Alkane Resources shares surge following further high-grade gold-copper hits at Boda Prospect
Assays received from the current drilling program at Boda and Boda Two comprised of seven diamond core holes for a total of 10,091 metres. 0.3 metres grading 43.4g/t gold, 7.8% copper from 886.4 metres.
Alkane Resources Limited’s (ASX:ALK) shares have surged about 16% intra-day following the intersection of further high-grade mineralisation at the Boda Prospect in Central West New South Wales.
Boda is a landmark porphyry gold-copper system, within the Northern Molong Porphyry Project (NMPP), which Alkane believes has the potential to be a large, tier one gold-copper project.
Two diamond core holes at Boda, KSDD029 and KSDD031, were designed to intersect the northwest structural trend and test down plunge of the high-grade breccia identified by KSDD007 and KSDD028.
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