ALK 3.45% 42.0¢ alkane resources limited

Ann: Significant Au Intercepts Confirm Potential Tomingley ext., page-44

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    Article refers to budgeted "$2 mill dollars of drilling " planned to further test new prospects . I suspect it will be more like $ 6 mill plus ( 50,000 metres by circa $120 per metre for RC drilling , with likely some deeper diamond holes @ circa $200 p.m. .
    Alkane has the necessary cash ...and once the results are known for the drilling now done for the 300 metres between Roswell and San Antonio , together with other outstanding completed drilling , the total area resource drill out should get underway .
    Weather permitting ---by the time the actual Underground mining of ore at Tomingley commences around September , there will be a substantial proportion of the new drill out completed .
 
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