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Alkane Resources Ltd chairman Ian Gandel buys shares worth $2.92 million


Alkane Resources chairman Ian Gandel buys shares worth $2.92 million
Alkane produced 16,000 ounces of gold at the Tomingley Gold Mine in NSW during the March quarter which exceeded stockbroker Ord Minnett’s expectations by 33%.
Non-executive chairman Ian Gandel (second from left)
Alkane Resources Ltd (ASX:ALK) non-executive chairman Ian Gandel has shown confidence in Alkane’s ambition of becoming Australia’s next multi-mine gold producer by acquiring shares worth $2.92 million.
Gandel purchased 3,400,000 shares in on-market trades at an average price of 85.91 cents per share for a total consideration of $2,920,940, taking his holding in Alkane to more than 150 million shares in indirect interests. ....

New South Wales , Ian Gandel , Tomingley Gold Mine , Ord Minnett , Boda Prospect , Central West New South , Northern Molong Porphyry Project , Boda Two , புதியது தெற்கு வேல்ஸ் , போடா ப்ராஸ்பெக்ட் , மைய மேற்கு புதியது தெற்கு , வடக்கு மொளோங் போர்ஃபரீ ப்ராஜெக்ட் ,

Alkane Resources Limited shares surge following further high-grade gold-copper hits at Boda Prospect


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. ....

New South Wales , Alkane Resources , Alkane Resources Limited , Boda Prospect , Central West New South , Northern Molong Porphyry Project , Nic Earner , Northern Molong Porphyry , Boda Two , Tomingley Gold Operations , Mid Caps , Gold Silver , Alkane Resources Ltd , Sx Alk , புதியது தெற்கு வேல்ஸ் , போடா ப்ராஸ்பெக்ட் , மைய மேற்கு புதியது தெற்கு , வடக்கு மொளோங் போர்ஃபரீ ப்ராஜெக்ட் , வடக்கு மொளோங் போர்ஃபரீ , டொமிங்லி தங்கம் செயல்பாடுகள் , நடுவில் தொப்பிகள் , பழையது வெள்ளி ,

FTSE 100 bucks up as US indices head north

FTSE 100 bucks up as US indices head north
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