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Alkane booms off The project area has already delivered surface Kaiser deposit. Drill intercept
some strong indications of a big porphyry highlights from KSRC027 included: 40m
Cadia-style potential system near surface at Kaiser and, along @ 1.30 g/t gold and 0.22% copper from
with the results from this diamond drill surface (including 10m @ 2.86 g/t and
Alkane Resources Ltd’s share price hole at Boda, we can see clear evidence 0.36% from surface), 2m @ 3.24 g/t and
boomed last month on the back of a sig- of Cadia-style mineralisation and grade 0.26% from 25m and, from KSRC029:
nificant discovery of porphyry gold-cop- over hundreds of metres. Alkane is imme- 32m @ 0.53 g/t and 0.27% from 2m (in-
per mineralisation at its Boda prospect, diately prioritising follow up drilling, seek- cluding 11m @ 1.09 g/t, 0.4% from 9m).
within the Northern Molong porphyry pro- ing to determine the scale of this highly Boda and Kaiser are part of the NMPP
ject (NMPP) in Central West New South encouraging discovery,” Alkane Resourc- which incorporates exploration licens-
Wales. es managing director Nic Earner said. es covering an area of 110sq km of the
The company went into a trading halt Drill intercept highlights at Boda from northern Molong Volcanic Belt. The area
on September 5 priced at 38c/share and KSDD003 included: 502m @ 0.48 g/t is considered highly prospective for large
when it announced the Boda discovery gold, 0.2% copper from 211m (includ- porphyry gold-copper mineralisation, as
on September 9 Alkane shares hit 56c. ing 313m @ 0.62 g/t, 0.17% from 228m, demonstrated by the Cadia Valley por-
At the time of print, Alkane was trading at including 12m @ 3.28 g/t, 0.67% from phyry district, south of the volcanic belt.
71c/share as interest in Boda intensified. 419m) and 35.8m @ 0.21 g/t, 0.49% from
“These drill results suggest a signifi- 735m to end-of-hole.
cant and exciting discovery in a region At Kaiser, assays confirmed strong Northern Minerals
that has a history of delivering large, low- gold-copper porphyry mineralisation
grade and long-life gold-copper mines. 200m south-east of the small near- dazzles
RC infill drilling at Dazzler, part of
Northern Minerals Ltd’s Browns Range
project, has produced a best ever result
of 52m @ 4.15% TREO from 20m (includ-
ing 18m @ 11.48% from 22m).
Another intersection of note was 20m
@ 0.62% TREO from 16m (including 4m
@ 1.91% from 22m), while a new discov-
ery south-east of Dazzler also produced
encouraging results.
Northern Minerals was continuing with
3,000m of infill and exploration RC drilling
in the Dazzler-Iceman area, while 1,500m
of exploration RC drilling at four other
prospects was also under way last month
at the West Australian project.

Lift off at Lake Rebecca
Strong drill results continue to be re-
ported from Apollo Consolidated Ltd’s
Lake Rebecca gold project in Western
Australia.
Diamond drilling at the Jennifer lode re-
turned 11.75m @ 2.28 g/t gold and 4m @
5.27 g/t (including 1m @ 17.46 g/t). Drill-
ing was continuing at Jennifer at the time
Nic Earner of print, including at the new target area

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