ALK 2.73% 53.5¢ alkane resources limited

Ann: Investor Presentation - Bell Potter Unearthed, page-23

  1. 7,764 Posts.
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    @subi1

    This is what I mean when they drill MRE for central Boda. They kill two birds with one shot. Add more inferred resource to the east-south/east and end up with some indicated resource at the first MRE.
    The circled area in yellow and orange will be the target for the inferred resource and anything to the west (rest of the drill holes) will be to upgrade the existing MRE from inferred to indicated if they get enough density. Or they may end up drilling few more holes from north/west to ensure they meet the JORC criteria for indicated resource. And I doubt they will need many holes (if any) to achieve that once they drill the holes I roughly marked.

    be aware this is very rough drawing and its purpose is to give people very rough idea of what I think ALK will do next.

    https://hotcopper.com.au/data/attachments/5039/5039907-40a88e53f10f498da1dbf4443723cf3f.jpg
    Last edited by Antipater_100: 09/02/23
 
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