.50pm 03/06/2024 (20 minute delay) ?
Last
55.5¢
  Change
-0.005 ( 2.19 %)
Open High Low Volume
57.5¢ 57.5¢ 55.0¢ 188966
Last updated 15.57pm 03/06/2024 ?
ALK (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.