ALK 1.27% 40.0¢ alkane resources limited

Ann: Significant Expansion to Mineralisation at Boda, page-125

  1. 222 Posts.
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    Shame to see the sell off, I believe it's a combination of a few things, current world climate of supposed covid vaccine and Biden being elected which are both hurting the gold price... mix that with below par Boda drill results and you're going to have a bad few days.

    To be honest hole DD011 between discovery hole (DD003) and the best hole so far (DD007) was surprisingly ordinary... and to be brutally honest the remaining holes were nothing special either... Hole DD010 to the east of the best hole so far (DD007) showed nothing spectacular (sorry AQX holders)

    I'm really looking forward to results from hole RC033D and getting the diamond drill going north / north west of DD007 as that could potentially increase the high grade core we are all looking for around this bad boy!

    DD007 1,167m @ 0.55g/t gold, 0.25% copper from 75 metres
    incl 512m @ 1.00g/t gold, 0.44% copper from 688 metres

    incl 376m @ 1.30g/t gold, 0.56% copper from 768 metres
    incl 96.8m @ 3.97g/t gold, 1.52% copper from 768 metres


    Still a LONG way to go though being only 6829 meters through of a 30,000 meter drilling campaign.
 
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